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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
Comment by slashnhackon Feb 09, 2013 1:46pm
209 Views
Post# 20963205

RE: RE: Most likely

RE: RE: Most likely

Wrt offtakes, we have RPA confirmation that there is demand for Lac Knife's graphite exceeding  production quotas expressed in the PEA. Given the history of the deposit, low production costs and proven demand, if Focus somehow wouldn't be able to get the offtakes, I think there's little hope for the rest of the pack.
 

As soon as FMS can show that they can produce with 3rd party verification and has an approved MINE CLOSURE PLAN which gives FMS the right to proceed with construction of the mine.

So why would say a Samsung give them an offtake agreement when neither FMS or samsung knows when FMS can deliver material.

Use some commonsense no end user will issue an offtake beofre a mine is approved via permits.

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