Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Thanks News
Excellent post.
Powerful Pete spot on as well.
One of my earlier Aim experiences was Val , where directors owned less shares than most PI's.
Placing after placing kept them well paid and massive dilution occurred.
Ever since then the overwhelming factor for me has been how many shares, not options do the directors own.
PJ is the largest shareholder.
I rest my case your honour!
Deepmatter can't be too far from a break out to a different range.
There are a log of collaborations going on and the Scancell one would make sense.
I'm in both as medium term holds.
University of Nottingham and Scancell are trialling a new Covid vaccine which targets a protein which doesn't mutate, the hope being that immunity will not be effected by mutation of the other spike proteins.
Colin answered my question from this morning.
We can drill as deep as 1500m.
He also said we have not hit the bottom yet.
Already enough for a viable mine.
It was quite complicated towards the end and I'm going to listen again tomorrow and try to work the pyrite, chalcopyrite relationship out.
Going!!
So what's going on here then?
I've been quietly holding with little happening but my brain keeps telling me Dmtr is hoping to be my best share of 2021.
The sleeping giant is wakening!
I must confess to not knowing much about drilling but logic would suggest it gets slower and trickier as we go deeper.
The cores obviously have further to travel to the surface.
Does anyone know the max operating depth for this type of drill?
Let's hope we can get back to discussing the exciting developments at Bushranger .
I doubt very much they can still be drilling hole 6, unless unlike Ftf and his ego, they had Easter off.
If no cessation we would be looking at near 1500.
I expect an Rns tomorrow
Hello CE
I appreciate what you have said but they would only be able to aquire a few percent before revealing their hand, which they would not want to do at an early stage.
Its possible with their large war chest that they could make a pre-emptive bid.
4NT!
An interesting debate.
I tend to feel AA trying to build a position might well be counterproductive once they had to start declaring, as a stampeding herd may well force the price above what a more orderly Jorc fair price would produce.
I think its also worth noting that economy of scale ramp up the bigger it gets.
It's not linear.
This will increase value.
If Colin's core is proven this also adds greater value as it allows capital costs to be covered and the rest is relative bunce.
I think the 2 Mt is the trigger to a commercially viable mine, however bearing in mind the copper price is significantly higher, it would probably be 1.5 Mt now.
If it's twice the size us many times more commercially viable.
Economy of scale etc.