Nickel 28 Capital Corp V.NKL

Nickel news all over the place!!!!

[ICNick]

After spending time reading the news on nickel, I find very confusing and contradicting stories:

• Indonesia is by far the largest producer and are willing to take control of nickel production globally at all cost it seems.
• Australia is under a lot of "stress" because they have a lot at stake and the price of nickel does not make it possible to successfully operate at around $7.00 US per pound of nickel.
• Indonesia claims that the price of nickel will remain low (obviously the less competition they have the easiest it for them to control the market. Remember they were trying to get agreements from nickel producing countries to form some sort of OPEC like nickel alliances?)
• Now we are hearing that the low nickel price also puts pressure on some Indonesian mines ( I guess at $7/pound no many will win)
• We are also reading that that globally we might be in deficit in 2024 because Indonesia is slow at providing permits.
• We are also reading that some of the mining in Indonesia is done without respect to the environment and/or native people. (Will we see a classification of nickel based on the way mines produce in relation to their environment, basically having or not a "green" certificate?)
• We are also reading that stocks in China might be lower than previously anticipated.
• Some investors believe we have reached the bottom regarding the cost of producing nickel.

News are all over the place and I am certain that some news are an attempt to control and benefit from their impact on the market.
What we know with Ramu is that this is a mine with low cost production with many years of resources left.  Add to that the fact that operation expenses should be kept at a minimum. We should concentrate on selling the many benefits of Nickel 28 to investors and pay our debt asap.
Ramu is not in a bad place. If Nickel 28 plays its cards well we shall see more light at the end of the tunnel, or should I say at the end of the mine?

[Michiel]

I follow your analysis.  Ramu is a first class mine which produces at a very low cost price. Nickel28 generates cash which must be enough to make it a profitable company.  I hope with Pelham in the board,  they will keep their excpenses lower, so we get a nice profit/stock figure every quarter.