The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Nu, was on the road this afternoon so wasn't able to watch the price action. Have also learnt not to worry about leaving things another day with this stock ;-)
It's hard to generalise about sellers and why/when they do so I've given up !
Fingers crossed as always that finally GB will get that contract sorted for all those PD's that aren't quite in mass production yet ;-)
Whatever happens now, the upside has got to be a better risk/reward than down from these levels!
AR,
You might be able to get another 50k at this rate. Funny how our seller waited until the first decent size buy and uptick of the day to sell their volume. Smacks of a holder who got lots of shares at much lower prices continuing to sell down and just reducing their average profits, otherwise why sell at rock bottom rates for a loss? Yes I know some people have circumstance which might force their hands etc etc but timing of our seller shows they monitor DVRG trades/prices very closely. ALL IMO and WTFDIK. Roll on next week for something we can finally celebrate perhaps.
There must be 2 50k ers Nu, cos I don't wanna pay over 12.29 ;-)
ha ha........!
love it NU......!
All the best (world wide Wombles.........! :()
We are the Water testing Wombles.....
Mr50k loves us today
https://www.thetimes.co.uk/article/raw-sewage-in-rivers-to-go-unchecked-w6ndkbmsw
https://economic-times.co.uk/politics/govt-allows-raw-sewage-into-rivers-to-go-unchecked/
https://www.reddit.com/r/unitedkingdom/comments/urgiyq/raw_sewage_in_rivers_to_go_unchecked/
What the gov says it wants to do and does are very different. Yesterday articles all over the press highlighting how the gov will continue to allow raw sewage to go into rivers unchecked. Check Google out.
Any idea re China resources, the initial aim was for an signature before end of last June to be operational by Sept, pushed out to year end and now silence. I would not hold your breath for UK monitoring any time soon.
Trills
Well done great find and 100% relevant and up to date research. Nicely done.
The Government has reinforced its commitment to improving water quality including through plans for water companies to eliminate harm from sewage discharges.
https://www.gov.uk/government/news/delivering-the-water-quality-we-all-want-to-see--2
Cheers Smeeno, does look encouraging.
Amazing find.
We recommend that the level of financial support provided to the Environment Agency be reviewed as a matter of urgency in the light of its new statutory responsibilities and the scale of the regulatory task it faces, recognising its continued need for efficiency. (Paragraph 352)
Through the Comprehensive Spending Review in November 2021 and subsequent budget determination process, Defra has reviewed the Environment Agency’s Grant-in-Aid water quality budget. The department has made significant increases to the Environment Agency’s budget for inspections and enforcement of the farming sector and water companies, allowing 500 sewerage inspections per year and 4000 farms visits. In addition to increased funding to enable the Environment Agency to modernise and digitise their water quality monitoring system. The Environment Agency also receives charging funds from permits that it can use to increase compliance.
Technology for continuous monitoring of water quality is evolving rapidly. We recommend that the Environment Agency invite manufacturers to submit products for evaluation so that the Agency can rapidly introduce cost-efficient and effective sensors at an increased number of locations. (Paragraph 170)
The water industry is required, under the Environment Act, to install continuous monitors upstream and downstream of all its sewage discharges. The Environment Agency will supplement this with their ongoing use of continuous water quality monitors to investigate pollution sources from all sectors. The development of cost-efficient and effective sensors is largely a matter for manufacturers. The Environment Agency do not have a role in product evaluation.
We recommend as a matter of urgency that the Environment Agency work with water companies to ensure that easily accessible information on sewage discharges in waterways in as near to real time as possible is made available to the public, as now required under the Environment Act 2021. (Paragraph 70)
We agree that the quality and transparency of public data on sewage overflows must be improved. The Government is already working closely with the Environment Agency, the Storm Overflows Taskforce and the water industry on relevant proposals to enable this and ensure accountability. Water companies have committed to bring forward full event duration monitoring by 2023. The Environment Act also introduced a duty for water companies to monitor the water quality up and downstream from their assets and we will be bringing forward more detail on this in due course.
An interesting read,
https://publications.parliament.uk/pa/cm5803/cmselect/cmenvaud/164/report.html
We recommend that the Secretary of State for Environment, Food and Rural Affairs commission, in conjunction with the devolved administrations, a UK-wide survey of emerging pollutants and microplastic pollution of river environments, including an assessment of their potential impact on aquatic ecology. (Paragraph 42)
Through the Environment Agency, we are investing in cutting edge analytical techniques and are planning to scan for over 1,500 specific chemicals in the surveillance network across watercourses, and continually review and add to the list of chemicals to look for. To supplement this targeted analysis, we are developing non-target screening in water, biota and sediment allowing the detection of the presence of more than 65,000 different chemicals.
Water quality is a devolved matter and there is existing, strong coordination in this area across the UK administrations, not least because river basin management planning covers cross border river basin districts. At the working level, the UK Technical Advisory Group (UKTAG) comprises experts drawn from UK environment agencies and conservation agencies. The UKTAG develops guidance and makes recommendations to the UK’s administrations on technical aspects of implementation of the water quality regulations and river basin management planning. It operates through a series of technical task teams established for specific subjects including chemicals, marine waters, water resources, groundwater and fresh water. Through this work, we have a good picture of the UK’s water environment overall.