Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
You keep telling yourself that Notrex, same thing Afren investors did, same this NMC investors did, I believe they were shorted to oblivion due the old 'IT too good to be true" scenario.
You either take the shorter seriously or you become a loser, bit like what personality disorder you are displaying.
Keep banging on about 'they can afford it" Shorters seem to know different and no big investors bailing them out. Read the runes buddy.
That is the POINT NOTREX - SP been hammered by Shorters! That is what shorters do, they pick companies out that Market has little confidence in and what is being communicated out from the Board! they do not just stick a pin in the investment index and go "yeah that one will do". It is targeted for a reason. If they get it wrong other entities pile in to burn them, is that happening here or is it being crucified by the Shorters?
the reason is, Company not believed on Capping Costs long term, not believed that 20% to 30% Revenues can be returned in Divi's over an extended period and so something will give. That is why originally I stated over the "Medium to long term"
They can get away with doing this for a period of time to give something back to the LTH's with the slide in Share price, maybe a year or marginally longer, but shorter's are here to stay unless a direction change happens. It will happen.
If huge Divi's make good business and investment sense why don't the Banks all pay 30 to 40% in Divi's? Why do no other Oil Companies Pay these types of Divi's qtr in and qtr out? Why do the Top 100 Companies on indexes only pay between 5 to 10% on average? Reason it's bad for company growth, bad for confidence that higher % divi's can be sustained (It cannot), and bad for Banks looking to invest in the company as a large proportion of Cash is being handed over to Shareholders when they are the number 1 creditors to be paid out if something goes wrong.
Jeez God! You need to get out of this game bud!
Notrex - markets want stability, all big players that pay divi's operate a model on stable Divi payments. DEC does not have that with a 30%+ Yield - its is unsustainable.
If cash generation were stable, Divi was lowered to more market averages then Share price would rise. There would be a stability around the company's finances and future direction over a longer term.
So Yes prepared to buy you a pint of what I am drinking. :)
Rubbish! SP would not be savaged if the use of Divi Cash was diverted to BB's. As it is swings and roundabouts. Less Shares bigger Divi, si it would actually create to points of wealth generation, Share price would go up (quite dramatically), as value in both Divi and Share ownership. Divi would go back up as proportion of shares in issue would be reducing, so double whammy.
BBs are way to go and Divi cut in half over the Medium to Longterm.
Pretty basic stuff. Jeez
Genghis15 - Do you want someone to send an UBER to pick-up your Pills for you? You seem to be talking B******s again.
Genghis15 - Which one of the 4 Shorters do you represent?
Just interested to know. Trying hard I will give you that, but your post below could basically cover every Gas and Oil producer in the world today! Jeez lol
Thanks.
MyIPAss - Me not in Dump - your jealousy is noticeable. Engaging with the posters that trump everything you say really gets under your skin I see, and just retort to the childish posting.
My friend the only person trolling round a dump is you. probably trying to find some new clothes or something to eat. I do try and sympathize with you guys earning minimum wage posting on here, but there again it difficult to sympathize when you considerably more :)
You are defo in the Filtered bin as you are slightly hysterical and distressed, and that makes you unworthy of getting any air time on here anymore.
myipa and again that's my point, when the truth is spoken you get defensive amateurish, childish answers at best back. if it's not all happy chappy rubbish then you just don't wanna hear it.
you go in with the mentally ******ed crew on here now after that retort.
MyIPA - You are missing the point again. After 2 years there is no news and that is where we are?
Only valued to cash in bank, so zero worth as actual value in company assets or drug at present.
Not disputing volume is low, but that is the point it basically zero volumes based on Shares issued - after 2 years. That tells you exactly where we are at as a company and what is coming - Nada in the short to medium period.
If there was any sniff of anything actually happening it would be higher and being traded, its not is it.
My point is everyone can keep posting all this positive stuff they dig up, but it has absolutely no effect on our products, our company and portrays where the company currently is in its cycle after last 20+ years - No interest whatsoever, regardless of all the positive stuff out there and the group of wally's on here that keep banging on about potential market share, and various groups we can treat - but in reality we valued at zero.
And all those comments based on potentially P2 trials happening, you cannot make some of these posts up! Well 3 or 4 have managed to for past 2 years which just shows the mental levels here.
Tommy are you for real lol - 100k Shares traded today - for what? i will tell you £5,700.00's - FFS's
700k Shares yesterday - what £35,000 ish?
29/12 2m Shares traded - what £115,000.00's ish
This with a company with 200million shares in issue. On the basis of your argument below, no companies shares would be traded at all unless news was pending, and investors just flick shares about waiting for said news to either make or lose money. Joker, plain and simple you are a Joker.
3 Trades today - that is all the info we require to see where this is at - no news filtering out, nothing getting off planning stages and the horizon for trials starting disappearing in to the distance. You can talk and talk and talk b******s all you want all day, everyday, but 3 trades is where we at 1pm on a Friday. :(
Quality post Spacman! Best Post in last 2 years. Nailed it.
Lol - I think Not Nissan. Jeez!!
No news over 2 years is bad news for any Share. The French Resistance in WW11 were more shouty that this.
My opinion is they are trying to find 1 person that SNG defo works on - then when found announce a P2 Trial for 1 person (this person) and hope that when he/she passes the trial they can progress it to a P3 with maybe 2 people and fingers cross get it on sale.
1. Problem is they cannot find the elusive person - 2. Still cannot find what illness/Virus it actually works on - 3. They still not 100% confident that they would pass the P2 as cannot categorically say the Trial design is right - lol :)
You know it makes sense lol
GG What is your actual illness? Or have you just run out of Valium this week. 🤔
The day I answer you childish responses and questions, is the day we meet face to face. Never going to happen as you not left your bedsit for past decade aye buddy....
Told You all this earlier today!
GG Told you did not have a Scooby Doo Buddy! It is pretty clear what is going on here. Just got to grip yourself by the nuts and hang on and ignore the Noise. Ignore Grey George while you at it (Melt)
Grey George you really have not got a clue have you lol. All you do is whine and b**ch like a little girl.
You are the one contradicting yourself as you clearly do not understand what I have wrote. You display a complete lack of understanding in your reply.
Go back to crying like a little b**ch every 2 seconds it's more your level buddy. Leave the investing to the Adults.
Bismarck
Really the opposite applies does it - when shorters are in play? No new shares released on the 20 to 1 consolidation and a vast majority of shares held on the FTSE with a huge divi - no-one letting go when price still remains reasonable? So a short opens the very day it begins trading on NYSE backed by a dubious US Administration request for info on the company - price caves?
They are transferring the held shares to the MM's by dropping prices and people getting caught on stop losses or just selling up, this to create the drip feed market so they can accumulate over time and at a vastly reduced share price to get hold of a large number to get a return and huge value in the 25%+ divi. Does not take that many Brain cells to work it out.
The shorters keep control of the price and any shares floating get picked up in the US when trading opens at a massively reduced buy in price each afternoon - that is why you see the US market go up each day, then it drops back again when the UK market opens when the shorters take back control and buying ceases in the US.
Pretty clear to me......
Not enough Brits are unloading shares so the US can get in, this is going to get hammered over next week or so! Strap in everyone and stay with it. Shorters are here for a reason, and we all know what that is. **** em!