Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Celtic. I agree looks like Avacta are in 3b stage for the reasons you state. Discount a week for xmas and new year and we are still nearly 4 weeks on feom the rns. RNS giving performance figures is quite likely within the next two weeks. Should hopefully also indicate that the technical validation of the manufacturing process is complete.
Should be well above water by spring. Or next week.
A lot of variables will influence it. The pa consulting cooordinated group might even ramp up from the 2m a day planned for april. Either to supply more domestically or abroad. In which case just domestically we could see a billion or ao produced this year. If all or even a good proportion of that is avacta then we will get profit several times the mcap and a rise well over 10 quid.l this year on this alone
And the linked issue is the quality of the test. If its best in class manufacturers beyond our shore will want to produce for us or be cajoled to by their govmts to do so. At that point the production of many billions in a year becomes possible and a price multiple times above a tenner reached this year. Certainly very large potential and I am going to be very resistant to top slicing until the story is properly played out and reflected in the sp.
I take your point about Phil Orfords tweet. But Orford is an outsider. GB would know better as an insider.
The assay is sold stand alone. The machines choices are down to those who purchase the assays. Governments that plan on going big with BAMS will need to supplement existing machines is hospitals with new ones. GB is mooting the use of Microsaic machines. What is the basis of your questioning his view or is it simply your declared desire to watch and potentially buy in here ie a deramp?
No official rnsed connection. But the new directors has just told you he is attracted to the potential for its use with DVs microtox. And he suggested it could be used ro run Avacta's ms based test.
Exactly first generation. We know from prior discussion from Bell that Avacta wasn't first generation. I think the doc is just largely old news restated. Also watch out for the like of gkb who is renowned deramping odx holder.
I am not very concerned by the delays. Just kind of irritated.