Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Muck. There's a 3 month window for conversion between about mid December to mid March.
True enough Toptuf but they will talk before about the agenda and Zak won't ask questions that Roland can't /won't answer.
Could be buci. Have mentioned that loan before. Could be both of course.
That sort of statement would be great JPP. Unfortunately, I doubt he will mention it at all.
Really, hope he puts some more meat on the bones in that mega interview.
No real way of knowing, it depends on the cash burn and how much they had left in December.
Presumably, once they are no longer the lead operator, cash burn will reduce.
It is interesting that in the announcement of the placing on 5th December there is no mention of ratification being required for those shares, only for the associated warrants.
It is hard to say how long that cash will last because we don't know how much cash they had left when they raised.
Elegance. Lol. You are probably right but I think you exaggerate my influence. No idea really what I will do. Depending on price movement anything is possible.
PJ. Whatever, I do isn't necessarily appropriate for you or anyone else. Who knows where it will be in a year or three ? Gla.
At the moment I would jump at 0.2, maybe less.
It's increasingly hard to see how Panmure Gordon arrived at 1.5p, unless it's for years down the line, but then of course, we are not allowed to know that.
Agreed Ssccss but doubt he will hold himself hostage like that as he won't know how long to approval.
Sorry, should of course have said " saying 10 million per well".
Something else that occurred to me was that Selan seem to able to drill remarkably cheaply which should boost profits a fair bit. Three wells and three workovers for 20 million ? For some years they have been saying 20 million per well. You'd think if anything it would have gone up.
Could it be because they have there own equipment ? Or maybe because the first ten wells will use the existing 77h platform ?
Let's hope for a good performance from Roland tomorrow which will give a decent sp boost.
Doubt he will say anything one way or another about a raise. I'd like to hear a bit more about the longer term drilling schedule after the first 18 months. You'd hope they would be ramping it up considerably. Maybe " Ambitious " is referring to further down the line.
Personally, I am now leaning towards getting out soon, if I can do so with some sort of profit. Wish I had done so the other day at around 0.18.
Don't get me wrong, as I said the other day, I still believe there are much bigger profits to be made here than are indicated by the terms of the jv deal.
Selan must be expecting to make multiples of what they have paid for 50% otherwise they wouldn't bother. The question is, how long will it take? Probably too long for me but the best of luck to those who are willing or able to hang around long enough.
Anyway let's see what Roland has to say tomorrow. Gla.
Hi VF. Don't have a problem with any of those groups or anybody protesting about anything within reason. The question then arises, what is reasonable ?
Can't see why anyone would have a problem with assuming Vixen means female.
Hedge. Yes there plenty of funny people about still. Never heard of Mick Miller before. Hilarious.
Hedge. A Vixen is a female fox. Not an unreasonable assumption. Lol.
I was assuming with a name like that, it was a female.
This is Joe's interview shortly after gspc agreed to sell their share to Oilex im April 2021. Really upbeat, it gave a big boost to the SP. This is the sort of performance we need from Roland.
https://www.share-talk.com/joe-salomon-managing-director-of-oilex-ltd-oex-asx-l-interview/#gs.xhtsfr
Paul. I am 75. Why do you ask?
So, did it rocket ?
Paul. I really, really hope you're right but I've heard similar so many times over the years, including when the sp was 10 times what it is now.