Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
S45 - good summary. If the webinar had correctly been titled āInvestor Q&Aā, rather than āInvestor Presentationā then peopleās expectations would not have been inflated and deflated! As you say, seems that TK is on track for Q1 closure.
Iāve also been buying more over last two weeks. Wife and I now have approx 23 million shares at under 0.8p average SP.
In time, I expect KEFI to be proven a textbook example of wealth transfer from impatient to patient.
Still got some dry powder to buy more on any dips, so happy for Monday presentation to be a regular update with no major announcements.
Future SP depends on future lithium price.
Interesting Lithium video
https://www.youtube.com/watch?v=GTEgyPw3Ib4&t=609s
People top slicing profits at 20p broker target. Plenty more upside to come.
I sold out of Vast long time ago, but considering rebuying. I haven't been following the news updates too closely, but would appreciate some clarification if anyone is able.
The recent RNS just refer to sale of parcel of 129,000 carat diamonds, but there is zero mention of future plans to mine the Marange diamond field licence. Very little info on website, and no investor presentations!
Questions:
1. Is VAST still legal licence owner of the diamond concession?
2. What is legally binding JV status of the diamond concession?
3. What are VAST's stated forward plans for the diamond licence?
4. When do VAST expect to commence future diamond mining?
Any supporting links appreciated. Thanks
Gold in ground reserves typically valued at $30 ounce. https://munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/
128,000 x 30 = $3.84mln gross current value
$3.84 x 0.40 = $1.54mln net BMV current value