There was also a 100k buy yesterday, so very much under the radar Big year ahead in my opinion |
 Ryan Mee, Chief Executive Office of Fulcrum, commented:
"The letter of intent clearly demonstrates the underlying value Fulcrum has in its uranium portfolio and validates the company's strategy and management's approach so far.
"We have received interest from several companies about the possibility of investing in our uranium projects, either through a joint venture or acquisition. We believe that the agreement with GEMC is in the best interest of all shareholders as we seek to monetise the uranium assets without diluting shareholders and provides Fulcrum with exposure to GEMC's active battery metal and royalty portfolio. Importantly this proposed transaction with GEMC would enable Fulcrum to retain operational control of its uranium portfolio.
"I look forward to working with Global Energy to further delineate value for the uranium project portfolio at a time when demand for uranium has been picking up globally as countries focus on transitioning to cleaner sources of energy and updating the market in due course as opportunities are matured." |
https://www.voxmarkets.co.uk/rns/announcement/839dcbc6-6960-4fc3-adcb-d138e4375462/ |
Had some today.
Greedy MMs wanted 16.2p but let them go for 15.7 at the close.
Very low volume of late. |
https://twitter.com/StockBoxMedia/status/1750069816117874756?t=l_gNqesgibABJjXMuvHqXg&s=19 |
Good progress |
To be fair, most people on here could write that. See some information I have shared; |
ZAK MIR has come a long way from a simple chart analyst some 20 years ago.
His "info@zakstraderscafe.com" has interesting write-ups and costs nowt.
This is from a week ago...
Fulcrum Metals
One company which stands out in this respect is Fulcrum Metals (FMET), a relatively recent arrival to the stock market. What the market looks to have missed out on here from a company which came to market in February last year. It was the option announced in November to acquire a 100% interest in the Teck Hughes Gold Tailings project, located in Kirkland Lake, Ontario, Canada. This is set to provide the production income to back the company’s exploration programme, especially with regard to its Saskatchewan uranium exploration assets, which were expanded by over 200% at the end of last year. Given that uranium is currently the hottest commodity around at the moment, this combination with gold, also on fire at the moment, all feeds well into FMET. One would expect a significant re-rate once the market lathes onto Fulcrum’s strong asset combo.
Zak Mir
Author |
Uranium - 48 samples over 0.5% uranium - that's significant 14 samples over 0.7% uranium incredible Highlights-- A total of 62 rock samples collected across Charlot-Neely and Fontaine Lake properties -- Charlot-Neely Project: o 48 rock samples assaying up to 5,680ppm Uo Identified vein-hosted uranium mineralisation characteristic of the Beaverlodge area, home to several historic uranium mineso Potential for unconformity-style uranium mineralisation, deposits that are known to be larger and high grade uranium-- The Fontaine Lake Property: o 14 rock samples assaying up to 7,130ppm Uo Uranium mineralisation indicates potential for lower grade, higher tonnage deposit, comparable to the geological setting of the Rossing deposit in Namibia |
https://twitter.com/FulcrumMetals/status/1747227183905411534?t=DrBqLjgEgAcRKaR2LzSuig&s=19 |
Nice one, thanks for sharing. Today's interview;
Fulcrum Metals Uranium Project Evaluation emphasizes promising potential #fmet |
I have been watching this company for a while . They seem to have a very active BOD Definitely not a lifestyle company.Picked this up on the HIVE Telegram group this morning. Very informative Fulcrum Metals PLC - Research noteWebsite: https://fulcrummetals.com/Ticker: #FMETCurrent Share price: 15.5pIPO Share price: 17.5pMarket Cap: £7.7mShares in issue: 49,960,943Ownership of shares: 50.3% not in public hands ~Panther Metals owns 19.96%Ryan Mee (CEO) owns 13.81%Aidan O'Hara (Director) owns 13.76%Clive Garston (Chairman) owns 1.2%The Company's net cash balance as at 30 September 2023 was £804,026 (30 September 2022: £239,082).Description of the company ??Fulcrum Metals is a multi-commodity explorer listed on the AIM market of the London Stock Exchange with a diverse portfolio of gold, base metal, and uranium projects positioned close to mineral rich prospective areas and producing or near producing assets in Canada, a world-class mining destination.Presentation: https://fulcrummetals.com/investors/reports-presentations/Corporate and operation updates for year ending 2023:Extensive exploration programmes were conducted during the period across the Group's Schreiber-Hemloprojects, Big Bear and Jack Fish. Initial exploration results confirmed the prospectivity of the Big Bear project with notable high-grade rock sample results of 45g/t Au, 37.4g/t Au and 33.6g/t Au. Acquisition of Carib Creek East in April 2023 has extended the Winston Lake project and the Company'sfootprint across a highly prospective mining area. Start of field operations at Schreiber-Hemlo designed to further refine and evaluate previously identified targets. Completion of Big Bear phase two exploration finds 3km mineralised corridor- four drill prospects have been identified with a further five prospects needing further investigation. Acquisition of the Tully Gold project- with an established mine camp, infrastructure, and historic gold resourceof 107,000 ounces of gold, Tully has become Fulcrum's most advanced project. Fundraising of £520,000 through the issue of unsecured convertible loan notes to fund the acquisition of the Tully Gold project.Post Period Highlights: Fulcrum has increased its Saskatchewan uranium footprint by approximately 221% from 18,468 hectares (184.5km2) to 59,310 hectares (593.1km2)- the uranium projects now consist of the Charlot-Neely Lake, Fontaine Lake, Snowbird and South Pendleton projects. The Company announced on 27 November 2023 that it was reviewing its options with interested parties on its Saskatchewan uranium properties. These options include, but are not limited to, the potential spin out of the uranium properties. An option was entered into on 30 November 2023 giving Fulcrum the opportunity to acquire 100% of Teck-Hughes Gold Tailings Project in Ontario, Canada - the mine itself has historically milled 9,565,302 tons of ore and produced 3,700,007 ounces of gold. Advanced discussions are taking place with Extrakt Process Solutions, to licence its sustainable gold leaching technology, to be used at Teck-Hughes gold tailings project. Teck-Hughes has the potential to become Fulcrum's first cash generative project.Another point id like to add, Ryan Mee & Aidan o'Hara was part of the shake up of Prospex Energy management which led the company from 2p to sub 20p. Albeit the share price now, they have made a lucrative return. |
Just me and you here, anyone else out there with any opinions? |
Looks a super update , market slightly waking up ? |
Oilbuy, nice update this morning. Thoughts? |
Jan 8, 2024 - Ryan Mee, CEO of Fulcrum Metals, seeks to crystalise value in the gold & uranium portfolio in 2024
Jan 8, 2024 #Uranium #Exploration #saskatchewan
Ryan Mee, CEO of Fulcrum Metals, provides investors with an assessment of their Canadian Gold & Uranium projects in 2024.
Following the successful IPO in February 2023, where the Company raised approximately £3m, Fulcrum Metals has been busy bringing its key asset, Teck-Hughes on stream whilst building out its portfolio of gold and uranium prospects in Canada.
In this interview, investors will hear about:
- The Optioned Teck-Hughes Gold Tailings Project in Ontario – with potential for early revenue generation
- The acquisition of the Tully Gold Project in Ontario with over 100,000 ounces of discovered gold resource and significant resource expansion potential
- The "Big Bear Project", which is drill ready
- The optioned and consolidated Uranium licences around the Athabasca basin in Saskatchewan
“We have opportunities to crystalise value for shareholders in the portfolio and we look to do that in 2024” explained CEO Ryan Mee. “The mining exploration industry is very capital intensive, and we hope to differentiate ourselves in our approach, by looking at cash generative projects and adding value to the balance sheet.” |
The Hive CEO Interview Diary
🗓️ Coming Up:
15th January - #BRES
17th January - #EEE
22nd January - #BOOM
24th January - #GMET
29th January - #TAP
31st January - #FMET
5th February - #ANA
7th February - #COBR
12th February - #CGH |
Great, now we need to find some. |
https://twitter.com/CEOTechnician/status/1745556319803723969?t=8U5clPb2sdl8nJU5WNbdHA&s=19 |
I hope so ! |
Commencement of drilling due soon? |
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