The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Grant of options, 60m not over the top and well deserved if he pulls it off, good sign of confidence IMO
Any possible news on Ghana (negative or positive) is many years away. Right now it’s all and only about lithium
4 weeks we should hear
Thanks for reminding me why I have PET on my watchlist I did wonder.
Yes, cheers Pauly80 and for some perhaps strange reason I still believe this Ghanian block is 'real' and not a hoax? I may be a right mug sadly, or certainly feel like one sometimes.
I've just remembered the name of it 'Tano Block'! And what's even more crazy, today I bought a few PET, in case something kicks off (Iraq direction )as directors have much bigger stakes there.
@Pauly80
An obvious one is Clean Tech Lithium.
Remember there are 'variables'.
Still here P80. I keep a cash stash for buying the dips and then patiently wait for any rises over 30%, that does take patience!
Mostly in Crypto these days as the Bull-run is about to kick off! Still hopeful that Clon may make good on one of their promises GL :)
I would agree on Ghana. It feels like they are spiting Clon for taking them through Court and i imagine they will continue to block. One day...and that would be some day.
Thanks
Any particular companies you suggest?
@Paul80
Not entirely comparable, but look at the 'valuations' of other lithium mining companies.
I ‘hope so’. It would be transformational for me and allow me to pay my mortgage off (depending on the so of course).
I am not sure what the sp potential could be because of lithium. I know what it ‘could have been’ based on ratification of Ghanaian license and spudding . however thatis a non conversation as any possibility is dead for me personally.
I don’t think I have the patience of waiting another 8 months but 4 weeks I can wait
I dont see we will have any problems getting through phase ll, we know our system works in the laboratery, and should be scalable to the pilot plant, once we are through phase 2 it should open the door to EU funding.
Rise and shine - good to hear from you. I normally start my opening comment with that because after a decade here I am never sure if you still are here. Very patient indeed. Hats off to you and a great average
Eagleeyez - thanks for sharing. Appears we will have news in some form within 4 weeks.
Wills - playing devils advocate and maintaining my position of objectivity / there ‘may ‘ be a reason that nextchem is keeping this project and any updates on the quiet . Namely sharing data with Clon and YLB only
For confidentiality purposes being so close to the proposal dates . Nextxhem seems to be awarded by big international contracts in other fields so they don’t seem like a small company I cannot comment yet on their value halving as you stated
information is very sp**** on chemx. no news nothing on the website nothing on x.
i have been watching the shares which suddenly halved in value.
its not clear why an issue prrhaps raising funds for the next push.
Https://www.ylb.gob.bo/resources/img/2024/convocatorias/05042024.jpeg
1 Proposal for pilot project,
2 minimally consider AACE (Association for the Advancement of Cost Engineering) standards for protections at conceptual level class IV level II
3 Visit to a salt flat and a production well for sampling
4 YLB will inspect the facilities of the proponents
23 COMPANIES IN PHASE II (UNTIL 09/05/2024)
It is just a pity we never hear anything positive from this great relationship that will add any value to the SP
As I have been here for over a decade now I can verify that everything Pauly 80 writes here is 100% accurate :)
Nick - I do recall you posting a few years ago. In 2019 we were expecting ratification of our license in Ghana ‘any day.
We have supposed ‘experts’ posting regularly talking about sp predictions and ‘good sources’ quoting ratification was going to be approved ‘any day’. This led to many of us torturing ourselves by watching Ghanaian parliament proceedings waiting for ratification to be approved.
We trusting Clon and BOD because of their ‘amazing relationship’ with the Ghanaian government. We were told it was impossible for the share price to go below 0.50p and that was truly a ‘double bottom’.
People shared how much crude was worth and posters who somehow had a following and were respected such as massiveray and bridges were sharing all their knowledge on when oil would be spudded.
4 years in those posters have never been heard of again 4 years on look at how the so has dropped.
4 years in Ghana is in a complete mess and unable to agree terms and ratify anything
However I have been ensured that Clon still maintain an ‘excellent relationship’ with the Ghanaian government
Nowt has happened. Nor will anything happen.
Just getting up to date here and I see I missed another fundraising back in March and all talk on Lithium in Bolivia. What happened to Ratification of that oil prospect in Ghana? I can't even remember the name of it now off hand, as it's been that long and I've grown old waiting?
Blue again
Such horsesh8t. Its taken years to develop the tech and in the meantime you re alluding to new tech landing in time for the BGT to consider whilst this new space age lithium laser extraction system has no timing issues of its own. You ve got the business acumen of a squirrels anus
Agreed asi. As somebody that worked in product development I can tell you that ‘time is of the essence’.
No matter of how good or innovate new technology is , if you launch it too late the competition will clean you out.
Clon and nextchem have already experienced delays (I.e sensors for Germany) and must now make up groud.
Can I suggest you read latest RNS and watch the interview that followed it? Probably answers most of your questions.
Trying to understand the cash burn rate as even in the last 12 months we've seen significant dilution. On the plus side the company already has a good working relationship with Bolivian Govt but I feel it needs a joint venture partner with deep pockets to succeed - $500,000 I fear will not be enough to get through to revenue stage
Have this on my watchlist - asking the question as stated in the Sept 23 update - am I correct in thinking that Funding continues to be required and the board will need to address this sooner rather than later. the module pilot plants and upscaling that they talk about will need up front money. Can't see that they have sorted this out as of yet ??