Money continues to pour in for early-stage nickel stocks, with Australian upstart Mincor securing the sort of financial support rarely offered to pre-revenue companies at a time when Andrew Forrest and BHP continue to battle over a Canadian nickel explorer.

Tribeca Investment Partners is understood to be the unnamed “global resources fund” that acquired $30 million worth of Mincor stock prior to the launch of its oversubscribed $60 million equity raising, which was further complemented by an unusually supportive $30 million debt arrangement from BNP Paribas.