FOCUS VENTURES LTD. V.FCV

RE:RE:RE:Shareholder Update

[R_J_]

January 05, 2016 - News Release
Focus Announces Positive Prefeasibility Study for Bayovar12 Phosphate Project, Peru
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https://www.focusventuresltd.com/s/NewsReleases.asp?ReportID=735804&_Type=News-Releases&_Title=Focus-Announces-Positive-Prefeasibility-Study-for-Bayovar12-Phosphate-Proje...
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January 06, 2016
Shareholders Newsletter
An eight page PDF that includes and discuses the News Release.
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https://www.focusventuresltd.com/i/pdf/Shareholder-2016-Q1.pdf
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Here is something else.
Louis James Summary of the News Release.
Quote:
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The study has demonstrated that the Bayovar 12 phosphate project is technically and economically viable under certain assumptions and parameters, and has the potential to generate robust economic returns.
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Continued work is warranted to advance the project to feasibility study with opportunities for improvement recognized in several areas including resource/reserves, infrastructure capex and mine opex.
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Initial studies will include a review of the stage development of the open pit, including reduction of waste stockpiles outside of the pit and by using in-pit backfill opportunities earlier in the mine life, given the project economics are sensitive to waste haulage distances.
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On the product marketing side, on-site blending of RPR concentrates with selected nutrient additives to make custom DAPR fertilizers will be reviewed.
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The company believes that blending can add substantial value to the products from Bayovar 12.
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End Quote.
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RJ