Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
https://www.delticenergy.com/wp-content/uploads/2022/06/220614-AGM-Presentation-2022.pdf
Good to see they are committed to the North Sea. I’d of thought there is more merit in Capricorn sacking the Tullow deal off as it’s geared up for Tullow to benefit and still share Tullow debts. I’ll be sticking to Deltic Energy from a £35m cap as the industry is waiting for the Pensacola result to derisk the zechstein play.
Is they good news for Deltic today? The new 80% Investment Allowance will mean businesses will overall get a 91p tax saving for every £1 they invest – providing them with an additional, immediate incentive to invest. This nearly doubles the tax relief available and means the more investment a firm makes, the less tax they will pay.