RE:RE:Goad speaksYikes....what a mess.
I guess we know why the drill results and 2021 annual report / Q4 financial statements have not been released. Management has been far too busy making a 2 minute promotional video.
That being said, who has ever seen a company looking for investors produce a promotional video as a way to attract serious investors. How are they not involving a 3rd party expert to connect with and negotiate with potential lenders. Lenders want data and feasibility studies to assess, not videos.
Apparently FT is still looking to develop NICO in house. They are looking for lenders without even having the sense of updating their old feasbility study. Who is going to lend them the initial 25 million to just update a feasibility study and buy some contaminated brown-field site.
What a disaster. FT does not have the capacity to plan, build and operate the NICO mine and refinery (IMHO). No one will give them 750 million.
They don't even have an updated FS with current cost escalations. Where are they pulling these numbers from. They should have spent the money on a high level updating of the FS, and forgot about the video.
Where are the Q4 financial statements?