The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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"Amazing how you seem to disrupt this board"
Like that, I really do!! pmsl
esquimo
Yes I agree with both your 10:05 and 11:39 posts.
The trolls and naysayers days are numbered, although some will say: "I didn't say that" and to any Edenville's success they'll say "I knew all along" but we know the truth !!
Some have spent years talking this share down, most have gone, some clearly remain!
MrNation - I truly hope you're right. GW
esquimo - but why is our share price not moving?
It's all "potentially" great news, as I posted when the 29th July RNS came out (despite some saying I never say anything positive). But we've issued too many "potentially" good RNSs in the past.
It's not about the opinions of any PIs on here and all the abuse, accusations etc etc (I'm not saying from you) is irrelevant because MMs don't give a stuff what we're saying, it's how the market is viewing us as a company based upon the information AM is telling us all. It clearly isn't enough, yet.
I did miss 1 point,
Imported personnel with the expertise and skills to successfully run the mine
i hope that the directors show us the way and buy a few shares
Some will just talk this down because that's what they do. I personally don't particularly care about the reasons anymore (I did once).. As long as the SP goes up (for now) I'll be very happy !! AND to-date the trolls have all been 100 wrong,....some noticeable by their absence!
All imo pdyor
Advance payment
coal out of the gates
production to be increased plus further investment in plant
What more do you need
I suspect your take on that is close to accurate, some peoples idea of profitable is different form others, just saying look we're making money, over the running and administration costs isn't profitable, if you're having to poor every last cent into paying off the debts accrued whilst running at a massive loss, a structured way forward, showing how much money is left after a planned schedule of repayments is what;s needed, but there's no way they are going to tell us lowly shareholders that information, but, as you said, that is what the market wants, because of previous fraud
The market is after one thing - tangible figures on profit.
According to AM, we'll be going from a position of losing c£70k+ per month on our operations to being profitable on every tonne we sell. How does that work? If we are going to be profitable on every single tonne from 1 September, why do we need to raise funds, borrow money, retain the CLF, set up a £1m loan agreement etc. If it's so easy, why haven't we done it before?
That would lead me to believe that we will potentially be profitable on our cost of sales, but our profit from the mining might not cover our administrative expenses, BoD salaries etc until we can get much larger tonnage throughput and better economies of scale.
It's quite clear to me - until we can demonstrate to the market that we have a business model that works and will get us into profit as a company with some supporting figures, I feel there will remain limited confidence in us. GLA
What else you ask? The market will probably want to see Edenville hand it over on the 1st September, being that they made such a gash of running a coal mine for the last few years!!!!
We all know a coal mine will be judged on the level of output of saleable coal and the revenue obtained from said coal.
Aerial, I agree.
Agreements to be signed this week, ??? details,
coal out of the gates next week. What else can the markets want to kick start the rise? GLA
Not long now