Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Double bottomed, this will come to life next week! Celebs have started tweeting, EJ is selling (QVC sold out and more and more verified + reviews on Amazon) and I heard +++ things about the other investments :-) below 1p is a no brainer imv, won't stay there for long - tiny mcap, this could move very quickly - DYOR
Excluding EJ is greater than 1p! This has now reached a bottom off bad sentiment caused by the EJ TV ads, now that the market is getting over it, it will go back towards 1p easily. Strong buy at this price, if at least for a trade or perhaps a fantastic longer term opportunity imv!
Audio Boom end of year results due next week imv and EJ ads will raise attention to YOLO. I believe sales are on track, we should be fine here. GFIN up, this could be a turning point.
This is bouncing back gents. Hold on to your horses, because these levels won't be touched against once official updates are announced. Heard sales of EJ were going well, USA marketing yet to start then Karaoke and remember... YOLO is not just about EJ either, plenty happening with the other investments as well.
Imo
Got to be very close now... Anyone got any opinion as to how this will pan out once out of the stables? Hope their software is ready by now as well!
I'd say 7.5/7.75p range pre news, then depending on deal, could go back to 10p+ on a spike or as a new base if the deal is good and results for H2 are alright. Knew 6.25 was too low, gutted that I didn't top up... Cash should be around £7m now and business as usual until 1st of Nov. They will prob ramp down marketing and get a 1 to 2 week free ride of the back of the marketing spent already, that should be quite profitable based on h1 revenue. Just hope they can get their act together re an acquisition by Nov. latest.
Sub 5p, u mean at a 30% discount compared to cash? Any company would be attractive at that price... I think it's a buy at these levels already, As soon as merger is announced, this fly right back up at least on a spike if not a more sustained rise if the merger/buy is a good one. Let's not forget the business still runs until 1st of Nov. also, does anyone know how the change will affect operations on a day to day basis, that part is not 100% clear to me. Regardless, business is as good as dead as far the sp is concerned, and I don't think it's as bad as that
Very dissapointing news, no question. However, it's a buy below 6.50 for sure imo... Will prob. bounce a bit now. Also, cash will prob. be over £7m by the time the rule comes into effect (1st of Nov.) and I am guessing the BoD thought this might happen, hence the need for an urgent m&a which if they are able to time it well, should come into effect before end of year. Could see the SP rebound over 10 easily if that happens, maybe more. Just my opinion, either way, I can't see this go much lower now...
£32 to £100m is a 2 bagger? How come? Warrents and options considered?
What do u make of the Director purchase? Not a big amount but still a positive no? Could be a deal in the making in the next 30+ days here imo
"Holds no stock" I meant...
the business holds no assets, main expense will be marketing, exchange rate headwinds will have a minor impact appart from maybe 2 weeks during June. I don't think the £ will drop further and might well get stronger vs. the euro imv... Revenue is up the wahoo, which is a very good sign for h2 and let's not forget that a new ceo is to be announced with perhaps an aquisition and these will drive the SP upwards once announced without fail. PE ratio here is ridiculously low. A share buy back scheme or a special divi. Would also be welcomed and do wonders... Just a matter of time before sub 11p buys are an opportunity that will never present itself again.
TJI has around $3.5m. in cash, + $6.5m from the sale of the plot. That's circa $10m. Say $9.5m just to cover costs etc... Costs are negligible in this company so this more than covers two/three years... The two remaining plots are for sale at an asking price of $7.5m. (at least for one of them), I believe they are now worth slightly more than the 1st one, but assuming they were both sold @ $13m. ($6.5m each as well), that would mean that the company should have $19.5m. to give back to shareholders, and it is currently valued at $11m. / $0.395/share @ $19.5m. it would be: $0.70/share I do not think the SP will rise much over $0.6/share upon announcement of the shares but I am in because I believe shareholders will be given back $0.70/share soon, that's nearly a bagger and I am very happy with that because it is extremely safe... In the unlikely event that they do not announce another investment, the SP could spike higher even and I might hold or sell depending on the investment made. With regards to the email propagated recently on Twitter, whilst it may not be real, the investment here is very real... This is not a tech. with high risk or a miner that could go bust in 6 months' time... DYOR Vision
Leon, they got 0 from the sale of Bekon and were forced to sell but Bekon is what allowed them to keep being listed in the event all the plots are sold because of the way this one is set up (Sharia law and all that Jazz). Now if they sell the remaining 2 plots, they will no longer have any money invested in anything and would need to de-list and pay back shareholders, so depending on the sale of the 2 remaining plots, 2.5 bagger is still on the cards if that happens! Only thing I do not know is how long they have before they either have to pay back shareholders or invest in something else? Which ever way you look at it though, return here seems guaranteed as it is trading at just over cash levels...
Going down to 9.5 max - revenues are up massively, xchange rate will have helped 2ndH and appointment of new CEO and strategic investment will take this way above 15 by year end, just watch this space or buy in, great entry for newbies imv!
& remaining plots of land are being offered atm at $8.6m and $8.2m respectively. So avg. a $8m. sale, that's another $16m. so mcap should be at $30m.+ This is not a mining company with a NAV, this is real market value, mcap at $13m. still is just ridiculously low!
BUY through iii! you can trade it online no p. including in your ISA there as well!
Should be around $15.5m. cash now with 2 plots worth another $15m... Ever bought land for free? PS: With cash back as an extra incentive...
My educated guess would be early September Blaithe, the stone checker 800 patient study should have been completed before the RTO was announced and thus the reason for... I would then seem logical that the suspension period is being used to close deals and potentially structure an investment of some sort. I fully expect this share to re-list with a bang! GLA!