Nickel 28 Capital Corp V.NKL

Highlights = Lowlights

[Suppe11]

Pretty bad...missed the first falf Nickel bull market completely. Looks like it's gonna be a lost year. The rather short and depressive press release says it all.

[Michiel]

and no news about the amount of debt repayment...... why?

[Talchior]

if I remember the payment is done twice a year.

[invest234]

bad luck running at reduced capacity but they still have a full quarter of nickel inventory and can continue to sell a quarter worth of nickel during q3. yes they get distributions bi-annually. when they receive the cash distribution, cash jumps back up as happened in the past. "Now that the operating debt is repaid, the Company will receive cash proceeds on a bi-annual basis equivalent to

[Talchior]

we discussed this on another channel with Anthony. The current rate is interesting Here the quote from him:" @Anthony-Milewski @Timber12 - we are a single cash flowing asset company. Getting a secured loan with a higher interest rate and only one source of cash is risky for any company. The current debt facility has amazing terms and is getting paid down at a great rate."