Canada Nickel Preliminary Economic Assessment Confirms Robust Economics of Crawford Nickel Sulphide Project
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8% and 16% after-tax IRR
First quartile net C1 cash cost of $1.09/lb and net AISC of $1.94/lb of nickel
Production of 1.9 billion pounds nickel over 25 years
Annual EBITDA of $439 million and annual free cash flow of $274 million
Immediately advancing to feasibility study
(All amounts in US dollars unless otherwise indicated.)
TORONTO, May 25, 2021 /PRNewswire/ -
Canada Nickel Company Inc. ( Canada Nickel or the Company ) (TSXV: CNC) (OTCQB: CNIKF), is pleased to announce that the Preliminary Economic Assessment ( PEA ) has confirmed robust economics showing an after-tax NPV