Bullboard - Stock Discussion Forum Nickel 28 Capital Corp V.NKL

Alternate Symbol(s): CONXF

Metals & Mining Industrial Metals & Minerals

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty on the fully permitted Dumont nickel project... see more

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Nickel 28 Capital Corp > Annual result 2020

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Post by Talchior on May 02, 2021 7:49am

Annual result 2020

The annual report is available. I think that the more interesting is that with a repay in January of 15 millions $ (result of 6 month sale), the operational debt is lower than 10 millions. Considering that the average of nickel and cobalt prices are higher than the 6 months before January, we can agree that the operational debt will be fully repaid for July. When the operational will be paid, 35% of the cash flow will be put as cashflow. If we consider 15 millions on second half, should be something around 5 millions. And you, your opinion?

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