The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Love life: the trades shown here seems to include errors in terms of whether the trades are buy or sell - and the unknown ones are a mystery to me.
I bought 2 lots of close to 450k shares yesterday at about 8:15am and they both show as sells.
Anyone know why this basic data is wrong and misleading?
Good posts but there’s not much point in keeping quiet.
I know I can take a look elsewhere but are there any actual results, what did they pay for Antler and who are Antler?? Where is that licence?
It looks to me as if the BOD are out of control and running this as a lifestyle organisation for their own amusement.
As I’ve said previously this company would be better managed by a well management organisation with some entrepreneurial spirit. Shame none of them have bought 10 to 20% of the shares if that was possible. I don’t know what the share split is and who the ‘big’ boys (a joke) are.
I’ll do some research as this company is all wrong too to bottom.
Deft: There’s no smoke without fire.
This upsurge in SP has to be due to imminent finalisation of the PSC. I’m no expert in stock but fascinates me that people are selling. I suppose they’re taking the cream off the top but there’s so much more to come.
My personal exit is probably 35p. Let’s see what happens.
Bel: Your valuation is based on what exactly? We have no idea of the actual plans or any farm-out or extent of hydrocarbons in place or even how many wells they’ll drill initially. Personally I think planning for one exploration well is a waste. Should be two or more as they won’t be that dear.
Signing is imminent. Then we’ll see what happens. It’s all good as far as I’m aware.
If it is worth 1 billion (currency ???) then what’s the SP going to be? I guarantee you that you’ll be diluted to a great extent and it may be worth buying a million or more now.
Down to 3p on investor.com.
Taking too long and the smell is getting worse. No comms and no news. I think they are in trouble and PETROS not playing ball. This was supposed to be all sorted before Christmas 2023.
Seen this a hundred times - LOGP / Barryroe / Europa / IOG / etc.
Stockcheque. At last a decent post ref how this works as it’s PETROS (the govt basically) who will make the decision ref licence award via the PSC.
I know Upland has certain rights but have to prove their competence in all areas before anything will be awarded.
It’s a risk which will probably work out OK but not guaranteed. No one knows if there’s another entity out there working away at the govt / PETROS to ruin Uplands day.
Personally all these say nothing basically statements and SP ups and downs don’t give me great confidence.
I know I’ll get the usual abuse for this but don’t care really even though I have many mill shares all at peanuts.
I don’t get how EOG Board would expect to take the company forward if it sold its Wressle stake. Any idea what it’s worth?
As I’ve said before I think there’s no chance in converting the Irish Inishkea licence into a well unless Ryan and co are booted out. That’s not until mid ‘25 I believe. If it is ever granted Lansdowne will have a field day in terms of their court case.
All in all a basket case as far as I’m concerned.
The whole thing makes no sense to me.
Just over £2.5m MC for 13 billion shares or thereabouts. In early ‘23 when the deal was truck there were 3.7 billion.
Can someone explain how the regular punter can ever make any cash out of this please.
Well! It was going up. Just dropped and will be interesting to follow.
Granting the extension is an easy one for the Irish govt as it means nothing in terms of what will happen when they want to drill. See Barryroe for a parallel situation. Licence stolen from under them for no real reason apart from totally insane govt energy policy.
I believe the only way EOG will get to drill is after the next election when the present incumbents get the boot - hopefully.
Lansdowne apparently still thinking of litigation against Ireland so Ryan etc must be thinking of that as well. Giving consent would open a few monetary flood gates although it would never get paid in our lifetimes.
Wraith and all.
No chance of EOG getting an extension or anything to do with drilling in Ireland IMO.
If it happened this would be an open door for Lansdowne’s case against Irish govt and very recent interview with Ryan indicates that LOGP stands no chance of success.
Also I think Larry Goodman would pounce now he owns Barryroe and would be looking for licence to be reinstated.
Mr FF. That’s a crazy reply. You don’t care what the SP is post PSC! And then you state 25 to 45% as an expectation. Nuts !
Don’t worry I expect to be shot down on any post I submit but here goes ref predictions.
UPL will do all they can to get PSC signed by end of next week, pre-Xmas. SP +50%.
As part of this PETROS won’t take more than 30% of licenced area - that’s the area agreed within the overall acreage.
This allows reasonable farm-out terms post first drilling campaign.
Drill asap. Maybe Q3 ‘24.
SP doubles.
Someone tries to take them out.
SP doubles again.
This is not ramping or any of the other stupid expressions used by people who have no idea ref O&G development. As I’ve said before read about global O&G licence rules / legislation and examples before criticising everyone.
😀😀
Must admit I’m dumbfounded by all this tripe going on in EOG. What was a great little company years ago under PaulB (who I knew back then) has turned into a nightmare plc which appears to be on course for destruction. Too many highly paid political animals hiding behind BS.
As I’ve said before on this forum this company would be better off being owned by a couple of entrepreneurial types plus a skilled commercial animal.
I also don't think it stands any chance in Ireland of ever progressing the drilling campaign. Mr Ryan will see to that and waiting until he and the other useless lot are voted out is too late.
I was a shareholder a while back and managed to sell at a tiny gain - but never again.
Such a travesty and loss of opportunity.
Sham - please give up this boring dialogue.
Go and learn a bit about O&G.
The ‘asset’ is what’s in the ground at present in terms of volumes of oil and or gas.
The ‘asset’ is owned by the state just as it is here in the UK, onshore and offshore. The state via its agent - PETROS in Sarawak and North Sea Transition Authority here - leases acreage to the O&G companies for exploration etc etc through to production and on to abandonment. They never own the acreage or asset.
UPL say they’re fully funded - probably for the planning (what’s happening now) and the initial drilling campaign. If not for the future development stage, like many others, they’ll raise cash through placements or whatever.
I’ve had a fair amount of stick for being negative here but I’m not. All my previous posts were related to risk - a standard element of anything O&G. I have a large holding (below the threshold) and want this to work. It will.
At 2p or so this is a giveaway so put your hands in your pockets 😀
All shareholders except the remaining one, Larry Goodman’s company, which has taken it over as sole shareholder , will lose everything. However should be able to claw some back via CGT losses etc.
A disgrace and orchestrated by that total fool Eamon Ryan and his pathetic cohorts.