The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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She’d - ‘ hopefully the news will continue to flow’
‘Continue’???? Did I miss something?
Interesting article on break through in zinc air batteries:
https://oilprice.com/Energy/Energy-General/Zinc-Air-Surpasses-Lithium-In-Major-Breakthrough-In-Battery-Tech.html
Shed will tell you news is definitely due soon and make it sound convincing only....the news never arrives or if it does then it's just a precursor to the next news which is what we really need, and so on and so on. Been here for years and left in bottom drawer but it's a lifestyle company. No two ways about it. directors taking salaries for years without ever delivering anything decent for share holders. Company comms are almost non existent but a couple of regular posters here always seem well infdrmed soI deduced they're company employees and probably just get paid to try and keep something going that pretends to be a junior company in the mining sector. It isn't. It just takes money from investors and dilutes, dilutes and then needs more money and...that news the company needs is just around the corner. Honest, it is, it's almost here...
I have thought about averaging down on this share and every other that I own, every time regretting it as when I did the SP fell!!!
So not doing it again.
If you need a share crash then let me know which company it is and I will buy in, this is my super power!!!!
Has anyone taken advantage to average down over the past year?... there never seems to be much stock about and the almost total silence has held me back... but if news is due I might take a punt... if only to lower my miserable 7.35p average... 65% down.
Hi mailgirl still here!!!! Still waiting and still poor!!!!
One day I may be lucky and break even and my wife might start talking to me again....
Keep checking on us you never know news my come causing me a heart attack then I may need CPR!!
Hi Mailgirl hopefully the news will continue to flow, last environmental report for the MLA is due by the end of the month so I assume they'll announce when the MLA is actually lodged with the Junta.
Good morning Shed, Bricks, Cjen, Chri5p, Grappa, Jedster and to all those from the years ago. I hope you are all keeping well. I'm still here, still invested and still check in to read.
Interesting to see the new ones that have started to pop up over the last few weeks.
Hi Buzzcoin - those results do indeed make great reading and will substantially contribute to our new JORC. We actually reported them on the 4th though. I had assumed that Denarius were waiting for the assays from the final hole 051 before announcing but they haven't been returned yet so that will likely be the next RNS here if they decide to report the findings from one hole.
Nothing to see here ever!
LOL - Nothing to see here today. Stop pumping! Are you saying WoW rns are on the way? Don't make yourself look stupid and silly.
Https://www.investorsobserver.com/news/qm-pr/4911719378706143
Hey Shed, Ben away for a few days.
I thought something was about to happen here? Imminent? Surely? Myles not due to do any work until morning if 31st August though. Silly me. What a sham this company is. Myles C must be laughing his head off every month he collects a pay cheque for doing sweet FA!
Thanks for letting us know - should we follow your lead?
Got my 1k this morning will look to add over coming days
Surprised my kill or fill order at 2.70 wasn't filled 1k
.... sorry should have been clearer - a NEW PEA appears not to be a requirement for the MLA to go in. They could of course make the application with the old PEA on the understanding that a new one is pending.
I've never been sure about that to be honest. In the last presentation it doesn't say that the MLA requires a PEA simply CAPEX and OPEX figures close to a PFS level of detail. In the last RNS it says that the only pending requirements before sending the MLA is the final environmental report so on the face of it the PEA isn't needed for the MLA it turns out.
Morning Shed, going back on BricksSA point about BFS, the MLA almost complete and the new PEA (which I am also positive on) the authorities will need to see the viability of the proposal (I don't think a BFS is required). Will the new PEA be part off the MLA.? Once a ML is given to EMI they would not take it away either IMO if the funding proposal for the mine changed.
CHRI5P I do think they will want the new PEA as soon as feasible on the basis of what has been achieved since 2020. Most notably for me - ore sorting proving that early years conc will now be economic which should bring down the payback point plus reducing plant size. Record grades of Zn in 2022 and now our highest silver. Completed metallurgy which wasn't in the 2020 version reducing economic risk. Completed hydrology, completed geotechnical surveys and now completed environmental reports. So the new PEA will be pretty shiny compared to 2020.
Shed the most interesting thing is that we have not produced a new PEA. I speculated 8 weeks ago that the November 2020 PEA could be used because it show the viability of mining Toral with a 4 year pay back.
Exactly Shed, I have owned and researched hundreds of companies and not one of them get a BFS before a Mining Licence in fact quite a few don't even get a formal PFS. As long as all the questions are answered to the council's satisfaction.
That’s it Shed and Chri5p keep em coming. You’ve got everyone fooled this is a real company and it’s actually going to offer share holders a return one day….
Not
Just thought I'd post this as I missed it while skimming the last RNS. With reference to posts questioning requirements to lodge a MLA, "The Company's mining licence application process has been progressing well with 95% of the requisite reports completed and submitted to the Regional Mining Authority, with currently only one environmental report outstanding that is in the course of being finalised". I do think Bricks raised a reasonable topic of discussion with regards to bank guarantees but I certainly can't find anything to say you need this before a MLA. In a way it would be putting the cart in front of the horse, in that wouldn't an investment bank want to know you're permitted to mine it before committing funds rather than commit funds prior to a MLA?
From what I have read over on Denarias we are looking at approx 2 more years before we go to mine.
Think I will put this share back in my safety deposit box rather than my bottom draw.
Saving it for a rainy day.