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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Well, well, well. An interesting development. Thanks for the updates Looed.
After looking at this yesterday, it seems to me that we are trying to force Mourant into settling their case asap, since the alternative could be catastrophic for their firm if we actually won this case. All part then of our attempts to tidy things up before the big reveal. I think we are a bit closer to the end.
Quite how they can calculated $280000000 is another matter….
Is that asshol* maxnoby still here, thought he had emigrated TO ANOTHER PLANET THE CLOWN.
Thanks as always Looed
I sit back and chill until I see your or others updates , then fingers crossed it moves fast and we get the update us share holders all crave from our company
GLA
I can't see a firm of legal eagles like Mourant dropping themselves in it, there was probably a get out clause that FRR didn’t see...
Must change broker fast to be able to trade.
RR filters anybody with an opposite view.
HL does the same in different ways.
I have no idea how many FRRs I hold
I gifted most away and think it was a load.
My lot will be for spending
Would love a Happy Ending .
Hi Lifeishard - I think we need to see how the initial filings and motions from each side are presented to better understand how this case fits in.
I would happily take 1.5p per share.
Many thanks Looed,
Can I just ask with this additional case now started, does this now put back your info on what’s been happening and can’t tell us until certain boxes have been ticked…???
Thanks again as you and other sleuths hold this boards hopes
GLA real holders
Looks more around the area.
1.5p?
Calculation in last post, is Incorrect.
Looed
Thanks for case info.
The damages that Frr have stated I think amount to around 15p per share.
Another court case to add to the list.
The Petition states that FRC retained Mourant to provide legal services in relation to a civil action by a certain “corporate raider” (you know who) in the Caymans.
During proceedings, Mourant asked for a guarantee of payment in order to carry on representing FRC. After accepting the guarantee provided by the company, Mourant broke its promise and withdrew its representation. FRC claim this action caused monetary losses of “not less than US$280,000,000”
In other words, this case involves breach of contract and FRC seek damages in excess of US$1m including FRC’s “actual damages”. I imagine if FRC can prove breach of contract it will be for the court to determine final damages and costs.
I expect we will soon see a motion from Mourant and their version of events.
Could this be the Christmas present we have all longed for finally…?????
GLA , fingers, toes, legs and anything else I can get crossed.
Ooohhhhh, what could it be. Do we feel lucky?
With luck that will end in a quid pro quo and both cases quietly go away.
Mourant is already suing SN, ZM in Texas for repayment of a foreign debt.
Now we have a corporate action instigated by the company – FRC v Mourant.
The case was filed yesterday. The Petition by the Plaintiff (FRC) has been filed but isn’t available for viewing yet. Hopefully we will be able to access it over the next few days.
And in this years Carlisle Am Dram of Charles Dickens' A Christmas Carol, we have Tabs starring as Ebenezer Scrooge.
Bah humbug.
hardly worth getting the paperwork out to check if we signed a mou with Naftogaz lol and as for Moldova jeez who gives a one
Down there for dancin' Prodge.
LMOA
your post has been drowned here sir Cogster of the Woollies.
Your memory is still good for an Auld Yin.
Lets hope our MOU and agreements are still as good as your memory.
ATB pal.
Fairly sure we signed a MOU with Natogaz albeit a few years ago now and also signed one with Moldova for 50 year agreement. As far as we can see nothing has come from either.
Haven't we got an agreement with Naftogaz?
https://www.telegraph.co.uk/business/2022/10/16/ukraines-vast-untapped-gas-reserves-lined-supply-energy-europe/
Plus. Crimea to Ruskies is as Tenerife to UK :-)