Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Today's RNS says it all really, no money to take on Land Ocean nut they expect to take on an entire government!
Couple that with yet another drop and it's a fantastic anniversary is or not?
Yet another joke of an RNS today, easy defence with risk assessments / method statements (RAMS) plus standard operating procedures and PPE in place. Having said that the company is still liable if someone is injured regardless.
I particularly like that they are taking steps to ensure this doesn't happen again, how's that then? Stop the non-existent production? Fold the company by stopping it on the rinse cycle?
It beggars belief that there hasn't been a single update on any of the smoke and mirrors RNS's put out.
Updates on:
LO outstanding payments?
Consultants recommendations?
Court case?
Sale of assets?
Production figures?
Ad infinitum!
Not a single tangible shred of anything from this board and for what?
I've just read an interesting post to inform that Tekmars Finance Director Sue Hurst is leaving. That doesn't usually bod well.
As manufacturing is coming out of recession the trend of sells continues without a single buy again here. Not that anyone should be surprised when there is no business to be had here.
Still what do I know having worked in oil and gas and heavy engineering for over 30 years, you would think anyone with an IQ of 152 would know better, obviously not.
Tekmar do not have the capability to do anywhere near 200ft moonpool doors. With respect to cable installation these are where the cable enters the water from the vessel.
Totally agree, someone is desperately trying to keep this gravy train going. It has had days of sells and it moves on one tiny buy and the buy and sell limits stay the same.
What a joke, anyone buying into this needs their heads looking at and the regulators should not be allowing this to continue IMHO.
More like polishing a turd I'd say.
You will need a bike without any polymer parts if oil goes, you'll also struggle to put wind turbines up without CPS or cables which both use polymers.
Dynamic floating wind in deep water is the future as winds offshore are more consistent, installation easier and cheaper but initial cost is higher at present.
You will need a bike any polymer parts if oil goes, you'll also struggle to put wind turbines up without CPS or cables which both use polymers.
Dynamic floating wind in deep water is the future as winds offshore are more consistent, installation easier and cheaper but initial cost is higher at present.
His right wing ****** conspiracy bull is fine on Twitter I don't do social media as it's full of nut jobs. The weird thing is he is pro gypsy/traveller yet totally anti anyone else, seems he knows as much about the people on this planet as he does trading, nothing whatsoever!
I take it we can celebrate with something better than past the sell by date Tesco's own brand cider you usually find in a Trolley after 6pm on a Tuesday?
The poster from the other board no one reads that you mention does seem like a real schizophrenic and one to avoid.
As for STA, I honestly think all hope faded long ago for anyone sensible enough to see it even if they can't admit it especially after the 100/1 consolidation after which the share price fell again by a factor of 10/1.
The flush is well a d truly Busted on this. Down yet again and I'd be surprised if anyone in this was breaking even, more than likely in the red which is a little more than ironic considering were the major shareholders and board reside.
This just gets better, court in Trinidad rules in favour of an employee.
Total shambles doesn't even start to describe this company.
Yet another fantastic RNS!
So Thesolia Ltd which as far as I can see was a shell company have sold off market to Preceding Max Ltd a company that seems to have no information in the public domain. Nothing at all suspicious ??
Surely we are on the rinse cycle now?
I'd suspect as the last RNS states it's more than likely the installation has been changed or some other data unknown or incorrect at time of design for the analysis that has lead to failures.
CPS such as Bend Restrictors and Stiffeners etc. have been used for decades in O&G on risers, flowlines and umbilicals the materials used are proven so it's usually all down to the sea state data provided and the installation. It always seems to me that renewables do not want to take on board the lessons learnt from O&G.
On another note plenty of other companies such as Trelleborg, Balmoral Comtec, BMP Europe etc. provide these items in O&G and are starting to do the same in renewables.
fuzz,
At last we are starting to see posts from honest posters who call it how it is and has been for years.
STA has not had a single RNS advising the market of a potential business stream let alone actually having one, its always jam tomorrow with a side order of legal action. That's a business? Yeah right!
Tesla1,
Don't forget all the legal fees paid or needing to be paid too, unbelievable tbh.
I'd think the vast majority still holding this have probably forgotten about them as they are practically worthless compared to pre-consolidation, most long term holders will be over 98% down so more than likely think they are not worth selling and holding onto the misplaced hope they will go back up. I fail to see how myself when they are burning cash with nothing to show for it.
A cash ISA will pay you more at present than this is likely too, unless you are on the inside.
Assuming you meant 10 people including you bought the horse with an even share amount i.e. 10% each? If so then surely your 10% would increase to 60% if you bought 5 out and there would now be 4 other owners (not 5) each with the same 10% each?
Oh and btw it was hardly sold, the debt is more than LO paid, as the final payment has not been made STA still own that debt even if it is written into the sale contract until the final payment is made.