The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Highlights
· Grow cashflow
· Drill 3-4 new wells - to be funded from existing cash resources, facilities and cashflow
o 1 new development well in Pine Mills
o 2-3 new wells in the Permian Basin
· Further progress opportunity in Tunisia
Don't stop all the way to 3p!!!!!!!..................................always remember to tell posters we sell oil at 10% discount of WTI or there abouts as well.
WTI at prices not seen since 2014. Company generating cash. New well being drilled any day now and 2-3 more to come this year.
Undervalued.
Knocking at 0.40 again,if open next stop will be 0.60.
Sudden buying pressure says that something afoot!!
GLA.
Lol if it walks like a duck
Smells like helpful
Busy/takes time? Quite the opposite, again ,I'm afraid you simply have no idea of how the permitting process works.
Never got the answer.
Why would you spend money 1st before permit. Spare us the bs about its busy/ takes time rubbish.
Hows your £3mil doing?
ahh, a wind up merchant. Glad we cleared that one up. Maybe your mate steeltightone can explain it to you, I know he has his life savings in here at circa £500. Maybe that sell today of £300 was tightone finally selling out.
You keep posting I made you think
I'm afraid your knowledge of the area we're in is lacking. If you do some research into the permitting process, and then look at the current and past drill pads in the area you will see that permitting isn't a problem, neither are the timescales to obtain such license. I don't know if you were trying to be a fool, or if you genuinely didn't know. If you genuinely didn't know then go check it out online, very easy to find the information you need.
If you're just trying to be a wind up merchant, then try harder.
Good got your attention.
Why would you spend all that money on doing the Pad / getting rig before permit. Unless events are not as they have been declared.
Not stupid at all as I'm the one asking the question.
billy, do you know the timescale on getting a permit in that location? why don't you go and do some real research on the permitting process and come back to me when you realise how stupid you look with that last comment....
I wonder if the other cheek can answer this for me?
From last RNS
“Simultaneously, the operator is permitting the well”
Very surprised you would walk and run at the same time.
5 trades and "momentum is building"
Tw*t
"Cash flow positive" is kinda a joke on here. You would know if you had been here longer than 5 minutes.
Call it what you like its still a loss making operation.
Conman94
So give us yr opinion as you are the sage in such matters.
Has the wider sell off, especially in Tech, Crypto etc hit the bottom?
Is this is a buy the dip opportunity?
Or is there more pain to follow?
Silly!
To me it sounds like the other cheek on the same backside!
buying is back today after yesterday's mass market sell off. Of course most of you didn't realise that there was a market wide selloff as you're all broke as hell and only watch NTOG. Should be hearing news any day now regarding the drill at Pine Mills. Following this more drilling to be completed at the Permian although this will be focused later in the year.
Company cashflow positive. WTI in a nice space.
Momentum is building.
Looks like hes disappeared off this board.
Mustve multi bagged himself £20-£30 so thats him sorted then.
GLA all holders!
Strange when the oracle maqsoup said multibagger and people taking positions. Oh yeah and the 4 new wells this year (yeah right)
its true....... exit positions.
"People are taking positions" again today.
Lol.
Lol, he pays a fiver a mth for the rosette however gets 5p per ramp post that hides any negative posts so he breaks even each month.