Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Richard has uploaded a document to his Linkedin account which can also be viewed through Twitter. He has explained his reasons for avoiding an RTO, mainly due to cost and timescales. It's worth a read and it is good to see him doing stuff like that. Would still be good for him to explain through an interview as quite often RNS's can be hard to understand/badly worded and a lot is misunderstood or just doesn't make sense without context. Now that his reasons are clearer it does look like it was in Sabien's interest as it avoided a delay and significant costs. DYOR, the document is certainly worth a read.
I won't lie it doesn't make much sense to me either, the RNS gave more questions than answers. Details on finances, timescales and why Parris group were used need to be addressed. Even if it was to avoid an RTO, why not do a more favourable percentage split for Sabien? Despite all that, £450,000 invested by RP at around 32p, I doubt he wants to see that worthless. Also he needs 60p for warrant to be exercised.
Yes it does need to be addressed, and there does need to be a good reason for it. A one off to save on costs is ok but if it becomes a regular thing for future projects then I don't think that will sit right with Sabien shareholders, as it must mean that the shareholders stake is worth less? Also on another note, don't the warrants expire next month?
There must be a good reason for it, update required in terms of why they used Parris Group and timescales on this project. Remember that Richard is a major shareholder in Sabien so he won't want to see the share price down. Further to that it would be massively damaging to his reputation. There's should be a good reason, just need to hear it.
Check out their Linkedin page..... "We are recruiting Sales Talent to expand and accelerate delivery of our unique, leading edge decarbonisation technology.
If you’re passionate about energy reduction and looking for a sales challenge within an agile progressive company, contact us". Well well well, wonder why they'd be doing that
Tweet from Mologic "We are pleased to announce that we have received a grant from @gatesfoundation
to develop high sensitivity and #multiplex rapid #diagnostics in partnership with @bioaster and Global Health Labs Inc."
Good news for the odx? Perhaps the reason for todays rise?
Peterhouse Capital have put out a tweet with links to the debate happening on Thursday with Sabien. Participants will include Proton Technologies, City Oil Field, and Aeristech, together with others to be announced.
Very low market cap. Massive investment by the CEO. Green energy and solutions is only getting more attention especially now with the spotlight on solving climate change. CEO has previous experience in the USA which is potentially a massive market.
For anyone not aware Stockbox did an interview a few weeks ago with Sabien's Investor Relations manager, here is the link - https://twitter.com/StockBoxMedia/status/1448956880601092098
Would appreciate a clarification on this if anyone can. The price of uranium has increased considerably, as has the SP here. The uranium price continues to climb but volume has dropped and the SP stalled for now. Is it just taking a breather or has the uranium price stopped having an effect on the SP? Thanks all.