Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Live court status update can be seen from 10am
http://xhibit.justice.gov.uk/southwark.htm
All cash share offer announced today at 305p. There could be others tabled in next few days if others were to materialize.
Noticed an 8.6% rise on Friday to 90p buy price. With rises on previous days this week. Wonder if for any specific reasons such as institutional investors buying for recovery or other reasons such as confidence fue to vaccine recovery and return to normality from Spring to Summer which is not long away.
Think at some point in 2021 can see this strongly rise and stay above 100p as we surge to 175 to 200p levels.
Obviously the main downside threat is any new regulatory limits such as being extended in Poland for a longer period to end of year.
Davey2
Agree. Will be interesting to see results tomorrow.
If good could propel us past 200p and on way to 300p.
If bad and needs a few more quarters to filter through could drop to 160p levels.
Yes, Nov collections continuing 97%. Better than company or I had expected. Credit 61% increased by 1%. Although higher by 1% expected a little more guess being careful during peak winter months.
Polish gov debating extending covid19 temp interest cap already in place from March 21 further into 2021. Being debated in polish parliment over next few weeks.
Agree with your comments. The key will be to maintain support short term above above 75p and not fall below those levels again. Otherwise we will have that tough level to break as well. Medium term though in 2021 can see we will be in 150 to 200p range assuming full lending % resumes and pandemic risk eliminated summer 2021 with vaccine distribution and new normal.
Good set of results and right momentum.
300p broken and behind us now.
Next target 500p, which think we will close in on quickly leading up to xmas.
By end of 2021 we will be two years into 3 year turnaround plan and expect SP to be trading above 1000p again, assuming plan is delivered.
So far so good, and a cautious well done to management involved in today's results.
I was basing that on a 5 year spectrum. If you look at them with 10bn under management by 2025 with good returns . Well over double of that today. That's why I came up with that figure. Think before collapse 250 to 300p beginning of the year was fair value.
An excellent set of Q3 results. Expect this to go up from hear to 200p and over.
1) Return to profitability.
2) Funds under management will double to over 10 billion by 2025.
3) Excellent returns.
4) by 2025 leverage down from 4 to 3.
5) very attractive investment opportunities due to current situation
6) investor and fund management seminar at 2pm today
If we look at historical share price and these facts going forward if delivered believe SP will be 500p plus in future.
I think you are right. Looking forward to the results and investors/broker analysts call in the morning.
Keep your nerve if you are a LTH and not a trader. Sure as one can be that patience will be rewarded in the medium to long term. Lots of these tucked away in my pension.
10 to 15 year time frame. Can see 3 to 5 times today's value by then.
Company being covered presently by 4 brokers :
Canaccord - Portia Patel / Justin Bates
Numis Securities Ltd - James Hamilton
Peel Hunt - Stuart Duncan
Shore Capital - Gary Greenwood
So hopefully we will start seeing updates from the other two as well going forward.
And if tiny url link to the numis broker buy note could be posted that would be great. Be good to see what they had to say.
Great we got a broker upgrade on Friday.
Shore Capital increase from hold 75p target share price to a buy rating 110p target share price.
Now awaiting for others to follow suit - Peel Hunt, Numus, Citigroup, etc.
Expect to see SP slowly head north now to 100p and beyond over coming months.
Remember if you get a chance to watch/listen to the investor and analyst call at 9. As recorded you can always watch after.
Investor and analyst conference call
International Personal Finance will host a conference call for investors and analysts at 09.00hrs (BST) today, Wednesday 14 October 2020.