Brief: Nickel 28 Capital Sees Ramu Construction Debt To Be Repaid During 2024
30/01/2023 12:27
Jan 30 (Reuters) - Nickel 28 Capital Corp NKL.V :
* NICKEL 28 CAPITAL CORP- INTENDS TO RETURN SIGNIFICANT
MAJORITY
OF CASH FLOW NET OF OPERATING EXPENSES AS
DIVIDENDS/DISTRIBUTIONS AS PAYMENTS FROM RAMU RECEIVED
* NICKEL 28 CAPITAL CORP- MANAGEMENT CONTINUES TO ANTICIPATE
THAT
RAMU CONSTRUCTION DEBT WILL BE FULLY REPAID DURING 2024
* NICKEL 28 CAPITAL CORP- BELIEVE THAT ANY CAPITAL RAISING
OR
CORPORATE TRANSACTIONS WOULD BE VALUE DESTRUCTIVE AT THIS TIME
Source text for Eikon: ID:nBw1crYCQa
Further company coverage: NKL.V
((Reuters.Briefs@thomsonreuters.com;))
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