Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Anyone else feeling it after this week!
I just can’t stop thinking if GC wanted to walk away why didn’t they notify HEMO they wouldn’t take the option at the end of the agreement in Jan? There’s something bigger in play... why else would Vlad be ‘pleased’ with the negotiations? It’s been a sh*t week and we all have a right to feel f**ked over but we are yet to hear the full story.
I don’t think the release of an RNS today means that we won’t hear anything further next week. If GlobalCo do not exercise the option by 11 APR - Hemogenyx have 3 months to exercise an option, followed by 6 months to reach an exclusive licencing agreement. Therefore, at the very least we will hear of an option to licence if they want to proceed - and if Lunus is correct, this may include full terms.
Roley I don’t think it is ‘clear’ they are not long term holders. Perhaps they have elected to reduce their exposure slightly? Or perhaps they have decided to offload just under 3% of every tranche drawn... the fact is that we don’t know. If Mint decide to screw Vlad then why would they draw the remaining 48mil? Like Vlad said- they had around 6 financing options available to them.
It’s clear that things like this can be grossly misinterpreted. I just think it’s Vlad saying that he is not selling out until HEMO have realised their potential. Which is very good news for all invested.
Stay strong all!