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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Absolutely fantastic post.
I have little doubt that MetaLeach was gift-wrapped to the “new” owners. Well, life’s like that. Nothing I can do about that, as a shareholder, so I’m conveniently ignoring it. Not completely, though, because it cleaned up the shell and exited the surplus bod.
Time to move on.
What we will soon have is a turnkey solution to energy efficiency as a service (eeaas). Businesses / organisations want to save money and the planet, overnight (almost) and with zero capital outlay. Well, now they can, and all they have to do is read through a single A4 page of contract, written in plain English, and sign on the dotted line. Nothing more.
eLight surveys the existing light fittings, designs a layout of new l.e.d. fittings and lights, then subcontracts the installation of them. Five days after project completion, their finance company pays eLight for the project and eLight pays the subcontractor. Next!!
The customer has new fittings, maintained by eLight, PLUS an 80% reduction in their monthly electric lighting bill. Half of that 80% saving is paid to the finance company.
An average secondary school refit will net them £40-50k, paid in full, five days after the refit. How many dingy NHS hospitals would welcome brand new lighting, free of maintenance, with a 40% reduction in lighting bills?
Forget MetaLeach. This is the start of something very big, imho.
I DOUBT Nigel Burton would get involved on something that does not look either than clear ,and proper .…..He would not embark on scams , or fleeces ...
I think the only mugging here is by the directors. Metaleach so bad for us shareholders that the BoD feel it necessary in our interests to get rid of it all. It's just not worth it. Yet knobhead 1 and knobhead 2 still think it's worth their time and energy. In other words they are siphoning it off for themselves.
The Company has entered into a Disposal Agreement with Qora Capital Limited ("Qora") whereby Qora will pay, upon receipt of approval from Shareholders, the sum of £150,000 subject to certain conditions as consideration for the entire issued share capital of MetaLeach.
While Qora is not deemed to be a Related Party under AIM Rule 13, two of the Existing Directors, Alan Clegg and Martin Rosser, have been assisting Qora with its assessment of MetaLeach's technology and may have a role in its further development under new ownership. Neither Mr Clegg nor Mr Rosser are shareholders or directors of Qora, but Mr Clegg is a strategic adviser to Qora. In order to avoid any semblance of a conflict, an independent auction process for the disposal of MetaLeach was established by and under the absolute control of the Independent Directors, both of whom are independent of Qora. A number of expressions of interest were received and two offers received, with the offer from Qora deemed by the Independent Directors to be the most advantageous for Shareholders.
Mugging game here ..mms playing the usual nasty side ..
Just in case people don't know, the new shares are expected to be added to the market on 9th January. Along with the name change, new business and new board of directors.
nipknot, good times are coming.
Everything is looking good. New business market cap 9.8m, will be lots of new contracts coming in. Name change soon. Lots to look forward to. Happy Christmas everyone!
Lost interest as I have no idea what's going on lol. Not complaining, but I suppose it'll come to nothing. It hasn't so far sadly.
thinking? missing*
Today's? today*
Even your chat lags because you are greedy and pumped the site for of advertisements and various other manipulative links and nonsense oh and your DDoS filter sucks it's rubbish garbage.
Have a word with yourselves, invest in the infrastructure not just the fancy looking rubbish and spamming ads and as paying customers we should be entitled to switch off the advertisement.
Sick of you LSE truly am, your just cheap and boy can't you tell that!!!!!!!!!
SMB
I have no idea what we rose or what the price did earlier all I know that when LSE finally decided to work after thinking several opportunities today's (thanks LSE well worth the money, not. Complaints section not that you will care?) the SP was around here which is pretty much the same as it's forever been for as long as I have been invested anyway.
Only difference today is a higher offer and a wide spread but make of that what you will, when do you ever know the market do you a favour and deter you from buying? They don't hence the premium they know what is coming.
Funny mms .0.04 to buy 0.02 to sell …...
Meant no news after the rise...obviously it rose some 150% (pi’s paying near 8p) on news but then nothing to make this drop this far!
To call it a 'no news day' is a bit disingenuous.
What are this prices ,if the quote to sell is 0.02??/
I guess if people are stupid enough to pay it then market makers will take it lol.
Don’t think ever ever seen this before...150% to 0% on no news..daylight robbery by MMs?
If they do end up paying 7.5p, a lot of people will have made a lot of money.
Looks like they have realised what the consolidation does for the share price now.
Or perhaps they are buying enough to force the approval at the agm. Which is why they want trading to recommence ?
just watching, not in btw, genuinely interested in the RTO target.
Perhaps they haven't realised the consolidation yet. Wonder if someone will pay up to 7.5p lol
You'd think, given the rto into a minnow that the entire bid would be sacked at the earliest opportunity. Otherwise its duplicated management right?
Can’t get any quotes, up 63% on a single trade?
Reading note 7 seems to confirm, so the 7.5p placing price is 0.025p in current money. I guess whoever just paid 0.05p thinking it was cheap realises it's the equivalent of 15p post consolidation or twice the placing price.
what a joke miner to energy saving company!
These crooked AIM firms should be closed down period. The FCA should step in to regulate and close down firms like this that repeatedly fleece shareholders