Potential Nickel and Cobalt plays.
by 90smoney | March 5, 2018 8:33 pm
This is a discussion for potential plays based on the future demand of class I nickel[1] and cobalt[2] in NMC batteries for electric vehicles and energy storage. NMC batteries currently consist of a 1:1:1 ratio of nickel, manganese[3] and cobalt oxide, however future batteries (2025) will approximately consist of 8:1:1 ratio. I will share some companies I am either interested in or have invested in and include information about the companies and reasons why I like them. Please share any companies you have interest investing in with DD and information on the company.
Endnotes:
- nickel: https://www.stockgumshoe.com/tag/nickel/
- cobalt: https://www.stockgumshoe.com/tag/cobalt/
- manganese: https://www.stockgumshoe.com/tag/manganese/
Source URL: https://www.stockgumshoe.com/2018/03/microblog-potential-nickel-and-cobalt-plays/
$RNX.tse
$RNKLF
Royal Nickle Corp (RNX) on the Toronto Stock Exchange.
RNKLF on the OTC
Their nickle-cobalt project located in Dumont Quebec, Canada is shovel ready and is the largest “undeveloped” nickel cobalt reserve in the world.
Some highlights on this potential project include:
Much infrastructure including rail, roads and water are all ready in place.
When in production the mine is expected to be the 5th largest nickle sulphide producer in the world.
Currently ranked 8th largest cobalt reserve in the world at 126 kt, (cleanteq is 11th)
Ranked 2nd largest nickel reserve in the world.
Market cap is currently ~95.5 M, which could be seen as undervalued to similar projects (Cleanteq ~ 773.5 M).
“Production is forecast at 73 million pounds of nickel annually and 2.3 million pounds of cobalt in concentrates. The recovery of nickel and cobalt will be achieved using proven, conventional milling technology, rather than more technically challenging pressure acid leach technology.”
http://resourceworld.com/index.php/rnc-set-develop-worlds-largest-nickel-cobalt-project/
RNC Investor presentation from March, 2018 can be found here
http://www.rncminerals.com/presentations
I am long $RNX
in at 0.17$, I had mentioned this company before, but decided to start a discussion and mention it here. I will write about other companies of interest soon. Also I mention Cleanteq for comparison purposes only, in no way am I trying to portray either company as a better investment.
Yeehaw RNC, RNKLF 9,000 ounces of gold from beta hunt mine. Those are some big nuggets https://business.financialpost.com/commodities/mining/royal-nickel-surges-83-after-striking-a-mother-lode-of-gold-at-australian-mine
Royal Nickel ($RNX, $RNKLF) CEO Mark Selby on BNN interview September 17, 2018
https://www.bnnbloomberg.ca/video/high-grade-gold-find-boosts-royal-nickel~1490916
News Release on ongoing Father’s Day Vein: http://www.rncminerals.com/2018-10-02-RNC-Provides-Fathers-Day-Vein-High-Grade-Gold-Discovery-Update#assets_all
minimum of 30-35,000 ounces of gold to be recovered from the initial development area. To date, approximately 27,000 ounces of high grade coarse gold has been recovered from a 60 m3 cut (167 tonnes)
#nickel #gold #betahunt
I’m pretty much “all in” on Balmoral. BAR.TO or BALMF. Took advantage of last couple years’ pullback to max out my position, and also to do ROTH Conversions in 2018 and 2019 to get it all moved into a tax-free account. I have no problem paying taxes on it at 10 cents/share, if I can sell in a few years at $1 to $3+ and owe no capital gains.
Great management, proven reserves of gold plus Class 1 nickel, and exceptional prospective land holdings.