Post by
Wangotango67 on Dec 21, 2024 6:04pm
ALLMAN
I provided Cobalt prices only.
Obviously gold is higher in price compared to 2017.
Here are a few more Cobalt prices -
I allotted @26k/t pretty darn close prices vary by country/contract
LME Chart
https://www.lme.com/en/metals/ev/lme-cobalt#Summary
Concentrates
do not command same $$ as metal or sulphate value
Distance
Yellowknife to Edmonton
1451 km
page 7 FT Corp Presentation
https://s1.q4cdn.com/337451660/files/doc_presentations/2024/06/240701-fortune-minerals-nico-project-presentation.pdf
BC Rail
The freight railway operations of the historic rail line were divested to CN in 2004 when the former BC Liberal government sold BC Rail's trains and long-term leased most of its tracks to the company for $1 billion.Aug 30, 2024
August 30, 2024
BC Rail executives earn $500K to manage railway with no trains and 40km of trackhttps://globalnews.ca/news/10726981/bc-rail-executive-compensation/#:~:text=The%20freight%20railway%20operations%20of,the%20company%20for%20%241%20billion.
Pull bismuth, gold, and cobalt as sulphate, copper etc....
Gold values are presented using higher grade ore zones what about
lower grade zones ?
1450 km moving raw ore ?
What has been done to Nico since 2014 ?
Pro's - Con's
Anyone awake when reading BC rail article ? <------------
Hey.... i'll leave the shareholders of FT in thier current state of,
sleep.
I've offered a few good ideas...
But... seems sheareholders are bent on, Nico.
Have a good one.
All the best - good luck.
ps - link for bc rail article pasted as it did.
can't seem to shrink it.
Comment by
Yellowknifer69 on Dec 21, 2024 8:03pm
Jesus, Mary, and Josephine! WT67, you are not arguing terms on the same paradigm? The anthracite argument you put forth does not hold much merit. You remind me of a poster named Dirt Devil. Same drivel new name? Welcome back Sandy - we missed you. Yellowknifer