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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Post by Allmanon Oct 30, 2022 8:43am
172 Views
Post# 35058369

Sr Buyer, Raw Materials (Batteries) VW

Sr Buyer, Raw Materials (Batteries) VWFor what it's worth, here's a VW posting where the responsibilities confirm that they will be interested in cobalt - whose cobalt remains to be seen. When you take things for face value, there seems to be a misalignment with FT's time fences (re refinery and debentures) and what we're hearing about in industry, eg. VW PowerCo Canada setting up an office (which likely won't have people hired until early next year), resource tables which will likely be completed Q1 2023, etc.  Unless there's something going on that we're not aware of (which of course is highly probable), FT may need to kick the can down the road some more. IMHO

https://www.monster.ca/job-openings/sr-buyer-raw-materials-batteries-ajax-08--f7f90943-8b71-4ec8-8ba6-918cfae3d872
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