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.
It's all just banter to me. I've been invested here for many years because I believe I'm part of something big. I will accompany PM until the end, ie until PM has managed to become a producer (if PM is not bought out beforehand). I don't really give a damn about the current price fluctuations, as I'm convinced that PM will make the breakthrough this year.
Well judging by the trades today there are twice the buys than sells and we are down… classic AIM
Hmm I don’t think it’s the oil price, but definitely a strange sell off, I thought we would go +5% with those big buys, not the other way around:D
another 35k @3.9 is a gift. ....thanks.
OIl price a couple of bucks off pulling us wrong way... hopefully news next week have us surging towards double figures.
US investors paid 6 cents yesterday which is 4.54p
MMs robbing a few i think and grabbing few cheapies...
Having said that, part of me wants to see the Heron oil field and Gazelle discoveries developed to full potential.
Will see, which route we end up taking but Valuation should be "Multiples" of current MCap under either scenario.
Strike it big also at Block V and also get 25 year Exploitation licence.
I also share the same feeling Petrochina will sooner or later take over Block XX just like they bought Blocks 19 and 21.
How much would they pay for potential 8000 bopd Heron oil field ?
Would they want DQE to increase Heron production first, before making a move?
Given the price of Oil currently and higher forecasts for 2023 also, value of Heron would go up substantially. So do they strike a deal early?
Some interesting scenarios for Block XX, while DQE get cracking at Block XX and block V also kicking off with Velociraptor this year hopefully.
Some big chunky lumps being moved around.
Hold.
Promising start to the day, shame about the sells… hopefully the herd will arrive soon as we enter Q2 next week
Can buy or sell £10k worth immediately via ii at 401
GLA
seems to depend which broker you use - never had any problem with ii
Difficult to sell even 30000 share, but you can but 300000!
Strange, as someone else pointed out, very easy to sell but difficult to buy any decent amount. Not sure what that means in all honesty.
Will not be surprised if this is back at 5.10 soon that we hit few weeks ago and goes higher this time ahead of DQE update and next RNS.
Q2 not far off. Could be an awesome summer with interest here getting hot. Keep the faith. Should be worth the wait.
Dozza………..now that is a far better response, you are forgiven old bean. I felt the same frustration when I sold CNA at a £180K only to watch it a year later double in price! We all have our own plans and incentives to make money so it really is nit worth ranting at folk because they have a differing views from yours. With a bit of luck this may make us a bob or two but I keep getting stung with these small oilers and miners. I am putting my AIM faith right now in both TEK, SEE and BIDS. I hope to God one day soon they can help me recover my losses that I seem so good at making. Take care must dash as a busy 4 sector day for me today.
Morning all
I can currently sell a million shares at 4.03 in one go, I do not normally get the option to sell a million with my broker so looking like there is a demand for shares somewhere.
Personally I’m happy to be invested with a few million shares, for me this is a no brainer for the following reason/s.
Petro Matad is an oil company with a proven discovery at Heron field.
Single well flow tested at 800 barrels per day.
Cheap to drill further wells at Heron discovery.
Cheap extraction of oil.
Exploitation licence already granted.
Unsolicited approach from DQE looking to farm in.
10 million cash in the bank.
Good sites for further drill exploration.
All that and the company has a market cap of just £36 million, again for me a no brainer to be invested.
IMHO/DYOR
P.S. See you guys in Q2, I’m off to catch the last of the winter snow with a ski trip next week
Hi guys, I’m sure once that RNS lands, and it’s positive news.
We will all be in a better place, and be lining that party up again.
GLA
Aspers totally understand ref UKOG - this should of made you loads - hoping with the current situation it will come good for you - also apologies for my outburst at you - think we all suffer with bouts of frustration and this share definitely bloody frustrates, and I would presume the same goes for Manro as I believe he was in the same position with a previous stock. I have plenty of patience but I must admit PM has pushed me to the limit - especially when you are waiting on news and you see that RNS land and you think yes at last and the lack lustre wording even if a positive RNS just deflates you - where's the delighted wording - when DQE showed interest - anyway hopefully they have learned a lesson and the next RNS is positive. GL and ATB with UKOG and everything crossed for MATD
Solid looking book atm, cusp of the next push back to 5p ?
Good late buying yesterday held above 4p and some nice big buys feel we will have a solid blue day today One day closer to news
Dozza………..sorry about my negativity but being involved in UKOG for the past couple of years may explain why! At the moment you can buy 40 UKOG shares for the price of one MATD and they are probably closer to producing oil than here. I still see this as over priced but my biggest concern still lies with the rambling statement of the last RNS that said lots but also said nothing dependent on either your positive or negative views.
Meant to say MB should be gone if it doesn't happen this year and it's WITHIN his control
Hi Manro, yes it was mentioned by a few on here a few years ago about the £1 party. This was before they found oil !!!
Ref your comments on MB I beg to differ on this but respect your comments. I do believe a lot of obstacles have happened over the last couple of years which was out of control of any CEO, I do agree MB needs to be more enthusiastic when he comes across in interviews and RNS's have been worded poorly, but my judgement on MB will be at the end of this year. This is the year I believe is the best chance and position that PM have been in, MB needs to show his credentials and prove to everybody he is the right man for the job.
Aspers - as above if MB pulls this off this year there IMHO every chance that the SP could hit those dizzy heights. If MB doesn't then who knows what the SP will be and MB should be gone - that's if the reasons it doesn't happen are out of his control. As of now I am backing MB to pull it off. And a prediction for you - not ramping - PC will buy out Block XX and DQE will JV with PM on Block V - now I have just woke up - hopefully it's not a dream !!!
Nice delayed £20k buy at 4.08 bodes well for tomorrow, fingers crossed for a blue day!