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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You assume way too much for a lucky guesser, guess again!
very very sad
There’re many risks when investing A1, but this co going private imv is not one of them. Like I said before funding could be needed on the outcome of the licensing round if the Clnr and it’s partner get the block they’ve gone for. As the majority of the previous funds raised are for clnr to pay their share of the other JV’s. Yet that outcome is not know yet and won’t be for a while I can’t see any reason to raise now. One more thing if the company has the markets interest surely holders won’t be selling, especially if they are trapped bulls. So we’ll see.
I think you’re barking up the wrong tree this tine A1. You’re reading from the investment policy which has been the same with the same wording since the company was formed. I agree it was strange that Algy did one and set up straight away, apparently discussed over dinner and there you go, Cluff Africa was born. Also which institutional investors are you talking about?
I have made my point and stick by it. What don't you understand?
See a psychiatrist.
A1 you are pretty sad if you spend time going through other peoples posts from a long time ago. Embarassing!!
a1m1 you really have a problem. Do read the script and not invent. Where did I write " and take Cluff Private"?
Confrontational, yes, when words are invented.
Suggest you make an appointment with your GP as there appears to be difficulty with simple word recognition and interpretation. Make the appointment before it is too late.
a1m1 you are just regurgitating the same old clap trap without any factual evidence....pure speculation .
Why does Cluff worry you so much?
Invention is the Mother of Deceit.!!!
a1m1 you are like a parrot, keep repeating and little or no evidence to support your fanciful statements.
Where is the TP1 to evidence the " big seller" ?
Do you play Fantasy Stock-Market?
Get a proper Job and put your brain to better use!
No, I’m saying the sp dropped before June due to the fact the market knew a fundraise was on the cards. Since that fundraise the sp has dropped only 10% so I can’t see a big seller here or it would of dropped more. So your heading of ‘placing coming here’ in my view is incorrect as the company has sufficient funds to see it through barring any changes due to the licensing round outcome. You’re suspecting MS is selling out but the sp doesn’t provide any evidence of that.
We both knew funding was on the way last year A1, so forget the 5p that’s happened in the past. I’m talking about now and the price of the £15m fundraise at 1.75, if you state there’s a big seller I would of expected the sp to decline more than 10% in the last 7 months on the back of it. The current cash as stated with see them through for the work commitments current active. No one can say at this present time whether clnr will need more funds until either the results are know from the licence round and whether they do partner up on another licence with the major. Even if the JV’s currently active are a wash out from bad study results the funds that are earmarked for the drills will become available.
he wants a lower entry price. Simple
a1m1, those who read your posts will wonder why virtually every statement is negative, often twisted, even imagined. After the tirade last year where you clearly had a problem with Algy Cluff, you called him a "nasty man".
The statements, repeated in the September RNS, are absolutely clear, "fully funded until the end of 2021". Any forward-looking Company will keep it's options open and consider opportunities as and when they emerge, taking into account passed Funding statements. If as you continue to trumpet, that is not the case then you are accusing the BOD of deceiving the Market. If you don't have the guts to say so openly just keep quiet.
In so far as my previous statements ( not predictions) I'll not resile from those words. If you know anything about shareholder structure, should understand when a relatively small company increases it's equity creating a disproportionate balance in favour of a few Major shareholders the ingredients are in place for a Company being taken Private. This fact applies to any Company and my comment highlighted the potential NOT a certainty.
a1m1 you clearly don't like the Company and by extension, not invested, so why do you spend so much time on this board?
We all have to invest with caution A1 that’s a given. So when you say there’s a seller and suspect it’s MS(IPGL 16.8% 30/8/19) then surely that holding would of changed by now. Plus considering the main raise was at 1.75 back in June 19 the sp has not really dropped enough in the 7 months since (c.10%) to claim its MS/major who’s selling and no doubt just pi’s going on the timescales stated by the company. The only time I suspect any funds to be raised is if Clnr and the major that are working together on a new licence in the 32 round split the percentage and clnr need to raise to cover their costs of a new area above and beyond the JV’s already established. Which is the stated case within the investment policy of growing the asset base.
So basically you’re quoting the ‘investment policy’ which has always said the same!!
They won't place at this level unless a very good reason. A placement would be on the back of great news
Just trying to find out what A1 has seen I hadn’t as I’ve been buying for a while FD that’s all. Personally I can’t see them raising funds anytime soon. They could possibly later in the year dependant on the outcome of the licence round or a change of strategy due to Shell not liking the results of the studies. Clnr have actually stated that certain points within the RNS are forward looking and could change which is standard practice, they don’t have a working crystal ball just like the rest of us.
Amtech the "deadly duo" back in harness!!!
Funding could mean a variety of methods, which in this case is dependant on, as yet unknown opportunities coming forward.
The statement regarding " Fully funded until end 2021" is crystal clear unless an "Insider" knows otherwise!!
If opportunities do come forward, no doubt, the Chairman and CEO will keep their previous statements in mind, when and if Funding is needed!
Ant talk of an imminent Placing, as suggested, is hypothetical at best and scaremongering at worst.
“The Directors consider that as investments are made, and new investment opportunities arise, further funding of the Company will be required. “
A1 come back when the placing happens hey? Joker!
BadA he is mischief making. The September RNS states several times " Fully Funded until the end of 2021" Both the Chairman and CEO repeat the same statement.
a1m1 to retain credibility post the exact words you rely on to confirm your belief a Placing is coming??
It says they are fully funded to the end of 2021 or am i missing something ?
well its on the link you sent. Are you a bit thick as well as a liar ?
did you mention this bit in the RNS ?
Based on this progress, the Company conducted a very successful equity fundraise of £15 million in June this year which, based on current plans, fully funds the Company until the end of 2021 including its participation in two proposed wells to be operated by Shell.
I sincerely hope the company hasn’t miss lead the market If they have the shares will never recover imo
as trust which is already strained will be completely lost
All imo