The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wow this could bag this week on this news. Gla
What’s to deramp? It’s there in black and white on the rns. If you’d been smart you would have known the drop on this news would be massive and sold out whilst you could saving yourself 20-30p on a buy back. The company still has the same fundamentals. Just a more deeply discounted price.
“Bitcoin is 100% faith. Come the next market phase where faith is at a minimum, what do we think will happen to a stock whose entire reason for existence is faith and nothing but faith”
Jeremy Grantham
GMO Co-founder
https://youtu.be/RYfmRTyl56w
The herd is leaving Argo and will continue to do so. Big profits made by many, but many will get very badly burnt too.
I'm going for certainty, solidity and super profits - Greatland Gold offers this in abundance. Current price is like 2p a year ago. All upside. Just check the latest RNS for news on the second JV with Newcrest
No regrets BD. The herd is leaving Argo and will continue to do so. Big profits made by many, but many will get badly burnt too.
I'm going for certainty, solidity and super profits - which GGP offers in abundance. Current price is like 2p a year ago. All upside.
- With 50 new staff hired, their costs of running the business have now increased exponentially
- They have ÂŁ2.7m in the bank, most of which comes from a one off "substantial non-trading cash payment"
- Board believes the pandemic will result in a further lengthening of sales cycles = expected delayed future revenues, so the ÂŁ2.7m is going to be swallowed up very quickly - revenues won't cover costs
- 13% increase in t/o. 35% increase in losses.
- ÂŁ30m Market cap at current pricing = 17.6 x revenues - which are are not growing any time soon
- share placing and dilution definitely required - what will this do to the current sp when it happens?
Not attractive at the moment.
Very disappointed with this update. They hardly have enough cash to keep going for 3 months!
Chester, I think the double your money timing will be 6 months, by when we will have had 4 further drill result up-dates, pretty much fully derisking this and by when we should have a proper idea of the true scale of this monster. 50% takes us back to where we have been already. Broker note should be out quite soon, which may help with some short term gain on the sp.
Hi can someone please advise, is OMI well funded going forwards with its drilling campaign? I read through the RNS list back to 2016 and didn’t see any reference to a fund raise.
Looks like exciting times for this company, though the assay results being delayed may cause some impatience or pricing stagnation at some point?