Low LeverageVery low debt gives Giga Metals durable financial flexibility while it advances a capital‑intensive mine project. Minimal leverage reduces bankruptcy risk, lowers fixed financing costs, and preserves optionality for strategic funding or joint‑ventures without near‑term solvency pressure.
Strategic Battery‑metals AssetTurnagain targets nickel and cobalt used in EVs and energy storage, aligning with multi‑year structural demand growth. A large sulphide deposit positions the company to supply critical materials if developed, supporting long‑term revenue potential tied to electrification trends.
Advancing Engineering & PermittingProgress on engineering and permitting reduces project execution and regulatory risk over time. Completed studies and permitting milestones make the asset more investible, improving odds of financing, partner interest, and eventual transition from exploration to development.