Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
No comment yet from Mac regarding sale of Burgh Island. But I seem to recall they have a decent percentage invested. Could be interesting
That wore well!! However I do actually agree. Very strong buy at this price
This is main market not AIM. It is a standard listing. Could remain suspended indefinitely if that is the case
Short term risk is that note holders will want their £75k that is being paid at the "nominal " 0.1 ; so expect some selling when the shares hit the market. Long term, however, once that is worked through the target is 0.65 where Chesterfield shares are priced; and then above if the right RTO catches investors attention .
Yes; And we are in at the start. Weardale is pretty much not factored in to the share price imho. And has the potential to transform MAC
A profitable small cap company. Isn't that an oxymoron?
A company actually investing at a higher price rather than always looking for cheaper funding. Confident Mac will reward us
In this terrible market I am looking for out of love shares with solid backing. This absolutely ticks the boxes. Adding on weakness.
I only managed to get in at about 5.40 and missed most of the presentation. Anyone made notes from first 35 minutes?
Aim-listed AMTE is planning to launch a 2 gigawatt factory in 2022 and has looked at sites in Scotland, Northern England and Wales. Industry experts estimate that a facility of this size would cost in the region of £200m.
Down on todays Sunderland news but we need more than one......
Yup; pretty pointless when scaled back so much!!
With a lot of interest in shells and SPACS DKE's low market cap must make it attractive for companies looking for a listing. Is there something going on behind the scenes?
I expect it will gap down before you can get a price
For the long term. Read the research, done my due diligence. Long term hold. Two purchases at 87 today and 103 last week. Undervalued .
not at all. What we enthusiasts have to remember is that the share price has moved consistently up for several months. Some will be very tempted to ditch now there is a pull back. For those looking at the bigger picture they ( me ) will be looking longer term. Some will have made 100% profit and will move on. With price slipping back it means that new buyers will be less tempted to sell around the 4p mark
Bison seems to be doing all the right things quietly . Not noticed by the herds yet. These deals are all monetisation for the business model
https://www.miningnewsnorth.com/page/ev-batteries-to-drive-9x-graphite-growth/5754.html
Dear DKE friends. Can we stop continually talking about 100 baggers etc. DKE is a really interesting prospect and could be a superb investment. It doesn't need ramping posts saying it will 100 bag.
That is the great unknown! The enthusiasm is because of the placing which announced building a team. This would only happen if a deal was close so the belief is that it is imminent! How imminent is imminent though!??
Continued;
From the audio file the deals are around £150-200mill and DKE get around 20% of this per deal. There are at least 12 in the pipeline and 3 basically finished. At the time of the presentation pdf “Dukemount presently has three financiers willing to forward fund each deal”. So we know there are at least 3 pension funds fighting it out and more than one deal on the table.
Once one deal completes the likelihood of more completing dramatically increases.
Who is the Team for the University Deals?
Architect – Hansell Lloyd Partnership.
They have literally written the book on Design for Dementia in cooperation with a number of universities. http://www.hlpdesign.com/publications/257-design-for-dementia
There isn’t a better architect to design these homes or university accommodation.
Project Management – MDA Consulting
https://www.mdaconsulting.co.uk/projects - Have vast experience in Health and Eduction building
Legal and funding – Hamlyn Reeve
Alfred Long who runs Hamlyn Reeve is on the board of DKE Care and Leisure (the sub of DKE who are doing these deals)
http://hamlynreeve.co.uk/services.html - Again there is vast experience in this very niche field
Builders – Likely to be John Turner Construction
They are the builders on the current projects. https://www.johnturner.co.uk/sectors
Again vast experience at building multimillion£ projects for universities and healthcare.
COVID Risk
Clearly covid is a risk for all businesses. It can cause time delays. However conversely it may play into DKE’s hands…
Universities are losing overseas fee paying students and urgently need additional income. There is also a push for extra nurses and for those nurses to work in care homes.
Pension funds are finding it difficult to buy long term income with interest rates being so low.
Placement risk
DKE has just undertaken their only placement form listing on the MAIN MARKET (NOT AIM).
This was primarily to employ additional staff to complete DD on additional deals. In the next few months they will get £1mill+ from the initial 2 properties completing so I think the risk of additional placement is extremely low. If there is one it will be for a very good reason. Indeed DKE is up 100%+ from this recent placement.
Overall
This is a main market listed company with an mcap of £3-4mill. They have a proven track record of property develpement and have gathered together a best in class team to complete multiple large deals. Each deal is a x10 from the current size and if 1 happens the likelihood of more is virtually certain. This is a share for the ISA+SIPP and to watch and wait. It truly has x100 bagger potential