Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
On October 11, the Company received a temporary permit from the Wyoming Oil and Gas Conservation Commission to temporarily flare up to 3.5 MMCF/d of produced gas to relieve the pressure constraints at certain high pressure flowing oil wells at its Barron Flats Shannon Unit. Due to the volatile nature of the produced oil in these wells, initiation of flaring for safety reasons was dependent on full installation of vapor recovery units on each well site. Commissioning of these facilities was delayed in November due to supply chain constraints on critical components. All facilities were in place and commissioned in early December. High pressure gathering lines were also laid from two wells directly to the gas plant thus mitigating flaring at these locations. All restricted wells in the field are currently back on line with field production not yet stable, but increasing as rates are slowly increased through the optimization process.
Only been flaring since December Bolton mate, hang in there, not too much longer now before rocket emojis
It’s not worth a lot until it starts coming out the ground which is why we are where we are. Loads of potential but that’s all it is for now. End of story.
I think Charlie’s been on the Charlie. Let’s get some oil out the ground for starters. Happy New Year
Where’s the bears where’s the bears no one cares
Grandma, in the cottage, Mr Wolfe. Happy Christmas Mr Wolfe
Norilsk Nickel, in the board room, with the platinum candelabra.
They spent 2 years telling us it could never be sold as there was no DFS. Maybe they were right all along. Happy Christmas
Bulls in charge now. Boom
Trade there is no us and them, remember?! Lol
How are they running out of cash Mr Wolfe? They haven’t run out yet and they will soon have 8 or 9 thousand ounces to sell from WK. Good luck.
Poor old tricky, he’s been stalking Russian mining boards for years and still hasn’t picked up the basics.
The key document at this point in time is the certificate of discovery which is issued by the State Committee on reserves (GKZ) after the TEO or FS has been submitted. You can’t get a mining permit until you been through this stage. EUA have both for MT. Try and enjoy your Sunday everyone.
That reminds me Ryder Scott are de waxing my ears this weekend
Maybe move with production increases, 21p in January I’d guess.
Maybe farm in at some point but the market cap and sentiment tells you everything you need to know. I’ll stick to not getting carried away with the fairies. Production goes up again I’m happy.
Can’t see anyone throwing a load of money at COPL or does the sentiment suggest that’s going to happen. 10% increase on August numbers is all we can cling to.
Wait until the end of November Bolton, hopefully something Arthur says unofficially comes true!
I expect it will go up when (a) production goes up (b) better finance sorted (c) JV announced on good terms. As none of this has happened yet it ain’t gone up.
Morning Mr Wolfe. I bought in pre atomic and then averaged down much later. Good story here but it’s not exactly gone to plan but nothing ever does! If Arthur can pull this off then there is good money to be made. Just waiting about for now.