Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
So basically they’ve called for FM in order to get the plant up and running then shipping product before the 6 months is out at which time they won’t need to worry about canmax as everyone will be happy as they are producing?
Mine construction never happens without teething problems.
The main thing is we know we are funded now by the placings so will be making a profit soon enough.
It would appear that with only 303838246 shares in issue the share price if 5 million is indeed the figure to be distributed should be closer to 1.6p
After the recent bad press the board will likely be wanting to reduce damage to the share price. By making updates like this following a drop they are able to put minds at rest and reassure people that they are still working as hard as ever.
I don’t see how anyone could look at this rns in a negative light granted there’s no actual drill results but it’s a show of confidence all the same
Kodal minerals had a very similar situation, getting their mining license took an age. I think like anything within a government things have to be looked at in great depth and passed through various levels of bureaucracy. Similar to the planning system in the U.K. we need thousands of houses building yet it still takes months to get a decision.
Rns from 9th sept says m&g are already out?
I wonder if an off take for construction costs style agreement similar to that at Atlantic lithium/Piedmont will be the route they hope to take. Definitely a positive movement and I’m sure a reputable company wouldn’t enter into an mou with us if they didn’t have a plan to get us to production.
Interestingly a lot of the smallish cap lithium miners are moving well lately ALL KOD PREM, wonder if a big government investment or scheme to get these lines producing could be coming?
Would appear something is brewing.
Has the sabotage of the nordstream pipelines caused a general downturn on German stocks? When I saw this was down today that’s what I assumed?
It’s a case of keep buying. We are in a better position than when we were at ath. The current market is a difficult place for small caps because there’s alot more risk averse people around than in the middle of covid when everyone was having a dabble.
Nice to see a bit of positive news off the back of the options. I know what people are saying about directors not investing their own funds but putting yourself in their shoes why would you if you can do it via a cheaper route?
They may be confident that it will not effect shareholder confidence in the long run because their is a big pipeline of positive news flow.
Nice to see we are still working alongside top 10 pharmas.
Also I have a feeling the US department of defence might not be short of spare cash So hopefully we can take this partnership further!
It is unfathomable how lithium stocks with nothing like the quality of resource we have can move up so fast. Shame they aren’t called graphite anode batteries as opposed to lithium ion. Would definitely give the share price the boost it deserves
Last time there was a trading halt it was a juicy rns the next day
Bod takes some options today and sp up in America yesterday. Activ 2 p2 data inbound and they’ve just loaded up? I hope so
Refreshing to see a company that does genuinely care rather than just trying to tick the esg box. Roll on scoping study
Teasing us this morning I thought I’d have had some 7 o clock reading
Cheers manifesto surprised I hadn’t remembered that seeing as I read the rns religiously.
I suppose doc if synairgen are given the data and there is information which could have an effect on the share price the news will have to be released so that answers the question.
Back to waiting for the activ p2 data then lol good luck all our patience will hopefully 1 day be rewarded
Is it in black and white that activ 2 p2 results will be released at some point? Only ask because of the type of trial it is I wondered whether the us will want to keep any major breakthrough under wraps (not sure on legalities) but the progression to p3 was fairly low key. Happy to hear opinions from anyone with a better knowledge than myself which I admit is very limited not reading half as much since the sprinter results.
Nothing but an opportunity, wish I’d bided my time a bit more buying in but this price is a gift to anyone with spare cash floating about, once the pfs is released I think this will be back pushing 50p and beyond. It’s hard with companies that are somewhat under the radar as you need consistent buying pressure to keep the price high. Unfortunately the only way to get that is with regular good news and pr which currently we aren’t at a stage to offer. Just be patient personally I’ll be buying more when money comes available as this will be a brilliant share for anyone who is looking at holding beyond 2 years. If you haven’t listened to the Sunday roast interview it’s posted further down this board and it will be an eye opener to what we have our hands on. Dyor good luck
Something brewing today by looks of it. Big new somcong before the agm?