Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
As is expected with a share with such massive potential short and long term, there is always going to be sharp fluctuations.
90% of the time before a rise a share is taken down...can't think why!
So Gtx1, that's you and VernetLes who plan to hold ( and no doubt fancy few more down here :-) so that's just two of you that can see the massive potential for the future...I'm sure that there are many, many people with the same idea! People are watching this like a hawk just ready to swoop and will clamor to pay well over £1 as it moves there quickly as the next two weeks vanishes.
A Purchase TR1 tomorrow would be fun or even better...a cancelation notice!! :-)
Logical and informative post! Thanks.
You make a very good case for both Short term trade and Long term investment !
In your opinion in the event of de-listing, do you think that the Matched Bargain Facility will actually be introduced for the initial 12 months? and why do you think they throw doubt on this by indicating it may not happen.... to worry Pi's into selling beforehand maybe?
Long Term VS Short Term.
Both options will end up fighting each other for the prize, and i really do expect to see above £2 before the meeting ( If an offer has not already materialised before then )
A massive squeeze on the way (imo)
Yes, and those with a whole brain will not hang around now as they can clearly see that the SP has doubled in 5 days and more than likely it will double again in the next 5 days!
HH.... Yes II highly unlikely, if not totally unlikely because of their own ways of doing things.
However, at the current price i can see more than one HNW individual see value here and take advantage....
Totally agree.... Even a TR1 PURchase from my cat would ignite this! :-)
Thursday's purchases could lead to fireworks on Monday/Tuesday... fingers crossed!
attending the meeting is a complete waste of time and money. It annoys me really as we all know that it's a 'Done Deal' and the meeting a farce, but i appreciate that regulations deem it it has to happen.
But.... is it really a done deal or is cancellation just a bluff? To me something just does not add up with the decision to de-list, but other than they are trying to flush out an interested party into action i cant think what it is!
Another thing i cant get my head around is the MBF.
The circular states ' The company intends to make arrangements for a Matched Bargain Facility'. This is intended for 12 months and then to be reviewed.
However....
It then go's on to say that there is 'No Guarantee that the Matched Bargain Facility will be established' !!
Does anyone have any thoughts on this bit?
On a positive note...... if you hold on May 26th, how much will your shares be worth on December 26th?? No idea.... other than probably heading back to around £5 per share, but then the MBF really does play a huge part in shareholders decisions in the next few weeks.
it will close in the 80's....
Cant help get the feeling that things are being held back though.... background buy maybe?
must be like what its like to get a payout at Vegas!
The quicker it rises magmanus the quicker an offer will have to be made....
Certainly would not rule out a lowball offer of £2.50 to start with.
bloodninja - Shares have to be equal in size. If you want more shares than the next person you have to pay for them and that's what is occurring here right now!
The owner of a company is it's shareholders. AA has a bigger slice by owning more of the shares.
Issuing New Shares is regulated according to how the company was set up and subsequently run. I do understand your thoughts, but as the company stands at present dilution would not achieve anything. You pays your money and takes your chances if the company is not UK regulated.
You articulated that far better than i did....
No sorry you are wrong.
Any dilution has to happen to 100% of the shares.... or not at all.
The structure of any company involves divisions that are 100 matched.
Think of it as a cake, there are no bigger bits than smaller bits.
However some have more bits than others, that at first glance makes them look like bigger bits!
Any dilution would affect 100% of ALL ISSUED SHARES privately or publicly held.
With the balance of share ownership as it stands, it will make for a very interesting outcome.
I think you are spot on in your analysis GTx1.
AA will want to own as much of his baby right now as he can obtain.
Something's brewing..... personally i think a de-list may be a bluff and magically an offer could arrive before May 25th.
If we small holders can see the potential to make a few £000's then i'm damn sure someone can see the potential to make £100,000's
Expecting the squeeze to choke this SP form £1 upwards!
Exactly! That's what i thought last night.
Surely the best thing to be able to raise money is to remain listed?
Totally agree... no one is gullible to believe the cost's excuse.
My guess is that someone is sniffing and BOD want ( and will certainly take at this price ) 100% of the company and will sell when they have it, if delisting achieves that are they worried?? nope.....
2/3 bags from here before 25th May ( imo)
the squeeze towards £1 will show itself...
Not if.... just when.
One way!
That would be nice.... back to £3.50 a share :-)
Seriously though, probably not.... but never say never with those buys yesterday.