Canada Nickel Company Inc V.CNC

capital costs of 3.54 billion for its first and second stage

[Cobalt]

"based on a long-term nickel price of $21,000 per ton and oil price of $70 per barrel."

Really? 70? as an Oil trader i'm very surprised they went that low would have used 85 for some cushion and 21,000 nickel? 18,500 and dropping.

[WobblyChart]

I always saw nickel market as more opaque than oil. The LME squeeze shenanigans of 2022 come to mind. 70 bbl is pretty low ball, though.

[CEOofEPO]

nickel recovery is also really poor. 

[Cobalt]

Very interesting i'm not seeing any "look at these numbers what a return!"

[StockGuru454]

Ya I would say 80 to 84 for oil, that was a slimy nove. However nickel price I have to disagree and would put it somewhere between 22 and 25. I would also agree/ disagree with the start up costs, in reality it's 2.5ish... minus about half of that in goverment incentives and tax rebates. Then the other half was Cleary stated what the terms would be in that brings us to almost no debt to equity

[Cobalt]

Thanks for the numbers will have to watch for Nickel to find a turn. Then front run institutions at 50 % built.