Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Not sure that's true, clearing $400 an ounce. The AISC seems to rise in lock step with the gold price. They seem to blow it all on drilling etc. Their AISC is painfully high. They also expect us to believe that the mine just wipes its face.
Resolution For Against Withheld
1 160,813,091 35,791,663 2,876,991
------------ ----------- ----------
2 159,461,698 38,074,611 1,945,436
------------ ----------- ----------
3 114,188,705 38,160,447 1,027,816
------------ ----------- ----------
4 113,272,894 39,158,704 945,370
------------ ----------- ----------
5 137,141,668 38,825,041 2,195,036
------------ ----------- ----------
6 176,451,344 20,442,229 2,588,172
I see some of the peasants are revolting.
They have the mindset that the mine just "wipes its face" so until that changes and they stop treating it as a lifestyle company, SP may not rise that much?
They're meant to be Uranium 'experts'. Why not save capital until they can drill for Uranium. Why the Whac-a-mole approach of drilling any old 's***e'. The next placing will be really interesting!
They set the bar high, half a pence for the warrants. Next raise in a year or so. I think they're going to have to by some more claims as they're running out of places to drill. That's after the Uranium is a flop, as every thing else has been.