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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. > caesars report blow your mind
View:
Post by wiz099 on May 20, 2016 9:25pm

caesars report blow your mind

https://www.caesarsreport.com/blog/the-updated-bayovar-12-pfs-will-blow-your-mind/
Comment by wayned on May 21, 2016 7:38pm
 It sure blows my mind . Even with 100% share dilution from here they still give Focus a per share value of $1.50 C . If we had not got taken in by that fly by night Brazilian engineering outfit we would have been building a mine by now . Surley there is some recourse to be reimbursed .
Comment by R_J_ on May 22, 2016 6:22am
Is this crazy? I thought that this stock was a sleeper. - If this were to go to $1.50, it would make me a millionaire. I lost a million dollars in the 2008 crash. Am I getting a second chance? - Where can I get a Lamborghini catalogue? [ Just joking, or dreaming, I have better plans for my success. ] - This is a bitter sweet story. I was of Holland America’s ship, the MS Oosterdam, in the stern ...more  
Comment by DosCervezas on May 23, 2016 9:57am
Well yeah. The after-tax NPV 7.5% is US$458M. That's exactly C$600M. focus owns 70% of the project, which is an attributable NPV of C$420M. So even with 400M shares outstanding, the NPV/share would still be C$1! Doesn't mean we will get there overnight, but it sure does show the sub-10ct price is ridiculous
Comment by kimber on May 23, 2016 12:09pm
share count  increase will be a direct result of required capital and avaiablke project financing . Assume 60/40 split between project financing and equity required. If the Project capex is approx. 170MM then FCV will need to raise 40% in equity , at least, Thats 68MM.  If they had to raise 68MM at 10 cents that would be 680MM shares!  Think about it.   They need to raise the ...more  
Comment by twogood on May 23, 2016 7:50pm
Simon is the Chairman of Fortuna Silver Mines Inc., CEO of Focus Ventures Ltd., President and CEO of Radius Gold Inc. He can get some financing through Fortuna, which has a lot of Cash in the Bank. And work something out with Sprott.
Comment by kimber on May 24, 2016 1:40am
Profect Financing not the issue. The PRICE of the equity financing is the issue. At least it's the issue for current shareholders.
Comment by wayned on May 24, 2016 4:58pm
  Mario Zsotlander is a very successful and very wealthy man . He owns a very large part of this company bought with his own money . He continues to buy shares . I don`t know what he knows but I know he`s not in the habit of losing money . That`s all I have to go on . But it seems like a good bet . As high  as my original purchases were the management of this company paid a lot higher ...more  
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