Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
In the RNS CP seemed please to reiterate the point of becoming self financed/ funded ( whatever words he used) in the next quarter and how that would be looked favourably on come the IPO…yes yes I know it’s just more words from a compulsive master of BS …. But if Deccan keeps going we may arrive at a point where we don’t need 3-6 mill IPO it may just be 1 or 2m which for FS surely that can be raised on a Tuesday lunchtime!
His excuses for delaying are running thin IMHO
Agree SM.... its a tiny amount needed for someone who has a seat at the world banking table ;-)...
the Table costs more than we need!
Lol
They still charge 19.99 sign up fee too
He’s given a few interviews this year mentioning relisting this year… so anyone watching who was interested in investing will now watching closely to see if the missed deadlines of the previous years continue…..but for me it calls into question the many previous times when CP said about relisting when the amount required to IPO was £10-£12m ….was that ever really achievable???? if even now it’s only £3-£6m needed and he’s still dancing around the edge and failing to commit to a firm date…. and now looks like we have to be “self funded” before we can safely IPO???….. I’d never ever heard that line in any of the previous Q&A’s or RNS’s…. Not only moving the goalposts AGAIN…he’s brought in new friggin goal posts and moved them to!!
Well if we are soon to become self funding that will be a massive plus for any potential investors looking at the IPO prospectus... but once again the vague answers given by CP regarding relist this last Q4 leads me to believe its not happening until 2024.... but which Q??? il leave that out there! Lets hope Deccan can keep going from strength to strength so the IPO required funding reduces massively to just a million or 2..... surely that small amount is achievable in a couple of days ..... or couple of hours if we can get Nigel on board!