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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, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

Bullboard Posts
Post by scissors14on Oct 29, 2012 3:10pm
322 Views
Post# 20536229

$10,000 Assumed Price for 99.9%

$10,000 Assumed Price for 99.9%

Slash is correct, the current pricing according to Industrial Minerals Magazine is $5,000 - 8,000 per tonne so the IRR is highly skewed to the upside.  Using a figure of $6000 per tonne in the PEA would be more realistic and conservative.  Also, including 16% of the upgraded small flake skews the IRR as well as there is likely no market for that product and if one can be found, it would be sold for $3000-4000 per tonne.

Having access to the full PEA will unveil a full understanding of the numbers and tell shareholders and analysts what steps are next in order for the company to produce a bankable feasibility study which will be fully based in reality (what happens to the IRR if you use an assumed price of $6000 per tonne rather than $10,000)? 

The market understands graphite mining much today better than it did a year or two ago. It will read between the lines and value the company accordingly.

 

Bullboard Posts