Freeport Resources
Primary ticker: TSXV:FRI, OTCQB: FEERF
Stage of development: Exploration, Development
Primary minerals: Copper
Project to promote: Yandera
Project location: Papua New Guinea
Website: www.freeportresources.com
Corporate presentation: Click here
The Yandera Copper Project is 95-km southwest of the capital city of Madang Province and 235-km to the northwest of Lae which is the largest port city in PNG and an important industrial center. As one of the largest undeveloped copper resources* in the world, the Yandera Project has the potential to support communities and create jobs along the Yandera Corridor. The Company anticipates the potential economic influence of the Yandera Copper Project could span 5 provinces and create wealth for generations including, but not limited to, strategic road and highway building, power generation and related infrastructure.
Cash: CAD 4,000,000
Debt: NIL
Major shareholders:
Michael Beck -9.9%
Mark Schipperheijn -9.9%
Steven Dattels -9.9%
Management Ownership – 40 %
Financials
Management Profile
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What is your rationale for taking part in 121 Mining Investment?
To increase investor awareness and find additional strategic partners
What recent news would you like to highlight to investors attending?
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What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Increase investor awareness and complete project optimization study
6 Months:
Continue to increase investor awareness and define strategic partners
12 Months:
Complete a strategic partnership or sale within in the next 12-18 months
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The price of copper is the key risk in near future
What do you think makes your company such a compelling investment?
The company share price is extremely undervalued as compared to its peers and represents a very cheap, undated call option on the price of copper
What are the top 3 key investor takeaways?
One of the world’s largest, undeveloped copper projects
Wildly undervalued relative to its peers
Cheap, undated call option on copper price