The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Except I am holding onto my shares not selling them so wrong again DH
Got attacked on this board 2 weeks ago for saying more or less the same thing... the sp should be holding at least... but aim is not doing so well as in the past maybe because of higher savings rates... just have to hope we get some news through soon as least it seems SAV is making some progress.
Just looked up the definition of 'trader' in the dictionary
trader
noun
a person who buys and sells goods, currency, or shares.
So most people here are vermin including yourself
The traders are really at this today
Sometimes think this share is missing a W, or maybe I’m the clown 🤡 thinking it’ll rocket north, I’m still hoping but it’s disappointing watching it drift daily
Bolivia having the biggest mines of Lithium now waiting of news of Extraction this Quarter lab work being carried out in Austin...Clon working with the Government takes us ahead in its demand for Lithium..topping up to my Isa..patience required with demand high in USA with battery powered cars ...Clon valued so low against demand looking for multiples by Xmas..imo
RNS - Update as follows:
The first phase of this process includes exhaustive laboratory test-work, testing several processing sequencing combinations, which is expected to be completed during the Q3 2023.
Based on the volumes delivered, we then expect to conduct preliminary pilot-plant testing at the joint venture's facility, which is now being assembled in Austin, Texas.
There we are, Q3, which as I say has and always will be the end of September, so 2 months to go for updates. Could be earlier, however.
Mr T
Testing data due in q3....it said in either an rns,or interview
so one month left.
Q3 has always been September in a 12 month period, where did it mention these quarters are based on the tax system in the UK???
Mr T
No big deal share slippage while there is no news. You only nee to worry if share falls upon news being released.
Fiscal calendar Q3 is end December. So no doubt the outcome will continue moving to the right! They should be able to provide some indication of how the testing is going. What phase, progress etc.
Is needed here to stop this continual drop in the SP. I know that the testing results are probably a month or more away but surely they could give us a progress report of some sort.
Discussions / Ghanaian / officials.
Development/ update/ progress.
Aimtrader - Where did he confirm development in that RNS? All that was said was 'ongoing discussions with Ghanaian and other officials.'. It read, the exploration and development proposals were in relation to Iraq authorities.
Another call for cash coming at Petrel then?
Finally he has confirmeded in the PET rns of development on Ghana! He's also discussed it in the agm like he did for us the other day. Fantastic news!
At the Petrel Resources plc Annual General Meeting, held on 27th July 2023 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin 1, D01 C3W7 at 12.00 pm, all the resolutions which were put to the meeting were duly passed.
Executive Chairman, David Horgan briefed shareholders on the Company's projects, including our exploration and development proposals to the Iraqi authorities, and ongoing discussions with Ghanaian and other officials.
As per AGM report on 13th July, "The first phase of this process includes exhaustive laboratory test-work, testing several processing sequencing combinations, which is expected to be completed during the Q3 2023.". So update could be anytime thru to 30th September...
No need to send an email as an ETC on testing and associated results have already been RNS'd so as we're still within that window there is no point bugging them for updates on something they can't divulge without it being construed as insider information. Should that window close without an update then maybe a nudge won't be out of order.
Happy to re-visit, iparsnip. What do you think is going to happen next month?
Great post, but can we revisit it on August 31st? Why? Because I want to congratulate you for being spot on, or have a moan that we still haven't heard any news and the SP still hasn't moved. If it has multibagged like many has suggested it will then I might be somewhere else just counting my money.
Best volume yesterday for almost 3 weeks and we're moving into a big month for the JV. We're expecting official news at some stage in August and folks are starting to take their positions. News could drop anytime now but CLON can be leaky so I'd expect the sp to move ahead of any concrete news.
Couple that with the potential news on the ratification of Tano gaining momentum and this could be a once in a lifetime opportunity (I happen to think that some folk are already being given the nod that there's good news coming along).
AIMHO but this will get very exciting, very soon!
Troajan, it looks like we closed yesterday on 9.8p and are now 9.7p. That doesn't feel to me like a good start to the day.
Good start....hopefully,it holds
FYI: Argentinian lithium...
https://www.lse.co.uk/news/eramet-says-it-secured-400-mln-lithium-deal-with-glencore-hl0y4txlzbkx45k.html
...interesting and positive news for the South American golden 'triangle' ...
GLA