The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hopefully so. The SP isn't reflecting the actual trades made as per usual ...
Fingers crossed we'll get our long awaited news soon.
GLA
News can't be far. Still no update on mpram website.
Can't keep dragging the results and LP out
To be fair I’ve been here since mid 2021, so by no means a LTH, but equally I’ve been invested long enough to realise things move at a glacial pace here.
Ojay. Or the newbies become long term holders just like us .
And no why would it bother me if newbies gain. I'm not that kind of person .
Haha - you pays your money & takes your chance. What differentiates a "newbie" from a LTH adding to his/her holding?
Horsers: The thing is that all of a sudden "newbies" will jump in and get all of what we LTHs have been waiting for so many years. Would that disturb you?
Doc 'But in the end it ultimately comes down to the LP. January is nearly over. If we don't get the LP within that 1-3 months that was told to us, then MB should communicate and update investors. The update might be that there is no update. Fine, but keep us informed'
Don't worry true as form MB will throw another operational update in Feb stating Dqe negotiations going well. Borders are reopened . Kit in place and talks with MOg for land permit remain positive etc etc etc. Newbies you will need patience of a saint for this one. We were in the same boat last year . Jan 22 passed no news Feb march 22. Drilling season started April 22 still no news. All the way through to end of drilling season . It's de ja vu here we are again new players renewed optimism. But nothing tangible in over 3 years
That could be used on so many other boards to let the CEO in each company know what they should be doing because I am in a few where communication is virtually non existent.
Master/Ojay - there could be a big sell order being worked for all we know. They only have to book it out as one trade at the end of the day. In addition, if it's very large then transaction reporting rules used to allow extra time to report, i.e. not that day. Although it's been a while since I looked them up so they might have changed.
I think we have to be careful saying there's a large buyer or seller cos they can take all my millions of shares in one go. There's many things that can affect the price over and above more sells than buys or vice versa, as we are seeing.
But in the end it ultimately comes down to the LP. January is nearly over. If we don't get the LP within that 1-3 months that was told to us, then MB should communicate and update investors. The update might be that there is no update. Fine, but keep us informed.
I thought I'd steal this from a poster over on another BB I frequent. Very apt for many AIM stocks and I think MATD and MB, who haven't been the best at keeping us up to date:
Geraint Anderson, CEO of TT electronics plc: “You must have regular dialogue with investors and analysts to build trust and credibility. You need, first of all, for the investors to understand your strategy and then you need to build their confidence as you execute that strategy. You need also to be very clear in setting the expectations as you will always be judged on what you said you will do.”
Call me a conspiracy theorist but I reckon there are many ducks to be gotten in a row, starting from the friendly ducks, before they let this one go. After all this is the chance of a lifetime and as sure a bet as they come for some, if they know what we think we know. Just pure speculation of course.
GLA
master82: Right on. Manipulation at its best - as usual.
I am used to the fact that rumours are good for rises but only facts will trigger a sustained SP rise, i.e. LP.
Once again, we just need to be patient (I know: we're hearing that constantly).
Well, here is a transcript of what MB had to say about the financial situation of PM... It sounds very reassuring to me :
"well we raised 10 million dollars in 2021 in the in the hope of being able to start because of all the promises that have been made about the land issue being fixed so quickly obviously that didn't happen but we haven't sat on our hands for the year as I say we've we've bought equipment we're around about six million bucks in the bank now... you know we've been reasonably through with it on overhead we certainly haven't recruited anybody new we've been running with the same team we've had throughout we intend to continue with that as we enter into the development so we've got plenty of money left for the completion of Heron and some more drilling depending on what we finally come up with on terms and conditions for the dqe drilling contract and yeah we have money available to drill Velociraptor one and we'd like to get started on renewables so at the moment the cash position is reasonably good "
No idea why folk are panicking and selling.
Dont give mms any shares and price will hold .
5x more buys than sells and sp is down.
Totally manipulated
The SP movements for MATD rarely makes sense. Today is no exception.
Mms can take the whole 2.5m in 1 go . Whats hoing on.
Mms playing games. Why would they take the lot .
This section tells me that there have been people who HAVE been holding up the granting of permits for their own reasons and in future they will be bought to book. Great news
It is emphasized that individuals and legal entities who violate this law are subject to the provisions of the Criminal Law or the Law on Violations"
If the mining journal comment kindly provided by Jimi is in anyway right you can smell the LP authorisation coming through...on that basis its got to be another couple of hundred more quid buy for me..
Ojay - yes google translate.
I think as Dozzawba says - this is most important bit.." ...However, according to Article 9.1 of the law, the Council under the Prime Minister will supervise the implementation of the law and the activities of authorized persons"
Researchandhold, you beat me to it. Excellent find Jimi, that last paragraph is massive to PM, takes the decision away from those corrupt b*stards who have been holding the LP and PM up for their brown paper bags of money.
Research: I assume you provided a (google) translation. First half of it is - at least for me - not so easy to understand.
Let's hope it's not detrimental to our interests.
Thanks Jimi - last paragraph is interesting:-
"However, with the approval of the Law on Permits, the Law on Special Permits for Business Activities was repealed, and the special permits that were regulated by regulations became regulated within the framework of the law, and now have the category of special permits. Sections 8.1 and 8.2 of the Law on Permits specify the types of permits depending on the field of activity and the authorities authorized to grant permits. However, according to Article 9.1 of the law, the Council under the Prime Minister will supervise the implementation of the law and the activities of authorized persons. It is emphasized that individuals and legal entities who violate this law are subject to the provisions of the Criminal Law or the Law on Violations"
Brel
Have you listened to the recent MB presentation. You will find a full explanation of how the multi well approach will be funded on the Heron site.
Some nice big buys rewards coming maybe late Feb/ early March before we hear anything concrete.
Just hang in there boys. Been holding on for 12 years so can wait just that bit more.
Been topping up and topping up while looking at private islands.com