Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I still don’t think we are going to get returns this year, in my view it will be post the election and based on what Labour will do regarding the EPL
The plan will say something like “Shareholder returns will commence next year inline with the Kraken lease reduction and based on the terms of the next governments Spring budget. AB still has to focus on debt reduction as number one factor to cover increased profits raid and a drop in oil prices.
I think that’s why he hasn’t bought and more stock in the past year.
Would be a very nice surprise if the company announced it had bought back 10% of the shares on the day of the results. Why not use half of the cash from the sale of Bressay/EP seeing as it can’t be grabbed by the government
When the North sea oil and Gas workers start kicking off over the risk of massive job losses and the public realise the reality and lies over the WFT and Net zero Labour will do the complete opposite
This might be a question for Stevo or MRC to answer.
Do we already have in place an agreement between the company and its shareholders for Dividends and Buybacks still in place from when the company used to pay returns or do we the shareholders need to approve it first after they were cancelled/put on hold years ago ?
Not sure that will make much difference right now Jan, would just enable a few more bigger investors to exit around this level.
We need a EPL reduction or allowance to offset debt against it and that looks as likely as a conservative government winning the GE
This government is unbelievable.
New Gas power stations but we ain’t got any Gas to run them on and we ain’t allowed to produce it.
Not sure even Diane Abbot would have come up with a plan like that !
Reality of this governments inability to run a bath let alone a country and put the people of this country first before uneconomical crusades like net zero. The country simply can't afford it and the public must fight back
These Tax raids and constant Tax changes trumps all good news coming from the corporate side.
Legalised robbery and uncertainty has wrecked any chance we had of a recovery. Unless labour change their stance towards the sector we won't see a value recovery
We have been robbed,
I'm not sure If its worth holding on any longer.
It gets worse and worse each day. The lies coming from our government is horrific and I don't understand why the media are letting them get away with it.
Going back to yearly lows by the looks of it