The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hamm - I don't think you have a right to complain now, having spouted nonsense such as this for the past however many months:
"Amazing opportunity which should not be missed guys.
Nayers claim MATD fails but still here!
Massive rerate not far away."
Aeschylus MB only ramp it when he want to raise. I know that. I worked him out..
He is keeping SP low because I think he and others want to get in at very low price. Why dilute when you can pick it up cheaper and then pump.
That's his game. Some huge sells I have noticed before the sp dived . 70 k plus and recently £84k.
MB is sly
I would doubt we get any where while MB is the CEO!
5 years and still waiting!
Doc my guess on timing;
Nobody going to AGM anyway as it is in Mongolia
Let anger out before AGM
He will get all standard questions and hé will give his standard answer
Info needs to be out before you can do a raise.
Master I don't agree. I think if anything MB has tried to TALK UP the share e.g. last year nearly there (followed by a raise). I think he was hoping for a rinse and repeat.
Master, I agree.
As I said $5000 for each herder is very mean. He probably get himself £100.000 a year salary for doing nothing but too mean to help the locals and the governor. Surely as you said money will buy everything in any poor country not that bribing them but just helping them generously. We have no say, however I wish he would go. I can't believe he lives in Singapore.
Hamm something tells me MB doesn’t want to see SP too high before the LP.
Why would a CEO produce such useless RNS time after time to inform the market we are still working on it.
We have to find information on social media. Price sensitive information was kept from shareholders . He only released the RNS when I posted the local approval on here. He has a hidden agenda from what I can see.
Why not just offer the locals what they demand.
Is he making wages from the company for doing absolutely nothing. Is he dragging this out by not meeting locals with their demands. Why has he not made it clear what the governor is expecting and why he would not sign.
Money will buy out countries never mind a governor. Not saying bribe him but meet his demands to help the local community. Not by giving small amounts or clearing their rubbish.
I must admit, I'm surprised MB released the ops update today. You'd have thought as it's bad news he'd wait until the AGM to a) not allow people enough time to think up and bombard him with questions pre AGM and b) attempt to smooth things over and calm investor nerves verbally.
Or else?
Just sent my questions. Today might be the last day to send your questions. I would like everyone to bombard them with questions. Time to be firm and not be soft.
Let them know how the Shareholders feel
There is sth wrong here. How come MATD has been waiting for 5 years to get EL permit!?
MATD still bidding to get other land exploration license! Or renewable rubbish!
They should stop all the activities and focus on one thing and that is H1.
Thanks Aeschylus.
So basically plan B (tripartite agreement) blocked by governor
Plan A (local soum land access) voted in favour but the formalities not finalised (hence the words "if we can get it")
Well, not good news but anything can happen in the coming weeks. Lets hope we get some good news. I bought more today....even if i have to wait for Heron to eventually come on line - it will happen.
"If we can get it! Does that mean we might not get the last signature?"
Hamm this comment refers to the local access agreement (plan A ehich was in the bag ir so we thought) and not the tripartite agreement.
What it means is, we might not even get agreement to work Heron, even though the soum voted in favour. In summary it appears the process of finalising the land access agreement has stalled.
The real question is why is PM being passed around . There must be a real reason.
Another year wasted by the sounds of things.
MB needs to put to the market how a company in the same situation is allowed to operate but not PM. Is MB not doing something right.
Is it time to stop wasting money and start legal action against MRPAM who are the ones who signed the PSC. If they have no legal say over block 20 then they should not be signing PSC.
"Nothing is connected to the elections"
MATD are clearly concerned it might, hence them explicitly mentioning it.
Re a raise, it is feasible they'll arrange something exclusively with the likes of a Petrovis, completely excluding the ordinary PI. Remember, out of $6m previously raised, PI's only got $0.5m, IIRC.
See you still have your rose tinted on cyber, if this was nothing to do with elections why was it mentioned in today's update?? However, with 2024 parliamentary elections looming and central government moving slowly, we are pursuing the local solution as a priority. We are also pushing the central government hard to resolve its internal issues which have created the frustrating obstruction of the state special purpose certification process for Block XX. GLA
" We will buy ourselves a long-delayed operating window " with the local approval for 2024 "if we can get it" , but we do not want to go through such a process every year.
If we can get it! Does that mean we might not get the last signature?
Yes agreed .Cyber take some time out
Payments of c.$5,000 per family were due to the 10 families affected.
Total compensation payments is $50000!
Why MATD is too mean.
A raise will happen in June or money lent by petrovis, can't see petrovis would want dilution right now when it's near to production but we will find out in June for sure,
Hopefully land use lands way before and share piece is at descent height
Cybertron. No need to jump on!
I think I'll need several pairs of pants before this is sorted.
Lets add some balance.
"Prioritising local support when this has always been the problem in the first place...even worse"
Remember, they DID vote in favour of granting land access. I presume that is a binding vote?
"Funds until July..oops MB shouldn't have said that."
Buck couldn't not mention it. It was in the "going concern" paragraph in the annual accounts, so a legal requirement.