Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Well, after 01/12/2023, he can trade 3 million shares without needing to tell the market.
https://www.lse.co.uk/rns/CYAN/holdings-in-company-9wqrxvof0kacj2k.html
That's just the way it is.
Hi tonyj
I know what you're saying but JC could have been negotiated down since then.
As the old saying goes:
"“Revenue is vanity, profit is sanity, but cash is king.”
At the moment, Cyan only have the first of these - I do hope that the other two boxes are eventually ticked.
GL
ITT
Hi tonyj
From memory, the excuse was that the higher costs related to hardware (lower margin) provided to a MENA client.
Advanced buying of silicon made no difference to costs.
ITT
There are so many opportunities out there (i.e. other small companies to invest in) at the moment, Cyan need to watch that people don't start to lose interest in them and start shifting their capital elsewhere.
It's a tad dull for a company that's supposed to be 'experiencing a period of rapid growth' IMO.
Just out of curiosity, are the two Johnsons who are regularly involved in our fundraisings related?
Simon works for Zeus and Richard works for Strand Hanson but both were working for Arden partners at the same time a year or so ago.
Of course, it's in some people's interests to keep expectations low because more cash will inevitably be needed by the company and the very same people will get more bang for their buck (and some) when that time arrives.
Hi tonyj
I don't agree, it's an AIM listed share that IC could mention, if they thought that it was a decent India play for its subscribers. For whatever reason, they obviously don't see it that way.
GL
ITT
Having taken part in the IPO yonks ago, popped in briefly to the Cheltenham shop pre-Christmas and couldn't quite believe how poor a shop it was. It was like a market stall selling tat.
Can't see that it's got a future, either publicly or privately owned. It's a shame.
Cyan shares COULD be 37% below their intrinsic value estimate i.e. 18p per share.
https://finance.yahoo.com/news/cyanconnode-holdings-plc-lon-cyan-084226352.html