Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Antelope, don't rise to the bait.
There are plenty of intelligent investors here who can see what's going on in the industry, both at global and local levels.
Almost any board you look at on here is polluted by needless sniping - the sort they'd only ever make snide comments behind your back or on a keyboard, never to your face. I don't engage with them. Amongst the best things I've ever done are:
1. Avoid social media platforms.
2. Invest in genuine European lithium opportunities.
As far as I'm concerned, it's a nice day, whether you sit on a patio in Cyprus or in the UK!
antelope,
Snap! Since June 2016, although I did sell out in 2017, only to buy back in not long after.
I'm not alarmist: I'm just keen not to be blind-sided (I'm sure you are the same), and I certainly was troubled by Babis's assertions/tactics back in the day. Agreed, there's much more spotlight on the project now, and this project is very much in the eye of international investors & globally-potential partners.
Here's to success all round.
CRK22,
Thanks for the info. Technically, I think your reading is spot-on, and KC strikes me as an extremely capable guy to deliver. I'm no engineer, but there's good, relevant engineering input on this board. Very helpful to amateur investors in such specialised industries. I learnt years ago when trying to put one or two deals together in Eastern Europe that what goes on behind the scenes at exec level can be much more aggressive than we're used to in, e.g. UK or Australia: and in-country tactics didn't always comply with principles required under EU or English law. Hence my interest in hearing from posters either 'on the ground' in the CR, or at least closer to the current commercial realities than I can be. So response like yours are helpful to us. Keep 'em coming, please.
Folks, thanks for the interesting responses, most of which I found had value. Always interesting to compare perspectives: among other things, it's what bulletin boards are for. But with the wheat comes the chaff, and antelope's response wasn't helpful, just dismissive. A good idea to listen to other opinions, not just to dismiss them, so I'll take note of those who actually thought about the question rather than sniping at it. Beware the investor who is not alive to politics.
On the face of it, geographic location, recent SP gains and industry news (e.g VW Battery Day) indicate a strong future for EMH. I'm delighted, been a modest investor since mid 2016. But I've been in and out with EMH shares, mainly due to my anxiety when Andrej Babis (PM since Dec 2017, and previously Finance Minister & Deputy PM) was exerting what I thought was an unduly threatening influence on EMH. Around the time of his elevation to PM, there were reports/speculation that he wanted to exercise control over EMH, despite the fact they weren't Czech-owned or majority controlled. This was way before the CEZ 51/49% tie-up.
On the face of it, we should be secure with the current structure & ownership. Nevertheless it is appropriate to bear in mind that he is a powerful multi-billionaire, described by Forbes magazine as "Czech's Donald Trump". I also read that Czech authorities have interest in possible fraud & conflict-of-interest actions against him (public domain information, Dec 2020). I feel we need to keep a wary eye on the political influences in Czech Republic as this 'coming-of-age' for EMH takes shape.
I don't really want to top-slice now, but I really would like to hear opinions from some of our posters who have feet on the ground in the Republic, or are close to the politics. For example, is it likely that Babis currently has any interest in CEZ, apart from a patriotic one? Does our agreement with CEZ give us iron-clad confidence that EMH won't be exposed to downstream threat?
Any thoughts would be welcome.
I can't identify any negativity around EMH; therefore I surmise that the drop in SP is a tactical one, to stimulate a few sells, thus freeing up more shares for accumulation against either: open orders not yet filled, or those in the business going 'long' on EMH in order to profit in the near-term. Either way, in the absence of one iota of negativity, and reading the positivity from KC's recent podcasts, I feel abundantly confident in quietly holding on to the shares I've got, and (as a small, long-term holder, I'd like more!). I'd imagine Tesla may have started in similar fashion, or Microsoft, or Amazon........
Steady on boys! Listen to Hanibal. All too easy to get carried on a wave of optimism, and even easier to end up with fingers badly burned on AIM. It's not a caged animal - it's wild.
However, I topped up modestly today, sold another AIM loser in the hope that I might cover that with a gain here. Although the auspices read well, there's many a way to slide back unless all aspects of approval are approved without reservation - especially on AIM. Hope for the best; plan for less..................GLA
I tend to support MattTheBrave's view. If you go back to last year's July trading update, they used the same 'board expectations' phrase, but allowed themselves the optimism of expecting full year results to come in above plan, due largely to 30% Euro-based sales and 30% Dollar-based. Sterling Revenues were rising due to a weaker pound since the EU referendum. This year, even if sales volumes remain flat, the same advantage must surely continue? I'd guess they don't want to make a formal statement on that, because there is a risk that negotiations with the EU could have a significant impact on exchange rates, one way or the other.............? It's all a guessing game. But I'll be keeping an eye on share price and/or director deals prior to the next (Sept) statement.
Glad I bought into these. A nice, steady tick up prior to results. Good to see, and hopefully results will please II's and PI's alike. Hope for a good nudge up next week. Keep up the good work, Chris, Mary and the team!
Once in a while, we can find a company which is sure-footed and consistent. This company has never let me down (obviously subject to market sentiment, sector strength/weakness), not once in 10 years of investments has it failed me, made any unforced errors, or dented my confidence. Trade counters are always busy, now let's see if Howdens can deliver another sparkling set of results! GLA to all devotees.
I've also been here a long time, albeit not on the scale often talked about on this BB. Just as well, I reckon. FK, you post well-informed updates reflecting history at each of the well heads, but you never waver from ultra- positive, and for me it's a bit like watching for the end of the rainbow. I'll hang in, as I see no reason for panic, but I am unimpressed with the quality of RXP RNS's, and I don't believe AIM investors generally get much sympathy from AIM execs. I think they just see us as gamblers (and when all's said and done, isn't that precisely what we are?). It's abit like going to the casino: if you can't afford to lose, avoid AIM!
Folks, I hope you are right, and I wish all EDEN holders well. As I said, I like the product very much, but am concerned at the dwell time. These guys make elephant's gestation seem like overnight sensation! I will watch closely (I'm on here nearly every day) and will gladly buy back in if I perceive a real move into solid order revenues. Good luck to all, but in the meantime, keep your eyes on the acid ratio!
Well, good luck to all LTH on this board. I have finally given up and sold my holding, having been in & out over 3 years or more. I was optimistic in 2015, even went to the AGM which was upbeat: but nothing really good to report since, despite the approvals so far. While those sounded like the catalysts for orders & growth, no real evidence of major orders coming from the approved countries, never mind France. Also, I became unsettled by the minimal investment by directors. They may not be wealthy investors, but surely they'd raid the kids' piggy banks to buy a reasonable number of shares if real progress was on the horizon. I still love the idea of the product, and will watch the board for good news. I wish you all the best.
Nothing wrong with this company, so I don't see why it dropped so far this morning; certainly the trading update didn't scare me, and the final trading period is always manic at Howdens - look out for another great year-end. Unless there has been a board-room mass destruction (which there has not!), I don't see any reason for reducing my confidence in this company. Good exec team, good & continuing growth, good products, and customers queuing up at the door! What more do you want? So I topped up at 358p this morning, and happy to do so. Come on Howdens, keep it going!
This share is normally so quiet; nothing much except gentle slide in the SP. For a tick up like this, there must be at least a good news rumour. Next few days should tell. I'm just holding on (as I have been for a considerable while now). Not sure there is time left for any meaningful approvals to help out with this year's revenue though. We shall see.................................hmmm.
I am going through a similar 'Titanic' phase on my AIM holdings. I have a number of shares where my patience is being sorely tested. I agree also with Paxto's idea that Eden will be hit, at least short-term, if we vote Leave, and I have reduced my Eden holding accordingly. My other AIM holdings are (hopefully) less exposed to immediate impact after the referendum. I shall still be watching Eden closely, and I hope it won't be long before I increase the holding again - I still believe in the products, but I have been treading water for a long time on this one. Can't blame France for their long-term deliberations, as I have said previously, but when their approval does come, we will all be able to celebrate. GLA.
I feel the same as you. If we do make the error of voting Remain, we will have to fasten our seatbelts while Junker and the Brussels gang hit us with significantly increased budget contributions (they have warned us!), crackers idea of an EU army (can you imagine that working?), and we'll have no prospect of further negotiations to protect the British interest, our race there is run. Scotland won't leave us we we leave, they can't run into the EU corral unless they join the Euro (and who would opt for that?). France and so on will sulk for a while, but if 3AEY is the best way to safeguard 40% of their vine harvest, Eden will sell there. Understandably, they are slow-rolling this approval, having made a past mistake with an anti-botrytis treatment. Be resolute - Lea\ve and prosper!
Leave France behind, then! They are mired in self-doubt and bureaucracy, but I expect they will see the light eventually. This is great news today, and re-inforces our investor confidence. This rolling stone is not gathering moss, it's eliminating moss! Keep it going, Eden, let 2016 be the year to remember. Good luck to all LTH's here.
Busta, BillB, I think you will be rewarded very soon. We hit 25p last year, albeit briefly: this year, I think 25p will become a memory as approvals, then firm orders, become the norm. I have topped up once this year already, and will do again very soon, once I can free up some more cash. Nice little company, I went to their AGM last year, and was very impressed. Cash is the concern during mega-long EU approval cycles, but we are past that now, so 2016 should be a key growth year. Good luck to all holders - I am very optimistic.