Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
We didn't gain access to sandbox however, this doesn't prevent the company trading and execution of the business plan/strategy. Its just business... its never straightforward. We have a solid plan to market and these guys will always have a plan a,b,c etc. I personally believe this is a winner and will continue to buy dips gradually increasing my holding. Keep the faith.
*Sandbox
Application process
Apply online.
Application assessment. (2-3 weeks)
Panel review. (8-12 weeks)
Issue sandbox tool. (if restricted authorisation 6-12 months)
Testing. (maximum 6 months)
Exit the sandbox.
We are in our seventeenth week since the 20th February RNS. The application assessment plus panel review account for fifteen weeks, add in a couple of weeks delay at the FCA due to absenteeism. Could we see an update tomorrow? Has to be close. I've been in GST for some time now and personally (although frustrating at times) I feel the company are on track and doing everything they have said they would and more. Patience always pays.
Roughly six months from now I envisage GST emerging from the FCA sandbox, firing on all cylinders and way north of 10p. At 10p I will half my holding and take a tidy profit, sit back and let my free ride make me hundreds of thousands of pounds in the coming years.
From the website... the company sold its business, is dividing proceeds and will be delisted once completed. Madness to buy IMO, DYOR!!
"Since Monday 27 March 2023, the Company has been an AIM Rule 15 cash shell with no operating business. As an AIM Rule 15 cash shell the Company is required to make an acquisition or acquisitions constituting a reverse takeover under AIM Rule 14 on or before the date falling six months from becoming a cash shell or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least £6 million) failing which, the Company’s ordinary shares would then be suspended from trading on AIM pursuant to AIM Rule 40.
The Company does not intend to enter into a rule 14 transaction. Instead, the Company intends, as soon as practicable, to implement a members voluntary liquidation (“MVL”) of the Company in order to distribute the net proceeds of the sale of the operating business. The Company’s Ordinary Shares will be suspended from trading on AIM six months after Completion (being 27 September 2023), pursuant to Rule 40 of the AIM Rules, if the MVL has not been concluded by that date.
The Company is incorporated in the UK and its main country of operation is the UK."
I.G. showing a higher SP. Spead tightening encouraging buyers. Look happy to let this go once they nab a few stop losses. See you all at my first slice (10p) in the not to distant future. Patience pays
AIMO DYOR
GST.
Read a chat earlier... someone wondering if JB might show some interest in saving Amigo. Interesting.
Put your money over at GST. News due in the very near future may help you recoup some losses. I sincerely feel for anyone affected. Lost a bit a year or so ago in Amigo and just couldn't see past the risk to reinvest.
To anyone feeling it today, take comfort in appreciating who you have in your life and how much more they want you more than you want money.
Please that held me back from an impulse purchase. I want to read the order and its conditions/compromises Amigo have to make, once puished. Got spiked here a good while back and waited over a year to sell with profit.
First time I've noticed that happen here. Had a quote and hit buy but it didn't complete... ****
Have they suspended trading for some reason? Can't buy or sell a bean
Deals, deals and more deals ££££££
Keep hitting that refresh button!! Good luck, hope you get in
End of conversation.
Thanks for the info spawny, I'll take a look
Hopefully not teaching anyone how to suck eggs here...
I set alerts in my share dealing app for when one of mine goes up a certain percentage to alert me.
Can also pay a little and get alerts for RNS's from specific companies.
Allows me to switch off from investing and get on with life.
Hope this helps
No worries. Trying to read up between getting the offspring ready for school. The more I read the more compelling it seems. Hopefully have time today then make a decision. Have 10k I'm looking to invest which is my pot for a deposit on a home, so have to be very cautious
Judge sides with us in additional claim value, disagreed with defendant on adding additional fillings. Looks positive
Thanks Piltick,
I actually read that in and RNS last night before falling asleep.
Yeah, okay. That distance you're only looking at a couple of days travel time. I'd say six to seven days to be jacked back up in the new location.
Hi Oiler,
Unlikely they would have achors away whilst on location. We do sometimes use them to help position the rig as you'll know.
One thought is the availability of tugs for towing the rig.
On another note, and this is just me glancing/making a quick calculation. Approx 34 mil gallons after cost equates to around $600,000,000 yeah? Crazy, half that would be great. I'm guessing around $20 per barrel costs
Hello all,
Just browsing LSE site, stumbled across ADV and read a few posts. I'll bein my own DD on this company tomorrow and decide if I am to invest.
Sparked my interest at first glance as I actually work on a jack up rig for valaris in the UK.
P.S. yes, three anchors in fact! Bow, port and starboard. Looking at two days at least either side of sailing to the new location. Unsure where the rig is you refer to but may need to add on a day or so if a leg gets stuck, sea conditions are a factor also. If there's a weather window we never ever miss it.