Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Was always a big complaint of mine…why are we buying at series A levels rather than Seed round. Well we’ve bought at Seed round and we are taking art in the pre-A. If this company is a great success then we make a killing at a fraction of Series A price..
Hence why we are called Seed Innovations.
Do the simple maths
Cash/receivables/liquid assets £6m
MCAP £4.5m
With an additional £10m in unlisted NAV valued at minus £1.5m
News upcoming that alters the maths above..
NL IPO
Juv series C close
Inveniam series B
LGP stock split Seed to receive like for like % in Reset Mind Sciences
Etc
Good point Longlad re our investee companies will also need to raise money.
I’ve heard that Juvenescence have raised an enormous sum. Don’t know at what price.
Avextra just done a spectacular €17m raise at quite a premium.
NL I don’t think will have any issues raising at a good price.
The last raise that was at discount within the PF?
Leap…
You must have missed the discounted raises recently on AIM Dagenham?
There is going to be carnage in AIM over the next couple of years.
Cash is King and I’m happy to let the PF produce the uplift in SP news over the coming weeks.
I’d also expect a bigger cash pot before we start spending again. We can afford to ride it out.
Dagenham you are sounding like a gibbering fool again.
Take up knitting , go chase pigeons etc
What part do you need explaining again?
The part where SP that needs to increase by 0.85p to reach cash/receivables/liquid level.
Or the part where SP is trading at 29% NAV?
Maybe the part where the upcoming news increases the NAV and therefore the discount?
The buyback?
The asset sale?
The new investment?
The unlisted NL going through with a monster IPO?
Give me a clue I can use pictures and dumb it down for you if required.
…I see you
Anyways onto Seed
Cash/receivables/liquid assets £6m MCAP £4.8m
A further £10m in unlisted NAV priced at MINUS £1m value
What news of the unlisted are we waiting for?
Juv series C close about to be announced
Reset Mind Sciences stock split- Seed to receive free like for like shares pre-list on ASX
Inveniam series B
Northern Leaf about to announce the largest AIM IPO in many a year
A sale of an asset (my guess it will be OTO)
Share buyback
In the land of the blind the one-eyed man is King..
Hasn’t always traded below NAV that’s common knowledge…
Sentiment has a way of suddenly changing as you can probably see it beginning to turn with the last 4 successive blue days. 3-4 days with 3-4% volume is all this needs over the next few sessions.
Add some of the expected news and we could have vertical movement similar to the Nuuvera monster.
Nothing at all to drive the NAV and SP up…nothing at all blah blah chimp blah
NL IPO announced at any time
RESET stock split announced will drive up LGP price
RESET possible further investment/list
JUV series C Close - source CEO
Some very good JUV news upcoming also CEO
New investment
Buyback possibility
Some of the summer triggers
Take your places or sit on the sidelines.