Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Hi Max
Don't deny what you say is a possibility.
Nother idea. Currencies used to be supported by a Country's stock of Gold or Silver such that the total money was about equal to the reserves. That ended years ago cos interest rates became so low that to borrow a zillion $ hardly mattered to Politicians. All they have to do is issue some more Govt Bonds at zero (or less) interest rates, which is great provided there are buyers.
So who are the buyers? And will they keep on buying? Heard the Chinese are buying all the Gold they can, cos they have a plan.
Result, if you have to pay 20% for Govt Bonds the whole of Western economy will go bust. China won't do that cos it will destroy their export market, but no doubt they are taking over the World (and maybe not a bad thing rather than most of our mad politicians).
Might Cost a wheelbarrow of Cash to buy a loaf of bread, then Gold is King.
BoL
Hi OWLS
I intend to get back to Bamps situation of about 50% in steady companies (builders) and 50% in growth. Then don't have to worry about selling a few shares every now and then, so see where he's coming from.
Could be getting a Divi from Ggp soon when they sell off Hav, cos they'll have more money than they know what to do with!
BoL
Hi amerloque
It was my understanding that the jury would be helped by the judge to make the correct decisions cos can get so technical. Also as far as I know the judge is responsible for the verdict. Still hoping for a settlement soon.
BoL
Hi Botbot
Looks Like you specialise in recovery stocks. Very profitable if it works, but very risky.
Simple calc Imho Nano IP worth £500m at least = Sp of 163 now + extg Sp = 10 ie 173 pps. Only way I can see that failing is Samsung win their case. Tried to look up "Samsung IP Trials" on the web but no useful answers. As far as I know they either settle before the case or lose.
Since Patents past By US Court they are law, is Samsung challenging US Law?
BoL
Hi Owls
Divis don't matter at all compared to Sp movement. I got into Ggp at 1.8 (Aug 19) now 22.875, so I can sell a few and have a bit of cash. Longer term plan is to get back into builders and get Divis paid direct from Trade A/c to Bank. Nice supplementary income, and when things sorted should be a lot more stable. Don't expect normality to return until next summer (at the earliest).
BoL
Hi RC
Assuming Hav and Scally before Xmas I expect a big rise immediately after that. I am a long term as well (only been here just over a year). At the moment I intend to hold all, until Ggp start mining - expect Sp growth to slow then, so looking for small explorers. About the only one I liked so far is Jlp. Any suggestions welcome. Think Ggp won't start mining for at least 2 years.
BoL
Hi RacingC
A word of caution. A lot of Hav value already built into Sp, hence MrktCap £863m which accounts do not justify. Don't know what MRE will reveal but only a small part of the site, so could be disappointing. Don't think it is anything to worry about cos prelim tests at Scally probably out before MRE.
BoL
Some time ago I sent a message on Share Chat, General, Lockdown. but have not had a reply.
Since then I have sent 2 on BBC but instantly deleted. Didn't expect BBC would do that.
Look forward to a reply, but please not on this Board, but Share Chat.
BoL
Hi Borac
Some wrong numbers there, Shr Iss 306m = 123. Cos TPF will take max of 49% It means Nano will get 51 - 100% of amount awarded. Also, if out of Court settlement no need to pay TPF anywhere near as much. Any out of court settlement would have to include a contract for Nano (or approved producer) to supply Samsung with Nano Dots, making Nano a viable profit making Company so + ? % on Sp and it would be an admission that Nano IP is genuine, and could lead to more Contracts.
BoL
Hi ddubya
Don't think most patents do run out soon, think the most important one (seeding process) is quite recent. This does not affect the case - if Samsung stole IP (which they don't deny) they are guilty and no need for a trial. Also Patents passed by US Patent office, so ipso, facto that is the law. Doesn't matter about Technicalities.
Mintz will hammer them, and don't worry about late payment - Mintz will do them for contempt. Even if Samsung not worried about damages they will be about Mintz getting an injunction against QLed sales in US, and get the source of Nano dots stopped.
Still optimistic cos just can't see how Samsung can get out of this (if they do the Courts might as well pack up and start playing Golf).
BoL
In answer to the two last most depressing posts, I cannot see how Nano can lose the case (particularly since Samsung not even denying they copied Nano IP). This raises a bigger question - what is the point of having the US Courts if it cannot stop big Companys from stealing small ones IP.
That is why I said previously I think Gilstrap will throw the book at them and damages (if it goes to Court) could be huge.
Why settle for less than £1Bn?
BoL
Hi Enrico
The number of shares doesn't vary (unless an RNS) so for every buyer there is a seller. The only difference is if Buyer gets his buy price it goes thru as a buy, and vice-versa.
So if a big (backgound) Buy with no limit Sellers get their sell price, yet price goes up - probably see the big buy later it should be just before the time all the sells went thru when the price was rising.
Nothing to do with MM's, and hardly worth watching.
BoL
Hi Jaguarflush
TomE will need to sell some early next year to buy his DB11 Vantage. I want to sell some about the same time to top up Nanoco, cos hoping for a settlement with Samsung before Markman hearing Mar 26th.
Very risky but they could get £1Bn or more (MrktCap £30m now), if it all works to plan I will have a lot more to reinvest in Ggp. Haven't sold any yet, av price 6.3 so very happy.
Had a look at explorers and only found 1 I liked - JLP, intend to invest there as well if good settlement.
BoL
I have sent a message on Share Chat, General about Lockdown, if anyone is interested.
This board has been so good the last couple of weeks, I don't want to spoil it by causing a discussion here about it, so please reply there if you have an idea you want to share.
Thanks
Hi TomTB
Is the Initial RE not the same thing as Maiden RE. Hope it is released in Dec and sounds like they will ignore the new areas (for now). I thought the MRE could form the basis of a sale of Ggp's land to Ncm.
BoL
Hi all
Sent a message on General Chat about Barrington, not had a single reply.
Imho the policy is wrong and with XMas on the way it needs to be discussed - not hushed up.
Incidentally, Nigel Farage is starting an anti lockdown campaign and as I said to my little daughter, you don't have to like him to agree with his views.
BoL