The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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They will struggle massively to raise funds. Even to get a raise if say 5 million would mean massive dilution and another 1bn shares added to the pot. And that’s at a price of around 0.5 pence per share. Given the SP at the minute a placing would probably have to be at much less than 0.5p to generate any interest.
Champagne on ice, we only prepare for success, we are so sure of ourselves because we have all these years of experience…bla bla bla. Yeah right Peterkin.
Wondering if it's viable as a smaller operation for B10 and they could sell the asset for someone with the funds to take it forward and we can use the cash for for next prospect.
Carnarvon said the forward plan was to “prepare the well for and undertake wireline logging operations.”
“We are completing wireline logging today and tomorrow. We will then determine the net oil column,” Cook told Energy Voice.
Down but not out just yet, maybe clutching at straws here but could see these results at some point today or tomorrow, hopefully we see some sort of consolation prize?
Well I'm still waiting for LP to tell us path forward with this well or the other projects either way that were contemplating. Yes they'll have to raise cash for the new projects to take forward... and we don't know how far along they've got into with the other projects.
I have watched some serious large buys go through, so wondering if they're going to announce new project soon and people are buying on the cheap. If they do announce forward path with another project, it'll be a great price to buy more in.
I would quite like to see them raise funds. Means we have more shots at the big prize.
It’s easier for CVN. There’s no real impact as it’s not their major exploration project.
ADV need to take time and consider options. I accept it doesn’t look good, but let’s see the final results and if they decide to do a raise to fund one of the other opportunities.
Couldn't get LP of the PR circuit in the run up to this sh*t show.
Now, nowhere to be see. Not even a tweet.
Carnarvon CEO quick out the blocks talking about buffalo.
Where the f**k is our supposed leader.
I woke up this morning and thought if we get to 1p i will hang in. After reading about CVN i have taken the hit. Probably in the region of £80k. Thanks for the conversation and banter and good luck to you all. You cant change yesterday but you can change tomorrow.
shocking ceo
yup into the 50s
Freefall, a disgrace.
Well I’m currently sat watching what was a 30k isa August 2021 (then he1 then some trade loos now adv ) turn into 1.2k . Blimey I’m good at this aren’t I !
Good luck to many great people who I’ve enjoyed reading posts from for the last 12 months .