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.
Good post Brad.
So GG has been assigned with the task to sort out the vital PPA with the BG, how many shares does he presently own? Well looking at the share register he has 330,000 shares. Now, as a well paid member of the board, why hasn't he stuck his hand in his pocket? I used to own 3x the number of shares he has!
It's going to be months before this PPA is sorted (assuming it will be), come on GG, stump some of your 'hard earned' cash and make a significant Director purchase, otherwise people might start thinking that for you this is just a lifestyle company that just pays you a big salary.
It was interesting watching Tony Gilby's expressions on his face as GG was speaking, they clearly rehearsed most of it before and you could see the releif on Tony's face when GG mentioned those significant points that he was supposed to highlight.
Company has enough funds for H1 2020, one thing I have noticed historically about TG, he likes to raise money nice and early well before things start getting a bit tight and therefore I can see a raise happening in the next 3 months, especially if the PPA is not signed off soon. What will the price be? my guess 2.5p
Same old same old in that interview. Im switching off from here until Q2 maybe something may happen (apart from the inevitable raise) by then.
damo , it is what ther did at Selemo.
They had the flare burning 24/7 and decided to make use of some or all of the gas to power a generator instead of buying diesel.
That electricity is being used on site.
If flows are fluctuating and are high at their peak, we are wasting more than we were at Selemo. If they put it into a generator it will be interesting to know what size it will be.
I dont think Tony would have put the chances of commercial gas at 100% on a whim.
There is a limit to the number of times you tell the kids when you are going to arrive on a long journey to a holiday before you feel like screaming. I reckon TG has told us we are on a certainty but , like us, he cannot put a ribbon on the finishing line yet because the number of laps is uncertain!
They really haven't thought about their commercial model. They may have good engineering kit but in the areas they operate they need a robust commercial model that stands up to political and government scrutiny.
Tlou always seem to overpromise and underdeliver.
So two thoughts on this interview. First was that is doesn't look like much will happen for the next couple of months - so let's call that 4 months then.
Second and more interesting was that they want to sell the gas they are currently wasting, into the system as energy. Does that mean there is a commercial flow rate? Or at least a rate that will allow an RoI for a very small power project. Just thought it was interesting that they were talking about selling the gas they are wasting.
Chat next in April!
If Tony had hair that interview could easily have been a Danny Glover Mel Gibson reunion for Lethal Weapon 5...
I was thinking along similar lines. Nothing new, gg said another couple of months and they might have something with the ppa blah blah Blah. Solar blah, funding blah connect to the grid by year end blah ( not a chance of that happening).
very positive ,anytime soon,If they didn't have different shirts on I would have thought it was the last podcast they did together.
Cheers Paris, saved me hunting for that.
Thanks Paris!