Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
That should be the subject....don’t forget like Bebeto mentions these results are for last year when the oil price was on its knees. We have a lot more production right now than last year, much higher oil prices and potentially much higher production to be added...BUY
Yes hence the huge drop in the sp last year. We are around 100% away from those highs again. However with things in motion as we speak I believe we have now steadied the ship. Moving forward I see things only getting better and better from here. Hence why I’m invested, it’s a fantastic recovery play in my opinion and a bargain at these levels. Regarding revenues coming in it surely is a money making machine, yes we have extra costs right now but those will come down in time....and much faster the higher the gold price goes.
Last July the gold price was the same as it is today and the CEY sp was above £1.80. Just goes to show how undervalued we are. The reaction has been as if CEY lost half of their production. Hopefully true value will be realized soon. No wonder so many board members bought shares recently
Decent update, debt free this quarter is a huge achievement. It seems the worst is now behind HUM with things already starting to improve.. Kourouso is also mentioned & seems on track so yesterday's panic is now put at ease. It's always best to wait for a company update rather than believe posters on here. Gold prices on the up again bodes well also. Hugely oversold & I will be adding more today
I believe gold is going on a monster run from here. Also they CEY chart is set up exactly the same....it’s just getting going in my opinion. Expect TR1 soon from institutional investors loading up. This could easy breach the highs from August last year....it won’t happen overnight but it’s very possible by year end
Hang in there...its going to reverse trend soon
It’s close to breaking out now....
That was a fantastic RNS. HUM got so much more for very little paid....and the grades are fantastic, plus still open so the drilling continues to expand and add even more ounces. All we need now is higher gold prices & that I feel is on its way :)
If you been invested all these years and not happy why hold? I smell a bit of Barry white from yr comments. The updates are due, they won’t say the exact day as these things are complex and take time...also not sure you noticed but there is a global pandemic the last 1 year so things don’t move quite as fast. Maybe we will get finance news soon, joint venture, possible huge lithium play....exciting times that’s for sure
It’s very encouraging and shows the board are United in thinking. Non of them have to buy actually and there is only very small windows in the year they can buy legally. So them all seeing good value says a lot. Most of these will all know how things are going with possible future ventures...an excellent sign
Financials due soon...my guess they will be record breaking results. I’m sure Mr Market will be happy with them. Buy the dips & remember this is a growth story....lots more upside to come. 28p broker targets suggest that also