The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Surprised it hadn’t gapped to 5p. Expect much larger buys as the news is absorbed by the market
Ha , The little drop yesterday ..... and the open.
Gathering shares as most of us suggested.
Roll on
Then the JV announcement
OML11
OPL325
Happy days
Funding still needed but they have had some exposure now and investors will see what they have
Was 2.85 for half an hour then boom.
Let this be a lesson. Just buy.
Hammering at 4p
Says it all
and the comment a ‘WORLD class asset’ 774million barrels of oil it bloody should be 232mmboe for LEK.
Engr. Yusuf K. N'jie, Managing Director, Optimum Petroleum Development Company, commented, "We are pleased to continue to support LEKOIL by deferring their obligations which were due this quarter. We remain confident in LEKOIL's ability to by July this year, raise the financing that is required for the commencement of the appraisal drilling programme for OPL 310 which we truly believe is a world class strategic asset."
Lekan Akinyanmi, LEKOIL's CEO, commented, "We remain excited about the opportunities of OPL 310 and are focused on securing the necessary funding under the revised schedule. We are grateful for the support and commitment shown by our partner Optimum, the Operator of the OPL 310 License. This alignment with our partner is crucial in unlocking significant value for all our investors and stakeholders."
Large investors and other institutional will be happy with that
Excellent news, as you say clearly want to keep the asset and they're happy to extend
Clearly confident of ataining funding in short term, and keep their interest in the assett. This is great news. Push back towards 5p over the next few weeks i'd say.