Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Let's hope not, read in betwen lines, yes they have a partner and potentially more. If this was a scam he would be strung up in zimbabwe for showing up the president. I certainly didnt/don't want rns saying oh there was a rumour etc etc and it's untruth etc, no that's just silly. Great rns, happy with that.
Yes already tested but this was on a much bigger scale and improved results. This was a significant rns and in normal market conditions this would have flown. This market wants shares that generates cash so once off takes and funding is done we will get rerate plus we are entering summer period so lower volumes. Its just a waiting game here really, unfortunately most investors are not prepared to wait, oh well their loss.
Excellent news on testing. Let's rocket forward.
Well at least that's the fundraise out of the way so as soon as people settle down it will move forward.
What you read tea leaves or you feel it in your waters. Ya I don't believe africa exists either! Youare funny.
Yes my biggest fear with bres is that the company will be bought out, ya ya 20p now sounds great but the potential here is massive, utterly massive. I know people keep quoting this broker target but if you look at the figures it's extremely conservation on their valuations with discounting here and then then another discount just fir the sake of it (and obviously this is a valuation now not when financing for dfs has been received or when dfs is done or in production. I don't understand anyone selling now!!!
Whatever the price DFC will pay a max of 50% which is amazing (but no more). So if costs run higher DFC will still pay 50% but upto a top limit ($4.5 million) for the DFS. The real biggie is that DFC could help with 100% finance for the main production stage, now that would be brilliant.
It's the people who are involved now, not just the money!!!
Woow that's an amazing deal. This is certainly not going to be a boring share now, crickey I was going to sell this a few days ago, thang9d I didn't, its a keeper now. Oh I love dirty thermal coal, bring it on!
Pictures of lorries full of washed coking coal leaving the site is all that's needed for the start of rerate then once payment is received we are sorted. Then get that other 10,000 tons pm sold. Coking plant, jv? Another wash plant etc lots to look forward to. People are just bored, so just move on to the next bagger, if all goes well then cgo will bag. Like alot of shares at present its a boring waiting game.
This could potentially be a mega bagger but it's at a very early stage and in the current market no one is interested in small cap resources especially early stage. These are the times to accumulate. Probably be quiet here until September when interest will probably return. So until September goodnight everyone.
Delays happen. Wash plant is now operational. Obviously the key event is the first sales. I am here for the coke, with insignificantly higher margins ($300 per ton instead of $80 per ton for coking coal which is still excellent, obviously you need though 1.5 tons of coking coal to get 1 ton of coke). Cgo in excellent location to supply steel works in zimbabwe and south africa. South africa has loads of thermal coal but not much coking coal so they import loads of it. a few more wash plants would be great too within the year. I have no worries about cgo now! Negativity happens in general down markets , simples!
I take it that pan fried wants to buy more glr, ya can't blame you,glr seems a good one.
It might only have displayed 3 trades today but I can tell you that I added an extra 584,774 glr shares today across my different accounts so I think that was 4 different trades, I paid 1.19p and 1.188p. I checked and I have the new shares but ya weird not displayed on daily trades.
That's the major major point, collaboration. They are not doing this for free in the goodness of their hearts, they want our licence, how exciting.
A con of a country!!!! Well let's list some con countries, you can start with China, India, all of Africa then, most of the Middle East, south America, Mexico etc etc. So not many countries left to trade with. As for Zim not liking the British, its strange that they are wanting to get back into the commonwealth then!!! As soon as cgo gets into production this share will soar, hopefully this week but I am happy to wait. Then it will be the derampers saying oh its only an off take for 10k tons pm then, then it's only 20k tons pm then we'll with two wash plants its not as good as 3 then with coke factory they can only produce....etc etc. Its all fun (rampers and derampers).
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I listened to the presentation, I thought it was very interesting. The company has a very exciting year ahead. Why did the share price fall but people are not patient, they want things to happen now not in weeks or months. People expect too much from these presentations, obviously if it's not in an rns it's not going to be in the presentation. Although now better entry into the share with lower share price. We just need to be patient, I am happy to see this through into production.
Woow 1.5 m shares, impressive. I thought I had alot at just over a million shares. Like the company and graphite. If the tests are fine and they get funding then I can't see why we wouldn't get at least 50p by end of year although be happy with 20p.
That's funny, raspberry for me, with the bits in it. I was hopeful that this would drop more as I was going to load up on more as its just a delay (there arealways delays with almost all companies), oh well, at least we can have some toast with that jam hehehe.
Cgo final results are in the diary for Wed tomorrow. https://www.sharecast.com//company_diary