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Bullboard - Stock Discussion Forum Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > Final rules on IRA clean vehicle provisions issued
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Post by Allman on May 04, 2024 8:31am

Final rules on IRA clean vehicle provisions issued

US clean vehicle credit final rules are out and EV manufacturers now know exactly what they need to comply with ... still seems favourable for FT's NICO deposit cobalt.

https://home.treasury.gov/news/press-releases/jy2323

https://www.energy.gov/articles/doe-releases-final-interpretive-guidance-definition-foreign-entity-concern
Comment by Freedom2022 on May 04, 2024 1:57pm
Will this spur RIO to make "The Deal" with FT and the Can Fed funding?  and also any US funding? depending on new process results of course,,  cheers! 
Comment by Freedom2022 on May 04, 2024 2:02pm
I hope the May 15 deadline was based on a reality that can be achieved , it would border on Mental cruelty for small share holders,,lol   cheers!
Comment by Jim1712 on May 04, 2024 4:07pm
Now that's funny.  But true.   Jim. 
Comment by red on May 06, 2024 9:14am
I don't know how many are laughing about May 15, it seemed odd to creat a specific date and pretty sure it's not based on any gov funding as no one will be able to get a hard and fast commitment ( date ) on that and would be remarkable if RG could. So what is it about May 15, that will be significant to us?  I don't think one can start or legitimately do a FS study on optioned ...more  
Comment by red on May 06, 2024 9:16am
Maybe ask AI that ? lol 
Comment by Jim1712 on May 06, 2024 12:05pm
Here yah go.     The final rules on the clean vehicle provisions of the Inflation Reduction Act (IRA) provide the following key details:   The IRA allows a maximum credit of $7,500 per new clean vehicle, consisting of $3,750 for meeting critical mineral requirements and $3,750 for meeting battery component requirements.[1][2]   To qualify for the full $7,500 credit, ...more  
Comment by ztransforms173 on May 06, 2024 2:04pm
US FREE TRADE AGREEMENTS: ^^^ U.S. Comprehensive Free Trade Agreements and Other Trade Agreements     The United States is party to 14 Comprehensive Free Trade Agreements with 20 countries and one Trade Agreement with one country. Information on each Trade Agreement can be found below1,2. Free Trade Agreements Australia ...more  
Comment by ztransforms173 on May 06, 2024 10:47am
  red - (5/6/2024 9:14:32 AM)   RE:RE:RE:RE:Final rules on IRA clean vehicle provisions issued   I don't think one can start or legitimately do a FS study on optioned property? ( altho FS studies do make some presumptions ) What possible use would the owners have or possibly want to do on that site , that they could not be doing already, while FT finalizing ...more  
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