Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Try reading numbnuts:
‘These results are in-line with Deltic's pre-test expectations based on the reservoir parameters derived from the well. Being located down dip, the flow rates observed during the well test are not expected to be representative of flow rates of potential future production wells which would likely target the central part of the Pensacola structure and are expected to generate higher rates.’
We were always going to be making new highs after the last superb news release, it just required a little patience. For people that know the Avacta story it was ground breaking stuff but it wasn’t exactly an in your face £500m license deal with £100m up front, that would have sent us instantly into orbit. Fortunately those days are still to come :o) GLA
'Crowfoot
A 166 would be a 12 month high. That is why I was excited in my post yesterday willing it to break the resistance level. As it happens it’s held up really well. So all is well.'
Toukankahmoon,
If you want to be pedantic, the intraday 12 month high (ie. highest price paid) is 168 on 18th January. However that wasn't the point I was making as you well know.
A substantial license agreement for AVA3996 as alluded to by AS at the last results presentation will abate the need for a Nasdaq listing until TO imo. I sense a mini bull stampede later today as the bears runs for cover. GLA
Yep it certainly looked like the bears were determined to keep it down. Even at the end of the session when it looked like going blue there was a couple of chunky sells which put a lid on it. Obviously Monday morning will show us if we've seen the bottom or not.
Historically I've always looked at 10 trading days after news to get rid of anybody who's bought on extended T+10 settlement terms without the intention of ever settling. Friday was T+8 when normally you would have to pay up or close at a loss on T+2. May not be relative here and just my musings. GLA