Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Will help AA get another bargin basement aquisition.
I would certainly vote for this!
We have all gone through this self doubt. Yes massively undervalued which ever way you look at it. Jump aboard don't be shy!
A super major could easily agree an off take including a pipeline build if they are confident of the djeno
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As soon as we see beautiful crisp cash flowing into the business we are safe and sound this is 10-12 weeks away and I suspect we might be surprised by the numbers. I am guessing anywhere between 1000-2000 barrels a day. If as shareholders we could just be a tiny bit patient! In my business we invest for 5-10 years it blows my mind how people will buy and sell on large spreads at the drop of hat. Anyway not sold a penny yet and added another 200,000 tickets this afternoon at throw away prices.
Try and find one! A few people trying the bearsuit on for intellectual curiosity but no one who actually believes.
So the big problem before was getting a rig. We bumbled through with a crappy one (all that was available). Now we have the same problem but will have a positive cash flow that will accumulate as JB gets us another rig. Personally I can happily wait 6 months. Can you?
So the big problem before was getting a rig. We bumbled through with a crappy one. Now we have the same problem but will have a positive cash flow that will accumulate as JB gets us another rig. Personally I can wait 6 months.
So $40 x 1000 bopd x 30 is 1.2m a month a rig contractor would probably take that as collateral against drilling.
Add impending run on available shares to the list!!
A lot of character assassination of the guy over the months. I believe he is a good man. He took what is never an easy decision to replace the CEO which I credit with the progress we have seen since then. I would like to see him step back and hand over the wheel to JB but personally I would happily buy him a beer oil or no oil.
1. Icebergs french buyers
2. Long delay consistent with African bureaucracy (when money is involved) (I am an expert in this area!)
3. Frenchman's description (good french) of rock formation (from normal long term posters account )
4. A possible email from DS (see barking crazy).
I think we are finally there chaps! (probably!!!!)
Strong!
The only thing that now makes sense to me is that they are waiting for RNS approval from Gov.
If we have hit, the oil conference is going to see the company get some serious publicity and lift the share even higher.
High I would think but have been thinking this since Monday last week!
If it is French buyers it is likely to lead back to the Congo and the government approval of an RnS. Most of the francophone African establishment bank in Paris.
It sure sounds credible. Put the champagne in the fridge would be my my advice.