FOCUS VENTURES LTD. V.FCV

Focus Ventures on Financial Post

[stocksguru1]

Focus on the Financial Post -

Global biofuel markets to double to $185 billion by 2021

[wayned]

   Thank you for that article . It`s been a long wait but the numbers are starting to look really good .Going by the most recent info the value of resource in place is many billions of dollars . Glad I`ve hung on and even averaged down .

[BCdude]

I can't see the resource being worth many billions, but I could see an NPV of between $500 million and $1 billion. That is still HUGE when compared to the company's current market cap, and if they can initiate the DAPR to generate cash flow in the near- to mid-term, that will help them to begin the phased start-up without massively diluting shareholders.

[wayned]

My math is off the cuff and my calculator won`t handle this big a number but , 188 million tons proven and probable times $175 per ton . That`s the Moroccan phosphate price = many billions of dollars . Even at $10 it would be well over a billion in the ground value .Even at 10% margin the cash flow would be enormous . Or am I doing something wrong ?

[BCdude]

There's a lot of things we don't know, but I think it's fair to say that Focus would want to reserve some portion of the deposit for DAPR (who knows how much) and then find a strategic partner/off-take agreement for the majority of the deposit. I suspect they'll be doing DAPR on a small to mid-sized scale, with the majority of the deposit fetching a lower price. One also has to

[BCdude]

In a buyout scenario, I'd be happy to see this get purchased for a share price between $1 and $2. If they move through to production themselves with a sizable DAPR project funding the slow and gradual buildout, I could conceivably see this going even higher. Eventually.

[wayned]

dude . Over the years Focus has avoided issuing new shares like the plauge , funding through selling projects they dressed up . They`ve made good wages by this although some equity issue was unavoidable . Over the last year or so a large part of the volume has been insider buying . Mario already had a very large position and he more than any of the others is business savy . That is why I think

[BCdude]

Simon Rideway and Mario Solander are longtime veterans in the resource sector, and to see them so excited about a project suggests they are on to something special. The fact that they've been buying so many shares over the last year means, as you suggest, they are putting their own money into this company in a sizeable way. The fact they've been able to survive for this long without

[bulava]

The numbers and story look fantastic for FCV -- but lets remember this FP story is a paid commercial piece produced by a media firm. No doubt the opportunity for a many-multi-bagger is here. Looking forward to the PFS, which was a great move on their part to upgrade from the original PEA plan. IMHO, they must know the report will be uber-positive, hence fast-tracking the PFS.