Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Agreed. Think the reason why they say it can still be cancelled is in a way managing expectations and taking precautions. Some things take time and shareholders were promised an update end of March and received one. And it says between the lines that's its progressing. Things get delayed, paused etc because that happens in business. Be calm, optimistic and have patience and hopefully will get something positive
Some positive news though. RNS states that most of the key work is now substantially complete, which sounds like things are progressing hopefully :)
Hey, thanks for that. I checked the website but struggling to find it. I saw on a website recently that the rate on the gearing was 2.7% but not sure if it was accurate (being from a third party online site).
Thanks the response. Yeah I saw a figure similar to that. I guess what I wanted to know was what was the interest rate on that? (In percentage terms roughly).
So very random illustration: say I have £1000k in SMT and gearing is say 6.5%. What would be the interest rate on that. And from that £1000k I can take it out and give it to charity each year (albeit with the £1k example, will be small, but gives me an idea when doing calculations).
Cheers!
Hello! Hope everybody is safe and well.
Just a quick question, does anybody know what the interest rate in percentage SMT is paying on the gearing ratio?
I get a bit confused with gearing and not good at assessing the figures in annual reports. Reason why is because I want to give any interest (retrieve/paying) portion from the gearing/leverage, to charity.
Thanks !
@rooblertwo yeah genuine question.
Not what I meant. I'm talking post rto. So say rto is done, new company etc. I'm not sure whether to keep shares in company or cash in (that will be my dilemma post rto. As if new shares have potential, may keep in or if not and could drop, may sell.
This is considering post rto.
@kettle well remembered! Yeah I sold ncyt too early and then it jumped two weeks later. Was just thinking if same would happen to motif once becomes a new company hopefully. Whether to sell straight away or wait for a potential jump (thinking about this based on the patience we have all had with motif)
So if a RTO happens (still remaining cautious here), and our shares get converted into the new company, would it be best to sell that new company right away after the RTO or hold shares in the new company? Just thinking if that new company sp may go up/down etc, if it would be best to sell straight away or hold post RTO (if it happens that is)...
@novicehunter was looking at he1. What's the potential you reckon? Green energy shift?
Apologies, what's ARB?
Morning, so I read the rns and looks like a news that brings some contentment.
Forgive my ignorance, but does that mean there is an opportunity for an rto now with this healthcare company?
This has literally been one of my biggest investing mistakes personally. I put more than I should have and I take the blame. Gonna take some time to recover from this and this stock has taught me to start thinking carefully before investing in something in regards to significant amounts. Regardless of the ones that take the Mick on here, I feel for those who have invested heavily and trusted the company as it's stock like this can put people in difficult positions financially. For that reason, I hope there is some light at the end of the tunnel.
Rajbury - thanks for the comment. I'm kicking myself a bit for selling just before the jump. So the days of 300p are over so missed out. I'm just thinking if I should even go in now or wait for some sort of dip to gonin (right now that ain't happening)
Feeling a bit gutted. I sold 2 weeks before it shot up @388 and couldve profited a wodge if I held on for 2 more weeks (I was a holder for a long while).
Any advice anybody on the board could give. Should I wait for a drop to go in or buy some now again and I'm happy I made my money back, but keep looking at the share at what I could've pocketed (saving for a flat).
Cheers in advance :)
@bobbyfirmino. Wasn't me that said that. Take the day off.
@BobbyFirmino, so what? What's your point? So what if several wasn't mentioned. There was a lot of things not mentioned in the rns, but there also was things we didn't know would be mentioned.
Point is, all the ramping and deramping is speculative and not concrete because none of us know, not even shorters.
Best to just wait for solid evidence and take it from there (for both rampers and derampers).
And finally, this suspension will calm down the sop opera in this forum and actually focus on real concrete evidence from the company itself whole people have hope their hard earned savings is safe. That's what matters.
In a pandemic, people losing their livelihoods and it's tough out there. Let's all just keep our feet on the ground and ride out storms.
Thanks
So I've read the rns and even though it's a suspension (boo!), it doesn't seem like a negative one in some respect.
In the rns, it's said that the directors are still evaluating the different options of a takeover and will in a way, let the public know.
I think the bod weren't too fussed about the stock going into suspension, but in hope, focussed more on a deal they are happy with and after a short term suspension whilst they get their ducks in line, then reopen with some 'proper news'.
My question is, now our shares are locked in, if an rto takes place, will we have access to our money after that?
Lots of ramping and deramping, and tbh, without rns, haven't got a clue, so no point speculating. They looking into it, evaluating, just have to wait for an update rather than people banging on about what's going to happen to the company with our solid evidence.
Remain hopeful of an rto and what happens is meant to happen.
Just my input in all this drama (and even though this is one stock that has been a pain, let's just be mature about this and focus on the facts, not constant opinion. This is peoples money and some have worked hard for it and look to the stock market to help get by).
Thanks x
I'm kind of in two minds with what to do with this stock, either sell at a loss, or let the money invested go into suspension
But if suspended and rto after, won't we lose money?