RE:FT Investor RelationsThanks Yellowknifer that is more than I got out of Troy a month or so ago. He just rehashed the same message and "good news" items I'm sure you got back.
That being said, I'm still holding as well. Lets review the situation. The TASR (road) hearings are in a litle over a week. It appears certain this will be approved ( although with a delay being a possibility) We know about the proposed permitted mine and First Nation approval as well as the primary commodity (that being cobalt) increasing substantially in demand and value. We also know Fortune has signed confidentiality agreements in place with possible stategic partners and others of the sort.
The updated BFS is overdue and should not have been given a targeted completion (so as not to disapoint) date by management That being said when complete, the numbers should be substatially more robust, more akin to perspective startegic partners liking with, in my opinion, a similar capex.
Financing is the key, as it almost always is. No "traditional finance model" will pony up that kind of investment dollar without a real strong case of capital recovery in a relative short period of time. Perhaps a strategic investor with a longer time horizon that benefits from a partnership/commodity security makes more sense. And yes I think the window of opportunity is now. Again, just my opinion.
Lettern