CONXF — Stock Film
STOCK FILMSCENE 1/9CONXF · $0.81
Stock Expert AI presents
CONXF
Nickel 28 Capital Corp
~3 min filmnumbers from filings & market dataplain English
WHAT DOES THIS COMPANY DO?
Nickel 28 Capital Corp. What it actually does.

Holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation in Papua New Guinea. Now — the numbers.

on the stock market since 2019
7 employees
$69.6M market value
Revenue in FY2026:
$0
The loss that same year:
$1.1M
Costs ran slightly above sales last year.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
The sales picture, year by year.

Red columns mark years that ended in a loss.

$0
2022
2023
2024
2025
$0
2026
In the vault right now:
$9.1M
DEBT: $31.9M
At last year’s cash burn, that money lasts about 14.6 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE FIVE-YEAR JOURNEY
A deep fall from the peak.

The stock trades 43% below its peak. The market has cut its expectations for the company sharply.

THE BRIGHT SIDE

Our checks did not surface a specific strength to highlight here.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $1.1M against $0 in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.81. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
Far below its peak

The stock trades 43% below its five-year peak.

FINALE · THE GRADE
—
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

The takeaway: CONXF is a high-risk stock — not yet profitable, and its future rides on its product catching on.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Oct 7, 2026 · stockexpertai.com · Stock Film