Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
https://www.**********.co.uk/articles/cadence-minerals-explains-the-significance-of-bank-credit-committee-approval-for-amapa-project-fc8a66a/
Someone contacted Nigel Fitzpatrick about this very same issue and his response was something to the effect of "we don't do social media" - didn't come across well at all. Having said that, if it wasn't for James Normand - none of us would be here at all.
Let's face it -t his company has been a bag of ****e. In all my years of investing I don't think I've come across such a revolving door of directors/founders etc coming and going. Think they should close up shop and return whatever money they have to shareholders.
Oh well only another 1.6p to drop and we will all be out of our misery.
Whilst it's been great seeing the football & Wimbledon with all the crowds - I feel it has led to a sense that Covid is no longer an issue. We can all go back to how things were. The Govt seems keen on burying the figures (along with our loved ones) so businesses can make money and help them decorate their houses for free.
My son is a Junior Doc in hospital - been through a baptism of fire over the past year has messaged me the following:
"Ridiculous amount of covid now"
"Back to covid only wards"
"Even people with 2 vaccines getting it"
So yes the UK Govt may be a completely useless and are happy to let covid rip through the population but there will be other countries who will want to actually look after their people. Confident we will sell plenty of our LFTs to Europe and the rest of the world even if our esteemed leaders feel that a Chinese/American test that doesn't work well is a good "Sovereign test".
Fair point Soup but if it was me I would still like to be sitting at the table when deals are being discussed. Joanne retained as a consultant is a silver lining as it makes sense as she can answer any technical questions during the sale process.
Hope this happens bloody quickly now - I must admit there has been so much going wrong with this company I think the only way anyone will ever make any money via NFX is to write a book about it!
I agree it all points to there being a sale but if that was "imminent" why wouldn't Joanne & Keegan not want to hang around until the end? Especially Joanne - it's like running a marathon and quitting 385 yards from the finish!
Love this "Anne has streamlined the operation" FFS there are more people working at my local chippy than at NFX - how streamlined can you get? There is literally no one at home - Joanne just turned off the lights!
To be fair they have said re Accustem that they have done the necessary paperwork regarding the listing and are now just waiting for the listing authorities. However agree if they are not going to meet the end of Q1 timescale then they should at least communicate this to us. So they still have a few days left. I would expect a RNS either way certainly by 1st week of April.
Perhaps they might surprise us on 1st April and tell us they are not going ahead with the listing as they have just received an offer for Accustem for $1billion :-)
Think the events of yesterday have shown how quickly the price can turn - trading EUA at this time would I think be a very risky strategy. I think we will be back in the mid 30s soon enough.
cfds - whilst a takeover would be great for us financially I would prefer it if Avacta stayed independent and just became a world class company and let the share price grow organically. I really don't want it to go the way of ARM where once a British company gets to a certain level it gets takeover.
Yes it has been a frustrating 12-15 months with NFX. So much potential and yet nothing delivered. You would have thought with so much interest in all things Cannabis our relationship with Ebers would have delivered something material by now.
Due news anytime now according to Anne. Hoping it's something material and not just a strategy update.
Love the intra day RNS's - keeps the traders on their toes. This is inevitably going to end up as a great metals investment company, holding shares in a multitude of listed companies.
I was thinking we would end January in the 4s but with the rate of news flow I think it might well be next week or 2.
From my notes we have 23,259,751 million shares in EMH so @ 50p that's £11.6m? At the rate EMH is rising we could end up the year virtually all our m/cap in this and the rest for free. We are seriously undervalued even now.