Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
we are still, after merger, drilling Perservance and the production of oil will benefit the company Wait until January and you will see this 15p +. Perservance, Saffron, Saffron 2, Goudron, Trinity Inniss, Uruguay just for starters . Also, increasing oil price
Predator wants to be in on the merger as they know how good this will be for both companies. Be in it to win it (Remember that Bully1985, IreneKrapp and all the others who do not own shares yet)
Remember BPC will be debt free on merger. Fanatastic start to the venture plus we are producing oil also and WTU is increasing now above $41pb
'En-garde'.......... in4.... :)
I had to google that mind......... :()
All the best (dumb sparky :(
Chesh - rapier like today !
Was that dilution to pay off the CLN's that MMM has just alluded to in4...........?
2p to c.4p not a bad result TBF......... :)
All the best (if you bought at tuppence :()
Starchild - re PRD director shareholdings they were over 50% at the IPO but have reduced as cash has been raised for projects increasing shares in issue - now around 25% but stlii a good wedge - apologies for quoting the old figure earlier!
ahhh......!
you do remember............ 2p wasn't it...... :)
All the best (have yourself another placing to pay $4.2m :)
Prd payed off the CLN
Gentle reminder :)
My point exactly - thanks for highlighting it .
That’s what you will have at BPC or here (If you don’t take the deal by Prd)
Your stuffed either way
A gentle reminder MrMarketMaker
https://www.lse.co.uk/rns/PRD/redemption-of-remaining-arato-loan-notes-and-placing-4gphck2rjj967rx.html
I remember you pulling your hair out and having a right paddy, foot stomping, teddies outta pram, flip flop moment over these........ :()
All the best (remember............! :)
Yes
No
Abstain
Chairman vote on your behalf
So phone your brokers and choose chairman to vote on your behalf.
Halifax telephone number is +44 (0)1132701154
Barclay's telephone number is 0800 279 3667
It’s a wildcat end of and show me any company that’s had a CLN and the share price not fall of a cliff . They destroy the share price as constant selling and shorting .
I remember Williec saying he chose CERP over PRD . How wrong was you ?????
Good luck though
ATB
I did not say that I have say they derisk they position by having more than one target.
DERAMPERS on the rampage this morning - shows good news is not the horizon
I could reply, but i cant be bothered to extend a pointless debate. We will all see the impact upon announcement of chosen funding.
How much would the Inniss-Trinity field be worth to CERP if fully developed, part of the development plan by BPC - as in their FAQ section - Will Columbus merger divert cash from drilling in Bahamas?
https://www.bpcplc.com/investors/proposed-merger/proposed-merger-faqs/
"Operationally, Columbus’ producing assets in Trinidad are generating revenue which BPC believe can be further enhanced by applying technical expertise and experience in order to achieve production growth. That revenue will also increase to the extent oil prices rise. Outwith production, the timing and pace of any exploration, appraisal and development activities across the Columbus portfolio are largely discretionary – meaning that BPC can decide when, how and to what extent it deploys capital.
Finally, BPC believes that the combination with Columbus will significantly improve the combined entity’s access to capital."
So assets can be expedited for maximum return using new funds that are not required for Bahamas drill.
If production can be fast tracked then revenue is just re injected to provide more production.
As far as im aware, no shareholders have not been told yet how much cash would be spent on CERP assets - but it could be a lot more than $1.75m looking at BPC previous access to funds being at $36m and cost of drill at $25m. Its in BPC interest to do so.
Perservance to be drilled in next few months. I can not see the sp taking a beating people have been waiting for years for this one to spud and be drilled.
Willec, they have lined up two facilities for a combined c.£30m of CLN funding. Ignore this point if you wish but you will see the effect of that on the SP when it comes.
Financial position might be strong but the SP will take an absolute beating.
Hey MrMarketMaker...........!
it's thought that the majority of the votes have already been cast, specifically by the holders within nominee accounts...........! IMO. :)
Pretty much redundant for you to try to to sell this speculative offer now.............!
All the best (come back with $4m or so after the merger happens or not :)
Willec, SP a lot higher at spud than now is a big assumption. BPC are openly talking about equity dilution. If we avoid the merger there will be opportunity to buy in at rock bottom after a discounted placing or worse when the CLN's take hold of the SP.
He would seem optimistic because it was the only offer on the table - you have a choice now
ATB
Depressing thought. If a NO vote does prevail and an offer from PRD found acceptable it would only more or less replace the cash CERP have spent on the preparation and legalities etc of this 'merger'
This drill has been years in the planning and LK seems optimistic. Also, since this time BPC has also derisked, So it is not a WILDCAT drill.