FPX Nickel Receives Large Investments from Major Industry Players
Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) provided a sponsor update. The company is currently sitting on C$32 million with a good likelihood of more coming. C$16 million came in via an investment by giant European stainless producer Outokumpu. An additional C$2 million arrived via FPX’s confidential investor, to maintain its %9.9 FPX share.
Martin also discussed the significance of FPX’s newly formed global generative exploration alliance with Japan Organization for Metals and Security (“JOGMEC”), which aims to build on the successes of the Baptiste Nickel Project by identifying new large-scale awaruite nickel deposits worldwide. In furtherance of this agreement, Keith Patterson joined as VP of Exploration. He’s a seasoned mining company executive with vast exploration experience.
Martin had previously scoured the planet looking for awaruite deposits similar to Baptiste. These deposits are found in many countries; Martin has already identified the most promising targets for future acquisition. Now that FPX has proven that awaruite deposits are economically feasible, these projects have enormous upside potential.
FPX’s future is looking bright. Retail investors are starting to catch on as witnessed by the recent share appreciation. Interest among OEM’s and other nickel consumers is building. The company is moving to release its preliminary feasibility statement in September and this could well spark an explosive phase in the company’s growth.
Company website: https://FPXNickel.com
-
16:57
Financial Survival Network
8 months agoFPX Nickel Becomes a Deep Value Play: USD 2 Billion NPV vs. $67 Market Cap
34 -
25:21
Small Caps
1 year agoFlying Nickel adds vanadium to battery metals portfolio
18 -
21:28
Small Caps
1 year agoNickelX targets Julimar-style nickel-copper-PGE mineralisation at Dalwallinu
3 -
29:32
Electrified
1 year agoExclusive Interview: Can Tesla Scale Faster w/ Nickel Industry CEO (Part 2) ⚡️
18 -
33:26
Commodity Culture
11 months agoThis is Why Nickel is Far More Important Than Most Investors Realize: Tom Meyer
36 -
0:58
The Last Capitalist in Chicago
1 year agoIndonesia Nickel Boom
18 -
13:30
Liberty and Finance
9 months agoTake Advantage of The Crazy Nickel Market | BRUNO SCARPELLI
1.19K2 -
22:54
Small Caps
1 year agoNimy Resources continues exploration success in new WA nickel sulphide district
5 -
29:04
Palisades Gold Radio
4 years agoMike Beck: Highly Successful Resource Investor Shares His Latest Big Bet in Nickel
4 -
23:30
Small Caps
1 year agoNickelX to drill Cosmos South project in world class nickel district
3