Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
As our close neighbour to Black Rock any good news will have positive impact on us! Both are in Graphite and they already good signed binding offtake deals with Chinese. The whole world is in China for EV Batteries.
DFS update is imminent so can drop anytime and binding offtake from Chinese will follow it imo.
World need batteries and and Graphite is %60 of the material used in them so got the best quality.
I guess many should also know there always most cases company relay third party to bring results, so once they got in hand they will release it
I dont agree Jux, company has done better than many other AIM companies by delivering what promised
Nice find jsd, surely Graphite demand will increase more than expected, its next generation most demanded material for batteries.
We got the best quality and plenty of it, ACP is in the right place at right time!
Well said Nthoftheriver
Plenty day traders around, there is many news to come here and Black Rock trading hold is a another major news to us as well. There must be a big deal coming to region as they are only a few mile from us.
Its cooking and coming all together....
Agree RB.
No rush there plenty news to come, lets take the opportunity of these low level.
DFS + Offtake agreements will be real value creation news, after that mining licence and financing. by than we will be well over 10p.
These are all expected to happen in very short period of time.
There are a few things outstanding before we hit the 20s and that is:
Upgraded DFS
Mining Licence
Binding Offtake Partners
Once the above is concrete into the foundations only then does it make sense to move onto:
Finance
Joint Venture
Combination of the above
At this stage you will be looking back at the SP and wondering why you didnt take out a second mortgage and pimp your cat for money to throw into ACP.
After this stage comes the grind.
Build Mine
Start Exporting
Generate Revenue
Expand Mine
At this stage this company should be worth a minimum of 500 million which is very conservative.
Next stage is to pay a dividend.
At this point it can be listed on ftse250 provided conditions of trading have been met. Value on FTSE 250 will be that of a junior miner in a high demand product. We are looking at a project that could be returning far more that 4p a year in dividends. Dont be short sighted for 20p this is a true Warren Buffet share.