Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
There's Potential for ZAMIL group in Saudi to Step in and take a big chunk and no doubt the other EPC's will be hovering to pick up easy cheap access to a healthy backlog of contracts....
Fingers crossed
might get out with something
Well Ive got a fairly low average at 17p but is it time to get out and accept the losses or hold and in the hope it rebounds.........
Seems noise is starting about service contracts.
Did ARA/AEX confirm they were purchasing a RIG?
Lol
Stockcheque, your just repeating old news regarding politicians statements, some biased interpretation and translation.
The licence has been "imminent" for a very very long time....bottom line is, it's all hot air, interpretation of politician statements and assumptions until a legally approved, government endorsed signed sealed and delivered licence is in the hands of ARA and AEX.
Ive sat in a room with African Oil Ministers discussing the signing ceremony and start date for 6bn downstream project only to find out during that meeting that his Boss had decided to give it to a rival company and they had arranged a hasty signing ceremony.
I hope and believe the licence will be formally issued but until it is there is little point in constantly repeating the same old "news"
I am told you cannot hold shares in a "trading account" as they won't be listed on any market to be traded.
I am still of the opinion that the speech which include a reference to licences has been widely misinterpreted.
That is not to say the current uptick in the SP is beginning to reflect the true potential and I still think its undervalued.
The impending licence will come (possibly, maybe, hopefully, imminently, some time in the next 1-2-3-4 qtrs) I just do not believe the the licence has been finalised by the TZ govt and signed sealed and delivered to ARA or AEX.
Thanks for this info, im 50/50 on supporting.
Concern is the potential lack of transparency if it de lists vs the obvious financial benefits of delisting.
I do take your point that the potential for the BOD to attempt to raise funds by further share issues and dilution , however I would have thought the previous vote would have prevented this.
It's good to see the share price maintaining the above the 1P level but I think we are here for a while and may see a slide back below the 1P Level with a spread that makes dipping in and out difficult to risk.
Unfortunately it does look like the Information on the development licence was just a ministers words brining misinterpreted and it is still under negotiation.
If the Development Licence had been formally issued to ARA / AEX last week there would have been a legal requirement to issue the RNS as soon as AEX became aware of this critical information and I serious doubt AEX would hold back as it would unlock a lot of external investment potential. That has not happened and we are back in the waiting game.
I have no doubt the licence will come in due time and our patience will hopefully be rewarded, I still believe (hope) the share will be up around the 4p mark by the end of the year!
Nothing like a good"GENUINE RUMOUR".
Unfortunately the statements made are open to interpretation and do not specifically state that the 25 licence has been issued to AEX/ARA. I would imagine if this was signed sealed and delivered then AEX would have to issue an RNS.
Whilst I do hope we get the confirmation and good news soon, anyone that has worked in TZ knows that what TZ Govt Ministers say is not necessarily directly related to fact.
Agreed, we need to keep them accountable
Question is, now im back in profit for the first time in years do I set a stop loss and risk missing out on a quick dip or ride the waves,,,,,,
What safeguards are in place to prevent the BOD stripping out the remaining cash ?
I think the SP shows a fundamental lack of trust in the BOD to deliver a workable MVL without stripping out the cash/assets.
With 80% of the shareholders voting for the MVL, Why will it take 2-3 months to get to another meeting to get shareholders permission on the liquidators.
Judging by the fact the share price has not moved, can it be assumed that the 1.2p is just not going to be a reality?
If there was a real expectation that there was going to be a 1.2p return surely there would be frantic buying and the price would be rising significantly.
Even with those questions I would have expected to have seen some movement in the SP, probably downwards.
Can someone with a greater knowledge explain why there has been no movement in the SP?
Surely based on the results of the votes the shares are either worth a quoted and very optimistic 1.2p or a pesimitic 0p?
At last....light at the end of the tunnel.
Will they suspend trading now?
I tried to top but trade not going through,,,,, no shares available?