Focus Graphite Inc 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).

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Focus Graphite Inc > State of affairs

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Comment by jrhjr1127on Feb 03, 2023 8:31pm

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Post# 35266329

RE:RE:State of affairs

Additional fact: They spent approximately $3.5 million cash in 2022.
Inference: If they are spending cash at the same rate this year as last, they have approximately enough cash to last through the middle of May.
Conclusion: "another batch of funds to stay afloat" is not a lie, just the poster's opinion based upon observable facts.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?