Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
worth mentioning as well, the fact that TK is neighbouring Saudi, wont be a surprise if Saudi will start taking serious interest in our Ethiopia projects as well. expect some TR1 from Saudi entities once we finalised the funding next mth or so
we know, Saudi has massive projects in the pipeline (such as the mega The Cube and these will require massive raw materials, incl iron ore.
we know, Saudi has engaged intimately with Chinese as they all know, Chinese will be able to help source all the raw materials.
as such, expect Chinese to come for our Zanaga assets soon. might be JV with Saudi as well.
we saw Prem from 10m rose to 200m mcap (on lithium) with chinese JV
interesting time. for ZIOC.
time to add and hold tight
saudi sovereign wealth is now doing JV for gold assets in saudi. this new entity awash with cash and will JV with other companies. i am sure KEFI is or will be in their radar. after all, we are the only few with gold in saudi.
expect news soon!
read here
https://www.mining-technology.com/news/maaden-mining-jv-pif/
RAB sold half yesterday, i wonder if we will get a new Institutional investor replacing RAB and bought their stake from RAB.
as why RAB sold, perhaps thats always been their target to reduce exposure once sp around 1p. nevertheless, they could already stop selling. even if they are still selling, only 3% stake left and that could easily be sold this week
for any seller, there is a buyer. i suspect we will see a TR1 from a new buyer soon.
yes, they have said that they have enough cash, but they have said the same before and hit with 4m placing.
equally, i suspect the financing will be delayed again beyond what they suggested this time, and making it stronger case for them to do final placing./
problem with SOU, is that placing always at very deep discount !
Richard is newbie who joined in Apr 2023 and deramping this share constantly,
my advice is simple, if you dont believe the share price not going to rise, then UKOG is not for you and nobody wants to listen to you as you have no interest in here. no need to be wasting time in the share that you have no interest in
if you constantly posting deramping showing how desperate for you to be hoping sp will go down, either because you plan to buy in cheraper, or you are paid to do so.
with many are noticing how undervalue UKOG is (look at mcap of 88E, MATD etc, UKOG mcap is too low in comparison) and with positive news soon, expect sp to rise towards 0.2p at minimum, next week .
derampers wont be happy of course.
wont surprise me if we then hit 0.3p by friday next week ready for RNS
many derampers now showing and some traders exiting with their profits.
the reality is, those sold are now watching like hawk to buy back in. why? because they know that its oil show which is very positive and across 50m (not just small area). furthermore, they are still drilling and the main target is still down there.
UKOG has seen the oil and hence very confidently tweeting. expect to rerate next week and traders will be buying back at around 0.12p next week imho
BCE is well below radar. many traders will be jumping in nearer the drilling date. so anything sub 0.2p i bargain imho
this can rise towards 50m mcap on pre spud.
MATD did 1 bag or 2, just on expectation on spudding. BCE will do better as our mcap is tiny
UKOG was 100m mcap last time when success in HH.
now, Turkey is more oil friendly (no issue with environmentalist) and with success, should be back to 100m mcap soon. current mcap is tiny at 12m.
even MATD almost 100m and still far away from any revenue!
gold price is soon to shot north, and even 1900, our gold assets worth several time more than our mcap. its will be positive news, and sellers already left. most here are still committed to holding.
i added some more past few days, into my holdings . happy to continue holding ALBA. can easily risen to 0.3p and even to 0.5p on the gold news.
not sure whether HH news will bring any uplift to sp or not
i derisk a bit of my old holding and bought into BCE (previously ADV). to me , both MATD and BCE will have success in their drilling, both coming around summer time. BCE also similar, drilling development well in June.
different being, MATD has rerated and not easy to get 100% from here, especially current mcap is already 70m.
vs BCE which has mcap only 11m and 50% is owned by institutional investors. so, its easier for BCE to soon to rerate like MATD.
BUT still holding both and i believe both will do well