Fortune Minerals Ltd T.FT

Canada Announces Funding to Support Domestic CMs in NWT

[Allman]

Government catching up with announcements?

https://www.canada.ca/en/natural-resources-canada/news/2024/03/government-of-canada-announces-funding-to-support-domestic-critical-minerals-value-chains-and-create-good-jobs-in-the-northwest-territories.html

[Jim1712]

https://www.canada.ca/en/natural-resources-canada/news/2024/03/government-of- canada-announces-funding-to-support-domestic-critical-minerals-value-chains-and- create-good-jobs-in-the-northwest-territories.html Government of Canada Announces Funding to Support Domesc Crical Minerals Value Chains and Create

[hounddog69]

Is this new money or just a delayed announcement from the $ announced a few months ago?

[ztransforms173]

“Fortune Minerals is grateful for the financial support it is receiving from the federal government for its vertically integrated NICO cobalt-gold-bismuth-copper project through the Critical Minerals Research Development and Demonstration program. These funds will support additional piloting needed for detailed engineering and preparation of the company’s updated feasibility study to help advance

[Allman]

Minister Wilkinson is likely taking care of backlogged announcements, clearing the deck for the next big FT funding announcement.

[red]

Maybe the FT samples arrived ? And they confident enough to say that the 700 k can now be used to do the optimization testing  and make the catchup announcement because they have the confidence and seen the samples ?  assuming testing is successful.... will only lead to bigger funding options .... this so called optimization, so we heard,  could lead to some 200 million saving

[ztransforms173]

red - (3/26/2024 1:31:26 PM)   RE:RE:Canada Announces Funding to Support Domestic CMs in NWT   Maybe the FT samples arrived ? And they confident enough to say that the 700 k can now be used to do the optimization testing  and make the catchup announcement because they have the confidence and seen the samples ?  assuming testing is successful.... will

[Freedom2022]

A nice little update about the samples leaving FT would have been a nice bit of promo?  typical, secrets secrets secrets lol   

[red]

We don't officially know that on the samples  .... rumours abound on everything FT .... it's all RG's call.  Z73 - saving 200 milion on optimization ? If true ... something is getting cut or they have significant technology improvements and could be a factor as well given our last FS is now 10 years old .... we wait s'more 

[Allman]

Interesting picture that accompanied the government funding announcement - I might be mistaken, but it looks like Robin assisting hooking up ore samples to have them flown out from the NICO site. Also this government press release conveys all the right messages and alignments of FTs NICO project with the governments CM aspirations, lining FT up for money from the Critical Minerals Infrastructure

[ztransforms173]

WHAT TO MAKE of this PICTURE ? ^^^ Image weblink: https://www.canada.ca/content/canadasite/en/natural-resources-canada/news/2024/03/government-of-canada-announces-funding-to-support-domestic-critical-minerals-value-chains-and-create-good-jobs-in-the-northwest-territories/_jcr_content/par/news-release/articleBodyAndImage/image.img.jpg/1711466997629.jpg *** - FT CAN AFFORD to RENT a

[red]

Looks like a local YK helicopter firm colours to me ! Lol 

[ztransforms173]

Allman - (3/27/2024 7:41:55 AM) *** - I BELIEVE that you are RIGHT about the SIMILARITIES in MESSAGING and we 'MUST ASSUME' tha the FT CEO has given the Minister of Natural Resources an INDEPTH DESCRIPTION and PRESENTATION on the FT NICO Project   - therefore, it is HIGHLY LIKELY (?) that the Nico Project has BEEN PRE-APPROVED for MAJOR FUNDING (in addition to