Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Https://www.lse.co.uk/rns/WATR/full-year-trading-update-s522ft63pxc4ad5.html
Good update this morning, with some promising results.
Commenting on the Group's New Technology Product Update, Executive Chairman, Dr. Patrick DeSouza remarked:
"Our core business - American Leak Detection - is in a unique strategic position to create a true distribution platform for services and products. We have a sales footprint across the United States with approximately $150 million of annual gross sales in the US and growing, with national insurance channels and service calls to over 200,000 homes each year.
Most importantly, we address the first question that homeowners have along their customer journey to address all of their respective water and wastewater infrastructure needs: 'Do I have a leak and can you find it with minimal damage?' While on the job site to solve this first question with our proprietary minimally-invasive technology solutions, homeowners often ask our technicians for additional technology solutions to remediate or prevent other related water problems. To address these additional customer needs, we have previously invested in the technology products described today. The commercialisation results indicate that they will add to our future growth. Moreover, with our video ecommerce offering and Salesforce CRM software, we will also be able to work with third-party product partners to help customers in real-time while on the job site by offering more solutions, thus enabling continuous customer engagement which increases the lifetime value of each customer.
Given our initial success in terms of sales and the data showing the value that these offerings bring, we will accelerate the roll-out of these new offerings as part of our 2024 sales plan, reinforcing our technology leadership for transforming the delivery of water infrastructure solutions."
You obviously don't have a Scubbys .
Excuse the pun.
THE YEAR AHEAD
An ambitious provisional work programme for 2023 is divided into three phases but may be varied.
Phase 1
· Commence mill construction and prepare for milling operations
· Commence offloading and processing spoil material from Mineral Jackpot and tailings from OMCO
· Drilling at OMCO and Mineral Jackpot to follow up successful 2022 results - drillholes designed to follow up on 2022 vein intercepts.
· Fieldwork and sampling at several claim groups to generate new targets and develop existing prospects.
Phase 2
· Further develop copper potential through (1) IP and airborne magnetic surveys (2) drilling selectively at M2, and (3) additional soil sampling at Huntoon
· IP geophysical survey over the Trafalgar Hill prospect
· Further drilling at Mineral Jackpot over the undrilled western portions of the prospect.
· First drilling at the Rhyolite Dome prospect, Olympic Gold Project and other targets arising from Phase 1 fieldwork.
Phase 3
· Drill additional holes at the Huntoon claims to follow up on the long copper intercepts identified in a single hole drilled by the Company in 2018.
· Examine the potential link between the copper resource established at M2, showings at M4, and the copper potential of the Huntoon claims which may involve an IP survey, an airborne magnetic survey and staking new claims.
· Pursue the potential for rare earth elements on the company's claims.
HI Tro... 58 next year , yep Lad is in the air force now based near Portsmouth and really enjoying it...sold hear along time ago mate got a portfolio of 13 now so stream lined it quite abit,nice to see your well mate.
Merry xmas all
Good to see the company back in the field....after what seems along winter,looking forward to the year ahead.
Afternoon Tro hope your well mate.
Haven't been well again mate...had another big op....but to be honest i feel really good at present....sold that property in the salford quays' nice profit for my son....my son passes out from the RAF next week so mum and dad will be very proud next week...have you got many in your portfolio at present mate...ive got 13 at present but WATR has been life changing for me mate.