1. Limited geographical diversification - North American Nickel Inc operates primarily in Canada, which limits its exposure to other potentially lucrative markets.
2. Smaller market capitalization - Compared to its peers, North American Nickel Inc has a smaller market capitalization, which may limit its ability to attract investors and raise capital.
3. Limited production capacity - The company has limited production capacity, which may limit its ability to meet demand and compete with larger peers.
4. Higher operating costs - North American Nickel Inc may have higher operating costs compared to its peers due to its smaller size and limited production capacity.
5. Higher risk profile - As a smaller company, North American Nickel Inc may have a higher risk profile compared to its larger, more established peers.
6. Limited resources for research and development - The company may have limited resources for research and development, which may limit its ability to innovate and stay competitive in the market.
7. Dependence on a single commodity - North American Nickel Inc is primarily focused on nickel exploration and production, which makes it vulnerable to fluctuations in the price of nickel.
8. Limited track record - The company has a limited track record compared to its more established peers, which may make it less attractive to investors and partners.
