The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
W/O 2 resumption
Before Xmas is my guess.
Sounds like you need another SIPP provider.A few of us here have USOP in our SIPP arrangements.Mine are on the Transact investment platform and I can buy and sell this share without problems.Talk to your financial adviser
Good Afternoon All. Some news would be good, eh? If paint dried this slowly Van Gogh's first masterpiece would still be wet!! But hopefully it will be worth the wait when it arrives. Was wondering if one or two of you could fill in some of the (many) gaps in my knowledge & understanding relating to the updated CPR which has been commissioned. The company informed us about the first CPR being commissioned in early December 2011 and it was finalised in late Feb this year. So, say, two & a half months or so. Any ideas on time frame with this one? Then I was wondering why the updated CPR has been commissioned now ie. before the testing of EB1 is finalised. Wouldn't it be a more complete & acuurate report if it was done after what further data the company collects during the forthcoming second phase of testing was also available. From my understanding, the main headline of the CPR will be OOIP and recoverable oil in the first tranche of acerage we originally acquired as no meaningful survey/testing has yet been completed on the second tranche acquired. I assume the new CPR will not include anything on flow rates and on that basis maybe sufficient data has been collected at this stage for the report. But then I'm thinking, they didnt test the shallower intervals so presumably they have little or no additional data on this section. Wouldnt you want that info for the purpose of this CPR? Finally, the covering letter to the original CPR stated net recoverable oil of 67mmbo with a ten year discounted NPV of USD514m. That's c$7.67/bl which is some very considerable way short of the $25 - $40/bl which was quoted very often on III board in the past regarding take over valuations. How does that work then and did BM actually say he would expect $25 - $40 on take over? Any help from any of you with the above would be most gratefully received by me..and possibly by others who are here either now or in the future. I would say that the very fact an updated CPR has been commissioned now can only represent very good news imo because why on earth would they do that now if it wasnt going to be a significant uprating. The company know what they have and how much, the CPR is merely the "auditors" agreement to the company's own calculations, which adds great credibility to the numbers and is also a requirement of the US Exchanges in terms of "booking" the reserves to the Balance Sheet. Anyway, very many thanks for any help with the above queries. Best of luck to all.
Thank you....yes, it is a fair distance, particularly at this time of the year and in this weather!!! Further for you near Norwich than for me closer to Kings Lynn. Smarts: Awww thanks. I hope you're feeling a little less raw than you were last week. I have been thinking about you.
Hi glad your ok!
Sorry to hear that ... that a far old travel down from this place as well. Pleased we know your alright ... Smarts has been asking after you as well.
Yes thank you. I've just had lots to do and my brother's in hospital again (Addenbrookes) so a bit of extra curricular to get through. I didn't think we would have anything to jump around for yet....but hopefully it won't be too long now.
Pleased to hear from you .... I hope you are alright.
Not been around for a few days because of other pressures but how we doing? Any news yet? One week into December so Bryan must be feeling a little pressured himself right now if he is sensitive to the feelings of the shareholders. He did say that the ADR's would be a priority during this pause in operations and that they would seek to resume the workover earlier rather than later (late November/early December). If Bryan wants to keep us happy and on-board (which I know most of us are intent on doing) he needs to keep us updated on the state of play. I think this stock even more than most, because of its chequered history, needs to do that...otherwise the derampers will seize on the negatives and have a party. Regrettably, Bryan became a little de-railed from the course he had plotted because of the need to quash the libellous allegations certain persons had made against him and the company. This must have taken up a chunk of his time that he would otherwise have been able to put to better use ....but I'm very pleased that he did slap a court order on them.. However, he now needs to concentrate on delivering what he promised....and in the time-frame that he promised. So Bryan, the ADR's please and at least something about the resumption of operations. Even the name of the operating partner would be enough to keep us happy. We're not kids...we understand that Christmas gets in the way of business...but YOU mentioned the time frame and if we hear nothing in the next week or so, you will risk losing a little more credibility. And that would be a pity. C'mon Bwyaaaaaaaaaaaaaan!
Who? hehehe
Your right there,I came on and saw him then logged in and he disappeared. Great stuff.
I agree anybody selling at this sort of price are giving them away. Just wish I could get some through H/L .... stuffed me rotten with there arrogance to use the GXG market. I have £90k sitting in my sipp .... doing bloody nothing.
Only 30m in free float the rest held by BOD and workers.Of the 30m most of us are not selling so very few are swopping hands.
No sellers! If US order placed today watch the sp rocket this afternoon. Anyone else thinking shares are tightly held? Mine are!
That's better!
ADRs coming online soon.........
Our next drill EB2 nearly upon us. Its fully funded. COS high..........tgt very big.
Workover to resume shortly......imo. Bod confident it will flow
New CPR on the way
We have lots of oil
Earlier post sums it up. Bargain and to me this is a life changer. MTFBW us all.
What ??????????????????????????????????
?????????????????????????????????????????????????????
IMO don't fret too much that no news yet. Never yet seen a share where the excercise of patience to a greater or lesser degree was not neccesary. Remember Mahatma!