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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@Kooba I was clear that I'd sold out before the tender and hoped to buy in below 20.03p, which would give me a lower average. A bit high risk, but I just bought some at 19.39.
I'm back in!
I think charty is broken ..maybe turn off and turn back on again.
'sell off'
No doubt LOAM off into the £3m buy back another blinder by them leaving retail investors picking up the tab!
Think we will be sub 15p by end May.
Remember this a few days ago when the price was 23p charty??
Yes, the cash balance has reduced, but so has the number of shares issued. So the impact on the share price is more less ZERO.
Like the capitals really stresses the fact you know jack.
Sweaty.
Charty my opinion was never the cash value if you bother to look it was cash value plus an extrapolation of the EV divided by the reduced shares in issue so was around 17p on a like for like basis. No point in lying sunshine. The cash is indeed 13p and the apportionment of the EV from 324m shares applied to the reduced 200m shares outstanding giving 4p based on a price of 20.5p pre tender where there was 18p cash and 2.5p EV.
So don’t make things up.
Charty yesterday
Summary of today. Kooba made clear he took the tender offer and has obviously an interest to buy back at a lower price. this is what everyone else needs to know when reading his posts. GLA
Charty today
I think it's great that there are people who are selling at this price. I can buy back shares at a lower price and Nanoco will be thrilled too. It can buy back significantly more shares at a lower price. Win-win situation
So you tendered and want the price down to buy back…something you guys were shouting at me as being a short term trader/chancer ..it truly is comedy.
Apparently you are not allowed views…hope no-one got suckered in on the puffing 20% higher up !
I personally am in no hurry to replace any sold just yet.
Please do not take that as advice as i am unaware of everyone’s circumstances.
Those who did not tender as are very long term i respect your view as you do indeed own more of the upside if/when the company delivers and if they do the shares should respond very positively from these levels…we just need some evidence of traction.
I’m in the same boat as you Lord….tendered my full holding and now looking for the bottom to get back in. Tricky but I’m hoping for low teens.
LOAM tendering their entire holding….how much more of a clue do you need?
I'm getting interested again... Wonder how far this could drop, any views?
Yes you would have to announce a fall below 3% but not necessarily what the resulting holding was..so you could say no longer has a notifiable interest..so could have anything up 2.99% left so could still be a significant holder but would no longer need to report any sales.
How the hell would i know..since he appears no fan of the incumbent management and i believe has a city background so can do basic math , that might be a pointer i would guess. I do not see that what he does is as sensitive to the share price as the largest institutional holder where we actually know what they have done. We will have to wait like anyone else as to whether there is a disclosable change as with the other shareholders over 3%.
Though what individual shareholders do will not define the ultimate success or otherwise of the company’s IP backed materials being commercially adopted in mass market products creating the growing revenues to produce sustainable profits thats down to the management to deliver as they have guided to. Whether shareholders trust that delivery or not will be the big influence on short term investment decisions and the sentiment around the share price.
But the only major institutional holder taking a liquidity event they approved of and exiting the maximum amount and a large part of their holding is not always seen as positive by most.
We may well see other disclosures coming through on previously declared holders if they over or under subscribed shortly.
A gent.
I stand corrected
I think the Vision Pro ship has sailed ..certainly the gen 1 one as BT has guided that he thinks it unlikely the materials are currently contained in any commercially available product.
The Apple vision Pro is about to be launched in China
https://appleinsider.com/articles/24/04/18/a-new-app-is-the-surest-sign-that-the-apple-vision-pro-will-launch-in-china-very-soon
Don't think it's a case of 'caring' what LOAM do its becoming a transparent 'fact' that they seem to make all the right judgement calls at the exact right time...maybe its because they have a huge team of researchers and analysts to call upon versus your typical retail investor and their pocket calculator!
He's moved on and got all those flashlights looking up everyones orifice.
Charty
Maybe you can bore him to death with one of your candle stick charts stuck on the fridge door with a magnet!
If you care so much about what LOAM do and think they receive information that isnt shared with the public why not just buy one of their funds?
Might not have to wait so long.
I've only got a Tenner spare - 10p that is !
Any updates on that legal class...
Maybe retail investors could all chip in a few pennies and file a class law suit!