Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
It was the covenant debt I was referring to, 40mm is much closer too(rereading the half year report) the one that gives the reduction from 3.1x to 2.8x for the covenant gearing. Sure they are focused on reducing that further and they have made a big thing about getting it to 2.5 and then below 2 in the long run.
It’s the unseen costs that have cropped up which causes pessimism - being pushed into loss by the write down in goodwill in Alsa, removal of covid funding mentioned after the event for example. A year without such costs would be a big help in restoring confidence.
Don’t think a positive RNS for little reason would help as people start asking why they feel the need to do it, sowing more doubt. Can’t win that way.
The underlying business was solid producing solid increasing profits until covid. Given the right environment, I mean no big macro shocks like Russia invading Ukraine, then the structure is there for MCG to recover.
Focus is definitely on delivery :-)
https://www.standard.co.uk/news/uk/national-express-paramedics-london-victoria-heathrow-airport-hackney-b1095803.html
Selecta, thank you!
If you have 3 pubs in a city centre, then covid changes peoples work patterns quite dramatically, why keep all 3?
Can anyone tell me the profit range expected? The RNS mentions it as meeting market expectations but never actually quotes the number!
Might take 2 business days to report.
Can’t wonder if this wasn’t some shifting around of holdings given 2+2=4 and all at the same price.
Post execution. Hedgies rarely give us a heads-up on what they are going to do, finding out what they’ve done is hard enough.
Today is quite a buoyant market for all given the debt ceiling resolution in the US. The director dealings are positive of course but not sure if their effect is that great (yet).