Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Nice blue day. Great to see steady rise.
RW is going early Feb, which ties in with when all O&G players will be gathered in India..
https://www.indiaenergyweek.com/
Yeah, 6-monthly requirement on aim isn’t it
Zag…
Here's one of the best Warren Buffett quotes on investment: Be fearful when others are greedy, and greedy when others are fearful.
One would like to think there has to be one (operational update) before the trip seeing time passed since previous one.
All interesting, wonder if whoever is interested are keen to team up also for ccs.. I see the Norwegians have already arrived in India, just as they have in the UK for ccs..
https://m.economictimes.com/news/india/ongc-plans-to-capture-store-carbon/amp_articleshow/96069196.cms
Yes ssss, but NPV in presentation ($725m) only considers gas/condensate extraction from Cambay (on a 10-well model-approach scale only ). It does not factor in CCS, neither in UK not India. That’s all on top, mainly for new joiners to the board. And yes nior, Syn is already having revenue.
What a solid day, and the climb kept going for the full afternoon. Exciting day ahead tomorrow.
Hopefully also soon an update on
https://www.nstauthority.co.uk/news-publications/news/2022/carbon-storage-licensing-round-attracts-26-bids/
Thanks Gordon, really appreciate it. Fascinating considering the sizeable number of wells that was drilled back in the days. Let’s hope 2022 was the year of the necessary grind to make 2023 a fruitful year for us all.
Thanks Gordon, remember you saying you kept a detailed file. Much obliged.
Thanks gordon, please don’t if you don’t have it at hand. Do you the mcap as well you can attach?
Unfortunately not everything can be supplied via Amazon Prime speed in this field. Agree it’s taking time, which is unfortunate but rather they take the required time and hopefully get it right first time around.
A lot of flack has been directed toward the company for poor/lack of comms. Seeing they’re now active on Social Media platforms, suggest you tune in.
And the update is out, all moving forward it seems on the design / order
So overall NPV would likely be well in excess of $2bn then, for 30+ plus well? Seeing $725 is for 10-well
Model.
Thanks Gordon, nice to have it completed. And yes, I sometimes think of it as a person’s Net Worth, just in this case you have to add the time element to the calculation.
One would like to think they’ve made some decent headway on JV process by now.
Gordon, I’m not working as an accountant. I did however cover Corporate Finance in my Master studies, for which I graduated this summer.
NPV is a key tool as Conger says to help with evaluations, hence why I have been keen to see it more defined than simply “in the hundreds of millions”.
Agree conger, perhaps we can offer our services - lol.
nice to finally see a defined NPV.
It’s out isn’t it? Preview on asx