The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hilarious day on the board.
Thanks folks.
Luego.
“Where’s this “trillion shares” stuff coming from?”
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It’s a baited hook.
per ardua ad astra
skier1 please could you explain why you think a trillion shares of value 0.1p is more likely than a $600m bond offering with ~13% yield plus (maybe) 2 shares per dollar in warrants as a sweetener?
Where’s this “trillion shares” stuff coming from? Is there any company in the world with a trillion shares???
Skier1.
C'mon mate let's have another my ribs are aching lol.
What a star. Do you wear a trilby and long shoes
Skier1 said this.
“ You're looking at a possible placing of 1 trillion shares at 0.1p to get the mine, conveyor and tunnel finished!”
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That’s another belter. A TRILLION shares at a tenth of a penny?
LMBFAO. :-)
What a bizarre statement! LOL
Skier1.
Tell us again about the low grade polyhalite. I loved that one haha.
Posts on here this week are (once again) being reported and censored!... Always a sure sign "investors" are scared.
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More piffle from Skier1.
Someone takes offence at Danaman or my replies to Danaman should you really be observant.
Posts on here this week are (once again) being reported and censored!... Always a sure sign "investors" are scared.
This has $500m debt, needs another $3.5b, and has barely $100m cash.
You're looking at a possible placing of 1 trillion shares at 0.1p to get the mine, conveyor and tunnel finished!
I'm not expecting anything short term.
It will get there though.
I was beginning to lose faith in afc energy but they came through.
Patience... This is a long player. But will be a good payer.
Fortunately, the RNS wasn’t issued to alleviate your fears.
It was an update on where our company is.
What will be will be.
OR
Yesterdays RNS has done nothing to alleviate my fears going forward. Reading between the lines it seems CF is doing his utmost to stop a complete takeover at some ridiculous price when the money runs out. The cold hard truth is that SXX is on its knees begging for money from anyone and trying to sell a revised plan to the markets trumpeting cost savings and de risk features. All very well but at this sharp end of business any serious player will just take the whole lot on for a pittance and reap the rewards. The stg 2 finance I always felt was a bit dodgy with JPM offering 2'5 Billion when the risks were even greater then. Admittedly it came with the caveat of raising the 500 million bond first which should have been a formality with the 2.5 billion in reach, but I personally feel it was set up this way to fail with JPM immovable on the terms. This trashed the SP leaving it at the mercy of predators and shorters. The shorters piled in because they knew the bond would fail and they would clean up. Bearing in mind SXX have still to borrow 3 billion from somewhere over the term I cannot see anything other than a buyout more than likely out of administration. Unless of course there is a benevolent mining company or very rich investor willing to put up the money as debt for a large return without taking out the present shareholders completely. Stavely sorted the money for Barclays from the Qataris maybe we need to bring her onboard to seek out the funds.