Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Not sure what the two RNSs mean re holding - it seems like a share swap or is it simply a name change re the holder? Any way added today - I seriously can’t see how this can go much lower!!
Auditors: “we just found a late additional goodwill adjustment of £13.5 million” WTF! At least the banking facilities are extended until late 2024
I was hopeful for an AGM statement on current trading… seems like we will get an “all resolutions approved” RNS instead..
Remember Madrid is apparently already in profit so each ticket sold going forward adds to extra profit. Interesting also to note that although DC doesn’t think it’s wise to expand significantly KPOP events at present - the company is looking at South America for a possible event on the future and he did also mention a new venture relating to the BrickLive division - personally I think the BN could end up very conservative …
I can only imagine funding is being arranged at a big discount to sp hence the further drop today. I held and lost a packet last year so will wait for further news before adding but I don’t see the point of selling for £30 personally as you might be able to subscribe to new shares at the discount price? GL
Great webinar - no placing or going private and new CFO likely by September. Shame no update on LSBE or StartArt but maybe we will get news in July? Hopefully will buy some more by the end of this week funds permitting! GLA
Signed up for the presentation - I might submit an question on whether DC has any plans to take company private (I doubt it because he has had plenty of opportunities to take LVCG private over the years - like when the shares were 4p but there were less than 100 million shares in issue 3-4 years ago)!!!
Btw in your prior post you had “strong sell” as your opinion yet said you will keep holding to recover your losses so which one is it? A strong sell or a recover play? Don’t bother replying … btw no one is happy here - but if you actually read the 11 page broker note it gives multiple reasons to keep holding on a two year view - it’s just that the communications are crap and DC needs to stop with the promises - we can all agree on that!
Of course - he has control over the auditors and decided to get an independent broker to value the company at a potential 11p valuation so that he can make a 2p bid for the company with his 20% stake - sorry but I think he has driven you slightly insane - reported and filtered
Changing auditors is not the end of the world but not giving shareholders more notice is simply not defendable!! I suspect the explanation (knowing from recent experience) is that the auditor was delaying the start date due to lack of personnel and eventually the company decided to appoint a replacement - but obviously the company has left us guessing! There is a recruitment problem within the audit sector amongst the smaller audit firms from my experience but again this is just guesswork. We deserve a fuller explanation when the webinar finally takes place! :-(