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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Not sure Sam, but many multiples from here
David Horgan will never use "meeting" if he can use "high level meeting". The man didn't kiss the Blarney Stone: he made love to it.
Riseandshine and Massiveray what sort of MCAP are you expecting once signed and after ratification? More than the years high of 1.80p? I’m in with as much as I can now with an average of about 0.44p so currently blue which is nice to be able to say and I personally think this is the bottom!
MassiveRay I can confirm from my correspondence with the company the meetings can only happen in person. I have suggested video call etc. The answer I got is has to be in person as government procedure.
My guess would be that the "high level meetings" put on hold due to covid were about what happens after ratification. It's easy to have an in-house meeting with people you know and have prior influence over/with but to conduct business with people who may be from a completely different culture whom you have never met before....well, suffice it to say, it might just be worth the waiting!
Just a couple of snippets from the last RNS in case anyone missed them.
During 2018 the Group resolved the outstanding issues with the Ghana National Petroleum Company (GNPC) regarding a contract for the development of the Tano 2A Block. The Group has signed a Petroleum Agreement in relation to the block and this agreement awaits ratification by the Ghanian government.
In the period since 31 December 2019, the emergence and spread of Covid-19 has not had a significant impact on the Group's operations. Although some high level discussions originally scheduled to take place in March in Ghana, Europe and Bolivia in relation to the Group's projects were postponed due to the Covid-19 pandemic, they are expected to be rescheduled over the coming months. The Group continues to progress its interests in Ghana and Bolivia and do not believe that its prospects will be negatively impacted by Covid-19.
I don't see how the closed boarder has anything to do with our contract thats currently at Parliament waiting to be signed. There's other ways to conduct meetings!
In a couple of weeks is fine - you can go via Istanbul for example Jun 16th to Accra
Ghana boarders remain closed until further notice. Only cargo flights arriving at the moment.
Following article shows that the President in Ghana is prepared to remove officials in oil industry if not transparent:
https://citinewsroom.com/2018/08/mines-and-energy-committee-welcomes-boakye-agyarkos-dismissal/
Also this body within Parliament, Mines and Energy Committee could be the ones that may review and approve any Petroleum Agreement, following consulting Ghanaian National Petroleum Commission.
According to this link on another PA:
https://www.ghanaweb.com/GhanaHomePage/business/Experts-punch-holes-in-newly-proposed-Aker-Petroleum-Agreement-823348
"Some energy experts and Civil Society groups have described the proposed amendments to the Aker Energy’s Petroleum Agreement (PA) as illegal and inimical to Ghana’s interest..... the new proposed amendments currently being discussed by the Mines and Energy Committee of Parliament seeks to illegally amend the Petroleum Exploration and Production Act, 2016, (Act 919) and its regulations L.I 2359 (2018)."
If GNPC raise no objections to CLON PA (and according to CLON they are fine with the PA, just some fine tuning required) then technically this should be approved by this body in cabinet as per law and transparent regime.
Specifically - the Chairman of Mines and Energy Committee of Parliament led by Hon. Emmanuel Kwasi Gyamfi,
https://energynewsafrica.com/index.php/2019/04/12/mines-and-energy-committee-of-parliament-visits-atuabo-gas-plant-others-next-week/
Flights to Ghana now operational, Ghana parliament is in session including the Mines and Energy Committee for discussion of PA approvals.