The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I loved it, thanks for sharing.
Local humour, sums up the sentiment here.
In the year 2020, the Lord came unto Noah, who was now living in Australia and said:
"Once again, the earth has become wicked and over-populated, and I see the end of all flesh before me.
Build another Ark and save 2 of every living thing along with a few good humans."
He gave Noah the blueprints, saying:
"You have 6 months to build the Ark before I will start the unending rain for 40 days and 40 nights."
Six months later, the Lord looked down and saw Noah weeping in his yard - but no Ark.
Noah!," He roared, "I'm about to start the rain! Where is the Ark?"
"Forgive me, Lord," begged Noah, "but things have changed."
"I needed a Building Permit."
"I've been arguing with the Boat Inspector
about the need for a sprinkler system."
"My neighbours claim that I've violated the Neighbourhood Bye-Laws by building the Ark in my
back garden and exceeding the height limitations.
We had to go to the Local Planning Committee for a decision."
"Then the Local Council and the Electricity Company demanded a shed load of money
for the future costs of moving power lines and other overhead obstructions,
to clear the passage for the Ark's move to the sea.
I told them that the sea would be coming to us, but they would hear nothing of it."
"Getting the wood was another problem.
There's a ban on cutting local trees in order to save the Greater Spotted Barn Owl."
"I tried to convince the environmentalists that I needed the wood to save the owls - but no go!"
"When I started gathering the animals the RSPCA took me to court.
They insisted that I was confining wild animals against their will.
They argued the accommodations were too restrictive,
and it was cruel and inhumane to put so many animals in a confined space."
"Then the Australian Environmental Agency ruled that I couldn't build the Ark until
they'd conducted an environmental impact study on your proposed flood."
"I'm still trying to resolve a complaint with the Human Rights Commission
on how many minorities I'm supposed to hire for my building gang."
"Immigration are checking the Visa status of most of the people who want to work."
"The trades unions say I can't use my sons.
They insist I have to hire only Union workers with Ark-building experience."
"To make matters worse, the Inland Revenue seized all my assets,
claiming I'm trying to leave the country illegally with endangered species."
"So, forgive me, Lord, but it will take at least 10 years for me to finish this Ark."
"Suddenly the skies cleared, the sun began to shine, and a rainbow stretched across the sky."
Noah looked up in wonder and asked,
"You mean you're not going to destroy the world?"
"No," said the Lord.
" The Government beat me to it."
@TouchstoneExp
'As we near first gas production at Coho-1, we continue to work on the final construction phase at the facility, including the installation of the communication tower. #TXP #Trinidad'
Many locals in agreement with this sentiment and the failure of the political class, and government, to up their game:
https://www.guardian.co.tt/business/how-easily-we-accept-being-a-thirdworld-country-6.2.1497842.3783d4709e
'He could perhaps have talked about the BHP project and the plans to bring it to market, or the potential of the new deep-water blocks on offer, or the plans to launch the on-land bid round, and the success of Touchstone inspiring interest in more on-land exploration....The Opposition never raises the issue of the rate of investment in this economy which, as a component of aggregate demand, investment is important, because of its ability to influence the productive capacity of the economy and thereby boost economic growth. '
Yup that was painfull to watch. I understand why he threads careful and that he do not want to insut the "trinnies".
But I wonder what he thought investors might think after that interview, and not jiust what the trinnies would think.
Even the guy giving the interview went slow, what’s wrong with these people?
Paul was swimming in BS by the end, politically correct BS. What he should have said is it’s extremely painful and slow to work with you people in Trinidad, and you should all be embarrassed of yourselves. All the talent in Trinidad ……. What a joke.
Starting to wonder if they need a proven development manager with a track record of driving hard and getting things done.
The longest timeline to avoid disappoint is a good idea in many circumstances. But less helpful if you have already missed a pretty conservative estimate five times and just keep advancing it. Now we are mid-June. I just don’t want to hear “end of June” or “early July”.
Tractors to fish and chips, no pressures on this stock.
CW Mine is June 8th -will be in St Ives tucking in to a very expensive candle lit fish and chips !
GLA
My birthday 16th June so no pressure. Will it be a candle lit dinner or fish and chips supper?
Excellent exactly, i always go with longest timeline as to try to limit any disappointment
Directors talk interview (May 13th):
Q2: Now Coho pipeline is almost ready to go, is this still on track to come online by the end of the month?
A2: Yes, the Coho pipeline, it’s been a long time, I think you and I have talked about this for a long time, but it is finally weeks away. Likely the way we have it set up right now, right around the end of the month or the first couple of weeks in June. We just don’t know what we’ll encounter when we get to those final stages and putting it in production but literally, we’re weeks away now from first gas at Coho.
Always been middle of june since start of may, not new information
Coho online now 'middle of June'.
Cascadura now slipped to 'October'.