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FPX Nickel Corp. FPOCF


Primary Symbol: V.FPX

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 Sasha11on Oct 19, 2024 2:02pm
93 Views
Post# 36273208

RE:Sasha

RE:SashaI understand it based on the video and the companys own PEA  which is already a tough sell with 18.3% IRR on a 1.72 billion dollar of high risk investment.  Thats to go stainless feed product.  The smelter feed is an advantage for this Fe Ni mineralogy and not an FPX cost since they sell to the smelter.  If you go to Ni sulphate FPX costs go up and the chemistry is not well suited to the mineralogy.   You can do it technically but its easier and cheaper to go with laterites or sulphides.  The battery feedstock approach is just for corporate marketing, but it doesnt make economic sense.  This will all come out eventually.
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