Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks
" before September when Immupharma has to come up with c£700,000 to exercise the 7.3 million warrants at 9.5p. "
They may well extend the date , maybe Tim is already lobbing for that
Fully agree. Those who follow will be brimming with FOMO. Many like me will be happy to help them at the right price by selling a proportion as I can take a generous profit and still be in the game - all wonderful IF it goes to plan!!!
Pull bac#k, point of intrest area
Hi Yorkshire,
FYI, Technical Analysis on small caps like this isn't all that reliable. What I have noticed is that there have been consistent sellers since IMM peaked at 2.5p from its 1p lows and they have been selling every single day and no evidence that has really stopped yet fwiw. That said daily volumes have been smaller over last month or so it wouldn't take much buying to see the price rise quickly, all guesswork in the end though.
GL
PB = Price Break Out
POI = Point Of Interest
What is poi in a trading chart?
Poi, also known as Point of Interest, is a popular technical analysis tool used in the forex market. It is a concept that involves identifying specific price levels where the market is likely to experience a significant change in direction.
Wigwammer
Agreed.
However should the Incanthera revenues start to accelerate over the coming months as forecast by Uncle Tim , it is conceivable we could see a sharp increase in the Incanthera share price and accordingly in the value of Immupharma's shareholding and warrants in Incanthera.
The OTC market where Incanthera is listed is very illiquid and has very few daily trades so good news from Incanthera could lead to a sharp spike in the SP hopefully before September when Immupharma has to come up with c£700,000 to exercise the 7.3 million warrants at 9.5p.
ATB
In English?
A poss pb poi area on weekly
https://invst.ly/14ntyj
True Dallo - the treatment of the warrants will affect the value of the incanthera assets, but also the number of immupharma shares we use - diluted or undiluted - will affect the value of the stake on a per share basis. For the sake of identifying that the stake is currently not worth anything like 1.25p a share, the 0.2p approximation was perfectly sufficient… ATB
Immupharma owns 10.8% of Incanthera plus has warrants to subscribe for c7.3m shares at 9.5p exercisable by September of this year...Incanthera share price is c13p at present.
To resolve the Incathera debate once & for all:
IMM owns c. 10%, so at Incanthera's current market cap of around £10.5m, IMM's stake is worth £1.05m.
IMM's current market cap is c. £8.65m and its share price is trading at around 2.1p.
So theoretically, Incanthera is worth 1.05/8.65 x 2.1p to IMM. Which equates to 0.255p per share.
In other words, Wigwammer was far closer to being right on this than oldbutnowisa.
Still, even 0.255p a share's worth having when you're currently only trading at 2.1p.
Well you can disagree all you want. But there is simply no way our stake/warrants/options in incanthera are worth 1.25p per immupharma share, or over £5m. This is simple maths. ATB
Disagree Wigwammer. We own 10% of Incanthera plus options as far as I can see, but what matters here is an update on the geeks who are poring over P140 etc.
Not sure that’s correct, oldbutnowisa. The Imm stake in incanthera is currently worth around £1m. Current immupharma market cap is around £9m at 2.2p and that’s before dilution re warrants, options, and so on. So the stake is worth around 0.2p per immupharma share (a bit more if we include the incanthera options we own). ATB
SP of Incanthera is c13p. We own 10%, so allow 1.25p of our SP. That puts all our pharma assets in this SP for the grand price of 0.97p! When my cash comes in shortly and I lump another £20,000 into my ISA, I may reserve a bit for upping my stake here unless this SP becomes more realistic. The rest will definitely go into 'safe and boring'!
Lordloadsoflolly,
As I said before, you remained invested in IMM and have added more. You have not sold out while you still can. For what reasons?
Is it because you're hoping IMM will NOT do at least a deal, will NOT multibag from the current share price IMM is at now or is it IMM will NOT ever start Phase 3 lupus with Lupuzor. Or is it because you're invested hoping IMM will go spiralling down into bankruptcy with the aim of losing your money.
Of course not. You're still invested because exactly the same reasons what GoldGirl believed in IMM and said.
Stop pretending you hypocrite.
Lordloadsoflolly,
Let look back at GoldGirl's recent posts. She said,
"Listen to the March interview of CEO. He talks about riding the share up."
True or False?
"Millions have already been spent before the compound gets even into the clinic".
"And we have such an advanced asset for 2 indications".
"IMM will multibag".
"This is the bottom".
True or False?
"Have late stage assets is better than start-up biotechs.... as for latter harder to raise money and interest rates for borrowing money is so high".
"IMM is a better bet under the current economics".
True or False?
"Consolidating 2.4 - 2.5".
"Hopefully on next news surpass 3p".
True or False?
"I think this will move big when people least expect it too".
"So undervalued it's crazy".
True or False?
GoldGirl's posts are in itself facts and predictions on what potentially would happen and substantiated based on what IMM have said are ongoing and the potential outcome. You yourself lordloadsoflolly, remained invested and in fact so confident as GoldGirl's predictions it will come to pass, accumulated more shares. Why is that so? Because you yourself damn well know where this share price will be heading based on what yourself know what IMM have said. Here you are with a audacity to question GoldGirl's posts.
You said of GoldGirl's posts as "repeated totally unsubstantiated claims" and "spouting further nonsense" and her "myths"
.
What?? What on earth are you talking about lordloadsoflolly? What GoldGirl's posts English words don't you understand? Read her posts again and again. Are her posts unsubstantiated, nonsense, and myths. Does she have to justify and explain it in a kindergarten language so you can understand it. Its you with a child like mind.
I have concluded you have a cabbage brain.
And for Nolupus, I'm not invested in IMM and I'm not nobbygnome. Another hypocrite.
Nolupus - your sceptical point of view is neither silent on this board, nor I suspect, is it in a minority. One of the only interesting things lordbore has stated is that his posts frequently get ticked up - they are consensual - whereas goldgirls posts get less attention. Many successful investors - including myself - believe that the best time to buy is when scepticism is rife, and the time to sell will be when goldgirl posts are getting lots of attention, and the lordbore sceptics getting none at all. My guess is you bought near the peak last time - circa 150p - and will do so again, precisely because you are unconsciously influenced by the consensus. Who knows - I might even sell you my shares near the peak (again)… ATB
No lordbore - we have a problem understanding why you claim to have “no idea where the shares are heading” when in fact, you own the shares yourself… As for Goldgitl - she wrote 30 something posts on Imm over the first 3 weeks of April, with scant evidence of her repeatedly posting opinions as facts. You should apologise to her, but I suspect you already know that.. ATB
No lordbore - we have a problem understanding why you claim to have “no idea where the shares are heading” when in fact, you own the shares yourself… As for Goldgitl - she wrote 30 something posts on Imm over the first 3 weeks of April,
Lordloadsoflolly,
Don't waste your breath on the 'gangbang strong buy' crowd ,the superwildwammers are not worth the hassle and are not open to reasonable debate ,imo
They only want to see/reflect/consider the 'upside' and not any other viewpoint .
Whilst some of us ( small minority) Can bé objective and see the Potential whilst also being aware of the many risks which are still there (At this Time).
Anyway , whatever, the strong buy crowd don't want to see or debate on the numerous risks so they brand you a bore or worse ..
Anyway, your point of view , IS reasonable and intelligent for the silent minority on this board.
P.s.
'Eyes to the stars but keep your feet on the ground '...
P.p.s.
You Can Take donkeys to water but you can't force them to drink !
Wigwammer & Supermobileman - I’m not wasting any more time on you, as you clearly both have a problem understanding basic nuances of English.
Main thing is Goldgirl - and her repeated - yes repeated - totally unsubstantiated claims has vanished for now.
And if she re-emerges spouting further nonsense, you’ll be pleased to hear I’ll be back to dispel the myths.
Lordnutterbore-sounds right.
Come back GG.
Super - you are right to question lordbore’s wording -he clearly does have an idea where the shares are going, or he wouldn’t own them. I would also draw your attention to lordbore’s claim that goldgirl “repeatedly” presented opinions as facts. Looking through her April posts, there is only ONE where she appears to do this - “Imm will multibag, this is the bottom”. So not exactly repeatedly, and not really worth any fuss at all. But we are dealing with a right old intransigent bore here … ATB
Lordloadsoflolly,
You are nuts. Don't understand your own English you've written.
"I've no idea where the share price is heading".
Lordloadsoflolly certainly knows its not downwards.