FMS 0.43% $1.17 flinders mines limited

Todd & Bankrupt Miners - Wolf Minerals

  1. 19 Posts.
    lightbulb Created with Sketch. 13

    In seeking to understand Todd’s game plan for FMS & BBIG, I consider Todd’s mining track record and other mining interests - https://toddcorporation.com/our-businesses-and-investments/todd-minerals/.


    That is:

    *Northcliff Resources: with a 36% interest and 11.5% interest in the Canadian Sisson tungsten and molybdenum joint venture

    *Wolf Minerals: 24% interest - UK tungsten miner


    Given Wolf Minerals has now gone into administration recently, has this been orchestrated by Todd to take over the tungsten mine from RCL on the cheap or is this an unlucky Todd, now desperate for profits?


    https://ca.*.com/companies/news/206795/silver-bullet-for-wolf-as-tungsten-prices-and-debt-burden-combine-to-bring-in-administrators-206795.html

    Perhaps we should ask Todd’s Vice President of Minerals, Michael Wolley, who is on our board and the now Wolf Minerals in liquiation?  

    A BBIG and FMS mining future is largely tied to capital raising to bankroll mine and logistics infrastructure.  Will Wolley convince the banks and Chinese offtake partners with this track record?

    DYOR  

 
watchlist Created with Sketch. Add FMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.