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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Some momentum investors may become interested today as over 5% of the company will have changed hands...might give them a heads up.
No, cant see the need for another print. In the last 2 weeks, ten of my old City trader/broker mates have bought in following my FB post on the company. They see it as option money which is the way to encourage new buyers at this level. Wish I was still in the market, I would push the **** out of this idea.
Ah, okay. I forgot your history. Cheers.
Guess it was a sizeable trade in one go.
Will there be a corresponding trade for the purchaser or no need as they were transfered?
Lottie. That's scandalous behaviour.......MMs making quick profit at shareholders expense, really!
Fat finger...as for the other 9m shares, I would think the MM kept them and has unloaded this morning at a tidy profit. It's what we used to do.
Take it? You can have my pount, Lottie. I'm not using it any more. ;)
I appreciate he will be chair of the group but I focused on H & W as his past in cemented in Shipping and Defence Industries. Given the cancellation of the £1bn support ship contract in November, I feel this will be a big news item post EU when these 3 ships can be built in the UK without the need to invite European builders...but I take your pount
or put the £250k back in the bank and leaving the rest to make money?
Lost in the spread? :)
Si- the sale this morning equals £250k all but a few pence. not sure how it works but it did equal the loan.
JW should ask BoJo for an advance and he can take it out the divorce deal.
He's not just a new H&W boss, as such. He's the new chairman of the company over all it's constituent parts. Just sayin' :)
"Discussions are currently ongoing with the Investors (Riverfort) with a view to amortising this Loan over a longer period."
Does this mean we're not shot of them yet, unless something better comes along? Or we pay them off with a different loan.
The trade this am was for 89,285,714 but the RNS states the loan was converted to 98,193,244. Leaving 8,907,530..... ?
This new issue puts at least one TR1 closed to going under the 3% declaration point.
or the EU come up with what is owed!
Having sold 254m newly created shares in exchange for the £700k debt owed, the dilution is equivalent to a rights issue. The remaining £555k debt is payable on 14th Feb. It is not freely convertible BUT if it is not repaid on that or an extension granted, a further 200m newly created shares will need to hit the market. Let's hope the new H & W boss starts Monday with a flourish!