Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Please remind me, how long until the hedge is finished with?
Oh, does that mean ANGS will get 100% of all revenues then?
And only a fool would think that O&G prices are going to plummet in the medium term, OPEC and their mates know how to play the market.
As I've said, when it hits 0.02p I'll close it out. Nice little holiday coming out of the proceeds.
I am tempted to let it roll a bit longer, but I fancy Iceland this winter. (Adrian, that's not the supermarket, it's a real place! Had to put that in there as he's a bit on the dim side).
The guns may be there in 4 weeks, but then UKOG will string out the results for several more weeks after that, conveniently taking them up until Jan before they provide the news of complete failure.
The SP will drift on it's current plain downwards, then when the failure news lands, the SP will go south of 0.02p (if it's not there by then already).
Yes, in my opinion you are looking at a SP in the 0.01s come mid Jan.
Ouchy.
But SS doesn't mind, he gets paid to do absolutely SFA regardless.
LMAO.
Only way UKOG is ever seeing a SP above 0.03p is a major consolidation. That's the only option SS has in his lifestyle playbook, they have no assets of value, huge operational costs and have exhausted all avenues to raise finance. You KNOW what comes next folks!
Poor sod, he's absolutely clueless. Needs to sign up to Gamble Addiction support to break his habit of thinking he can make cash out of a lifestyle company who refuse to update the shareholders (i.e. the OWNERS) of the company on the reality of the operational status of their crud assets.
Only gun that should be brought in now is the one to fire SS with. But the Chairman of the board will sit on his hands as he's in on it!
Only way shareholders will get the truth is to replace the entire BoD with someone they can trust!
Is he dead?
What's happening in Turkey?
What's happening with HH2z water injector?
What's happening with Loxley?
The company will delist and fold before shareholders get an honest update on any of the above! But why would the CEO or the Chairman be bothered when they are paying themselves a lovely bag of silver each month!
Everyone knows that SS should have been given his marching orders 3 years ago, but it is a spineless Chairman who's his best mate that keeps him in the role. Shareholders should get an EGM together and vote the lot out.