Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
So…. You think a share consolidation 1000-1 with a gift in kind then?
Interesting thought.
GLA
The judge could rule that shareholders receive 3p a share which would be less than 50m (a snip compared to the equity value agreed with lenders) a lot of lth would feel wiped out at that but newbies would be happy with such a sweetener, I cannot see shareholders retain much if any holding though the way things are shaping up.
GL if you are holding still.
Interesting spread pre-market btw.
GLA holders.
No vote from me, 620,000
GL all.
Tough to call, if he manages to pull off a yes vote then shareholders will only get 0,9p payout however if If it's a "No" vote this could bounce well into the pennies, many competitors would kill for the order book here (£50m) along with the growth potential, I believe they will be queuing up for a stake if his "scheme" doesn't work out for him.
GL to all shareholders here.
Just voted no, but cannot buy any significant amount and I don't have the time currently to keep hitting the button.
I'll try again tomorrow.
GLA
The KP cert has been losing it's credibility for a while now, a process designed to take value out of stones owned by criminals only to put value into the hands of other criminals.
The parcel owned by Vast is estimated to be worth anywhere from $20m to $1.05B time will only tell where the needle will land.
GL
So a mean average is the only reasonable way to interpret the figures on a parcel yet to be valued properly which puts the stones owned by Vast at over $550m a big number for an initial parcel and would most likely see an sp rerate to around 30p.
I am being much more conservative (although happy to be proven wrong) I am sticking by my 2-3p Q1 & 20-30p more towards YE.
GLA
I am surprised by the amount of interest I wonder what the offers came in at, one, two Billion?
Could be investable again if the debt renegotiations continue positively, watch this space...
The sp will drift then tick back up also tick up then drift back, so what?
The diamond parcel recently awarded back to Vast whilst highly valuable is not as significant as "the right to mine" nor is it that big a part of what is now going on with the company (Vast) Zim will play it's part however but only one of many plays that had a question mark over their viability until recently, any investor looking for a realistic chance to make the big bucks would do well to get their teeth into some research on Vast's current activities.
"A lot of people will be very surprised with vast after Q1" (not my words)
GL with any research.
No it isn't! 2-3p most likely in Q1
It could however be 30-50p later this year when all is revealed, so many game changers being developed currently with Vast.
It has been a long slog on the way down though for many holders so many will be weary and may miss the signals because of this.
GL
After October placing sp dropped 60% over time from 0.4 to 0.16 if that reoccurs it will hit 0.22 and if it drops anywhere even close I will be buying sh*t loads, as whatever happens this week it will soon be over 2p IMO
Hold strong!
GLA
I wasn't expecting this level of support so early into Q1 so my 2p+ prediction is looking like getting smashed in the coming days not weeks which leads me to believe my next target 30-50p will be this year not 2024, it depends on too many factors to be overly confident though but still a very promising start to the full rerate.
GL