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First Liberty Power Corp
First Liberty Power Corp (FLPC) is a development stage company involved in the acquisition, exploration, and development of mineral properties in the United States. The company primarily focuses on the exploration and development of geothermal resources. As of now, the company does not have any producing assets and has not generated any revenues.
Regarding financials, since the company is in the development stage, it has incurred losses since its inception. For the year ended December 31, 2020, the company reported a net loss of approximately $1.2 million, compared to a net loss of $1.1 million for the same period in 2019. The company had a working capital deficit of $3.6 million as of December 31, 2020.
FLPC's growth prospects depend on the successful development and commercialization of its mineral properties. The company's success will depend on various factors, including its ability to secure adequate financing, acquire or develop mineral properties, and achieve commercial production.
Investors should be aware that investing in development-stage companies like First Liberty Power Corp involves significant risks, and there is no guarantee of success. It is essential to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.