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.
Is an English translation available?
Wow, didn't see that coming. Here we go. Should move rapidly from here.
It's cheap here so I think it will.
Better now than when it was £1.50 before covid .
Plus 2.7m in 2 months only 5.6m cap with 3.4m in bank
6mms on 80!!! Gotta go back up
4m cash in hand and 12 m in revenue pipe.
Looks undervalued at 5.7m .
Potential is coming through
Hold on
Over 34% already
Looking good
Spread is getting tighter also
Jumped 32% already
New Contract worth £2.7M - Total contract is over £12m. Should be oevr 70P
Market Cap just over £4m -
The AIM-listed group added that it had won a further £2.7m of new business since 21 May and had implemented a programme of permanent cost reductions, generating savings of £700,000 per year compared to pre-Covid-19 levels.
Revenues between July and December were also now expected to be better than forecast.
Chief executive Mark Browning said: "With TV production activity resuming and stronger sales in June in our new Zinc Communicate division we are in a better position than we had anticipated two months ago.
"There remain significant challenges ahead, and forecasting is exceptionally challenging, but we continue to win new business, improve our margins, attract new talent, and reduce our costs. The changes and improvements we said we would make in our transformation plan are firmly on track."
As of 1030 BST, Zinc shares had surged 24.29% to 52.82p.
Just a little pressure and this is rocketing
This could be at 90 in 10 trades
me too, but my trade aren't showing.
75p imo
I wish you luck. Let's see how it goes after lockdown. Stay safe.
they had a couple of deep share consolidations over the 10 years I've been in this one. 405p s after averaging down. Need lockdown to end to get the production side moving.
There were very few buys and more sells after rns. Is that what you paid 405? If so, yes Ouch!!
I'm interested. I think the RNS was as good as could be hoped for in the circumstances. The long term holding of Herald (40%) is reassuring but my own long term holding is at 405p . Ouch!.
is no interest in this share. RNS was good..
buy is not showing , not even as sell/ Bought his morning 8.20 am
Totally agree. Reminiscent of 2008/9 meltdown. I'm dripfeeding into high yield shares like Aviva and ITV . If they go belly up we're all screwed anyway.
Depressed stock markets can be a great opportunity to pick up attractive stocks uber cheaply.
A good example is Mulberry (MUL), which 40-bagged in just three years from its 2009 low in the credit crunch.
And MUL also exhibts the brilliant returns that a good value-growth stock like ZIN can give.
All market panics pass, and people then kick themselves at the mouth-watering opportunities they have missed, which will be the case with the 'coronavirus correction'.
China's draconian quarantine and containment measures appear to be working, and it has seen new cases of the coronavirus slow.
And the fact that we're moving into spring should also help.
From The Guardian today:
"Coronavirus: nine reasons to be reassured
Yes, Covid-19 is serious, but context is key and the world is well placed to deal with it
Jon Henley
@jonhenley
Sat 7 Mar 2020 05.00 GMT
... it is worth remembering the world has never had better tools to fight it, and that if we are infected, we are unlikely to die from it.
Here, courtesy of a number of scientists but mainly Ignacio López-Goñi, a professor of microbiology and virology at the University of Navarra in Spain, are what might hopefully prove a few reassuring facts about the new coronavirus:
• We know what it is. ...
• We can test for it. ...
• We know it can be contained (albeit at considerable cost). ...
• Catching it is not that easy (if we are careful) and we can kill it quite easily (provided we try). ...
• In most cases, symptoms are mild, and young people are at very low risk. ...
• People are recovering from it. ...
• Hundreds of scientific articles have already been written about it. ...
• Vaccine prototypes exist. ...
• Dozens of treatments are already being tested. ..."
https://www.theguardian.com/world/2020/mar/07/coronavirus-reasons-to-be-reassured
Chris Satterthwaite's Chime Communications was taken over for £374M. in 2015, compared to its 2014 revenue of about 386M., i.e. a valuation multiple of nearly one times revenues.
So a future valuation of about £100M. for ZIN is quite possible.
ZIN's annual revenue is already well over £20M., compared to a market cap. of a fraction of that.
And there's no reason why they can't move to making a good profit on that sort of revenue, if margins return to a level more in-line with industry norms.
That's the target, and good progress is already being made in that regard.