Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Great for a parabolic trade this one….. when’s the next pump due?
0.5 d’you think?
Otherwise, any suitable catalysts on the horizon?
Yeah sure. He’ll whistleblow on the whole ODX Abingdon farce etc etc… but only after he’s sold all of his shares…???
(if he hasn’t done so already)
With free LFTs soon coming to an end and won’t rely on Gov contracts, does ODX now have a product that can recoup its position and lead to revenue and an improved SP… in time…?
(or was that a pig I just saw flying through the sky?…)
Reasonable questions on behalf of a small group of private investors for whom this is one stock in their portfolio.
Why? Does that change anything?
If it’s cynically manipulated for personal gain by members of the BoD, capitalising on COVID hype, or it’s incompetence and poor management decisions.
…but if there’s a worthy product with potential - as highly speculative as it might be, then that is the gamble this being AIM and all.
Looks like the next round of institutional holder pumping and dumping. Tweet those suckers in AZ and Co.!
Might pop over 0.2… then slide straight back to 0.15 or so.
Good for parabola trading. Not much else.
With the change in narrative regarding testing what next?
Did this company even ever actually have a product and revenue?
Hovering around 10 for most of 2019.
Was this just a cynical 2-year pump and dump or just incompetence?
Can’t see the BoD doing much other than exercising their options and selling the SP down further.
Back to 10?… or is there any potential here any more?
There’s good reasons why the company has been investing in its own shares - initially it bolsters the SP, later they can offer those shares as part of their employee rewards; later they will profit as the SP rises. Just a matter of being patient. Great buying price just now. Let’s have another round of ~400 to 1000+ yes please.
Too many people jumping to desperate conclusions here.
Short memories; previous promises broken…
The final pump from a company with nothing left to offer and no production capacity of its own…?
Skyrocketing?!?!
Investor sentiment damaged by large Director sales despite being after lock-up which might just have been expected. After several rises and profit opportunities it’s no surprise there’s a drop. All that will be required to reverse the current wave of sentiment is some solid contract news- revenue projections are otherwise good and the company demonstrates growth within a competitive market.
I get the feeling now is a good point to invest, or top-up or average-down or whatever depending on your position. That’s just an opinion of course. Patience has paid off in the past.
What a mess!
You only have to look at the history of the company right back to StratAero… frequent company name changes always raise eyebrows. The Co House structure is odd and complex. The whole Braveheart thing too… doh!...
…btw… check out “Atoms”… they make masks too, apparently incorporating copper for “antibacterial” activity… who’d’ve thunk it!
You only have to look back at the history of RMS (and StratAero) and it’s owners, the whole shenanigans with Braveheart IG, the opportunistic pumping… it’s all part of the money-making methodology. Incentivising with share equity is all part of the scheme.
A lot of investors duped - the only time to make money from this shambles was at the first spike. It’s dead now - RIP.
CLN death spiral will add insult to injury.
CLN death spiral territory as predicted…
…and a director bugging-out too… just as the Company is about to suddenly blossom, obviously.
I’m really hoping this drip drip drip in SP is reality sinking in for those investors seeing the bigger picture.
History of RMS is in share dilution and this mask venture was always an outside bet, at best. Now masks are no longer the thing.
Not sunk yet maybe, but definitely struggling in the deep water.
Wait to see what the next RNS might be… maybe Braveheart will buy out P2F…? Time for one final pump before lockdown phases out.
Abso-bloomin-lutely….. bunch of suckers to the AZ BS and pumpers on here with their own special brand of FinTech BS.
FINALLY the true picture is presented… after so many warnings. CLN death spiral funding… exec will take their share, institutional loan groups theirs and unwary shareholders have paid for it.
Debt needs paying off… no income. Share dilution - as predicted. £50million+ !!!!!! Over almost a year?!
Sorry to those who invested on the promises made… but… if it’s too good to be true… etc etc
Despite taking a confident investment this time last year it seems the hype has finally dissolved into the reality of no sale (nothing significant anyway, maybe some assets) and financing of development funded through share placings.
It’s a shame, there’s clearly value in those rocks but it’s going to take time to realise. Plenty of investors will have sold the SP down further to realise their profits from the sub-5p days and those who got pulled-in at the 30p+ level will be left holding the bags.
C’est la vie I guess but looks like the writings’ on the wall. It could be piracy after all… but not on the high seas! ;-)
Recent Pump & Dump aside this has great, although niche, potential.
Big market share once realised should pull SP back up... 450-500p target in short-medium term.
LTH... depends on competition.
FinTech about-faces?... another Hindenburg hatchet job :-)
All the usual bullisht [sic] white noise... rampers doing their job.
Usual swing trade SP movement- good for the institutional loan investors. Wait for usual dip back down after highs around mid-0.5’s maybe (?). Then a dip back to low 0.4’s most likely. Share dilution due soon- funds are needed for legacy liabilities. How many shares on the offering you think?
...and the impending reverse share split will also be a factor to consider. Rarely met with positive sentiment. Might be good later... until then - eurgh
SP dropped off as AP sold his shares at a tidy profit and pulled in back down. We’ll see an RNS soon enough I bet.
Big Risks/big benefits... it’s a penny stock after all.
Also check out Alien Metals... similar story - big promises, bad decisions.