Let's Here Your Predictions for 2022! Hi All - what do you think 2022 holds for Fortune
Drill results expected soon, surge in Cobalt demand, Tli Cho highway finished, 11 million in debt coming due in August.
What's your best guess for 2022 and why. And go! Here's my guess.
Drill results - deposit extended to 42 million tons at about the same average grade. Some high value targets identified, but more drilling required to determine their extent.
Partnership formed with a Canadian gold mining corporation- Fortune retains 20% of newly formed Nico Mining Corp. Detailed engineering begins and access road construction begins summer 2023.
Metallurgical Refinery - decision made to ship concentrate off-shore to 3rd party. Decision made to de-risk project by engaging technical specialists to construct and operate metallurgical refinery. Reduces capital requrements and allows the miners to focus on mining and concentrating.