Fortune Minerals Limited. T.FT

Good read on shortages to come

[red]

I hope this link works ....predicted 170,000 ton shortage of cobaltby 2030 .....that does not happen overnight ...immediate shortage predicted to be evident by 2023 .....FT in part, can meet the demand shortage that is eminent. News required on our processing picture to complete the story and we are in the game to a much greater degree. Hard to believe we would not be a serious target of manufactuers.....the great disconnect is coming to a head.

https://www.northernminer.com/editorial/battery-and-green-metals-brighten-outlook-for-mining-sector/1003829925/

[Yellowknifer69]

Hello and good morning FT longs Thanks for sharing this Red - appreciate your diligence as per usual.   I think that it would be difficult for FT to meet a demand shortage anytime prior to 2024.  Why you may ask? We are 4 months into 2021 and we still don't have an identified partner and a plan to develop the proposed mine.  I would think any proposal would need to come

[red]

There is lots to be optimistic about and I know most of us see and agree with that. At this point For all we know it may be possible that Sheritt in Ft Saskatchewan sees benifit in using our cobalt now, along with the Cuban cobalt ( that they currently ship from Cuba and process in Ft Sask. Edmonton) ) to at least start the program greatly increasing the time line of at least something happening