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 think you’ll find that the most amusing thing is that you saw that as a serious statement.
You’re a clever boy.
Magsy
It's really quite simple, which should appeal to your ability to understand.
NCYT's CEO openly admitted that they were breaking even on their tests, so even with no sales, GDR would be on a par. Mainly because NCYT lacked the capacity for production and struggled to source parts for tests.
In addition, the partnership that GDR has with a US major, Cytiva, puts it head and shoulders above.
However, despite your disgust at the prospect, GDR will have sales and make a very healthy 60% margin.
Now, I know, according to you, market caps are just numbers with nothing to back them up and on that basis, the stock market in it's entirety shouldn't exist.
How we all laughed.
Glad to know you're trying to learn but I fear you will remain a m.o.r.o.n.
Rolling, hope you feel better about yourself after feeling the need to throw out the insults.
Can you go into a bit more detail on the NCYT comparison please to help the board.
Can you show us why higher margins on £0 of sales means that we should compare directly with NCYT with £90m of sales. Please show some basic rough calculations to support the comparison.
Will be really useful info for the board so thanks in advance.
Rolling thanks for clearing up that market caps are valuations and not just numbers. I have learnt much from you in such a short amount of time.
Spot on Rollinginit. That why I invested here.
Great post just shows how cheap this is
Easy money
And also why is it always that market caps higher than GDR are all classed as being valued fairly? Maybe they are overvalued and GDR is the one being fairly valued?
Yeah market caps are just numbers which have nothing to back them up. It doesn’t matter that we have no sales and NCYT have £90m.
I can bet you it won't unless we get a sales RNS
Copied from Ad ....
Demonstrates how undervalued GDR is and the target prices.
______
'The potential high here is far greater than that.
To match the current market cap at NCYT, the GDR share price would be £4.60.
To match NCYT's market cap at it's peak, the GDR share price would be £7.80.
To match the current market cap at AVCT, the GDR share price would be £10.00.'
Andy, predictions have now become fact? Ok, let’s see if this tests 270-300p today.
@magy18....that's no ramp...that's a fact!
Why do you have to spoil it Silverbackboy? Plenty of genuine excitement building about heading towards 200p and then you couldn’t help make some ridiculous ramp about 270-300p.
Time for a beer... I mean spot of lunch... see you chaps @£2 in an hour
People will be struggling to buy especially new investors, i had to use a limit order this morning to top up.
people getting in before the sales news...
Could see an attack on 270-300 today . The buying is relentless
Looks primed to have a sustainable rise above 180p. It will take over 40k shares off me at any one time at a decent price.
This will retest and surpass ATH.
Too many posts to catch up, over 200 since I last posted and oh only been out for 2 hours. Massive interest.