Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Strikes again…
GLA
Stamp duty doesn’t help either
Agreed
Reserves increased by 3 years?! Resign now Mitch you’re running Serica into the ground!!! [insert baseless Mercuria conspiracy here]
Glaglth
Reduced by £67m in four months and that was without Gannet coming online
Oof
Glaglth
Oil and gas tax will disappear from the agenda of the Daily Mail and the swivel eyed British public as soon as the price cap starts tracking prices down imo
Or crack
It’s tailwinds net debt, Serica with tailwind is net cash
Tailwind net debt 30/11/22 £277m
Tailwind net debt today £215m
I think the tailwind cash generation is even better than the above suggests as read on here that Tailwind paid a dividend after 30/11/2022 but before the deal completed.
Tailwind has tax credits to use against losses incurred in previous accounting period, so not so much of an impact with tailwind.
Del = deal
Didn’t tailwind pay a dividend between 30/11/2023 and todays del completion? Anyone remember how much it was?
Glaglth
This bb was all complaining about Mercuria’s high ownership percentage, so the obvious progression of the bb is now to clamour for that to be increased via buybacks, lol!
Glaglth
Absolutely love this bb :D
Fair enough works for me, I find your posts anhedonic and hysterical fwiw
Glaglth
See, told you it was MF’s fault, so is HBR
BP’s drop is MF’s fault, just wanted to get that in there before anyone else
Just wish we didn’t have cash or debt held with financial institutions like all the other companies on the planet :(
I agree, MF is to blame for having too much cash and too little cash concurrently, he simply has to go. Everyone knows too little cash and too much cash is the only way to prudently run a business.
Tailwind should have taken out the debt from a household goods manufacturer, what the hell were they thinking getting a financial product from a bank?! Boils my blood ngl. Personally my bank account is with the local chippy. MF has to go.
What happens if the bank hold on our £450m goes bust, take it that’s MF’s fault too?
Surprised nobody on this bb has blamed MF for it
fwiw I think this is well into hysterical territory now, coupled with the market trying to value serica post tailwind with the new 111m shares as completion nears
Undervalued, bwtfdik, dyor, glaglth
Anyone got any educated guesses as to the 2022 results dividend?