FPX Nickel Corp (FPX)

[Axolotl]

I'm quite a fan of Turenne. I like his finance background; it seems to be keeping the company's expenditures in order. The chairman has the requisite in-field experience starting and running mines so it all seems to be in order.

The devaluation of the dollar is unlikely to reverse. It's within the United States' best interests to devalue the currency, hence all of the printing. They've gotten themselves into a pickle by being the world reserve currency. A strong dollar makes it difficult, if not impossible, for debts to be paid in USD. Rock bottom interest rates and a weaker USD are here to stay for the foreseeable future.

As they touched on in the interview, FPX is a very good hedge for nickle prices. There's a structural deficit in the market that's growing and very few nickel projects have been taken to next stages in a decade+. Very ground floor stages to place bets on a nickle play.

FPX's decar project has potentials to be a 25+ year operation (I've heard rumours about it being 100 years, but I'll take that with a grain of salt). This can easily supply not only the stainless steel market (which they can slot right into, their mineral is a naturally occurring stainless steel), but also the EV battery market.

I don't think they've even tapped into the majority of this project's potential. The scope of the deposit is just too large. They could probably be doing exploration in the area for the next four generations.

No warrants outstanding, less than 200 million shares. No reverse splits on record in over 26 years of company operation. 42% insider ownership. They own 100% of the decar project. FPX is ready to rock this nickle bull market.

That's without mentioning the carbon sequestration potential of the project. The company claims it can run a carbon neutral operation.