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Bullboard - Stock Discussion Forum FOCUS VENTURES LTD. V.FCV

"Focus Ventures Ltd is a Canadian-listed exploration company. It is engaged in the acquisition and exploration of mineral properties located primarily in Peru. The company focuses on developing the Bayovar12 sedimentary phosphate project in northern Peru. Focus Ventures operates through two geographic segments namely Canada and Peru."

TSXV:FCV - Post Discussion

FOCUS VENTURES LTD. > End of Month - April 2015
View:
Post by R_J_ on May 01, 2015 3:52am

End of Month - April 2015

End of the Month (EOM) report for April 2015.
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Today, April 30, was the cutoff for the three-million dollar private placement.
After the ‘degradation’ of filling out 74 pages of ‘qualifying’ documents, and the banks ripping us off for $70 in wire transfer fees, we are 98% sure that we are in.
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So this should be an exciting year as FCV uses this money to drill about 50 holes to scope out the extent of this deposit. As the results come in, and our feasability report starts taking shape, this stock may start becoming very un-sleepy.
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So let me benchmark this ‘new beginning’ day.
4/30/2015 V.FCV closed at $O.215.
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It’s MA(200) is $O.224
V.FCV is 4.0% below its 200-day moving average [MA(200)].
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News Releases for April
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Apr 16, 2015    
Focus Completes Sale of Royalty on Bayovar 12 Phosphate Project
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Apr 14, 2015    
Focus Initiates Phase 2 Drilling at its Bayovar 12 Phosphate Project, Peru
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Apr 09, 2015    
Focus Proposes CAD$3.0 Million Private Placement
[ This is where we {the corporation I am president of} came in. ]
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RJ
Comment by wayned on May 08, 2015 7:06pm
It looks like Simon Ridgway is trying to lock up the whole company a few thousand shares at a time . I bought a few more today myself though I already own a ton .
Comment by wayned on May 11, 2015 12:14pm
   So how do we find out what a ton of RPR sells for so we can find out what this deposit is worth so far .   
Comment by zerbo on May 11, 2015 7:53pm
I found this page, hope it helps... https://www.ravensdown.co.nz/nz/Documents/fertiliser-prices.pdf
Comment by kimber on May 13, 2015 6:10am
Is that NZ dollars?  Is that per ton?
Comment by zerbo on May 13, 2015 11:57am
yes, that´s NZ dollars and per ton. the math is on you....
Comment by wayned on May 13, 2015 7:04pm
I only found it in Austrailian $ which is close enough to Canadian . It is between $270 and $340 a ton from what I see for RPR . Of course the mining and processing and shipping would take a big part of that . We had 114 million dry tons after the first drilling . We own 70% . I did some back of the napkin calculations and the numbers are vast . They can`t be right so I won`t put them down for ...more  
Comment by zerbo on May 13, 2015 7:19pm
Remember, Focus said that mining would be very easy and low cost, also they are almost walking distance from next port, which is already used by Vale and Mitsui exporting there RPR, mined next door to us. So, hit us with your numbers!
Comment by wayned on May 13, 2015 9:12pm
The dock , upgrader and loader at the port 30 km`s away came to us with the original deal from the vendor . There were pictures of it on the old web site . I don`t know if you can find them now.   My guesstimate is in the many billions of $ but I have very flimsy information . We need more facts which shouldn`t be much longer in coming . Where is Brent Cook . He`s missing the boat .
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