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Bullboard - Stock Discussion Forum
Fortune Minerals Limited.
T.FT
Alternate Symbol(s):
FTMDF
Metals & Mining
Industrial Metals & Minerals
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.
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Bullboard (TSX:FT)
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(175)
•••
Allman
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Post by
Allman
on Jul 02, 2024 4:21pm
FT July 2024 corporate presentation (update)
https://s1.q4cdn.com/337451660/files/doc_presentations/2024/07/240701-fortune-minerals-nico-project-presentation.pdf
(15)
•••
Lotten
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Comment by
Lotten
on Jul 02, 2024 2:49pm
RE:RE:RE:Option to buy refinery expires.
I think your conclusion sounds plausible. Some of the stakeholders were perhaps not convinced that the agreement with JFSL could not be improved. As you pointed out in another post: "the
...more
(17)
•••
hounddog69
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Comment by
hounddog69
on Jul 02, 2024 11:43am
RE:RE:RE:Option to buy refinery expires.
Excellent post. You're right, it's possible that the potential partner doesn't want the JFSL. Or wants to see the completed feasibility study before committing to the JFSL.
(309)
•••
Baserunner
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Comment by
Baserunner
on Jul 02, 2024 11:38am
RE:RE:RE:Option to buy refinery expires.
Well said nemesis! We have a lot of well entente people on this board! Please People let's not get our shorts in a knot here! The story is the same as it has been the last 6 mos ! Now we have a
...more
(8)
•••
Nemesis
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Comment by
Nemesis
on Jul 02, 2024 11:28am
RE:RE:Option to buy refinery expires.
I agree Allman, these are 3 possible options, but the second seems unlikely to me ... this kind of financing agreement with Lind Partners is usually well put together. The first option also seems
...more
(939)
•••
ztransforms173
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Post by
ztransforms173
on Jul 02, 2024 11:16am
Worley Has a BIG MOUTH; What Are They Going TO DO ABOUT IT ?
Battery material producers are positioned to capitalize on the growing demand for electric vehicles. But could the looming shortage of energy conversion materials restrict their growth? See: https:/
...more
(939)
•••
ztransforms173
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Comment by
ztransforms173
on Jul 02, 2024 10:33am
RE:New PATH: JFSL/FT LEASE TO BUY ARRANGEMENT ?
- Well, WHAT DO YOU KNOW ? See: https://www.worley.com/en/solutions/industries/chemicals-and-fuels/fuels/refining https://www.worley.com/en/solutions/services-and-technology/enhance-project
...more
(272)
•••
red
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Comment by
red
on Jul 02, 2024 9:42am
RE:New PATH: JFSL/FT LEASE TO BUY ARRANGEMENT ?
Totally agree on this possibility....and has probably been in works for some time , behind scenes ... FT will not be able to do a UFS without relative detail of current construction cost estimates
...more
(939)
•••
ztransforms173
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Post by
ztransforms173
on Jul 02, 2024 8:53am
New PATH: JFSL/FT LEASE TO BUY ARRANGEMENT ?
- WOULD SOLVE a LOT of PROBLEMS and MAKE LIFE MUCH EASIER for Fortune Minerals - JFSL would HAVE TO BE a WILLING PARTNER but they can GET GREATER REWARDS {MUCH MORE than the SALES REVENUE of the JFSL
...more
(272)
•••
red
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Comment by
red
on Jul 02, 2024 8:47am
RE:RE:What HAPPENED To Our $ 1,437,500 DEPOSIT On JFSL Option ?
We are not walking away from it ...proof will be in the pudding.....which not been served yet lol Clearly more to this ....failure is not an option
(17)
•••
hounddog69
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Comment by
hounddog69
on Jul 02, 2024 8:30am
RE:What HAPPENED To Our $ 1,437,500 DEPOSIT On JFSL Option ?
Non refundable deposit?
(144)
•••
Jim1712
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Comment by
Jim1712
on Jul 02, 2024 8:23am
RE:RE:RE:Option to buy refinery expires.
My theory is that Fortune couldn't get any financing in time to close the deal . Jim.
(272)
•••
red
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Comment by
red
on Jul 02, 2024 8:11am
RE:RE:Option to buy refinery expires.
The list of possibilities could go on for days I am going with the possibility that someone does not like the Lind deal and may have the ways and means to help FT avoid Lind arrangement with something
...more
(175)
•••
Allman
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Comment by
Allman
on Jul 02, 2024 6:58am
RE:Option to buy refinery expires.
Three potential issues come to mind with this expiration: 1. JSFL has a competing offer 2. an issue with Lind Partners financing 3. a 3rd party interested in FT is not interested in site or has
...more
(15)
•••
Lotten
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Comment by
Lotten
on Jul 02, 2024 3:22am
RE:RE:Option to buy refinery expires.
Important incidents that impact a company must be released as soon as possible. Just a coincidence that the expiration of the option fell on a weekend.
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