Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
This is a bargain just based on phase 1 & 2. Don't forget this is only 1 out of 5 ore bodies estimated to be 126m tonnes of ore and 840k tonnes of Vanadium. It baffles me why this stock is falling and is not being talked about more. Seems like one of the best bets out there.
Thanks HH, exactly the comparison I was after. Currently doing more DD into this and Ferro alloy resources. The constant fall in share price in both has got me doubting my original conclusion, but think itâs time to top up on both these holdings.
Does anyone know how much their Dundas project contributes to their mcap which can be compared to our similar project?
Rorydinho - completely agree. When Seb spoke it did not fill me with confidence. Short answers, which where predictable and didnât give any context as to what the future holds. Personally, I would be game for a rights issue if all the proceeds went to buying machines.
IMO, the market is forward looking and the fact that we have not got any significant future miners being delivered (except for the 20,000), above 5 E/H, is whatâs holding us back. They keep saying âright machines, right priceâ. If the bull run continues we may never get that price. We need some actual guidance on when we plan to fully kit out Texas. Without it, the share price will remain within this trading range.
Cheers Jeff
@600thieves
Iâm also interested to see happens with ePIC. Re-read the original RNS when they signed the deal â Expected delivery of the machines will begin in early Q4, 2021. Larger scale delivery of ePIC machines will commence in 2022.â Tried to find the most recent RNS which stated there were issues but could not find it. Would like to know what is expected to come of this deal, as it is very material and we seem to be kept out of the dark at the moment.
Cheers Hedgehog, very informative posts! On the back of this I have just re-read the RNS and LSE interview and confident that this will be, at the very least, 10x what it is today. Will dip in next week.
@Eddie
Thanks, was the machines already mentioned in the prospectus? Canât see any other news than machines shifting the share price IMO. Unless of course, we were being taken over but that would screw existing investors.
Anyone seen a timeline to eventual production, tried looking everywhere but cannot find one. From investing in Alba and FAR the penny has dropped that you donât invest in mining companies in the early stages as they just drop!
People keep saying this, but Argo have released a few videos and a machine purchase RNS during the so called âquiet periodâ. As much as I would like too, I donât think there will be much change come next week. The only drive to the share price now would be a few E/H machine purchase to rival the big boys.
Do people think this will give BTC a nudge tomorrow if the pro share fund starts trading? I would have thought this would be priced in given the media coverage, but then again expected a BTC pump over the weekend because of it.