Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
If I wasn't already balls deep I'd buy more. Good progress to profitability with the existing Production and glimpses of future expansion. It only takes a Devonian to flow, or a sale of either the boat or 3AB/Dunga to transform this company. The so is depressed now to Allow debt conversion. At a low rate and then open the stop-****s for dividends.
Lots of progress/planning there. Interesting that the chemical mix and Devonian are not just mentioned, but plans and the reasoning given. So much better communication.
I have a question the rns states that Rafik Orazamin has passed on in the last year, may he Rest in Peace, was he a brother of Kuat?
Yes I asked if there had been any flaring at 801 and A8, the acid cleaning process and plans, and drilling into the Devonian why the stopped and if they would continue. I tried to be specific so they would not get away with vague answers.
The sentinel 1 images are Synthetic aperture radar so they just see metal objects as being bright, so yes nothing to do with flaring, you might be able to see changes related to activity. The infrared-sentinel2 images do show flaring, however for the last few weeks there has been heavy cloud cover so nothing can be seen.
So its basically a hostile takeover ? with 40% of the shares in agreement and they will push it though the courts? how long does that take? Could we get nearer the NAV somehow?
and this from 14 Sept appears to be where A8 is
https://apps.sentinel-hub.com/sentinel-playground/?source=S2L2A&lat=45.96472422868363&lng=54.203996656578965&zoom=15&preset=6_SWIR&layers=B01,B02,B03&maxcc=100&gain=1.0&gamma=1.0&time=2020-03-01%7C2020-09-14&atmFilter=&showDates=true
This appears to be where 801 is -
https://apps.sentinel-hub.com/sentinel-playground/?source=S2L2A&lat=46.02417432066322&lng=54.28353309631348&zoom=15&preset=6_SWIR&layers=B01,B02,B03&maxcc=100&gain=1.0&gamma=1.0&time=2020-04-01%7C2020-10-29&atmFilter=&showDates=true