Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Hi all.
IM has been argued/discussed to death on this BB in the past. I think most agree IM will only occur when a company has conducted business with SYME and the accounts including IM have been agreed by the auditors and peer reviewed. As such, waiting for the first IM to be rubber stamped is most likely to be 12-18 months away. In that time, SYME has to get funding to stay afloat (hence the share offer). Even a trial agreement could move this forward, but unfortunately the previous ‘trial’ results have never been published suggesting it didn't do exactly what it says on the tin!!
Ask yourself whether you or SYME are here for the next 12-18 months?
Hendi. As you can see from my presence, your wrong again!! And yes I shorted (spreadbet), but I’m not part of a team. Just an investor who saw what was happening nearly two years ago and tried to warn others who offered nothing but abuse. Karma has finally caught up with a lot of people..
All the best.
To be fair, we don’t know who valued SYME at £224m or what they charged, but I’m pretty confident AZ is extremely happy with their assessment, bearing in mind he has offloaded all or most of his shares on the back of it..
Hi Lucky.
“ Thing is, why do we need a new strategy?”
The optimists may argue that the current strategy isn’t working, but with a little tweaking will definitely fly.
The pessimists may argue that a bunch of unknowns were paid the equivalent of £2m of your shareholder money to value SYME at £224m, Tradeflow at £31m, and this is just another ‘unnamed’ guru, assisting in getting shareholders money out the door and into the hands of the insiders.
But as always, DYOR and decide on which is the more probable.. A pessimist is just an optimist with experience..
Peak.
Pontiac was wrong to abuse as they did (although we see it plenty from the bull’s side, just look at The Captain} . But Hughez just posts rubbish which is not backed up by the facts or logic. You cannot condone that as positive?
23rd March 2020 Commencement of dealings.
Supply@ME was founded by its CEO, Alessandro Zamboni in 2017. It has developed an alternative FinTech platform focussed on inventory monetisation facilities which offers manufacturing and trading companies the means to release capital against the value of inventory,
For me, the start up stage was 2017 to 2000 up to the RTO. At which point they declared themselves ready to go why else would they value themselves at £224m!!
Peak,
Agree, that no one apart from AZ and JC knows exactly why JC left. But his appointment, quite rightly was viewed as a massive boost to the SYME team. A proper business leader taking on such a prominent role. You will not find a post by me stating this was anything but a great appointment. So when he left with immediate notice after only four months in the job, it can’t be properly viewed as anything but a red flag. You can’t have one without the other..
Burnley.
Agreed on the post from Danny.. But you are trying to assert that another poster is called Danny? So who’s lying to who? If you mean Pontiac then we can agree the post doesn’t look correct, but to then follow it up with trying to link this poster to someone called Danny ,as others have tried to link Castle to a rapist with no evidence is a bit pathetic. Call it out when you see it, otherwise accept it as part of the game..
Burnley.
Looking at the charts as best I can, It looks like the price opened on 29th March 2021 at 0.57p and closed around .04p. Not sure what your argument is with Danny? But he’s not far off the dates and figures!!
Burnley.
They will remain on LSE’s files for all to see, just in case people are ever required to be prosecuted for lies, but they’re not available for all to see. Lazy stuff by Jammy, but not surprising the normal folk ticked it up!!
Jamsandwich
You state about Pontiac, “Nothing shows on his posting history between 24th Feb 2021 and the 5th August 2021 so that's proof enough for me that you are a fabricator and a liar and that absolutely nothing you say can be believed.”
And yet when I search on your name, you have been here since 16th November 2020, posted 20 times and yet you only have 8 readable posts against your name and none since 2nd November 2021?? Does that make you a liar or does it mean the LSE board doesn’t keep a record of everyone’s posts. Of course, a lot have been deleted en-mass. But there are certain posters like SpecialKSteve1972 (who it looks like was on a bit to much of the sauce last night) think it’s important to save peoples posts, probably because he knows so many get deleted.
Anyways, have you even stopped to think about this, or is it just a lazy post on your behalf?
TA, do you believe the results of the GM will be required before the accounts are signed off? If so, there is a 14 day (plus listing days etc so probably 17 days) notification period, following which the Auditors will need to consider the results. It’s gonna be tight!!