$FPOCF answered my own question
They still have 30 million in the bank. They don’t need to finance any more. They could just start digging. Issue is still First Nations groups. But FPX is apparently in active talks and may be close to a deal.
Bigger picture the federal government is tabling legislation to fast track infrastructure. And BC just named a different mine as a priority so it should speed up the process.
Doesn’t seem like big money believes the liberals will follow through nor the NDP in BC. But if they do this mine would likely fall under the national security fast track category.
Bought more shares. I’m hopeful long term still.
$FPOCF did a bunch of DD on this like two years ago. All extremely promising. But the problem is the provincial and federal governments holding it back.
Is there anything new? Another liberal majority seems to be a death shot to mining. But I’m always open to some Hopium
$FPOCF FPX Nickel has entered into a non-binding memorandum of understanding with Japan Organization for Metals and Energy Security (JOGMEC), and a JV between Toyota and Panasonic.
The entities intend to collaborate on advancing FPX’s large Baptiste nickel project in B.C.
Watch video: https://www.researchfrc.com/toyota-panasonic-and-sumitomos-strategic-advances-in-the-ev-metals-space/
$FPOCF FPX Nickel joined forces with JOGMEC, Toyota, and Panasonic to advance the Baptiste nickel project in B.C.
This partnership secures a potential long-term nickel supply for EV batteries.
Read more here: https://www.researchfrc.com/toyota-panasonic-and-sumitomos-strategic-advances-in-the-ev-metals-space/
