The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bronx, words of wisdom indeed.
It's like the prisoners dilemma.
Bronx I totally agree. But as the song goes.. should I stay or should I go?
Bronx, you have a point.
Shen, talk the share up or down, but there's no need to be an ass
RL, If I was to be a pessimist I would say that the reason that the major shareholders haven't bailed is because they can't. At significant attempt at selling will drive this share to the floor. Equally if the 'deal' works out there is significant upside. Its all or nothing at this stage.
There's no doubt that the clock is ticking. So it's nerves of steel or bail out quick. My opinion based on past performance is the latter, but as the phrase goes in for a penny in for a pound.
That's pretty profound Shen. You surprise me.
Shen, I'm a total advocate for free speech. As a person who has studied psychology I'm at a loss as to what motivates you to be so negative. Did you lose your shirt with PVR? Life is short dude.
Jack, have you ever considered that you might be one of those loonies. 'Research' from Davys has proved to be nonsense in the past
But will it be done by PVR /Spoton??
PS I get your point. But PVR and Exola are nearly one in the same thing, with Licences being relinquished etc. If PVR cedes more than 50% of Exola to a third party, does it cede all built up credit from their exploration loses?
PS I normally don't disagree with you, but in this case I do. Technically all the parties are providing loans. So are they prepared to stump up 20% more that is the question. PVR losing control of 50% of stock is a takeover. Different deal entirely.
Except Raven, the article is not significant (sorry Battle). The only significant issue right now is Spoton coming up with $166m, otherwise they're as good as the previous suitors. It should be said however that they would have a better chance of success given the current oil price. However on the basis of the recent RNS, that is by no means a certainty, and the question remains if they cannot get a chunk of export credit from Norway, what separates them from the other crowd.
The price of oil when it's in the ground is nothing. Less than four weeks before we either see Spoton as serious players or APEC style losers.
Longwait, why are you allowing another posters opinion to cause you grief? He has an opinion regardless of the reason why he has that
Shen, I totally agree. Oil in the ground is worth F all.
Rocklawn, I'll take €1 any day or better still 1GPB
If I'm not mistaken, Phoenix valuation as follows. 350m barrels x $35 profit (60-25) therefore $12.25 bn x 40% = $4.9bn. Current market cap €55m. Potential multiple of 95 ish allowing for extra oil being found, current Warrants etc.
Normally in the shops on Trursday every 2nd week. So tomorrow it is. Only rehashing what's already known with a couple of zeros added in for grabbing a headline.