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 have to say, got caught for some serious cash on this share , looks like gonna loose a lot more yet now , shocked
I hope I'm wrong but this is going to drag now, too many political issues going on .
The best bet for the banks is the takeover. That is the only way they are getting there money back !
So why all the buying today then ? I think the UK will not want phase 2 but then what happens is anyones guess. Those hedge funds have put a few million each into this and at the moment it looks like a coin toss !
I'm lost at this point. I'm especially p off with the timing of the interest raised for national sec concerns, both in UK and GER. The T/O has been announced months ago, and they only come up with interest this f close to covenants deadlines
So for those who are invested and those who are monitoring..... DO you think its a good entry point for buying today based on chances? GLA
same here. i'm kicking myself for not selling up at 16p this takeover has been a complete farce
If one was cynical they could believe this to be somewhat mischevious. Thankfully i am not cynical. GLA.
This share is seriously ****ing me off now. The one share i own that is involved in a take over and it is the worst take over ever... it's only a 70 million company ffs
i thought the germans finished their review... why this now?
Suspect the banks will want their money back now or at least a huge fee / hike in interest rate (as they have done before). The previous BoD certainly misjudged the Spanish Purchase, from £30 million with no debt to this... Wouldn't want that on my CV.
don't know if I have left leave of my senses here but have got back in for £3k think it will lift a bit. Flipping meddling Germans !!!
Is a bargain!
Now trading at around 11.00p bid and not surprising. Sure it will bounce at some point but only slightly imho - too many obstacles getting in the way at the moment. If either UK or German review comes good, then that's the time to get back in I suggest. GLA
The deal may well be approved in the fullness of time but unfortunately either the deal or the company will probably collapse before then. Get out now if you can. I exited as soon as the review was announced and am very glad I did even though I lost money.
oh, well. Germans could not spoil the chance to kick British company. Hate that EU cartel.
Oh dear! So what are the lenders going to do now? I bet this wasn't one of the events expected to lead to a further deferral of the covenant tests beyond 15th May. This must be a risk that this is seen as the final straw.
This has more twists than a pepper mill
German public interest review
Potential German referral which I suggest was unexpected. GLA
GLA
Thank you CASHVAC,however given my age i would be unable to understand the the full PDF i did feel page 9 was particularly pertinent.I my opinion the deal should get waved through.Imho,cheers. GLA
Here is some info [pdf] about takeovers in the UK, and the conditions required for phase 1, 2 etc. investigations: https://www.slaughterandmay.com/media/39320/a-guide-to-takeovers-in-the-united-kingdom.pdf
Greg Clark doesn't have to try to be reelected. Tunbridge Wells...
Just read the UK CMA RNS again, although the CMA has said a decision by mighnight tonight, it's up to the Business sectretary to then decide if a full review is needed. So, we may not hear anything first this Friday morning. And I guess he is busy trying to get re-elected too.