Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Please just shut up Silver.. A hooverup and some Onlyfans would give you so much more enjoyment
Silver horse- your 10:10 post doesn’t make sense. Why wait for the GGP price to just ‘double’ for a share that you’re sure will quadruple? If you’re that sure about it, sell now and get in early on your wonder share.
Childlike comments .....continuously! Sigh.....
Hi-Ho Silver, another cowboy who can’t wait to ride off to the hills.
Why the hell would we want to accept 25p ffs.
Another share that will quadruple, are you certain of that ?
Silverhorse.
Give it a rest . 25p what a load of trollop
Buyout is coming thank god - i got plans from the funds from this another stock that will quadruple - Vote buyout 25p +
Morning Mush, when you finally get that place in Portugal you and Mrs Mush always wanted, I’d be available to improve that hcp of yours no problem.
ATB
Damn SaS! More analogies in your post than my golf handicap! You could let the wads of notes flap around in the breeze like Tony Jacklin's gloves.
Blantyreboy, unfortunately no buggies aloud for tournament golf mate.
But yes, might need a dumpster to drop off my load at the bank LOL
SaS- you'll need a golf buggy with a trailer, hopefully.
GLA
SAS - "Many millions in my arse pocket" hahaha! That made me laugh - Hopefully not too far away and GLA.
Freddie, Too damn right I’m one of the greedy folk you mention, otherwise I’d of been off into the sunset at 37p.
TBF I’d originally set a price of 34p to call it a day, but after continuing seeing fantastic results, which still continue I may add, decided to stay put, where in time this will see not only my kids futures secured but also my grandkids.
Anyone can say in hindsight that they should of done things differently, like cashing out at the top and then buy back lower. But I’m telling you this, the one’s who say that they did were either very lucky or they were liars, just trying to look very smart to people they don’t even know.
Now I don’t know your personal circumstances but to give you a little insight to mine, what I will tell you is that I am very comfortable, retired early, travel all over the country playing in top level golfing events and have a passive income obtained from my property portfolio.
I don’t need the money just yet, so will let this company do what it knows best, which is in approximately 18 - 24 months start producing gold & copper in such significant sums that it will make hearts bleed to those who sold out.
I’m 100% convinced that I will walk away from this journey with GGP, with many millions in my arse pocket, so yes you are correct, I’m definitely in that category of being a greedy b****** as are many more astute investors here.
You’ve got to be in it, to win it as the saying goes and that’s why I post what I do, positivity, calling out Fudsters and trying my best to convince people like yourself who maybe underwater with your investment, to not chuck in the towel just because we are under a bit of pressure.
Do as Muhammad Ali did, let the suckers punch themselves out, play the dope on the rope for a while, who cares. This share is a super heavyweight, and will come back throwing more punches than Ali did against Foreman, and we all know how that ended.
Ding Ding next round.
Spade what a joke you are lol i think maybe you are one of those greedy folk i was mentioning 38p not good enough for you ? Look where you are now
"Following Ben’s teachings, Charlie and I let our marketable equities tell us by their operating results – not by their daily, or even yearly, price quotations – whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it. As Ben said: “In the short run, the market is a voting machine but in the long run it is a weighing machine.” The speed at which a business’s success is recognized, furthermore, is not that important as long as the company’s intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price."
https://fs.blog/mr-market/#:~:text=Following%20Ben's%20teachings%2C%20Charlie%20and,but%20eventually%20will%20confirm%20it.
Mumbo Jumbo you say -
Gym boy - assuming what you say is true then you have staggeringly naive investment strategy.
I am sat here with 2 million shares bought for virtually nothing in 2015 and you say I am naive. I bet you wish you had followed my naive investment strategy. If's, but's and should have's aside I am more than £220,000 up on GGP. Can you please explain how you see me as naive.
I will continue to be naive, sit on my hands and let this play out just as many others continue to do so.
Gymboy
Freddie you do make me laugh.
You stated earlier
“ Dip are you trying to say i am greedy lol i will go as soon as i get my original investment back , thats not greedy. “
I wouldn’t say you were greedy, I’d say more like, kacking yer pants.
p.s Mumbo - If it's as good as I think it will be, perhaps NCM can offer you a role as a consultant.
TheGreenFool is doing well since I got my University homie and BFF Sandy Balls to take him on......although I have heard he was last seen 2 years ago in the Paterson having been sent out by his manager to look for a 'long weight.......or er......was it a long wait'........
I'm sure he'll turn up safe and sound in good time , just like your breakdown.
@Mumbo - as you're such an expert on valuations and the valmin code, I'm sure you have a detailed breakdown of how you arrived at your numbers along with the professional experience you have in the industry that gives credence to your work?
Something tells me.........we might have a long wait ahead :-))
Luxp. Shouldn’t have been tuff today no wind! Played Hollinwell today, what a track. Enjoy
Is anyone aware of either Berenberg or Canaccord Genuity having revisted their estimate for the 5% valuation?
I see they have been restating their target SP so one assumes looking again at that valuation, but no apparent mention of 5% valuation...
I find this a bit surprising if some of the (low) figures being touted are realistic?
For reference Berenberg at US$228m and Canaccord at US$280m.
5% will either be based on:-
a/JV Terms -therefore below FMV
b/Hybrid of JV terms - therefore below market value
c/Reasonably agreed terms - therefore near to FMV
a/b will be a buying opportunity
c will see a good rise.
Only c will reflect Havierons current value. GGP is also more than just Havieron.
Maybe just mumbo jumbo though.
Mumbo_Jumbo
The price that will be required to secure an additional 5% of Havieron looks likely to be determined by an independent arbitrator using the Valmin Code.
NCM of course can decide whether or not they pay that price if that is the eventual route the negotiations take ( likely given the vast difference between NCM’s starter mine PFS resource figure and GGP’s MRE v2 figure plus the POG each uses.
Importantly the price for the +5% should not be confused with the valuation of GGP - there are a number of broker notes which set out in detail hake those analysts arrive at their mid 20s pence per share valuation.
IMO that figure will move up as POG rises which looks most likely scenario given the macro picture and given the drill result picture the asset at Havieron grows (Sandeep was explicit in stating this as his view on the Bank of America call earlier this week).
Hydro and Costa,
I commented on his strategy which has seen him take a huge hair cut in his profits in the last year, which he needn't have done. "If you don't need money for few years" and parking it for years may or may not yield a positive outcome, indeed it more often will have cost you opportunities elsewhere. He will not get to the highs of 38p ever or until production or an offer comes in few years down the line, say 2024. Then all he would have done is basically catch up with the profit he had given up on 3 or 4 years earlier and not grown that. Had he sold in the 30s in 2020/20221, he could have reinvested that elsewhere or even here now and be far more richer when 2024 comes round, providing everything goes well.
Getting married to an AIM stock is sure way to kill your capital over the long term, there is a max mcap a non cash generating stock will reach and that's where you have to play it with your investment strategy.
GGP is headed to sub 10 on the valuation of 5% that NCM will attach to it. It was obvious 6 months ago that it will be the case and so it's proving to be so far. Infact I had over estimated what NCM will pay back then but now I believe it will not be paying more than $50-60 million....
Dip666 - Most likely stress looking at share price going down -Lo0k at UFO now 0.61 very silly if all faied its worth 2p+
Am always right in the end - Forget about the 5% sell the lots 30% 30p on that news ?