First Liberty Power (fka FLPC)

[ddm1082]

There is at least 500 m/ts ready to be shipped to our China buyer which they have stated in PRs and their financials is anticipated before the end of January.

Blasting and extraction have increased to start 2014.

We are waiting on permits to build a $1.5 million mill near the mine to increase efficiency and ore concentration. The mill will also have capacity to process other kinds of ore from other companies. The mill is expected to be operational late Spring early Summer (I am thinking June-July) They gave this timeline in the financials and via private email to me.

There is a video from July by board member Bob stating anticipated revenue for year 1 of an operation mill was $18m with $4 m profit. For year 2 $27m, and $7m profit. These are just rough projections. The news of the first shipment of ore will give us numbers we can get a more accurate projection.

The company also has claims of property for Lithium and Uranium.

There is a ton of info in the most recent 10Q, although note that it is for the time period right before mine blasting began. Basically it has all the costs for setting up the mine and none of the benefits...yet.

We are expecting our first recognized revenue for the company within the next 3 weeks.

Our market cap right now is floating around $15 million.

Also checkout FLPCs facebook page for lots of good info and great pictures. Management has their act together here in terms of executing business plan, communication, and transparency.

Welcome aboard.