Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I will happily stand corrected. After all plans can change with time and as I said the pod casts were at the start of the process after all. If it can be done by borrowing against the silver credits and without massive dilution then im all for that. Great things are afoot. No-one will be happier than me to recover my losses from CB's GLR catastrophe.
I doubt we will be involved in the mining part. If you watch the early pod casts this year LR has always had the ambition to sell it on. It's about adding value with max efficiency. We're too small to stump up the costs to start the mine even in a JV. The terms would not be advantageous. Just my opinion of course
The only thing to add is go a bit easy on the update tonight part. LR got caught out with his Sept date and has said by the end of Oct. He is waiting on lab results which may get into the updated SS. That would be a bonus. We are paying the price now for the Sept date as the rainbow chasers shuffle about. Good great or excellent is about to happen but probably not this week.
Interesting that at 29:30 LR chuckles "so many timezones". Wonder where he has been then. Sounds like the SS will also benefit from the additional lab testing that is currently underway. Better grades? Other credits? Interesting October to be expected.
He has history. Look for the directors loans in other company for travel and expenses then written off as unrecoverable. No licence is looking likely and then Zeb is worthless. I suspect BVI technicalities will be used to bite us in the arse soon. This accounts thing is a crock for starters. Seems like 4 weeks boom or bust. People say hoping for profit. I've written it all off in my head. If I can buy a stamp at the end of this I'll be surprised but I'm still hopeful if only because of the MRS shares. Did I read about directors setting up a salary panel? Or did i dream that? If so i can guess which way that is going.
First a potentially fictious non ex chairman appointment. Was he or was he Not? Now a change of auditors. That should be via an rns. Looks like rules are guidelines to the slippery one. And so it continues.....
Exactly. And when you look at the trades there isn't anything big there so far. Maybe just the one for £9K. It reflects the small free float. Hopefully we'll get the all clear to publish next week then see what happens.