Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Yeah, MMU leaves in Jan - nice timing to put it in the European Refinery
Here here - don’t invest in Aim, forex, futures etc if you’re going to moan about volatility. Non execs - commonly get between 30k-50k plus extras, head teachers 100k - 250k plus loadsa hols. Nurses less but get rewarded in feeling good about helping humanity. Different courses for different horses! ir visa-versa
Zumore, If what you say is true, then it was totally aimed at you and naivety if you think otherwise.
A complete disgrace " if " that really is what was said. Personally I would never dream of leaving that matter to rest. Having been and still CEO of companies, that is unacceptable on every level and personally I am rather shocked to hear this.
Magic - what happened to those shares? Your surely not implying they were given away? - although I know hindsight it may feel that way. I am not supporting their decision. It was disastrous for shareholders but kept the company alive. I am hoping for a rise and you are correct the whole story is not always shared but I truly believe that redrock are in the best position that they have been for 2-3 years and could be a recovery stock. I know all our patience has been truly tested
Magic Personally I like your posts although very very repetitive. It’s always good to see the negative stance as well as the positive stances. I see both sides and time will tell which side I sit eventually. What I like about Bell He cuts deals - albeit not often good ones but unlike RMP and many other small Cap companies, that sees nothing for years -he makes deals. This company as you have mentioned has failed so far long term - 9m for a co worth 4m., I still believe Bell and co were unexpectedly caught out by the Bear, and did everything they could to keep the ship alive- although at heavy detriment to the shareholders and say dilution the Shareholders to smitherines..I just hope they remember who has propped up the company over many years are the LTH shareholders. I dislike the lack of detail however from Mgt and personally think they sadly overpay themselves for the amount of work possibly engaged. After all they are running two Companies so effectively working 2.5 days per week per co. I am all for large bonuses to directors on superlative success. Greenland just fizzled, Shoats lack of info, what’s are commitment now MYN are out., candy sweets, elephant oil. This is the stuff that causes great distrust. You raise good points, with warrant and CLNs and also the return of divis to shareholders from JMS, however for now I am interested in what happens over the next 12 months if those returns are solely to enhance Mgt quality of living or invested in potential company changing projects. I hope the later and am Willing to see what brings us with Cobalt and if Magori is another red herring or not. A farm inpartner for cobalt will in my opinion transform this company. I am happy with 0.80 until August 22nd and even a short term drop for November. After which I hope there are significant rises. I think if nothing else the company now has income being derived to pay on going expenses, so not at the mercy of debt collectors banging at the door. Pretty happy to Hold. Atb and my personal opinions only
Andrew, when are we going to see proper movement in the SP, crystallisation of the assets. A complete re-rating.i would like to see Jupiter on the main market, purchasing the local port to reduce costs and co trol of iron ore, a farm into Congo and Kenya. Shoats creek info and elephant oil.
Thank Goodness. At last a clean bored which has not got endless spats and tick for tack pointless arguments. Wondering about the Herraras, but an excellent point has been made, that stability of water must have surely been the very first question. I am always worried with the shareholder ownership and the possibility of a revolving door mechanism in place. ie. Land Ocean rack up debts, Range can�t pay, Land Ocean buys repurchases under a new Co.
Agreed, 1/2 billion is nothing in real terms for KSA.. and that’s an if...if those are really the true savings. Hoping for a decent spike and a fundraise to give the final 18 months a chance after which I would truly consider this party over.
Couldn’t agree more. Two things this appointment says 1) the New CEO is the perfect fall guy - he takes the heat off that hopeless previous CEO but if it comes good all credit to GB if not then blame the new guy - if he is so hot he wouldn’t be working for 180k. - why such a short contract - why not a position on the board - where is the incentive plan 2) added expense to the income statement - would have been a much more positive RNS if GB had stepped down to make way for new CEO. In addition 3) China and surrounding areas to Philippines is hotting up making that/the only asset looking more vulnerable In my opinion - the Mgt and board have been one of the most incompetent lazy teams on AIM- carelessly farming in at high risky rates (Puntland and Hawk) and not spreading risk, and with a fairly comfortable balance sheet continuously depleting it over three years without achieving one additional producing asset to create an income to develop on. Competence 0/10 - my personal opinion
Yep, very much CESPA are producing. Believe this now.
Yep, very much CESPA are producing. Believe this now.
That's what it will be - 1p and you know I may put some in at that level. I've read the RNS again and the bit that really concerns me is this one sentence - forget the ...bit that says.... then they may no longer be in a position to support the project etc. - this bit is the real tale tell sign - Whilst Quadrise will continue to review parallel options to progress this project with an alternative refinery partner this is unlikely to be deliverable in the short-term - I read this as Refinery are walking away. That means the 5-25m tonne burnt has disappeared. A fiasco beyond beggars belief. Are they also shutting down the University of Surrey move?
A couple of typos