The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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good post indeed AM90.. and good interview by Bill H in fairness ....
you finish : ''I think it's fairly obvious the route this is going on.'' Indeed but the timesframes are the bigger question and a lot less obvious to get a good view on imho.... but you've gotta have a view in this game.. so my latest view is another raise here in Feb/March for more drilling in 2022 and no sale /part sale pre oct 2022, at earliest.. and 40p upon mre this Dec would be a fine achievement and is a long way from a given ....
interesting interview summary tweet by Wardog...
https://twitter.com/BlockChainBOOM/status/1451131189457215489?t=L_4qskStMhdl3QNG512Huw&s=19
great post AM90...
i'm not letting go of my shares...
my simple stance...
just on BAM gold deposit alone if MRE by xmas comes in at 1.5Moz that would give broker target of circa £100M mcap , leaving aside all our other assets...so risk/reward in my view very compelling....GLA
The '2 Moz story 'is complete mis-information.
2 Million ounces were NEVER expected in this MRE. What BH has said on multiple occasions now is that they were looking for a perceived 2 million ounces and they expect to exceed that. Perhaps and overall resource of around 1.5 M oz, but then a clear exploration target to take the overall figure over 2 million ounces. Plenty have mentioned this. But it still seems to get misunderstood.
"The guys with confidentiality agreements, the big boys, have said to us we want you to show us that you have the potential to get to 2 million ounces and above. You dont have to have this in the resource, you just need to show the potential" - BH quote today.
He has said this in virtually every interview he has given in the past 12 months. Some mis-informed comments on here.
They are going to get the MRE done in late November - which probably means by xmas in LND time, then offer both or one of the assets out for sale. Does not guarantee that a potential suitor will bite but, why wouldn't they?
MId-tiers/majors need to replenish their reserves and they are cashed up
LND assets are excellent
LND want to sell.
I think this is a very rare play which is not fully understood. How many companies with such excellent assets, but clearly undervalued market cap are there actually out there in the AIM miners? Then throw into the ring that they want to sell. I think its fairly obvious the route this is going on.
the very strong trading volume going thru here - 3m ish in first 3 hours of market - today helps me form a fairly clear view that recognised 'block' holder(s) - such as Cannacord for eg - are clearly - still - in dumping play here.. as well as short term 'flippers' and until that ammo is exhausted it's going to be hard for this to rally strongly imho , sadly
such ongoing volume levels and still no next - beyond JWH's last - TR1 to say a bigger than 3% holder is finished their dump is very exasperating to me , as many of you are no doubt gathering from my posts :-)
good post AG1989...
and for me ties in nicely with
“…we need to leave a lot of exciting stuff for other people, otherwise they just won’t come in…”
credit to TMS for that quote
https://t.co/txA0qZMf7t
Very good interview.
Interesting strategy. Instead of using the current campaign entirely to expand the Resource, it’ll serve two purposes.
-Upgrade the resource
- Expand further, areas that may not be considered in the resource upgrade but will show potential suitors, the potential of hitting over 2moz
Where are all the 2m oz update bulls now? Bill said that ain't going to happen in the next mre update, which won't be until end-November at the earliest.
A staged technical rally, with the usual suspects selling out before today's non-news interview and rns.
This is going to be a 2022 story, if it ever gets legs.
whilst slightly irritated that i didn't wait a few days before increasing I don't see anything has changed. All that has happened is a few short term punters have exited their positions when the news was just as expected. There is nothing in the news or the interview to change my view that this is a speculative, but likely very rewarding punt on assets that are clearly worth significantly more than the market cap. There will always be swings in this type of stock as it cannot be valued on PEG etc. Holding, will add more on weakness. Expect to cash in by next summer at at least double today's price. That is not a bad return.
lol Bill yes please leave
the cost of RNS are built into the annual NOMAD fees they are not charged for each issue
Bless her, Sarah did try, however Bill really does need a rocket up his arse.
New younger who vibrant CEO would be a welcome change.
Excellent RNS today
"RNS's cost money"
If a company of this size can't afford to lob out an RNS, what are we all doing here?
I agree biker, but RNS cost money. Excellent interview on TMS. I will continue to add on dips, anything below 30p. Barring a total market implosion this is about as nailed on as it gets.
Drilling started and battery metal review. Nothing that couldn't have been tweeted!
I think that's the issue on the table. You can do an interview without something new to talk about, many companies do. We must all be prepared to accept that the interview will just be a re-cap of the current state of affairs. The timing is likely because the recent big seller is now out, rather than a massive RNS.
The expectations are running high, and companies (especially ones on AIM) have a tendency to disappoint the impatient investor.
The interview is taking place tomorrow I think so I’m expecting a 7am RNS Tomorrow or Friday depending when it’s being released. You can’t do an interview unless you have something new to talk about.
I’m not going to try to guess exactly what the RNS will be about but it could be anything from Drilling started, JV, MRE, MRE and PEA., or something else…Take your pick. Too early for an offer yet IMO looking forward to tomorrow.
Am90
With the mre they will have a resource of 1.6moz and exploration target getting it over 2moz with the drilling to commence in the western section and the felix.
Hiring a new board member who has alot of experience in mergers and aquisitions speak volumes.
Face to face I think,
An interview is an interview, I dont see how people could expect too much. I think people are generally interested in any snippits as to how the company is going to move forward e.g. Takeover/JV etc.
Yep fundementals and understanding value are the crucial things here.
Am90
Is this written interview or video face to face.
I think alot of people have put too much emphasis on this interview and forgot about the fundamentals.
The interview is being released tomorrow morning I believe pre-market. Make of that as you wish.
The thing to remember is our market cap is still only £27 million - it remains horrendously undervalued.
So you think MRE showing 1.6Moz of gold and npv of over $500m bad news!!!!
And at no point did I say or imply that it would be bad news?
Hahaha I think these would be great, however the below is exactly why I think there’s a lot of investors going to be disappointed lol.
So you think MRE showing 1.6Moz of gold and npv of over $500m bad news!!!!
For a company with mkt cap of 23m.. :rolleyes. I'd prefer the 10%'er bail and real gain be made when they sell it within 12 months.
Tell me again how much do ggp have? Mkt cap 600m...
Yes, I didn't word the first post correctly, I know it's speculation. That's why I think there's going to be a lot of disappointed investors. The other point relating to news (when it arrives) remains. I don’t think it will be good enough for a lot Investors. I'm not even sure there be anything this month