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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I just don't see the need for the petty childish insults that have been thrown peoples way without justification.
What last nights discussion shows is what a grown up adult discussion can be like when none of the boards bully boys join in.
Part of being an adult is accepting other people will have a different opinion to yours without resorting to insulting them for their opinion.
I am well aware there have been some people coming on the board expressly trying to cause trouble and sow seeds of doubt for their own self serving interests (or their paymasters) but they are easy to see. I have experience of TW and his campaign against a previous share I held.
Gecko, good morning to you mate I hope you are well. Very positive end to yesterday, not that I saw any of it I was out with the grand kids. Hopefully the rise in sp is due to impending good news and not just fomo Friday. I’ve just had a look on my trading account and it’s looking very nice, but just like my school reports always used to say - could do better. Have a really good weekend everyone enjoy all this lovely sunshine and look forward to seeing Monday’s opening and potentially good news.
ATB, Pete
Can't comment about JR or Chris2 but I find Moneymaker to be straight forward and genuine without any agenda. He has a right to question his investment and post about it and clearly states he will discuss the negatives and positives of his investment which is sound investing to me.
Mrninja was also invested and posted because he was hounded for calling out a blatant ramper who claimed we had multiple offers in hand.
Personally I am far more concerned about the agendas of people who try and close down any sort of discussion other than this is a nail on winner that's going to the moon etc.
Not looking in the same now a days but still long and strong with small additions at various prices, none being sold to trade.
not sure if yesterdays price action has anything to do with the Rhodium price action or not (just coincidence?), SP has done very little with the Pt&Pd movements.
https://apps.catalysts.basf.com/apps/eibprices/mp/DPCharts.aspx
Anyway some sort of news would be nice.
GLA and will leave you all to it, off out for a drive
Hello Gecko
Well there will always be one or two but not a swarm as sometimes happens. But take your point.
Sorry Monchetundra ...
The crypto angle is not new - Nornickel launched their own version as a trial earlier this year. Who is a stones throw away from Montechundra ... https://mobile.twitter.com/iMuesliBrown/status/1289187418088841216
https://www.atomyze.com/
Just woken up and read last night's posts. Not a bot fly in sight and instead good views and opinions .Thank you .
As I have said a few times before with UBS on board this is Big!
I should say, that the average of the three, year 2000 certs was 25p. Cost seven & a half grand, were worth 75 quid!
Yes, you have to give the BoD credit with some of the big names they’ve got on board: Sinosteel, CITIC, UBS. There’s not many junior miners that can bring in that kind leverage.
I admit, I think the Sinosteel deal is what has done them well more than anything. They would have always struggled to get the required funding to start operations the scale of MT, without considerable dilution anyway. Having the SS deal has prevented any hostile takeovers and having WK operational has put us in a position where we can now cover running costs.
Hundredth not hundred.
I have averaged down through the years.
Even the ones I paid 35p for 20 years ago should hopefully be in profit. At their lowest the shares I've held for that time were worth one hundred of the purchase price. Another five pence till break even.
Happy Days.
On them keeping a lid on it. I was a little gutted when Alexei Churakov first mentioned in the interview about the 21m oz. My initial thoughts were why would you advertise to every miner in the world that there is that kind of resource in the area, yet no one currently owns licences for it! On the otherhand, it may have been a stroke of genius to get a lot more bidders interested, without EUA having to do any additional exploration.
Great to see you back rowka. Thanks for your insights today. I totally agree with you on the crypto project. Tieing blockchain tech to a hard physical tangible commodity is absolute genius. It blows currency tethered stable coins into the weeds. Imagine a series of smart contract style tokens linked to physical metal ingots. Every trade covered by a tiny transaction fee and verified almost instantly by thousands of nodes on the blockchain. It has the potential to revolutionise commodity markets and could be huge imo.
Crypto is often very misunderstood. With good reason; many only see the volitile digital currencies like bitcoin and ethereum .... Its the underlying blockchain technologies that are really exciting. Decentralised ledgers provide the power and the magic. I wish mr dimity luck with it if it gets off the ground. It will be very interesting to see how that concept plays out and a very creative use of the technology.
ATB good luck to you
LB
I’ve got to say chaps, tonight has been a good discussion, without any ‘bot flies’ making daft comments.
I’ll happily talk all things good / bad with EUA. I’ve been here bloody long enough so may aswell make use of hours of reading over the years haha. I admit some people mistake my comments as ramping / de-ramping because one day I’ll be discussing the potential and the next I’ll join in a discussion about risk, but no investment on any stock market is without some form of risk. Unfortunately, many people don’t like hearing about risks in somewhere they have invested their money.
Overall, I think no matter what entry price anyone has come in at here so far, with our resources potential I think we’ll all be in a profitable position.
There's cobalt as well money, it all adds something to our value here. Truly great asset, metal basket wise.
Yeah Rowka, that's why it's so amusing, at least from where i'm sat. They just made out it was a fairly average sized palladium play, unique that it was palladium dominant, but that was all for absolutely ages.
1.9Moz to a potential 40Moz, it's mental, and when you look into things further, like you have, you realise that even that's just touching the surface of it all.
GLA
Rowka, it’s the copper and nickel in the area that many on here don’t realise the value of. Masses of it go through Norilsk’s facility every year, yet people are just concentrating on Pd and not realising how well we’ll do off the other metals. If you were to take out the Pd completely, MT is still a very profitable play with its volumes of Pt, Gold, Nickel and Copper, moreso at today’s prices.
To be fair to Anglo though, at the time, as you say they were there for the Pt, but with it being Pd dominant it just didn’t warrant someone of their size continuing with it. EUA however were the size of company you would envisage carrying on with it whilst metals were at the prices they were.
They're totally whipped and beaten now, but some will probably appear on sunday, it's like a religion to them, total suckers for punishment tbh lol
GLA
I wouldn't worry Rowka, it's not a popularity contest. I think we're all just a good bunch of people who have all arrived and an amazing company to have shares in.
We all have the same aim, to try and understand what they're up to, and to make plenty money along the way.
You get the credit you deserve, you dug up some truly great stuff.
Other posters bring their own info and opinions to the board here, it has all worked well to destroy and bot fly attacks to be honest.
GLA
GLA
CS had said early last year, well before the flanks or the banks were mentioned, that a number of parties had already approached them, offering to assist in the development of MT.
I imagine a number of heads started turning EUA’s way as soon as Pd started rising above $1300.
It may well be the case Rowka, christian and alexei boucher have been here for a very long time. A lifes work almost.
But, you never really know what Dmitry has planned, he appears to be an absolute master at what he does.
GLA
What's funny is 1.9Moz was the only figure ever given out in RNS, then bang, people are interested in buying us, banks have arrived, guess what, we have 15Moz and potential for more millioms of beautiful ounces, who has the biggest chunk of cash?. 3,2,1 Go. . . . . Lol
GLA
I’ve been thinking the same thing for a while now but them keeping WK, so revenue continues. Although, even Semonovsky has decent potential now with gold prices as they are.
Yeh I agree, it’s definitely among my lower risk investments as I can’t see the company going for less than 30p, although more likely significantly higher.
I'm prepared to wait another 6 months or so if it means that the ultimate T/O price comes out at £2 + obviously if it dragged on much longer than that then would be looking for more but right now I just am happy to let the BOD do their thing for as long as it takes.
They could sell their stakes in the companies that hold WK and MT, then apply for volchetundra again. That's what i've thought they would do for a while, there are also other assets in the urals they could possibly go back to.
Who knows, but whatever happens from here, is only a good thing. There is no negative way forward from where we're currently sat.
GLA