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FOCUS VENTURES LTD. V.FCV

Metals & Mining Industrial Metals & Minerals
"Focus Ventures Ltd is a Canadian-listed exploration company. It is engaged in the acquisition and exploration of mineral properties located primarily in Peru. The company focuses on developing the Bayovar12 sedimentary phosphate project in northern Peru. Focus Ventures operates through two geographic segments namely Canada and Peru."


TSXV:FCV - Post by User

FOCUS VENTURES LTD. > Focus Ventures on Financial Post
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Comment by waynedon Aug 06, 2015 5:07pm
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Post# 23995925

RE:RE:RE:Focus Ventures on Financial Post

RE:RE:RE:Focus Ventures on Financial Post
My math is off the cuff and my calculator won`t handle this big a number but , 188 million tons proven and probable times $175 per ton . That`s the Moroccan phosphate price = many billions of dollars . Even at $10 it would be well over a billion in the ground value .Even at 10% margin the cash flow would be enormous . Or am I doing something wrong ?
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