Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I agree Setanta as when this hits between 1 and 1.5 there will be a lots of sells from the LTH to get back some of their cash.
Just checking in and same old stuff oh and the use of the word 'Imminent' which is usually not a good sign at all
Not sure as to why there would be more buying as so far the company has not delivered a single deal in amongst the multiple forever ongoing discussions.
Excellent point not sure
Which project is that Merchantbanker as there are supposedly several on the go oh and welcome to the board. I take it you have been invested longterm and only set up a profile now or perhaps you had another pseudo?
Imminent is a word used a lot by CEOs and board members such as NUOG. Transformational news due imminently, oh and that was 4 years ago lol.
I will only believe it when I actually see it.
Same old stuff, some new people but same words over the many years. Multiple deals, Imminent, Exciting Times, If, advancing MF deals blah blah blah. Very simple share price is what it is as NUOG have FAILED to deliver, communications has always been terrible and what about all that insider business. That was IMO a complete and utter shambles.
Voice your opinions but at the end of the day the only meaningful thing is an RNS telling us an actual deal has been done so at this point discuss, repeat and rinse and wait, and wait, and wait
WHEN indeed mcadder the eternal question from a NUOG Shareholder. End of May you say but what year?
Only £134,000 secured so is that enough to keep the lights on and if so for how long until they require more? As Simon put it ''INTERESTING TIMES AHEAD''
Not sure about a path being cleared for if news was to come it will come at any time from this moment till eternity is my guess.
Just maybe they had no choice but to do another placing as they needed money and in their calculated way had expected this share to possibly spike again via certain peoples rampings. Remember on two occasions for no particular reason this share did reach 1.8. If you look into the spikes certain people at that time had a lot to say and momentum for the share suddenly picked up although unfortunately at the end there was no substance.
Make your own mind up as to whom those people where.
The funds are low the ship is sinking so they need to follow through on actually getting a deal across the line.
All IMO at least a possibility who knows.
Great post NowNu and I was one of the posters he told to crawl back under a stone and the pond life word was used on me a few times notably Matrix 2018 who seems to have disappeared.
Oh and I imagine seadog/mbev will re-invent themselves so IMO beware of NEW posters to this BB
I agree Wobwat in that people should not blame others for their postings into buying into this share but IMO they can certainly blame the BOD for making false promises to its investors and failing to deliver on timelines.
People such as Casper, Wisecrow, LT, Seadog aka mbev have indeed IMO mislead this board though I do feel for LT in particular as I imagine none was intentional with him being so heavily invested and assume he is now very much keeping a low profile and rightly so IMO.
The decision on getting into a share should not be based on BB posters but rather research into the company and what it has to offer. NUOG IMO has great potential BUT no matter what share you are getting into there is always a risk. I got out of this share in the 90's and above and very happy with my decision as for me the BOD's communications, timelines etc were terrible and also I have to say some posters were desperate in some of there attempts to ramp this share IMO.
The company is still alive and kicking and in that case there is a possibility it will get a deal over the line so again very happy to sit back on the side lines.
I admire your determination to stay with this share but not for me anymore even if it does come back and they actually deliver the product. I would indeed be happy to claw back some of my investment I mean who would not but if the past is to go as an example then I for one will not hold my breath and IMO nobody else should.
See my post was removed I guess regarding my comment about Amit. Some people don't like to hear the truth I guess. In any case will NOT be investing any more of my money if this comes back online as have written my 10 grand investment off but as I say if it does come back on then I take it as a bonus.
As for Dougal good luck especially after your loss with this investment like so many of us on this chat.
''MFDevCo is now pursuing multiple projects which fit the GTW model. In particular, two distinct GTW opportunities are being prioritised where discussions with operators have advanced quickly so far, however, MFDevCo intends to maintain progress on its other opportunities in parallel. MFDevCo continues to build the capacity, together with its collaboration partners, Siemens' Dresser-Rand business and Marnavi Offshore, being the most recent additions, to deliver this innovative gas-to-wire initiative.''
ONE SIMPLE DEAL WOULD SUFFICE - FOCUS ON ONE DEAL
Totally agree Sharelock and for sure they will need more money in order to hopefully secure a deal. One other issue is that the majority of LTH are now at a substantial paper loss which must hurt as they IMO all thought that by now at least one deal would have been secured but helas! still in no man's land. At least the BOD et al have all had their salaries fully paid.
Roll on the next RNS