Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I would not put it past our BoD to dilute for funding: look at Keras’s history.
A you’ve hit another nail on the head, Robsky: one never knows much from the way the incompetents word their RNSes - let alone what they do not divulge.
And therein lies the crux of the problem, Jim: the BoD never reveal the costs, profit-margins, and volumes of the products that we sell - one of the main reasons the share-price languishes in the depths of market-despair.
Could be your point on preventing a raise.
Chesh, Would not disagree - but, it’s always ifs and when’s with this company.
Put simply: this company’s misleading RNSes, a paucity of information on costs and profit-margins, and inconsistent comms have all provoked the persistent distrust in the BoD’s overall management and direction of this company.
Because this company’s historical modus operandi has always been a cloak-and-dagger operation - send a message to the market that indicates broad progress (recent Togo RNS), shortly followed by a clanger (today’s two); look back at previous RNSes, and a not too dissimilar pattern emerges.
Does the BoD care about silly little investors like us? Evidently not.
Expect only the minimum comms to satisfy AIM’s reporting regulations - abysmal BoD.
I’m pretty sure I saw it yesterday - gathering moss, no less.
Justdandy, I would like toI point out the most-appropriate word from your summary - specifically, in point 3 - to apply to the BoD and their strategy for SML: ‘winging’,
Ah, okey-dokey.
Slurm, In what context?
Indeed, Valuation - which is why I qualified the word ‘benefit’ with the adjective ‘presumptive’.
Therein lies the crux of the problem: with Togo’s inveigling - over many years - Keras into investing in extracting its manganese, eventually stingingly forcing Keras to return it to the masterly deceivers, credibility in fulfilling its commitments tumbles to all-time lows; partly reflected in the currently low share-price.
Their slow, value-decreasing record of deal-making does not instil confidence in investors.
Moved from hindrance to presumptive benefit - https://www.gov.uk/government/news/uk-and-us-launch-first-of-its-kind-economic-partnership
Tapman, That’s a cracker.
Hmmm… https://www.mining.com/bhps-xplor-looking-for-more-copper-nickel-exploration-projects/
Justdandy, That’s a speculative statement - I hadn’t realised that you are now the PI’s nominated spokesperson.