The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Unexpected placings -Sentiment - Missed timelines - The promise of jam tomorrow - Are likely all playing a part in why we are where we are..🤷♂️
Maybe even a slight concern from some about cash levels, the longer we go without the elusive "Catalyst RNS"
According to last RNS new would be coming in the next few weeks that was some weeks ago.Cannot understand why share price is around these levels as surely as soon as the next RNS arrives and that could be any day the price will shoot up
I make it £15,000 net sales today. Some big sales and some big purchases. A 6% er would be £9million sales so we're fine.
Volume has shot up compared to last few days. I would prefer the sp to be nearer 20p before rns lands so we're starting part way up the ladder.
I think we are safe in that respect Smyth .... I am sure the 6% er's are still on board
Well Gooner,maybe its 1 of the 6% selling today. I dont have a good feeling about the next RNS. Always knew we wouldn't get the coming weeks RNS,is this us now a month into it.😏😏
ICB888, people sometime confuse the work immediately with the imminently. Well, it does depend on context also.But I think in the context of the markets, a few months still fits my defination of imminent.
Having said that, could be any day now :)
Spoke too soon -
Up 1.9% on volume that is equal to or higher than the last 4 trading days after just 1 hour of trading. We were told of an exciting few weeks on 31st October and imminent news. Weeks will turn into a month if we don’t receive news this week so it should be an interesting week.
The bod have been very misleading so you would understand people’s frustrations.
They set the expectations not us little people.
Just be ready for a curve ball, not that we will be able to swerve it unless you are in the know! Still, no signs of the 6% ers selling up so that’s something I guess.
I too was at the AGM. AP used the word ‘imminent’ when pressed on the timescale for news of the partnership. I don’t think he was being ironic as he was equally as enthusiastic in the informal session that followed. Surely we’re close now.
Ian, for a second there I thought I was reading an Eintein theory.
Mixing whiskeys and wine I have no problem with but combining pineapple with mushrooms on a pizza and adding a fried egg may be an issue that may need to be addressed though! 🥺🤢
Anyway looking forward to the next 7am in the last week of the penultimate month of the year for news that is a smidge overdue
🤞🤞
Snott - I'll try not to drink as much as Amy as it snott a good idea. (although some may say I'm getting closer!) and keep off drugs that Hendrix and Joplin took. You did some research on that!
My twin Daughters were born on 27th, 40yrs ago. That was a good day when I did drink a fair amount of Champers.
...Twenty-seven is the only positive whole number that is exactly three times the sum of its digits: 2 + 7 = 9 and 9 x 3 = 27. It's also a perfect cube, 33 = 3 x 3 x 3 = 27, and it's equal to the sum of the digits from two to seven, 2 + 3 + 4 + 5 + 6 + 7 = 27.
I haven't yet managed to sink all the colours at one visit to snooker table, but that would give 27. I am playing later this week.
Maybe Chariot will hit 27p this week?
Ianfer, 27 wasn’t at all lucky for Jimmy Hendrix, Janis Joplin or Amy Winehouse.
Agree TotalE v likely, but wouldn't rule out ENI (already active in Morocco) or possibly an outsider with designs on Europe supply...
Let's hope next week might bring some good news!
Hey NorViking,
I am guessing (and really hoping) TotalEnergies remain the firm favourite.
Gas is a good energy transfer medium and significant expertise in new field development (West of Shetland and build of Shetland gas plant as a UK example), they have *presence in the country with petrol stations and renewable aspirations , they already have a relationship with Chariot in project Nour.
* https://totalenergies.com/morocco
Fingers crossed on a pivotal farm in RNS this year.
Rgds Sft
Sunfit - I agree with that assessement. If CHAR goes it alone on the onshore, it would have to eventually raise financing for all the production & development costs, so it makes a lot of sense to aim to get a big player on board now, and eliminate another cost-raise in future.
I just keep thinking of what would be the ideal for a partner, in particular a big oillie?
Haha thanks for correcting me RSS - I had been on the whisky!
Hi NorViking,
Thank you for the conformation, I think it was you then that posted such before.
You could be right regarding tie-ing it in with the offshore development and this would probably encompass the exploration costs, or part of it, then we have to look at the all the further addtional costs and steps to get ONshore to production: Drilling, testing CPR, FEED, environmentals, FID, Sanction, equipment procurement, contractors, development etc etc) which has not been covered in the most recent raise and would need FURTHER investment.
So in balance its going to be the most cost effective way, is to group everything?
Everything being Anchois development, exploration of Lixus AND maybe the South of Rissana? AND now onshore?
I was leaning towards the onshore being Chariots own enterprise (seperate income stream) but as time goes by and considering Chariots cash runway you are probably right.
Rgds Sft
Of positivity/happy clapping this weekend but sadly however it has all been tried before and to no avail. The only ting that has the potential to move the share price northwards is that long awaited RNS.
But we mustn't fret as news is just around the corner 🤷♂️
Jam tomorrow🥱
Even when the "RNS" lands I question some of the figures being quoted here, but obviously KB is no expert, but time will tell.
Will it even break the 18p mark???
Portsmouth mate :)
Sunfit - I was at the AGM and this was a quip made by Adonis...as I recall (and it's just my recall so I could be wrong) questions from the floor at the time centred on why/when a partnership deal would be announced. Bear in mind that the quip may have been said in jest, or not!
Indeed, the onshore was necessary, as Char needed the cash...but looking at all of the assets today, if a big E&P player is in the mix, why would they only want Anchois and not a piece of the onshore, which could be a revenue source before Anchois? My gut is that it will be part of the package when a deal is announced.
Here's hoping ...:)
27th Monday
27 is a good number
My Blackpool just beat Plymouth, top of Division 1 until thrashed by Blackpool today. Plymouth had previously not been beaten for guess what.... 27 games !!
Ianfer, it touched a whisker from 27p in April of last year....sentiment is still good here. It's when sentiment is wrecked, that price struggles even on good news.
Expecting news and day now.