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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company. The Company is engaged in the exploration and development of deposits of flake graphite located in Quebec, Canada. Its projects are Lac Knife and Lac Tetepisca projects. Lac Knife project is a high-grade crystalline flake graphite deposit located in northeastern Quebec, approximately 27 kilometers (km) south of Fermont. The property consists of approximately 57 mining claims covering 29,863 hectares. Lac Tetepisca project comprises two properties, Lac Tetepisca and Lac Tetepisca Nord. These properties are located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, approximately 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of St. Lawrence River in the Cote-Nord, Quebec. Its properties form a block of approximately 115 claims, covering 6,000 hectares within the Manicouagan-Ouest Graphitic Corridor.


TSXV:FMS - Post by User

Bullboard Posts
Post by StockscoutXon May 28, 2015 10:35am
180 Views
Post# 23773695

The financials of FMS. Does it justify salaries & bonuses!

The financials of FMS. Does it justify salaries & bonuses!The last four years the CEO has been raking in over 1 million a year in salary and bonuses while the others in the administration have raked in the 6 figure. The company is revenueless. I will let you figure out with who's cash they live on. Numbers don't lie but a forward looking statement is worth whats its worth. Care to buy their shares?

Financials

(Fiscal Year in K)
2010         2011        2012        2013        2014        TTM

      0               0              0              0              0              0  Revenue % Change

 -540      -3,994    -10,571      -9,650      -6,248     -4,804  Operating Income % Change

 -388      -3,377    -10,093      -3,322      -6,051     -4,677  Net Income

  -383     -1,793      -5,363      -6,588      -5,783     -2,955  Operating Cash Flow

    -64        -173      -6,594      -6,440      -6,411     -5,085  Capital Spending

  -447     -1,966    -11,957     -13,028    -12,194    -8,040  Free Cash Flow % Sales

  -0.01      -0.05        -0.11         -0.03        -0.06      -0.04  EPS % Change

  -0.02      -0.03        -0.13         -0.12        -0.11      -0.07  Free Cash Flow/Share

All in my opinion.

Bullboard Posts