Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I quite Malcy’s style but you certainly can not base your decisions on what he says/ thinks.. he makes numerous assumptions in that response to your pertinent question. The only fact we know is the exclusivity is over. We don’t know anything else for sure. Also we must remember there are 3 party’s in these negotiations so it’s not just a case of BPC being even able to accept a poor deal. BG has to accept also...
Agreed. The only fact we know is the exclusivity is coming to an end. They could still be negotiating etc we just don’t know.... and we must not forget there is a third party in these negotiations BG - I personally think they are the stumbling block not BPC...?
If mixed with other positive news of progress in block 20, etc.. then hopefully will be minimal decrease in SP?
The only fact we can take from the rns is that exclusivity has not been rolled on for another month. It is pure assumption that the major is no longer interested. Big businesses deals have many twists and turns as they negotiAte with each party trying to leverage the deal in there favour. This could be the major seemingly pulling away from the deal to soften BPC OR BG..
This is just confirmation of the transaction executed last week on the 8th..
I didn’t really believe in them but no other reason for being down 11% at one point this morning - great opportunity for topping up as no way it this going to be a red day!
Would you invest in a business that had 6 chances of success,20% up to 75% COS?
Agree. From my limited experience when 2 businesses 'merge' together any Director share bonuses/ability to take dividends etc are changed or usually stopped and written into the new shareholders agreement. So a very promising sign indeed.. AIMHO
I think SCC will see this for what it is and if anything will actually be counterproductive to their cause with their hilarious statements and arguements.
Plotting the 3 sets of flowrates over set time periods outlined in the RNS would suggest consistent flowrate achieveable of circa 390 bopd? Happy Days :-) IMHO
It’s not exactly in outer space and with sooooo much riding on SL and WH the price of a few £K’s to get there and camp for a few nights???? Looking on internet there are companies who will arrange it all for you - worth clubbing together to get the gossip early doors!!?? A Fool on the Hill event lol
Thats great, thank you Renegade I hadnt come across that video - yep sounds pretty conclusive with the whole West to East thing. All systems go next week then!
Maybe they have but still negotiating the finer detail
Cheers for feedback - yes can't gelp thinking we are on the cusp of something huge with the Weald - let’s hope SCC make the right decision.... I think they actually will :-))
Exciting times for ANGS and want to increase holding but 8th Aug is a little worrying - do we have a quantifiable % of a favourable outcome? Any hints from any corner?? Gla
2 x increases in Holdings - surely this would indicate positive news??
Never been so excited to be alive as now ( yes a bit sad!) with a number of oily prospects coming to fruition. MATD takes first prize with events promised for next week. Just a thought to make it more ‘real’ to us PI’s and just like UKOG with the legendary ‘photoman fool’ there to boost the SP - anyone fancy a holiday to Mongolia?...... don’t know about anyone else but I really think MB is going to be my hero!!!! Onshore not offshore :-)))
I think it’s reakly really important to look at the business from the management POV. As PI’s I think we need to accept we are never going to be 100% “in the know” of all the influencing factors of running a business. Yes PM need to keep us on side as much as possible but sometimes they will need to make decisions that will p1ss us off - that’s just the way it is. I believe in “keep it simple” - we have an end goal that actually isn’t that far away - the result of 6 drills all within a favourable eco/political environment. SL is almost seen as an inconvenience due to low COS but can you afford to be out of the game??? I’m in all the way Happy Days!
That is in fact exactly what MB should do, surely? To give us some idea of their motives for the 2nd placing etc. It’s easy to knock management just because they don’t run the business to your particular advantage - they are in for the long-term/ stable outcome. If this wasn’t happening I’m sure you’d be complaining about “lack of communication” blah blah blah - well tomorrow is your chance to ‘ave a word’ with the man himself - are you going to take it??
Well I take this as a positive step forward..