Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I would have far greater confidence that these forthcoming good news events/RNSs would markedly impact the sp and overall company valuation, if Avct was listed across the pond on NASDAQ rather than this tinpot grubby AIM exchange where traders scrounge around trying to outfleece genuine PI investors for the available crumbs.
Gauntlets thrown testily on the ground....
I suppose it was there for all those who had access to the new Loan covenants, to see.
Unfortunately, I didn't.
Cj62, you have totally misread my last post. Go back to school.
Any CFO worth his salt will tell you that "funding through to mid-2024" means at the very latest, best practice will be the ensure continuing cash requirements beyond that date are in hand 6 months earlier at the latest. So by year end, be ready for a funding rns of one sort or another.
I understand that yesterday was mostly about meeting and greeting Avacta team members at the highest level, but did anyone comment on reasons why the sp and therefore the IP valuation have both gone south since SD? This isn't what is supposed to happen as more positive trial data gets released.
You mean, Lukashenko has never looked so weak.
James, this isn't offshore Guyana and PRD isn't ECO. Just saying....
1. "The Moulouya Fan sand was encountered from 1378 to 1437 metres TVD MD with approximately 50.5 metres of sand versus a pre-drill P50 forecast of 19 metres."
I assume both these measurements are gross intervals, but, the result came out at 2.5 times the P50 forecast? What does that do to @Keith's gas NPVs, which were already off the page relative to PRD's £50mn MC?
2. "A rigless well test over a gross interval of 43 metres within this section between 1379 to 1422 metres TVD MD is planned to be carried out."
So the interval to focus on is this 43m of (gross) gas-prone sands. PRD had previously encountered a low ratio of net to gross pay at MOU-1, which experts here have thought to be highly conservative. What is the baseline net thickness that will move the needle over and above the P50 contingent resource number already disclosed?
Excellent sharing work everyone. Thank you.
...and if there is a 50/50 debt/equity deal being lined up, with, say 250mn shares at 16p making it £40mn+£40mn transaction, will i3e spread the £££ cost of the monthly dividend over that extra share issuance going forward? i.e. cut the per share dividend payment by the amount of the share increase, 17%?
I don't understand why i3e is contemplating raising more equity down at this level, up to 400mn shares, whilst at the same time seeking authority to buy back shares. Which is it?
Must be a heck of a lot of data to process.
Yes sir!
Excuse me. I'm on the wrong exchange, but definitely at the right end of the risk spectrum.
Fred, if you've got a tried and tested exit strategy based on excessive bullish sentiment, then I suggest you stick to it and don't get side railed by the flak on here.
Each to his own, when it comes to successful wealth generation through AIM speculation.
Scoutingforit, maybe you have hit the nail on the head there, with Baker Hughes. I wasn't aware.
Well FWIW, I added again this morning. I'm keeping faith in the management and the assets. The POO will not stay down forever, given the macro supply/demand issues longer term.
KuTo,
Based on AIM exchange experience, can you demonstrate your assertion empirically?
O&W
Hi Pic,
Sorry, I misunderstood your HZM post earlier when you said HZM had a "re-rate of 20 to 1".
This was actually a share consolidation, so no uplift at all in anyone's total invested position.
I still stand by the largest possible % gain from bottom to interim top was 6 times, with perfect hindsight, which no-one ever has!!!
When can we, and the industry professionals, get to see the PK data? Wouldn't that finally put to bed the shorts' last stand against Avct, if confirming that most dox gets through to the TME and does its job?