Incentives for critical mineral juniors - Nickel Creek Platinum's Stuart Harshaw on sector support
Tax incentives and infrastructure improvements are some of Nickel Creek Platinum's Stuart Harshaw favorite supports for the sector. In mid-July correspondent Paul Harris sat down with Harshaw at Invest Yukon’s Mining Property Tours & Investment Conference 2023. Hawshaw is president and CEO of the company. Nickel Creek Platinum (TSX:NCP) is a Canadian mining exploration and development advancing its 100%-owned Nickel Shäw project. The project is located three hours west of Whitehorse via the paved Alaska Highway. The company aims to become a nickel, copper, cobalt and PGM producer. Canada's federal government has launched various incentives aimed at the critical mineral sector. "The biggest one is tax incentives that will dramatically improve the bottomline," said Harshaw. Last month the company released a pre-feasibility study showing an estimated after-tax net present value ("NPV") at a 5% discount rate is $143 million with an after-tax internal rate of return ("IRR") of 5.8%.
About Nickel Creek
Nickel Creek is an American bluegrass band consisting of Chris Thile (mandolin), and siblings Sara Watkins (fiddle) and Sean Watkins (guitar). Formed in 1989 in Carlsbad, California, they released six albums between 1993 and 2006. The band broke out in 2000 with a platinum-selling self-titled album produced by Alison Krauss, earning a number of Grammy and CMA nominations.
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