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Podcast: Mining Stock Education
Episode: FPX Nickelβs PFS Shows After-tax NPV8% of US$2.01B & IRR of 18.6% at a Conservative $8.75/lb Nickel
Description: FPX Nickel (TSX-V: FPX, OTCQB: FPOCF) just released its preliminary feasibility study results for its 100%-owned Baptiste Nickel Project in central British Columbia, with an after-tax NPV8% of US$2.01 Billion and IRR of 18.6% at $8.75 /lb Ni. The PFS demonstrates the potential to develop a high-margin, long-life, large-scale, and low-carbon mine with unparalleled flexibility to produce either a high-grade concentrate (60% nickel) for direct feed into the stainless steel industry or further refining into battery-grade nickel sulphate, cobalt precipitate, and copper concentrate products for the battery material supply chain.
CEO Martin Turenne stated: βThe PFS firmly establishes Baptiste as a key strategic as...