The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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TDT, more than the cost. If we get there we will be much higher than current SP which has to be the focus.
13.8mtpa figures bandied about are headline and maximum figures for offtakes, the market for polly 4 is 2.5mtpa and its hoped to increase the demand to 10mtpa based on current costs projections of mining it. If the construction and mining costs increase, the buyers have options to reduce what they buy as customers will seek cheaper supplies of fertiliser. The mine in it first years won't have the capacity to produce 13.8 mtpa.
corrected link https://www.proactiveinvestors.co.uk/companies/amp/news/905467
The article ( amongst other errors ) says the market for Poly4 is 2.5mta - but we have take offs for 13.8mta.
Still all to play for in my book.
relegated because other companies split - nothing to do with being dropped.
Next review ( Dec ) would have seen SXX move to small cap because the mcap is currently so low. An sp of around 8p would see them back in the FTSE 250 - possibly in Q1 2020 ? Who knows - but we aren't dead in the water yet.
It is true, bro.
Relegated to the FTSE Small Caps, and the prospect of mega funding for a mega tunnel by a tiny company are "pure fantasy".
Which is pretty much what several folks have been saying here for over a year.
A good read:
https://www.proact*veinvestors.co.uk/companies/amp/news/905467
Cheers JR
Didn't make sense but on the road and internet access limited to dig further. Some real parasites in the world these days
Cheers again
it's just more fake news groover, best to ignore and wait for the update from the company which will hopefully come before the end of this month, then everything should be much clearer and more positive for holders here.
Just read article saying sxx was dropped from the ftse today after analysts sited companys recovery plans as 'pure fantasy' and it will probably go private
Anyone heard of this as mindful of fake news. It was published via proactive investor