The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Mol, in the last Webinar, GR said the sample was sat on the dockside in SA , unfortunately in lockdown.
Wolf, pretty sure last webinar they hadn't even shipped them yet
you lot still think he's going to step down...... awww bless !!
You may well be right Chip, it would be useful... If we had the results of the 5 tone bulk sample of wolframite sent to Durban though.
Magoo, those tailings won't bring in a bean after operational costs to process. Then are only good to bump up the run of mine. Of which there is none...
I'm going to agree with you... at least for the most part, CF. I think he genuinely wants PREM to do well but has made the wrong calls so often.
I sincerely hope that he can "finish well" and that something significant comes to fruition before he steps down. The next announcements on what he'll do with the head room is critical - let's hope for no surprises!
CF73
You say the EPO has now been signed off by the Attorney General. Is there any evidence of this or is it just an unsubstantiated genuine rumour.
I imagine if you are stating it has been signed off you have proof you can share.
Bickmaster
I agree with your assessment of George CF73. Far more realistic than some of the others on here. Good post.
How true Mr Magoo, lots to look forward to and it's within touching distance. Been here so long now, not giving up at this stage of the game.
"A more precise view of this is to see putting PREM right as GRs final mission, ... ..."
Good Lord @CF, just when I was beginning to think there may be hope. I sincerely hope he doesn't see this as his final mission but rather acknowledges the current state of the company and hands over to someone who can actually achieve something.
Let's see what the next few months bring.
Am not going to argue that GR has been pants, making a balls-up of things here. However, this isn't a lifestyle company for him. He has a huge amount invested here and is well down (at 7 or 8% of the stick, plus loans converted at 0.50p and variousother loans he's converted to shares, at rates we wouldn't get anywhere else). He's pushing hard to bring PREM out of the mess he put it in the last few years (albeit, not everything has been in his control). A more precise view of this is to see putting PREM right as GRs final mission, before gives up (some) control, perhaps even to see that mission as an obsession, with his pride at stake. I view that as a more accurate portrayal than this argument about it being a lifestyle company. His pretty rich and could walk away (though having to take the loss with him).
Lets rememebr he has Neil Herbert and SD tangled in this. They are not small hitters. Let's also remember that other miners in places like Zim (e.g. VAST) await news, that there are quite a number of EPOs waiting to be signed-off.
PREM EPO now signed-off by the Attorney General, and is now at the final stage. We are SOOO close!
The idea of this being a lifestyle company does not carry true for me. An obsession, yes. Thakfully we got Herbert about to get more involved, with MNH designed to unlock ZULU EPO. The timing is all there to see.
Good luck all the genuine folks!
I agree @morris. The current CEO has shown he cannot deliver any value or return for investors whatsoever and his credibility is shot both with investors and the market IMO.
Would you give him a contract/mine to operate based on his track record of delivery? No, of course not.
The only RNS I suspect many are waiting for is one which says he has been replaced. This alone would probably result in a 100% rise. Anything else is noise.
It doesn't matter how big an area of land we have, or how much potential value it contains, I think it has become pretty clear to all that the current CEO cannot make it operational, let alone profitable.
Acker, how many times he going to keep releasing shares though without getting any value back? It’s shocking. I’m starting to side with this been a total lifestyle share for him and it will go under in the end.
With this share Iky, who knows it could go either way.
I have a feeling that nothing will happen much with the SP, although I hope it goes up
I must confess to being a little surprised a the lack of movement in the SP this week.
At this price CEO will have to issue an awful lot of shares to raise the required $700.000,more than he anticipated IMO.
However,he will get the required "green light" to proceed.
What happens next--very interesting .
Acker
Morning all.
What can we expect /predict today ? With the all important meeting etc, what affect will this have on the sp? Genuine question.
What time is the votes?