The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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You've been patient for all this time and you leg it with a 10% uplift from a 14 year investment. Part of me applauds you, part of me thinks you should rethink your investment strategy. It's about 30 /70 at the moment....
I can see a clearer infrastructure this time. More institutional investors and better scopes for M&A. You can’t compare this to the previous company of old.. there’s a whole new set up..
let’s get to VSAs 22p Target first and then see what the future holds thereafter..
think too many here are getting excited having been in the red for 5years...lmao
GLA LTHs
Faz
The stock markets are fuelled by fear and greed. Many were sucked in during the LGO days, thankfully this incarnation of the company appears to be in safer hands, SWP is the prize and I hope for many on here they get their original investment back.
I have no doubt this could be big, SWP attracted the management team to this company, industry professionals with a proven track record.
Bigwod,
I've been 'invested' in LGO/CERP since 2009.
Sadly, I consider myself to be a long termer.
My average is a respectable (respectable for that length of time) 6.2p.
Like I commented - 7p and I'll be long scone...
Im also a long term holder waiting for double figures, don't knock us for coming back to the forum, we will be probably still here long after the rest of you have sold up and moved on,waiting for a bit of our initial investment back, i have seen the big talkers come and go and the crazy prices predicted always especially for xmas never come to fruition.
This time it does seem to be a bit more promising, but as always its in the hands of the MMs, who will exploit us whatever the true value of any company is worth
Sounds realistic to me....... however, I’m an optimist.
I think CERP is in very safe hands with LK and team. The next 2/3 months will reveal more about where we are headed. Solid foundations are being laid for the medium/long term future. I have no doubts that 40p will be surpassed. :)
Faz,
The 10p by Xmas talk was when we were at around 2p and beyond.
So, 10p from 2p is a 500% return. As you say - smoke and mirrors and you were caught up in it.
Now, you're saying you're happy for this to hit 40p, so that's an 800% increase from where we are now.....?
Is that smoke and mirrors??
We all got caught in the smoke n mirrors.. 10p by Xmas.. I topped up a big amount at 5p old money too.. never saw my 10p by Xmas or any profits ..lol..
happy to see it hit 40p this time round..
M&A and saffron + clover should see us through..
Saudi /Iran should push OP to $100 .. then we could see CERP hit the stars!! ( £1 per share)
GLA LTHs
Faz
If we get to 7P I'll be long scone...
Vmax, been here since the court case, and before. Interacted with you, many times. RE registered, as lost my paswords. Like you, I’ve listened to ritson, tanks, artex surveys and a whole lot more. Nothing to really shout about taking an investment Upto £125,000, down £500. Again like you, held whilst hoping we drill the swp, to realise the potential. Which finally, were doing along with other ventures. I remember the days of nomoney, onceatrader, I got all carried away by the 10p, by xmas. I suppose, never said what one.
Knifeman , it has taken you 5 years to post pmsl although you basically say that you have lost some money , but nothing till now ? I think I know what this post is all about and I ask all you LTH that are a bit under water from the old days not to post what you bought at and what you might have lost. This post if you answer it will come back to haunt you . IMO I have seen it loads over the years but in different guises . If you post a creditable post on any rise then you will be lambasted for loosing however much you did in the past and therefor all credibility will be wiped out in one foul swoop from a guy with 1 post to his name .
I think most of the old timers have a high average.. I’m close to 9p before I break even.. Hoping for 35-40p before I cash in.. that’s a good sizeable return for me.. happy with that.
£1 per share would be a dream come true though ..
Depends how long the wait is.
Kindest regards
Faz
Like myself, 2014, seen the ups and downs. Sucked in, and left high and dry. Green eyed monster I think they call that!!
slightly tongue in cheek Vmax and aimed at our resident rampers and derampers. I agree, nothing on this board will materially effect the share price, but some of our posters do offer some insight worthy of reading. The rest, well that's just a question of reading the RNS's and watching as many of the presentations to draw your own conclusions. I've been around since 2014... hope that stands for something.
" RNSs and presentations are all that is required"
RNS - Yes
Presentations - No
There is a literal warning on all those presentations saying that they contain a load of horse sh*t and are not to be relied on. That warning is there for a darn good reason. No exceptions.
Government Databases are your friend.
Agreed, 7p doesnt seem that far away now. Fingers crossed for 7p prior to a massive news update that send this into the stratosphere.
Gibbo, research is not reading anything on this board . RNSs and presentations are all that is required. It also helps if you have been about a while to understand what is going on.
7p Cameron, you never know when an announcement could be made, or a Twitter pic, ;))
Thanks Bamps, not sure what else I can add other than DYOR, there's a great deal of information out there and you have to read the good ( rampers ) and the Bad ( derampers ) to get a balanced view point. Or just wait another 4 / 6 weeks and most will be revealed...
Any bets on SP @ close of play this Friday ?
Well I would say today is a turning point for Columbus, with over 100 trades I would say this could spell a period of big moves coming for the share price, more interest, more buying
Hi Faz
A big asset secures better finance deals/borrowings if we need it.
I still don't think this will be big enough for the likes of Bp, they will want the bigger targets to be drilled
I can see why Leo says it could be transformational
I would like some one on here to do some figures to verify or condemn my working out I only an O level in maths:))
Hi Faz
I think what I am referring is with only the lower cruise at Saffron and one target at Clove the assets could be as high as £650m. That doesn't necessarily mean the MC could be that high
It means we don't necessarily have to extract the oil to have a higher MC but we need to drill first if it's successful then obtain a cpr.
Help! Gibbo / offerman where are you :))
So what you saying Bamps21, SP of over 75p?? That would be flipping fantastic if Leo pulled it off..
Agree, already worked out, BP want the cheap land