Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Probably a non-event, with the trite comments on how our assets possess immense value-enhancing potential, investors express a keen interest, PEPR’s close to approval, and Cornish tin and tungsten is exciting the US government, who will gift SML enough money to ease the path to production. And another year passes without any meaningful progress.
I know as many words as the current government has nationwide-improvement policies - a trifling number.
In these exchanges, there are always people the know to take advantage.
Jim, If i had known about the problems, I would have - but, as always, we are the last to find out while those in the know sell at the top.
Love it, Lupi.
Predictions?
Chesh, The proverbial buck stops with him: until he can deliver what he publicly declares, then the market will continue punishing Calidus - he has completely destroyed all the positive momentum that we were experiencing with that share, by hiding the underperforming, problematic mining operations, then by a massive dilution.
Personally, I’ll remain rationally pessimistic until Dave can - for once - deliver what he publishes on his distributed canned goods: people who bought his previous stock, opened it, ate it - and then blew out a lot of hot air as a result of slightly-off beans, of which Dave excels in the former and conveys a lot of the latter.
As I’ve always maintained: for its future progress, this company is entirely reliant on the kindness of strangers.
Marky, Unfortunately, reaching 1 AUD will now be mission impossible for us - unless Dave sticks to his plan.
Value proposition may have improved - but at the expense of a significant dilution in the company’s shares.
Highly likely that Cornwall Council will decline SML the grant: with this company, always expect the worst outcome despite the BoD’s naively - and misleadingly - optimistic soundbites.
You never know :-)
Without affecting our holdings?
Justdandy and Valuation, How would we shareholders benefit from a shell scenario?
Valuation, This country lacks any semblance of institutional competence to plan decades ahead - it’s a nationally cultural shortcoming in that policy decisions account for the short-term gains, even at the expense of long-term ones; and, yes, it’s wholly relevant to the UK’s current mining industry and where Britain should be on its pat towards productive capacity for electrification: the financing struggles by the companies involved in desperately trying to increase Britain’s presence and competitiveness in those areas are evidence of the lack of aid from our national and local bodies.
Let’s hope Cornwall Council understands what a long-term economic strategy means - as well as understanding the wider geopolitical circumstances, and how Cornwall can benefit from the West’s drive (pun intended) to become more self-sufficient in sourcing the critical minerals for electrification - to grant the monies for Cornwall Resources to start progressing towards building a tin-tungsten mine; unfortunately, I hold little faith in our governmental institutions to economically - let alone for anything - for the future: no visionary strategies since 2010. So, prepare for disappointing ‘non’ from Cornwall council, probably on the flimsy rationale that it provides little value for money - in other words, we don’t want to wait over five years for the gains - despite all the positive indicators for to SML reapply for the grant.
Interesting watch - thanks, Bitcoin.
Silly talk about this company being wound up: it makes a profit - a lot more than other AIM companies - and needs a gift - or two - from strangers, to monetise its other areas - a long shot, I know, but it’s a wind-up about being wound up.
Tarry, You old timer, you - indeed, it is.