Nickel 28 Capital Corp
Primary Ticker: TSXV:NKL
Stage of Development: Production, Development, Exploration
Primary Minerals: Cobalt, Nickel
Country / Region: Australia, Canada, Papua New Guinea
Market Cap 65M
Website: Nickel 28 Capital Corp
Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.
Management Profile
Craig Lennon, CEO
Mr. Lennon was appointed as Head of Asia Pacific of the Company in 2019. Mr. Lennon is a highly experienced corporate and finance executive, having served as the Managing Director (from 2016 to 2019) and Chief Executive Officer (from 2007 to 2016) of ASX-listed Highlands Pacific Limited. Prior to Highlands Pacific, Mr. Lennon worked for KPMG for five years in Australia, gaining experience in industries including manufacturing, construction, retail, hospitality and mining, and also worked in the United Kingdom for two years in the manufacturing industry. Mr. Lennon is a Chartered Accountant (Australia) and member of The Institute of Chartered Accountants Australia.
Cindy Davis, CFO
Mrs. Cindy Davis possesses over 15 years of experience of providing accounting, financial reporting, regulatory compliance, and management advisory services to publicly listed companies, through Marrelli Support Services Inc. She also serves as the Chief Financial Officer of Royal Road Minerals Limited. Mrs. Davis is a Canadian Chartered Professional Accountant and holds a Bachelor of Science degree specializing in Accounting and Economics from the University of West Indies in Jamaica.
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Continue to use free cash flow to repay operating debt and grow our investor base through investor awareness programs.
6 Months:
Same as 3 month goal.
12 Months:
Start generating free cash flow and move the investor base towards institutional support.
What do you think makes your company such a compelling investment?
Scarcity value amongst investors looking for nickel and cobalt leverage to existing production and the prospect of meaningful cash flow and a return of capital to shareholders.
