Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Thanks for the reply DMcG54, was very surprised at the SP action today but it is the way it goes sometimes.
Can't say I was expecting a red day after that RNS, personally felt it was a positive update. What was the market expecting? I'm obviously missing something here
It does feel like a very low market cap, but I like to think that mixed with the low shares in issue allow for a bigger rise as and when. I'm glad M2G still brings in the cash and as a lot of orders are public sector/government then perhaps that has allowed Richard to gain some important contacts in regards to the funding and support for COF.
Perhaps it is time to recruit and expand, but if Richard feels he can handle it then I suppose it keeps costs down. Would like a media and investor relations team though, it all goes frustratingly quiet from time to time.
Big thing for me here is the funding, let's see if Richard can get it.
So to my understanding (and please correct if wrong): We currently have 2 sites for COF to be installed at (Northampton and Humber Freeport) and potentially a 3rd at Holyhead if they get the Freeport status there. Will be good if they get it, but 2 out of 3 isn't bad and I guess it is mostly out of Richards hands as it seems to be a government decision.
Arguably more importantly we are awaiting the news if Richard has managed to secure the financing for the COF technology to be installed. It is a fair amount he is asking for, genuinely interested to hear peoples thoughts on how likely it is he will get this funding. It almost seems like a no brainer, who wouldn't be interested in funding technology that can turn plastic waste to bio diesel hence solving part of the plastic pollution issue and providing 10% of UK Bio diesel needs. But I guess there's no guarantees here.
Thoughts?
Richard has put up a couple of tweets today in regards to plastic waste recycling and what Sabien are doing- might be worth a look. Not only does he mention the environmental benefit but also the benefit of using less Russian Oil. Could be the beginning of a PR drive.
Share price back in the low twenties, really frustrating. I've no doubt Richard is working hard behind the scenes but from the outside it looks like nothing is happening. Why hasn't there been any further updates on the South Korea trip? There is little advertising or public/investor relations.
"Any Warrant holder who exercises at least 25% of their Warrants between 20 January 2022 and 2 February 2022 will be granted one Bonus Warrant for each Warrant exercised." Does anyone know if these dates are inclusive? Could the warrants be exercised until COP tomorrow?