Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I think some positive news is incoming and there. May have been a leak. This kind of strong SP action suggests that and was seen here before EPO news, before news of Chinese investment etc.
I wonder what it is?
A buyout offer? RUS? Circum? RHA news?
In every share I’ve invested, as soon as it starts doing well, it is so predictable to find new posters appear sowing seeds of doubt.
Such a predictable pattern.
I wonder why? Are they paid by MM’s?
Or trying to buy in cheaper?
Any ideas?
D&C - I think we needed a nice consolidation period and we have had that now. Getting ready for a re-rate on news I think.
There is still some risk which is why we are not 2p yet - delays may yet occur - though looking less likely now, and we may have less in the ground that we think - though we have had some cracking assays. Time to take a call - load up, or take your profits. I'm all in.
BR - thanks for this. Reassuring that they have already earmarked the area for the mining pit.
Now all we need is some assurance on the RUS. Having said that, the Suzhou Chairman would not have come all the way if there were any doubts on that front - though a risk remains - which is why the SP is not yet 1p.
Excellent RNS. My remaining concern was that we did not know where to drill - this RNS has cleared that up.
The remaining risks - slight delay are not material.
I expect Q1 next year will see the SP re rate upwards.
Li3 + Circum news still to come…
If you believe in charts - this link to barchart.com is amazing - https://www.barchart.com/stocks/quotes/PREM.LN/opinion
`Strong buy on all fronts.'
Nice rise today. Sustained over the last month.
Funding is secured. Project on track. WE have a buyer for the product already.
Spodumene prices rising. Assay results so far are excellent - more to come.
Overall - the risks are small compared to the rewards here. I'll be holding for the long term.