Fortune Minerals Ltd T.FT

Your not in juniors …..

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If your not playing some odds for and against......odds for FT and Nico moving forward ramp up near daily. We are at the point that it seems that flip of the switch in our favour looks to be imminent, out of RG control but in the control of any number of potentials operators who, hook or by crook, need what we have. Hard to frame our potential any other way.  Soon the masses will see what lil ole FT can be 

....." The challenge and opportunities are even greater when it comes to the raw materials…Canada is rated among the top five nations in the world for reserves of critical minerals, such as lithium, cobalt, nickel, and is the only Western nation to have all the critical minerals needed to make batteries…“On the critical minerals part, nothing can come from China if you want to qualify for the (EV) credits,” said Jeff Meyer, director of energy and mobility for S&P Global. “That’s a big deal…"

we at FT are the only near term new one out there ...billions of dollars being committed in Canada..

"…The biggest prize being the $5 billion NextStar battery plant being built by LG Energy Solutions and Stellantis in Windsor…Other investments include the $500 million GM/Posco Chemical materials plant in Quebec, Umicore’s $1.5 billion cathode plant in Kingston, GM/Li-Cycle’s deal to recycle batteries, the Tesla/Vale nickel contract and Mercedes/Volkswagen signing an agreement with the federal government for access to critical minerals…" 

 

https://o.canada.com/news/local-news/trade-agreements-geopolitics-present-canada-with-lucrative-battery-supply-chain-opportunities

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Just doing usual check of various BBs to see some of the latest comments  JRV is shipping or planning on shipping concentrate ore from Idaho to Braslia Sherrit ships ore from Cuba to Canada  Elbm will be shipping some Glencore ore from DRC to Ontario  It's just a few near term things but somehow they make sense of this ....and here we sit with a very near term deposit

[Yellowknifer69]

Hello and good morning FT Longs: Quite frankly, given the cash flow burn rate, I would be surprised if we are not hearing from our illustrious leader soon. Another point to consider - I don't believe that a company like Haywood would take payment in shares if there wasn't something significant coming down the pipeline?  I mean who would accept 50,000 shares if they thought the

[Unlurker]

I feel your pain. This thing has dragged out long enough, it's well past time for something good to happen.   And I think you may be confusing the shares with dollar amount.. Haywood actually got around 450k shares with a current value of $50k.    Also the folks that extended the debentures got a gift of 350k shares for their kindness.   It only makes sense that

[Yellowknifer69]

Thanks UnLurker yes, I stand corrected on the share mix-up.  But either way who is going to take shares for a stuck pig?  These people are lot smarter than me - so it would only make sense that there is something else brewing that is going to make them a sizeable ROI. Just saying..... And we wait, and wait, and wait Yellowknifer

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The way things are going for ELBM today it would not surprise if there are discussions in that direction as well.  The DRC cobalt Glencore is supposed to supply them will not cut it for the rebate Eligibility requirements in the USA.  It's  only the start and GC will be looking for ways to circumvent the issue .... could they be on the list of people who are calling back to