Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
A key factor is the delivery of the ball mill on site and on time... if we have that I have 30k waiting to go in.
Wolf
At the end of the day it's all down to the big shareholders, if we don't get a vote on GR I wouldn't bother voting.
Wolf
Acker
Don't we get to vote on George at an AGM he barely scrapped through last time I don't think he will risk it this time, also he's been to London and could have called one then.
There was that other time when he held it in Paris because he couldn't afford the security bill in London ;)
My bet is on an EGM.
Wolf
Do you mean chandio ?
Hasiba
If we have next to no headroom left in January how could PREM cover the cost of possible delays!!
Wolf
Biztech
Thank you for a good summary of the lack of transparency regarding PREMs financial situation and good luck in GR answering any of your questions... The NOMAD disclaimer is concerning,could be one of those financial institutions has a conflict of interest and should have been named?
I'm expecting GR to call an EGM at some point and he will say the the usual, PREM needs liquidity going forward but he doesn't intend to use that headroom... I bet he also says he will be deferring his loan hopping that will score some points for him... When he calls an EGM will we automatically then get the chance to vote on GR ?
Wolf
Shut it Muppet I'm Italian.
Go fart in the wind by all means just don't do it in my direction.
Wolf
You clever girl I wish I were bilingual ;)
Vaffanculo testa di cazzo.
Wolf
Martinigirl
What is your trading strategy... Don't you have to be invested to have one in the first place?
Wolf
It's just as well for you don't hold a penny PREM... what the fck will you do in your life if PREM deliver!!
Wolf
Martinigirl
Your in-depth knowledge in the mining industry is baffling to say the least... given your career in the Navy... do you consult in Cheeryburn?
Wolf
Feel like I've opened a can of worms for the trolls to feast on... That was definitely not my intention!!
Wolf
Hasiba
I just keep thinking how would PREM shareholder have done under the governance of a mining CEO instead of a lifestyle CEO ?
Wolf
Acker
I understand that delays are inevitable and I have given reason why in my previous posts.
I do sincerely hope that he delivers within his time frame this time but this is a public owned company and his responsibility to deliver shareholder value over the years is abysmal!!!!
This should be the last chance for GR nobody can say we haven't given him a chance... And regards his expertise in south Africa negotiating deal's.... that's definitely not transpired in shareholder value.
Wolf
People can spin this to suit their agenda!! fact is not much more happening here this year, apart from a few tweets... If GR fails to deliver in Q1 and calls an EGM, it will time we had the opportunity to have vote of no confidence in him.
Wolf
It makes complete sense Acker, for every tonne shipped only 6% is lithium.
Wolf
Biztech
Thank you for that balanced summery!!
It's going to be interesting to see the direction the Zimbabwe government take next year... they mentioned zulu lithium so I don't anticipate any problems getting the EPO licence extended 👍
Wolf
Daz
I'm not going to be baited by your childish reply!!
My last post... Wishing you all the best for Christmas and a prosperous new year.
Wolf
Speedy the Chinese are the biggest consumer's of lithium... in that respect Chinese government can and will dictate the price!!
The link that Daz posted is 6 months old... The price of spodumene has halved in that time so not relevant!!
It's definitely not all doom gloom though, I see this as a correction in price after the boom, the future is bright 👍
Wolf
Acker
A Fool and his money... do you remember your fever tree money going into PREM then a couple of days later the SP tanked.
Wolf