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

Alternate Symbol(s):  CONXF

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 in the Dumont nickel project in Quebec and a... see more

TSXV:NKL - Post Discussion

Nickel 28 Capital Corp > Q2 financials?
View:
Post by Nergy on Sep 27, 2022 3:53am

Q2 financials?

Should be out this or next week, will be good and would have been fantastic if more of the NI stockpile were sold. Hopefully will they reduce the stockpile during Q3.
Comment by Michiel on Sep 27, 2022 9:38am
the most important for me is that the cashbalance goes up, and the debt goes significant down. We all wait for the moment the debt is paid off. From that moment on, dividends will be paid and the stock will rise to new heights. This all is something for end of next year. Far away, indeed, but no reason to sell the stock and wait for next year. You never know that MCC is making an offer on nickel28 ...more  
Comment by invest234 on Sep 27, 2022 12:20pm
share prices normally rise during debt reduction. it is not a step function where the share price does not move until the exact date company is debt free. the timing of debt payment and cash distribution is dependent on when jv partner sends cash distribution.
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