Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
It’ll be on a Thursday
Keep in mind that graph is for a company with 1 asset, we’ve gone past the initial exploration phase on all 3 of ours.
A very much needed positive day, long may it continue!!
You’re a mining engineer who considers the publishing of crucial metallurgical test results ‘Jam’?
Hopefully with the licences will come confirmation from both parties that ownership transfers to the consortium.
Would they grant a licence to an entity that just intended to let it rest?
From what little I know of the new Oman mining law that would be a big no-no. I imagine Moz would be similar
https://www.google.co.uk/amp/s/amp.ft.com/content/07ca9d22-b9f6-11e9-8a88-aa6628ac896c
I don’t know about Allah but we’re well into Fergie time in Mozambique.
Oman has gone to a replay which has been postponed twice
5 years ago all we had was an exploration licence for Jangamo. We now have a JV with Rio Tinto and the potential of 51% of Mutamba and licences granted
We’ve been in Oman since 2014 not 2011.
The MDB scoping study gave a pre tax NPV of $356 million
Mining licence for that ex Rio tenement granted yesterday.
The Jangamo tenement took 9 days to change from ‘allocation pending’ to ‘in force’.
Forward motion at last
Can I just point out (again) that you have not called this correctly at all. You advised everybody to sell in 2014 (2p approx) as this share would go sub 1p and then to zero. It went to 12-13p.
You also advised everybody to sell MSMN the day before it rose 450%.
It’s Assad sad day when people take joy in others misfortune
That fact was well known, especially by LTH’s like ourselves. It just seems like you want to put a negative spin on everything at the moment. I share your concerns on some points but today was a crucial and fully expected bit of news
Hi Kopf Would you have preferred we hadn’t gone ahead with Aldeia? It seemed an absolute no brainer that we get it, I struggle to see the negative side tbh..... in fact I would have been very concerned if we hadn’t.
Have a look at their grade and our cut off grade
One of your warnings back then was to advise everyone to sell as the share was going sub 1p and never to rise above that level again.
That quote was from last nights announcement https://www.electrive.com/2019/05/13/volkswagen-board-releases-e1bn-for-battery-cell-factory/
“Further negotiations with other providers are ongoing though, Volkswagen says and these will indeed be essential for any battery cell production in Europe going ahead.” They wouldn’t commit to just one supplier.
That’s our Jangamo tenement
I read them to be possible additions to the NPV over the next 12 months.
I notice in today’s quarterly report from Rio Tinto that Mutamba is mentioned alongside Zulti South. Two of the Richards Bay furnaces are also being recommissioned. Hopefully we’ll see some news in Moz soon
The new mining law was established on March 14th.