The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Not sure it’s an over reaction, have you seen the share price. We didn’t need todays Rns! Completely pointless.
The FS timing could change again, especially as a new owner takes control.
The detail about the decline is management talk, that largely goes over most heads and could be simply communicated in one of SD’s interviews. All this update does is create more uncertainty and possible delays, even though it quite reasonable to expect there may be no delays at all.
Like it or not todays news has been used to give us a kicking.
Aqua, I’m the same, but you could be right that some might be offended by that admission, everyone seems to have the hump about something these days. 😂
I can remember my first day on a building site, brutal to say the least, fresh meat to the old boys. They would rip you on anything and everything. All part of stepping out into the real world and an early lesson learnt. Never did me any harm and looking back it was funny, although slightly uncomfortable.
The timing of this stinks. Why would they release this when share price shooting up. Absolutely no need!
Unless to stop the rise. Just like that last response to the so called news release.
Also the expected delay in the FS will mean it’ will have been delayed nearly nearly two years from the original expiration.
Reading the first few lines of the RNS indicates it’s done, with the absence of “we are pleased to……..”
Added with the decline delay, it’s another stick to beat us with, Shorters must be laughing their heads of right now.
totally agree spades, although the best intentions were meant, it was slightly awkward.
personally, i was surprised don hadn’t done his homework on ggp.
interesting to see star****e turn up to discredit him by posting his tweet, rather than pick away at what he said in the interview like he does with everyone else.
Thanks for the reply Dip, I agree and perhaps my post was a little simplistic. SD will no doubt be conservative with any update to avoid the chance of any embarrassment. I’m still of a mind that a relationship reset may come about, fingers crossed. Would be great if both parties came together on such matters, we are very much the junior partner but should be shown some respect non the less.
Dip, why would it take time to complete a revised resource update. I would think it would be relatively quick process of entering new drilling intercepts into the existing modelling software. My guess is that it would have been available not long after SD decided to go rogue. The delay is probably waiting for the outcome of the vote so as to contact the relevant company for the peer review. GGP has proved its capabilities, so it’s only down to being courteous more than anything else. Especially if as some say we shouldn’t expect much of an increase.
The real work is the FS, which can only be done by whoever ends up as manager.
Agreed Barna. The whole issue around an updated resource is that we were promised one that didn’t materialise and now GGP have stepped up to the plate to clear up a mess of NCM’s creation. Furthermore, I question the motives of all those saying it’s not needed, or the timing is not right. Whether the share price moves or not is irrelevant as surely it’s a sign of progression of the company that we get timely updates that shows growth in the resource.
Our partners will be fully aware of what’s been drilled, so why the need for it to be kept secret. As investors we are supposed to deal with the facts, rather than wishful thinking and platitudes.
Jersey, don’t think SD wants to sell, but if someone came in with a serious offer then he would have to put it to shareholders, although I suppose it depends on whether it’s for GGP or HAV. It could explain why he takes the time to connect with us. He has a vision of the future company and needs to keep everyone on side to make it happen.
Starbright, did I quote SD word for word or did I say words to that effect. He was asked for his take on the fall in share price and what could be behind it. To which he replied as you quoted, my bad for my interpretation of his comment.
You have your view and I have mine, perhaps we are both guilty of not stating in our opinion!
SD has said on many occasions he doesn’t like to comment on the share price but to my knowledge today it’s the first time I’ve heard him say he’s somewhat restricted.
All you ever do is nit pick people’s comments, then again its hardly surprising as we’re not all know it alls like yourself.
Another interesting question I thought of asking, but didn’t, was what made him to join GGP.
He is a class act all said and done and would fit in well with much bigger companies than little old Greatland. When he accepted the job he wouldn’t have had any idea of the tremendous opportunities we have going forward. Any number of events could have gone against us up to where we are now.
We are lucky to have him in my view.
SAS. I remember everyone talking at the time about him selling and although I was miffed at the time, it was the general feeling that he was free to do as he chooses as he’d left.
My guess is that GH wanted to sell and the board didn’t. I also find it sad that CB was gone soon after. Why wasn’t he given a seat/position on the board. Would have preferred him to AB sticking round.
I agree Trippy and Freddi, GH at the time was lauded by all except the shorting crew.
I will also agree what Spades said about GH selling, which stained his record in the end, in my view, although how do we know he wasn’t forced out. Sd had undoubtedly changed everything for the better, except the share price which he hasn’t been responsible for, although that needs to change going forward.
being in here for over 5 years i’m fed up with anyone suggesting i should be patient. the pace of the hav project has been exceptional, to which nobody can argue, but it’s high time our share price caught up. it’s obviously being held, but for what reason?
i will be massively disappointed if we don’t get transformational news tomorrow, especially as it seems we’ve been served appetiser rns’s every day. i’m now ready for the main co****.
sd gives interviews regularly, so no real reason for jolly over here without something juicy.
i have everything crossed 🤞
No point talking about what he can’t control, how about getting the prospectus out for the new listing or drill results, We need a floor for the share price and stop the drift downwards. Remove the uncertainty that’s being used against us.