Bullboard - Stock Discussion Forum Focus Graphite Inc FCSMF

Primary Symbol: V.FMS

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.... see more

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Focus Graphite Inc > updated FS study required?

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Post by Freedom2022 on Mar 26, 2023 7:24pm

updated FS study required?

I e-mailed my potiential Graphite mine company in Quebec (mentioned in previous posts) and they informed me that "Now that we have a updated feasibility studdy done in hand for the project , it could qualify for funding under the IRA act among other programs. These programs are looking for companies with projects that have reached the Feasibility stage"! Fortune Minerals Does Not! Is this a Major hurdle to delay the millions the Company desperatly needs? and how many shares would FT need to issue to pay for a updated FS if we need it to get IRA/Can gov $$ , let alone pay for ALTA cheers!

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