Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I'm a bit concerned that we haven't had any info about how the miscible flooding is going. When I emailed the PR people I got a very reassuring email back (that's their job after all LOL) explaining that they essentially had to re-construct three years' worth of back-of-a-fag-packet accounts into something GAAP-compliant and that was why there was a delay in re-admission.
I suppose that's fair enough, but I am concerned that we haven't heard good news about how the miscible flooding is going surely they could balance out the bad news of another delay with the good (if there IS any good news)?
I've emailed the PR people again and will post any reply as soon as I get it.
Good luck all!
Hi Spotify
I was in the same position last September - I bought 10k at about 0.3 as a short term ploy, expecting a bounce when Nigeria came through.
I was expecting my other holdings (BOIL, ALBA and RBW) to make me a lot of money over the next few years.
I got tied in to COPL because the Nigeria license was delayed and delayed… then, when the news about atomic dropped, I realised that there was a credible prospect of a huge re-rate (which is what we are all looking for in these minnow companies).
I sold up my holdings in the other three and doubled my stake in COPL just before Christmas. All my eggs in one basket, but I’m confident of doubling my money (at least) when we re-list.
If the Reddit lot get hold of Copl, we could easily see life-changing sums of money by year end.
I agree Shaa. The fact that the FA preferred to take payment in shares rather than cash is significant.
I’m expecting a trickle of RNSs over the next week, followed by a FLOOD of news on or soon after the 14th.
This is all to the good.
Hello Ben:
I attended the Annual and Special meeting yesterday and there was mention about the time it is taking to relist on London. He said the prospectus is in their hands and that he is hopeful the process will conclude by mid-July. He spent a bit of time explaining that the audit done for Atomic was a challenge because there was little attention paid to bookkeeping and that because it was just one person doing everything (the owner) it took considerable time doing 3 years of audits. But he did mention there are no liabilities carrying over to COPL. Art is not able to do an interview or put out any news whatsoever until the prospectus is cleared by the FCA. That is the law in the UK and also in Canada. I hope this helps and many thanks for your patience and loyalty. I agree with you!
Kind Regards,
Cathy
Catherine D. Hume
Chief Executive Officer
E: cathy@chfir.com
T: 416-868-1079 x 251
well, I just emailed the PR people as follows:
Hi Cathy
I’m a COPL private investor. I’m sure that you’ve been bombarded with angry and abusive emails, so please accept my apologies for another one. Well, let me clarify that – another e-mail. I’m not angry OR abusive; in fact I’m very grateful. I think that our CEO has played an absolute blinder (as we say in the UK) in the Atomic acquisition and I have every confidence that he is going to make me a lot better off than I was before I invested.
However, there’s many a slip ‘twixt cup and lip, as we say, and a lot of us PIs are getting the jitters. It would be HUGELY appreciated if Art could put out another interview explaining the current situation and his expectations for the short term future…
Best wishes
Ben Holst
I'm still enthusiastic about prospects (though tbh, what choice have I got? I'm locked in like everyone else) but I'll be a little PO'd if our glorious leader doesn't do some flesh-pressing to reassure us money-grabbers.
In fact I think I will email him to suggest that he do another interview to explain the current state of play.