Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Costa55 I agree with your sentiment re copper and that is the reason I'm still invested
Idealy if we could mothball the hole operation for 5-10years it would be great.
However our burn rate and political pressure to generate tax revenue's to great for that
Our big investors know this and lay in wait for there opertunity.
The company needs a strategy to monetize the asset befor we run dry
And so the struggle continues
Who wins is any body's geuse
Daniel10 you need to do some maths
Take the total money paid minus the money you received for your sale to get your total outlay at that stage .
And divide that amount by the number of shares you own to get the average
On Hl platform it automatically works your average for you.
Happy to be corrected if I missed something
HI Quady if we start production in 2026.
When do you think dividends would start?
Would it be 4years after that when we have repaid our borrowing
Would it be deferred and spent on othere projects ?
It all seems to keep getting pushed further into the future
Well copper isn't worthe prospecting for if this much risk and money and success amounts to this what is the point ?
All I can draw from this is copper must be woefully under valued compared to the cost of finding and producing it
Any tips on where to get exposure to the raw materials;-)