Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
K3. I am not sure you do either given your figures for 2018 and 2019. People in glass houses and all that.
GIT. You have filtered anyone with a contrary view to your own. Confirmation bias is strong with you and many others. It only highlights your ignorance further. A sorry and sad state of affairs on your part. GIT, as far as I can see you haven't called anything correct. Even your otter observation are embarrassing...raised it with any ecologists? No, I didn't think so. Yet you have the audacity to call me a clown.
GIT. Your soundbites blow me away. Such wisdom.
Hbob. I like things like this...'Mining and grade control is broadly in line with 2017 FID with higher tin grades currently driving higher than expected tin production." Broadly in line, hmmmm. The he [MM] refers to the tin and tin alone. So I read into that that the Tungsten is not quite on the money and the target has yet to be hit. I know others that read 'broadly in line with' as a negative. A soft 'not as expected' if you like. That is the joy of interpretation especially where key info is missing or omitted. Roll on Easter.
MIB. No, absolutely not. I think that is a huge amount of money. Way too much to have in one share. That hit would be unacceptable to me. No experienced, or knowledgable, investor would suggest putting large sums in AIM especially as stand alone investments. That is some big b#lls. Capital is key. Stop losses, spread risk, ignore the story, remove emotion blah blah blah. I have no idea what you have invested or where or why. If new to this, and we all were, have a read of some half decent books. Naked Trader is easy to digest and another good one (recent too) is Excellent Investing by Mark Simpson. The latter allowed me to reflect on some of my strategies. I have read loads but nowt beats experience and sadly, for most, a big loss or two (me included). AIM is a mess and beyond reason. Corrupt too. Yes we all have our own set of circumstances.
That RNS is really disappointing, but expected by realists. It is a start and does show the plug works. Some of the figures people were quoting...funny. So MM how are the costs looking? Maybe the market will wake up as the day progresses. Why did they leave this until after 8.30? Seems sloppy to me. Lots of PIs will be off to work now etc and wont be looking for an RNS after 7 to 7.30 ish. MM needs to create a buzz and at 7am there may have been a bit of fizz...may.
Troajan. I could list my qualifications but it doesnt mean I built 'x' system or am actually any good at 'x'. My experience tells me that many at the top are there because they talk the talk and promoted themselves ouf of being caught out as being incompetent. Up and out.
K3. Yes, you most did say ORM was doomed in as many words.
DB. Agree. No numbers, why the delay? They are 100% known. Is MM working out how best to sell a sh&t sandwich. If the mcap gets any lower...just saying.
MIB. 5 figures down. Wow. Just wow.
CAML should move today, but it is AIM, so who knows. Scam central is AIM with an odd cherry in there and they are rarely if ever penny stocks.
Franny. I may not have kept you grounded but I would have saved you money or at least reduced your loss...I like to call it investing. I rarely mention shares here, the last one Hbob and few others did well out of. I mentioned MPAC in the autumn, great little business in my mind. MTRO has been good for trading, possible takeover so worth researching. RRE, SP is worth cash, any acquisition will send it flying. I dont pick bottoms (Troajan and Lang). I try to ID value over months and years, it is hard but pick a few and sit tight. AVON has been a corker. You can make as much money in the main markets as you can on AIM and without the risk. Certainly less chance of losing capital in big chunks, if you haven't been there then you ain't learning. I should never have left the main markets. As always peeps do your own research and never follow a tip. Must fly now...
Shame those links weren't strong enough to secure the 2 million investor or a further local loan. Be nice to see the costings to WRES for the appointment. Sorry, 360 views (that's the buzz language in my field) are contrary to WRES BB rules. Have a lovely day all.
Langtro. Sorry for the delay, work is nuts after Christmas. Crazy time is Christmas. Drink is the devil for many. Any investor worth their salt will not pay attention to EBITDA. It is made up. Other metrics are better. As you say, with those figures (if to believed) are great and any lender will throw money at it...but they didnt did they? He has struggled on this last bit. I have no idea why people are concerned about payment timelines right now. It will be peanuts until production is flying. Like p#ssin# in the sea. So who cares when the money comes, at this point it is just not relevant. Figures MM, and then let the flags fly. MM please do let investors know about the rates of the new loan and all those TnC's which you have failed to mention...hmmm. Have fun ya all especially as WWIII is coming...again ha.
Langtro. Your ability to read and understand context hinders you significantly. I know why more money was needed and subsequently borrowed. A dog with a bowl can work that out. WRES was broke and had a begging bowl out. So what is the rate of the new loan? What are the payments and how much will paying it off early (say with the grant) cost? Penalties. MM blew his trumpet at the rates for the initial loan and again for the local loan. Why not now? How much has the 5 million cost? As far as anyone commenting here knows WRES is spending big (expenses etc) and the income remains unknown. My own thoughts are that the costs of the new loan, all in, reflect the risk, and they wont make happy reading. However, the new loan was the lifeline required. Remember it is what is not said with MM. They are just my thoughts and for the many I hope I am wrong. Dropped back again. Another day closer...
Troajan. Interesting numbers re the trolls and the percentages. Can I see the break down of those numbers or are they all just made up. Some context too? Like I said, I have been on holiday. I like holidays.
Why would BlackRock (is not the same lender, or another arm of?) lend another 5 mill if all wasnt well? Seriously? The loan is against WRES . WRES fails then Blackrock take the lot. I am not suggesting WRES will fail.They have absolutely nothing to lose. Again, what are the rates of the new loan? I think they are higher. If they were lower MM would let us know. So, if they are higher then why? Why do banks lend money at higher rates? Perhaps the grant can pay that loan first. These are just my musings. DYOR. No, I haven't bought back in.
Langtro. Get a life. I have one. Been on holiday. Better things to do, and better investments than WRES right now. Remember, you threw the stone. You have so much in common with GIT in that regard. How very sad. Although I have noticed how the 'trolls' disappeared but the ramping failed to raise the SP. How odd? Obviously only works one way, silly Oldie.
Kayak, lets hope you are correct with Monday. I am going to say no RNS. I think MM will want to leave it until the end of Jan. Getting closer to the grant though...fingers crossed, good luck and salute the magpies.
I have spent some time reading up on Miton. They could have some issues brewing. They have lots of money locked up in small caps that struggle with liquidity. Miton have been selling out of a number of AIM stocks in the last few months. Woodford has come unstuck in this arena. Clients want money out, going to cash perhaps, so funds have to sell down to pay out investors. Miton have made some bad calls, well they ain't gods just investors. This then becomes a negative spiral. Miton have released information to say that they have cash to meet need, hmmmm.
On the upside, and Troajan will like this, there is a lot of chatter and charts (yawn) about a 2020 commodities super cycle with gold heading towards and beyond 3k. This would trickle through to silver, Cu and other commodities. Well time tell on both fronts.
Troajan. Will you please stop with this 6/7 clap trap. If it is 6/7 years shall investors ignore everything on an RNS pre 2013/14? Please put in YOUR entire context otherwise you are misleading people. I say yours as I think it is b/s. I think you said from point of licence. An interesting starting point but if that floats your boat, however misleading it is. I think the mine journey started when the Port-a-Loo was put in place. This mine has been decades in the making. It was already a mine before MM got his hands on it. Just remind me, what was the company called before WRES? 6/7 years ha ha. Many on here have been invested in WRES longer than 6 years.
Not in EUA. Wouldn't touch it with a barge pole. Each tot heir own I guess. Watch out for the cash call in Jan. Interesting NOMAD that is for sure. DYOR. EUA is one for those that believe in luck...or try Black Jack instead.
Remember Hbob. £200 a day for every trading day is 50k per year.
NMH you still lurking in MTRO?
Hbob. I like to help where I can. Keep an eye on PTAL and RRE (I dont do o & g but their fundamentals look really good). Q1 2020 me thinks. DYOR. Have a beer on me Bob. Merry Christmas.
I hope you took a bite. Profit is profit.
Safety...agreed...but I also like your stories.
Hbob. Always got my eye out for value. Could fly on Monday. Are those buys some of the buybacks? I think they could be. Another BUR? I would also take a look at RRE. I hate oil and gas, as i have said before, but RRE is at cash value. Ready to buy assets too. Gas prices on the up. Probs in the Ukraine will help. Worth a research and yes I am invested in RRE and may well take a dip into NMC too. I will be reading more this weekend. Finally, just as a reminder...I am not in WRES but the future remains open.
Anyone in, or taken a look at, NMC? Massive buys after hours.