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

Add To Watchlist

TSXV:NKL - Post Discussion

Nickel 28 Capital Corp > Slow going

View:

Post by Keepdigging on Dec 02, 2024 9:21am

Slow going

Nkl is taking an eternity to pay down the last 25 million of construction debt that should be retired before any share buy backs. The last time i investigated this their % of production increases after pay down. The other headwinds for nickel is battery chemistry is changing or will change.

Comment

Comment by 1930modelA on Dec 04, 2024 12:51am

I agree. Share buybacks not increase the value of Nickel 28's primary investment/income, it only MAY increase share. I think that increased net revenue would have a greater positive increase of share value as it actually increases entity value. This makes for a better long term investment.

Comment

Nickel 28 Capital Corp