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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The WCP are not going to be able to shift scores/100's of millions of shares when the share price is in the 20p's so they'll have to wait mostly for a T/O to cash in - the pressure to sell will be on.
Pretty sure they won't want to be waiting around too long and would consider offers coming in when the share price is 20p+ with a very decent premium to boot.
Next year Rodder's.
Hardly a blip. Ready for next leg up, could be huge. But leaving that aside, quite exciting with all the different strands. Concert Party must be quite busy.
Forget the middle sentence, obviously.
500m !
Yes, was expecting 500k rather than 1m.
Yes, was expecting 500m rather than 1m.
Have to say these sales have been absorbed with relative ease.
We've seen 2m + 1,996923 so want to see the balancing figure of 500k ... to hit the consultants 4.4m share pment
4,476,923 new ordinary shares of 1 pence each in the Company at 3.25 pence per share ("New Shares")
That's a trade for 1,000,000.00
The 500k could easily have passed through the day before the 2m and the 1.9m.
I'd imagine that's someone cashing up for the long weekend.
Yep, surely that's the end of the overhang.
Onwards and upwards, should be very little holding this back now ...
I make that the lot?
Info out about the barge too now, just non stop isnt it, has to be a comprehensive update soon?
''21 Dec 2023 - Deep Well 803, the final deep well under the current work programme, has been spudded with drilling now past 200 meters without incident. probably spud at the beginning of December.''
''25 March 2024 - Drilling has reached a depth of 1,250 meters without incident.''
Drilling has taken them 3 months to drill 1,250m - that's an average of approx. 14m per day, the well was supposed to take 4 months to drill. They could be at around 2,000m when we get the next Op's RNS if they speed up, so it's looking like another 4-5 months TD.
They've officially been in talks with a Specialist to pull the stuck pipe out of the 802 Deep Well since 25 March, how long does it take to sign a deal, news could be out anytime with the 141 Shallow Wells 17m stuck pipe to boot.
It will be interesting to see what the deal is re $ pboo and for how many barrels etc.?
2H as said many times should be Company making........
''21 Dec - A G70 rig recently acquired from Sinopec is being tested with the resumption of drilling at Deep Well A7. ''
''16 Feb - At Deep Well A7 we plan to use the G70 rig we are in the process of acquiring to resume drilling from a depth of approximately 2,150 meters where drilling was paused to allow other wells to be drilled.''
G70 rig 21 Dec 2023 - recently acquired / 16 Feb 2024 - we are in the process of acquiring.
Like I said it looks like they haven't fully paid for it yet, hence the A7 Deep Well delay, and the seller has probably put a block on using it until they get their dosh?
''drilling was paused to allow other wells to be drilled.''
Yeah right, chuckle.
Bottled,
My apologies, you are correct. 08/05 to 06/06.
two weeks max till news?
Morning CC
I thought the flare testing license is valid from 08/05- 06/06 (D-Day). Not the 08/06
A5 won't be tested until 08/06, early news say a week after that? so we are looking at 2 weeks minimum ? Until deep news.
806 could be at any time.
155 pipeline contract in play so that again won't be too long
Plus all the other bits and pieces.
Time to sit patiently and wait, once news lands this will be nt and then the price will leg up immediately.
I suppose when you look at it like that, bird in the hand etc. To take your fee this way is a strong indication that confidence is high its a safe bet and might give some early upside. Would be interesting to know what they were advising on and the outcome of the analysis and advice.
Mr Adviser has probably got wages to pay and bills due just like the rest of us, it would be a very nice luxury for him/her/them to hold onto them
Mm' ms may be off side as that was pumped with online info they were selling .
They know there's a bank holiday long weekend.
Ppl are generally nervous and forget research & newsflow and only focus on price.
They offered to buy more stock at a lower price this afternoon, so either filling an order or have sold more than they physically hold and need to recoup them before newsflow.
A5 flare licence for the flow test is dated 08/05 to 06/ 06.
If the dim and desperate sell I'll add if price dips.
A5, 155, 806 plus some other juicy morsels in the background.
Dim and desperate sell from here imo.
Cough. ..
Forward sold...
Looked over tdays trades, there's easily 500k off book trades in there.
Our consultants in the wind.
Correction to my earlier post, second trade was 1,976,923 shares, not 1,476,923 so it's only 500k left and they could well decide to hang onto those for the rise ...
500k left to show itself, I'd sell the lot if it was fee money..
"Could keep 400k shares for the rise or sell the lot and take £140k guaranteed and on to the next job."
I'm pretty much at max at the moment, hoping a couple of other stocks come through before this shoots up. It never quite works on the timing though....
He didnt ask for more, you offered to pay more.
Watch Carver & Co at work.
What did Adrianz post months ago at 2.4p?
Ppl will start to buy in now.
Cough ...
Cheeky whatname made a few quid on top....
Looks like we now have proof it was the advisor with that second trade with the odd number 1,476,923 with 4,476,923 awarded and 2 million already gone.
Just the one million left and then no overhang ...