Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
is when you look at bmr as an entity it had a massive resource in tailings and all it had to do was to raise enough money to get a small plant processing something. Anything. if that process could not extract everything in a complicated circuit it could dump the tailings back somewhere in order to be processed at a much later date. That would not be an ideal scenario but then you would have a small steady income stream with which to pay for a larger set up in due course
If BMR was to be absorbed into JLP and that deal is v much complete, would we need a nomad anymore? Could an announcement in August be.... Share swap for BMR shareholders. JLP now in control. Negotiations with ZG complete and agreed. ...... Onwards... (with an enormous loss to BMR shareholders). The above are questions only
"Not sure what the implications are, it’s all guess work given the lack of info we have!" The above from Fishclaw is absolutely right. Even after an AGM, and our best brains on the case, no one is really crystal on what needs to happen b4 this falls into our lap. Or, what the chances of this just remaining in the long grass with the occasional BS statement by fowler. If people come away without a definitive plan of action then expect further droughts.
An AGM. An RNS. Controversial motions denied. Not a post here or a share traded. This is the most unloved interesting company on AIM
I will be very interested to hear opinions of the vibe of the company from anybody that went to the AGM
An AGM a resolution that looks like it was for getting hold of cash and yet no trades and no posts here. This must be the most unloved interesting company on a i m
If the company was anticipating Trump going against the Iran nuclear deal as he said he would do as an election promise do we have a manageable plan in order to release the Iranian airport contract. How compromised are we with the airport equipment that we sell having components made in the USA. How much does the company anticipate that future equipment sales will be affected by any us embargo on our company now that we are dealing with Iran
Thanks for that info. I was suggesting the TO would be shares in JLP but yes, you are right, my attentiveness of the details here have been somewhat lapse. Mainly overshadowed by the necessity to track down cheaper and cheaper sources of alcohol.
Is this time delay really about JLP negotiating with BMR to take over the entire company? It makes sense. BMR holders (my average +/- 20p) will be offered JLP shares @, I hv no idea, about 3p. A potentially very profitable enterprise is then owned by one entity that has financial resources to do the job. JLP then tells Z Govt they will up the size of the plant, also extract Vanadium and the Z get a bigger revenue and JLPget a tax break for the first 5 years etc. I think after 5 years or so of having a significant percentage of my portfolio in this company I can admit that this company is incapable of getting into production and the Enterprise needs to be taken over by somebody who can. From where I sit at the moment I would bite the hand of anybody who offered me my mountain of lichen covered BMR shares with jLP shares at 3 p
I will block you when I get home to my PC. I remember you, under a different t name. Tell us all again what is was and how many other names you hv hd in the meantime? I remember you getting banned that time in the end because you just hacked everyone off so much. I remember you also having several other names where you eventually got banned. SFU is v good and spotting you boys. Anyway, I was right then!