Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
finally got my head above water at around 1.2p. it's been a long 5 years... but onwards and upwards to a £50m Market cap / takeover.
Agreed - a long frustrating road Ridds. Wishing all LTH some amazing returns here .
Best of luck.
I am sure RBW will make money but the hard fact is that whilst they have a mega high grade producing asset, it is tiny (comparatively).
I think you are surely having a laugh with RBW mate . Obviously you need to factor in extraction, infrastructure, processing, waste mgmt , shipping etc . I haven’t got the time or the inclination to attempt that for the whole industry. Fairies don’t get the REO out of the ground.
I have completed this analysis. I think we should be seeing £1 sooner rather than later . https://twitter.com/flatracingmodel/status/1450431842058915845?s=21
It’s like a fairytale. I was pretty vocal down at 4p over the last 5 years but it feels like the market and investors have finally caught on so I’m sitting here loving watching the show. Great news again today . Note : MKA playing a blinder with the commercials . “Maginito has the first right to supply primary production, if required for blending with recycled production from HyProMag, as well as product offtake and marketing rights”
For H2. "Kylos E") with an extended battery life of ten years, DHL PoC to follow . Not dead yet .
I’m similar to Roty , although much smaller holding . Average around the high 4 p range I think - held since late 2016 - offloaded 13% of holding at 25p. Keeping the rest until buyout or nearer 75p.
It’s a simple logic rule based on the Bid and Ask at the time the trade is reported . Above mid point =buy, below =sell. Nothing sinister, other than annoying when large trades above the norm are delayed in reporting . So you need to carefully check the spread around the time of the trade to properly understand them.
Remind me why 90% of retail investors lose money on AIM. Huge sums invested at 233p after a 1500% rise in SP - my advise to that poster - cash out, take this as an expensive lesson in what not to do on AIM.
It’s not a valuation of the company , it’s an INSITU valuation of the resource, ergo, in the ground . Clearly, you need to construct a mine, process refine etc….. :-/
£6.2bn in situ M&I resource . Makes MKA (£39m MC). 1.5x larger than HAS.ASX (£203m market cap) . Slightly more advanced and better cash position but a huge disconnect.
https://twitter.com/flatracingmodel/status/1426092049615446019?s=21
It has just dawned on me that with securing 100% of the offtake, the overall value to MKA has significantly increased compared to our peer group - eg. Hastings/HAS . I’ll update and post a link on Monday . Have a good weekend all.
Just need the RNS to drop with investment from a supermajor or government and away we go to 75p and beyond !
I need to caveat this with the fact i am confident this will be 50p + by YE. If you want an honest response, you have bought far too high from a risk / reward perspective, especially at those amounts. It is AIM, and v risky. Those of us that have been here since 2016 have averages in the 4/5p range. I personally always said i would sell 25% of holding at 25p, another 25% at 50p and let the rest ride. i ended up selling 12.5% to secure stake and have left the rest to run. So while you are acquiring, long term-ers are de-risking. buying after a 600% rise is recipe for disaster mate.
Hmm. I'm not sure whether to cut and run. This has without a doubt been one of my most disappointing investments over the past 5 years.
Awful PR.
They never cease to amaze me . ….
The normalised price range for Avacta (pre Covid hype nonsense) was 15-40p - add to that the £120m placing less cash burn and fair value looks to be in the 60-80p range. The amount of sheep who bought after a 10x rise and even after a failure to deliver is incredible.