TSXV:FMTMetals and Mining
Is Coffee Road Contract And PEA Valuation Altering The Investment Case For Fuerte Metals (TSXV:FMT)?
Fuerte Metals has awarded Yukon-based Cobalt Construction the contract to build the 214 km Northern Access Route linking its Coffee Gold Project to Dawson and the Yukon highway network, a key step in moving the mine toward potential construction after permitting and feasibility work.
This early infrastructure commitment, alongside a very large after-tax NPV(5%) of US$2.30 billion from the Coffee project’s recent PEA and planned infill drilling, is seen as materially reducing project...