The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I think CS is a white elephant & we paid far too much for our &age anyway.
Without WN this company is finished.
So our only hope is CS, that one is at the end of the rainbow!
Odins, that's right, i remember DB saying as much in a podcast some time ago. The current political climate won't help either.
It will be American money that unlocks this stalemate not Canadian.
Now UJO have got a new director on board perhaps they can't afford it.
Morning Uggy,
I hold both RBD and UJO. UJO have stated that they are comfortable with their 16.6% of WN and have no desire to acquire a larger percentage.
I think they have although I don't think UJO would be interested.
Our hopes are WN & CS, the odds are against us!
How come RBD & UJO don't have enough between them to buy Rathlin out?
There may have been persimmon but any suitor would want a huge slice of the pie & we'd get diluted to oblivion. The 2 filthbags have known this for over a year.
Uggy, I think RBD were hoping that a 'white knight' would come along before this time and give them a helping hand to bail Rathlin out. Now it would appear no one is there and they (RBD) will have to carry the financial burden themselves. Within the next few weeks we will know, one way or another.
Most of us have thought for a long time that RBD would have to bail Rathlin out. In fact that deal should have been done some time ago. Yes it's looking like 2025 for WN which is an outrage.
What happened to the early production permit we were told would be given by end of 2023 ???
Just more lies, we should be used to that by now. They're just a pair of crooks.
I would not be surprised given the apparent lack of external funds to proceed with West Newton and the fact that Reabold Resources are already the majority shareholders of Rathlin, that a full takeover of Rathlin will be initiated before the end of June. That would obviously take time to ratify and push any already projected drilling timetable of W.N into 2025.
Delay, delay delay.
OMO and G.L to all us investors.
Uggy100 -bite the bullet like I did years ago. Lost some thousands and kept under 100000 shares written in my mind down to zero 'just for interest'! Much healthier.
Well I think we all realise by now that our 2 cretins have lost the plot.
Overdue at Companies House.
GP if I had a chance to be in profit I'd be out in a flash, run away, & never look back.
Hi Uggy. I certainly hope they get round to drilling at WN this year. For a day or two I've been sitting on a VERY small profit here. But not any longer!
If the 2 goons are to be believed funding for Rathlin is expected to be concluded by the end of q2. That's looking more & more unlikely imo to the extent that a WN drill in 2024 also becomes unlikely.
The 2 pigs have made a total balls up of everything they touch, complete arrogance & incompetence.
That WN drilling rumour started in sime Wine Bar soon fizzled out by the look of things?
Back to where it was exactly 1 year ago.
I suppose we can expect them to pay themselves a bonus over the sale of Victory whilst screwing the shareholders.
‘ I wouldn't trust them to manage my chocolate bar draw...’
I’m sure they will be slipping their sticky fingers in and out of it!
Some chunky buys and sells going through today...this is all on the throw of a dice now that the two 🤡 🤡 have screwed almost everything up here. I wouldn't trust them to manage my chocolate bar draw...
not a bad idea p1d, the 2 crooks have been shoveling **** on us for ages !
I’ll turn up with my shovel, anything to get WN started!