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 bought in at 0.12 - sold at 0.20. I think a deal will be done - I am just seeing if there are any more drops and will buy on these drops. DYOR and GLA I certainly don't have th balls of coggy!
I suspect the ones who are excited bought in at 0.12p, so are seeing a healthy profit. I read todays RNS the same as I interpreted the one on the 9th, which is a deal will be done. Short term a MK of £10M. Medium term, SP of 2 to 3p
I am pleased for shareholders for this lift today ....but seriously cant see why everyone is getting so excited when we are talking about MAX which we have consistently seen how it has dropped like a stone over the last 3 years from 23p and now some people seem genuinely excited that it has moved up from a tenth of a pence up to 2 tenths of a pence ....Oil price is very low and unstable and the company is not producing enough money/ Oil to cover its loans the management at best have been proven questionable ....Am i missing something here
62 mill bought to 30 mill sold
This uplift is being used by large holders to unload. Just look at small buys and large sells.
0.18 to sell
still worth a punt in my book - share price although went down to 0.16 is now picking up again
must be panicking now the rns couldnt be more clearer maybe a small chance of them pulling it off but looks unlikely
Only offered 0.16 to sell
AT 0.238 4,300,000
If they haven't done it by now its not going to happen!
TIDMMXP RNS Number : 3666F Max Petroleum PLC 19 February 2015 FOR IMMEDIATE RELEASE 19 February 2015 Max Petroleum Plc ("Max Petroleum" or the "Company") Statement re share price rise The Board notes the recent price movement in the Company's ordinary shares and confirms that there are currently no updates to the Company's announcement of 9 February 2015. Max Petroleum continues negotiations with Sberbank regarding an appropriate debt restructuring and with AGR Energy regarding an equity investment that, together with the debt restructuring, would render the Company viable at current oil prices. The Directors of Max Petroleum currently believe that there is a reasonable prospect that ongoing discussions could result in a sufficient refinancing of the Company and, on that basis, have not put the Company into administration. However, in light of upcoming creditor payments, including a material amount that becomes due on 25 February 2015 to the Kazakh tax authorities and payable by early March 2015, there is only a short period remaining to achieve such a refinancing and if current efforts are unsuccessful then the consequences will be negative for all stakeholders in the Company. A further announcement will be made in due course.
not too good a few days left to get finance sorted or admin
Out re share movement
You must be sat on a tidy gain at the moment!
WINDY
Ive got these at a high price and wrote it off as a lesson to be learned...however if this gets refinanced and haliburton get the nod to sort the deeps then this has a chance for 3 to 4p in the long term so a careful punt here is worth it but set those stops ! GLA
Will be back at 0.25 this afternoon. Let's get lunchtime out of the way.
now looks to be picking up mxp shares
just wait for the shorter .still the pump is on
Looks dodgy to me, think I will give it a miss............. Looks about done now and dropping more anyhow.
Do u think it will manage to refinance or go bust?
Refinancing doesn't take months to finalise. The bank would be working with the company, and it will likely be a Letter of Variation or Amended and Restated Agreement which will vary the repayment profile (and probably increase the price and reset covenants, as I'm sure these need to be modified). Yes it may take time to finalise the documentation, but erring agreement from the Bank will be a quick process and they can update the market as soon as that has been agreed.
a bounce off the bottom,re financing takes many months to finalise,that's if they get it. gla.
could be a pump and dump - or it could mean the have news coming and everything will be fine. Personally I think could be a little pump and dump - we will see it retrace but not back to 0.13 - more like 0.18 for me. Could build from then on - could see days like today - I hope it continues personally (mxp), hoping to trade a little bit if possible.