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FPX Nickel Corp. V.FPX

Alternate Symbol(s):  FPOCF

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.


TSXV:FPX - Post by User

Comment by potluck1on Feb 03, 2021 4:43am
396 Views
Post# 32455715

RE:Nice report on FPX

RE:Nice report on FPXThis is a good way of explaining the relative value of the stock and it's current potential, from the article:

The 2020 PEA that we just completed showed a net present value on a Canadian dollar basis after tax of, in excess of 2 billion Canadian dollars. And we currently have a market cap of around just over 100 million Canadian dollars. So we trade at about 5% of our project value in our study. Typically base metal projects at this stage of development in the PEA to PFS stage, they often will trade at 15% to 20% of their project value.
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