Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Sorry Arthurisfrench, but you are too fixated on the last year or so, you fail to see that the bigger picture, debt is rising and cannot forever, we need higher interest rates, that is what resets the money tree and puts it in a majority of pockets, after a hard reset. Some people's properties are only just back to 2008 levels, and looks like property has gone over the top of the curve again, as for HS2 imo a white elephant and will act as a vacuum from the north to the south, as most large infrastructure does, it works in reverse to the intented
I agree the board are probably the right people, the debt pile is the issue, the sale of KL and extra equity, will obviously help, but without significant earnings/profits being proven, im not sure in the interests of the markets, and the lack of dividends are going to stop a lot from investing, me included, my majority of eis and vcts have done extremely well in the last few years, albeit with a few failures, but the risks are low compared to the gains, but good luck to you and other holders , but if you see an exit to keep your risk to a minimum, i would still take it
Not sure how BBY are flying, share price approx the same as May 18, and variations will be hard won, and extremely likely to just be covering costs, not profit making. Balfour have turned things around and been proven to be the case, kier haven't proved anything yet, a few words and delayed results, later this month, we will all see
Construction is flat out busy, and has never stopped, costs pressure, and supply of materials and skilled labour is a major concern, hs2 has been heralded, but already predicting a 1bn overspend on the project at this early stage, they have a 5bn contingency. This could turn out to be not enough. A lack of available machinery and machine drivers is driving price pressure, across the whole country. I think the markets don't see large construction companies as big money spinners, their share prices are not forging ahead, in fact they are still falling back. Kier IMHO will have to show some major inroads to their debt /the sale of KL, or the share price is likely to get hammered again.
The current cash call is going to be underwritten by whom??, rumoured to be around 150m, also the predicted sale of KL 110m, the 'etoro professional' states debt at 924m, how is debt being cleared??,. I not sure the 'professional' is fully switched on as he still thinks woodford is the biggest insti, holding shares
I was wondering if it could be, i think if it isn't, it might not happen at all. The sale has been muted for such a long time now, that surely there cannot be anymore hurdles to jump over, sky better not pump that story again, if it isn't going to happen, asthe bloke who writes it will be dragged over the coals or should be. The element that should concern shareholders is the dilution if done that way, regarding the equity raise
Lairyous, this was not directed to you, it was snowboots. I don't know if Kier have taken any furlough payments, i am asking the question also, but i was amazed that balfours did, and to such a level, but the government are obviously going to pull back as much as they can, and have the power to lean on companies with government contracts, you only have to see the level of monies the supermarkets have paid back in, business rates etc. No propping up of large plc's, regardless of their financials, they will have to be fully transparent
Balfour returning £19million, (circa 26000 uk staff) why if no obligation??, did they get it wrong??, or pressure from government?? Kier have approx 15000 uk staff, this could be hefty drain on cash reserves if kier do feel obligated to repay any
Anyone know if Kier will have to pay back furlough money?? , like Balfour Beatty, big players with government contracts, i think will be forced to, and also in theory construction, didnt stop. It didn't for a lot of people/firms.