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.
UT 813,394 at 13.76...
"Mather was against doing hefty raises at 26p so there is no way he's going for it at 13p"
Fort, in answer to your question, yes it does - for exactly the reason you mention in your second paragraph.
Fortissimo,
I'm baffled who is running this company at present? Is it Nick on his own or the BOD?
Actually it was a good day...
Addicknt, does it matter? It only matters if you are trading or over leveraged etc. Many invested for the takeover or buyout north of 70p+ levels. Whether that comes or not is anyones guess but the sp could be 14p today or 34p in a few weeks...and in both instances it matters not much if you are holding for the buyout deal.
14p levels only really matter if the company plans equity raises and as we know, Mather was against doing hefty equity raises when the sp was 26p so there's no way he's going for it at 13p.
Today's collapse (not the only Stockton wobble in the woeful market of late) could actually push a funding raise toward Royalty deal or a JV partner deal and so on. Those scenarios are now more of value to shareholders than equity raises at 26p+.
BHP and NCM don't like royalty deals as it effects their future interests lol! But even they can't argue that doing an equity raise at 13p or 14p is better value than a royalty deal. We've had $100m from Franco, so lets get $100m from Boliden and show the market that the assets are 'prime' and indemand and the share price needs to readjust to reflect that.
They're buying ore flows for perpetuity...
Gold is forecast to be $3,000 and copper $15,000 within the next five years or so...
Its only matter of time before the dollar falls from its ridiculously elevated position...commodities are inversely correlated to the dollar...
Gold is currently forecast to soon replace the dollar as the safe haven asset...
The BRICS countries are working on a gold backed currency; the Russians are buying gold; the Chinese are trying to corner the market in green metals and REMs...
Weaker company and weaker general market performance has no bearing these deals unless they directly affect gold and copper prices...
Almost 10 million shares traded...making it the third biggest day since April 2021...
But a significant UT and/or after hours deals may make it the second biggest after June 17 2022...
the only thing I can say is, thank feck that's over! What a crap day.
RK - I gave you my explanation earlier. They're buying future cash flows (not resource, that's an offtake) and those cash flows have to be much more uncertain now given a heightened risk profile consisting of but not limited to:
- the conflict in Ukraine
- the softening of commodity prices (our basket)
- weaker company performance
-weaker general market performance.
It's only my opinion too but I think when you factor in those 4 things there's zero chance of a deal on the same terms as FNV.
You asked me a question yesterday red and I answered so pretending you've filtered me isn't true.
Where are the buys you bragged about earlier?
having traded this share for 2 years got the impression buy the rumour sell the fact as always spikes are short lived.
put my toes in water at 13.3p for 200k as sold out at 29p with resignation of newly appointed CFO.
May get a cheeky buyout offer 40_---50P
What happens when FOMO kicks in and people scramble to buy back the stock they sold...maybe at higher prices...
You're right...currently unchanged at 15.18 equivalent...
Obviously North Americans are more sanguine about this results non-event...
Just a little banta jezzoo, some of the time I'm having a laugh when I post.. unless I'm buying or selling then it's strictly business.
Not according to the TSX site. It opened down 4% but seems to have recovered. Not that it's particularly relevant in the scheme of things.
Its down 4.35% at 14.52 equivalent...
Well done Ray, I didn't know you actually get kicked off a board on here !
Keep in mind...
FTSE100 2.3%
FTSE250 down 3.8%, but...
Industrial Metals vrtually unchanged, with BHP down 1%...
I'm sure some of you will have seen it, but on TSX our share price is currently unmoved. 14% here, zip there.
Guys I've been kicked off the poly board so I hope you all be nice with me here.... Still holding over there though. :)
Sorry addickt, I was on the golf course...luckily...havn't read what is probably over 100 fearful posts...
As before, no contact with Ingo...I believe he's still on 'gardening leave'...
RK you probably missed it, but earlier on today I asked if you'd had any recent contact with IH?
Exactly pad, but in the continuing absence of good news, people are trying on their worst fears...
It is beyond belief that people are still talking about potential insolvency.
But the company needs to come out with some good news...any news...F*****g soon...
Instead Darryl seems content to bore people rigid with his drawl and no additional information or Q&A session...