Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
As far as I'm aware the deal has already been done, on Friday
So, I've had some feedback from the company.
''Unfortunately, for reasons of confidentiality, it is not possible to make any comment at the moment, however it is expected that an announcement of interest to all shareholders will be made shortly.''
Make of it what you want......but hopefully something on it's way....
Just find it weird that if Lecram is interested surely the difference between making a 0.5 or 1p offer is pennies for them. It's wort what, another £2m. The real money would be in cash flowing the company once the take over has taken place, which would be a lot more than offering another 0.5p per share. And for them to have made an offer in the first place they must have had the cash flow facility in place or otherwise they wouldn't have offered....
Or am I totally looking at this the wrong way?
Happy for it to creep up, as I took a position at 0.75....hoping for a bounce.
It's almost like every trade is sending it higher at the moment.....
Not if the £5.5m is distributed back to shareholders. That is twice current market cap.
I think they are long gone.
Those TR1's are from April and they've had loads of time since then to sell out...
I was expecting it to drop after the news of the cancellation vote today (although we all knew it was going to happen), as the MM's like taking advantage of these kind of situations. But it didn't......not sure now where it will go.
Exactly....so weird. Why appoint someone to look after investors relations when you are not staying on the market and the main shareholder owns 85% of the company?
Something fishy going on me thinks....but not going into conspiracy theory mode just yet :)
Tomorrow is going to be interesting. I'm sure the vote will go with the delisting, but it will be interesting how the market react. Will be have a further dip and then it comes back up or will it stay relatively level, or even rise..... I guess we will have to just wait and see
O, here we go with the small little buys again. Last time this happened the price went up by 30%
We must surely be due some sort of update here. No news since October.
I have messaged the company to ask when there is a business update due, or if we can actually have one...
2 large trades gone through just after 1:30 pm. Must have been buys as the price went up quite a bit after that.....
Well decided to get back in to see if it does a 70p ish..... Wanted to do it yesterday but couldn't get the fund free so got in at 47p earlier.
Results of the voting....for some reason I thought it was today. But see it's only on the 16th.
Loads of small trades going through....What time is the results expected?