The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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15% per annum, plenty Warrants 20p long term if project comes good, difficult times raise,
Totally and absolutely delivered. RW always maintained they have a fantastic relationship with RF.
3 years unsecured $10m loan.
Looks like Riverfort are super confident in the Bonds being issued 😉, drawdowns also linked to bond issue 🤑,.
""We now look forward to closing our corporate copper bond issue as soon as possible.""
Sit back, relax, and enjoy the rerate.
Great news - good alliance
d=(^o^)=b
Can put all this to bed, we will have an 18 month runway. Conversation can move on...
Hope this loan, purchase of equipment, PFS is the green light for the Bonds, as they still say imminent.
Exciting times for sure, with a huge backlog of news pending. IMO Something bigger at play here, once all revealed, we will all be in that moment 'oh now it all makes sense'
RF extending, and purchasing 2 gigantic ball mills speaks volumes.
Communications and deadlines need improving though.
DYOR
I feel like you have to be on something if you have good expectations about this company after what they've said historically vs what's been delivered. I actually laughed out loud when I saw the recent listing of new shares. No dilution, no dilution, no dilution, actuallllllllllllllly dilution xD
10 days since they said they were finalizing the legal documentation, hopefully, the rns is imminent.
If we don't get the extension rns tomorrow we will have to assume it's failed and Riverfort then have the right to convert.
Because not everybody in life is selfish.
It’s not always about “what’s in it for me”. Some people truly want to help others. Want us all to win. Want to share gathered information in the hope that it’s not only me that benefits from this, and there’s a chance we can all improve our lives by sharing.
I hope I’m not alone in this thinking.
But if you take satisfaction from profiting yourself from info, go ahead. Good luck.
Personally, I think we’ll get news on the refinancing in the next 48 hours, and the bond completion won’t be far behind.
Personally, I hope we all do well from this investment. It’s been a long, hard slog, but I genuinely think the rainbow isn’t far away.
IF so, then why shout about it? I would be buying up as many as I could and keep it quiet as possible as more buying pressure means paying more for your 'friends' advice. Bet he will love you for forcing up any new purchases, if he is right or does actually exist.
30 plus trades today, shows the level of those jumping in for the 'kill' and eight bagger then.
So then, a fellow investor and friend has just recieved an update from one of the BOD:
1. Bonds are still IMMINENT!!! Announcement will come when it's done.
2. Loan will be extended as per last RNS, announcement anytime
3. PFS by Q1/early Q2
4. Purchase of 2 ball mills will materially improve PFS economics, saving millions.
IMO If all this is delivered, we are probably talking 80-100p?
Plenty of other things going on, which we are not privy to. Once all communications reopen I'm guessing it will all make sense.
DYOR
Yesterday.
Follow the money.
Hi Plutus,
Not that it matters but it’s 1x465k buy. The negative means one was cancelled before the other went through.
Usual caveats
Trek
£100k buy earlier, and another 2 x £60k trades gone through after hours 🤔, some are landing up big time.
I reckon breaks applied today to fill these big orders.
With only 149m shares and tightly held, this could run up fast.
Mm's must be on fumes, as seen so many times before, will go NT...
Let's wait for the RNS's
Yes i've got this on my watchlist.
Could move quickly given the amount of shares in issue.
Some big buy prints in FLO also today, usually moves up hard when these arrive, worth monitoring imo
If the bonds were not on the cards, then the CEO would have finally admitted defeat and gone with the traditional route and raised a lot more, towards billions of shares, as is the norm and self funded this. But then he and people he has brought inside have large share positions, so what does that tell you?
Doubling up - Just done a placing a few weeks ago at 11.5p for £2.7m. Don't expect it to go up much more while placing shares being sold, but if debt financing finally happens (Maybe a big IF) these prices will look very cheap. ATB
Not many spend £100k without deep research and nuanced understanding of the market, they may be inside line but likely just understand that this copper play is gold ( and silver)
Worth a punt...the upside looks good
Well at least they have completed the fundraise recently so no risk of placing am I right ?
Seems to be moving.
Huge buy, someone knows something, as they say follow the money....
Expect an RNS here pretty soon and rerate straight back up. Last RNS outlined what we can expect.
Hopefully something on the bonds!
Why has someone 100k ? News waiting ?
What's the latest here? Never followed these people before
Movement alert upwards from someone on PREM.
Massive volume for PXC. Could we be in line for some good news at last?