The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I don't want to be pedantic but having worked in Whitehall and business for decades know only too well that if a proposal or draft is 'waiting for sign off' by Ministers or executive officers it has NOT [yet] been approved - however positive the recommendation from officials to their Ministers.
PoC - I think "Have you seen how much gas is presumed" might be a more accurate statement.
Let's hope 2024 brings news and progress; and a reprieve on this board from the ridiculous speculative ramping, personalised attacks and naive interpretation of AEX statements of intent as 'facts' which has prevailed in the absence of news flow (let alone gas!) through 2023.
What is wrong with you Roger? I made no comment about the shareprice or AEX's potential - merely upticked MrMoi's comment about how petty and repetitive and tiresome so of the personalised bickering on here has become - and then you respond with a personal snipe at me! Case proven methinks. Added to my filter list.
The trouble is, Vike, if you read EVERY previous half year report (since I’ve followed them certainly), you’ll find commitments and timelines that AEX subsequently fail to deliver. Until progress consistently matches prediction I take every AEX proclamation of intent (particularly those with timelines) with a massive pinch of salt. I still think there’s potential here but it’s a long and frustrating haul.
I tend to agree with Blackgold on this - but more importantly am reassured that, at long last, ARA/AEX actually seem to be working to adhere to their own previous declarations of timelines. I still have some way to go to break even but am reassured that things are now moving in the right direction and AEX newsflow could become the norm rather than the exception.
I'm not a basher but I have been waiting here a long time and seen many, many claims of false dawns. I hope this year may be different.
If you are genuine in your question, I'd suggest the 'bashers' you refer to get most pleasure from poking sticks into the hornets' nests of those they perceive to be over-egging the prospects - perhaps because they think it will bump up the share price, perhaps because they genuinely believe what they post naively hoping it may have an effect on the SP (which I very much doubt and would genuinely advise new investors to ignore. No-one on here knows any more than anyone else - it is pure speculation but such is the stock market). We have seen many rampers come and go too. Treat all contributions as mere clickbait, I'd suggest. The thing that WILL move the SP is company news.
If anyone here thinks that any comments (positive or negative) on here or any other commercial site make one iota of difference to the shareprice, I suggest they would be better putting their money into the National Lottery.
McHaggis has previous in interpreting statements from AEX or third parties that something is '... expected by..." and then replaying that date as fact; before then going very quiet for a while when the date almost inevitably passes without news. I am not a naysayer and very much hope that good news will be forthcoming - my own opinion is that things will progress satisfactorily at their own pace and nothing said on this BB will make one iota of difference to the sp (up or down) or progress. My own speculative inclination is to report daily that there will NOT be news today and then revel in the statistical proof that I am something of a prophet with considerably more predictive success that others who regularly declare there will be an announcement/achievement "on the first of the month/in the first week of the month/on the 11th or 12th/on the next Bank Holiday/date chosen by user"** (Delete as required) But I'll spare you the noise.
ARA are clearly determined to maximise and accelerate ROI. That bodes well for those hanging on their coat tails. With no remit to shareholders and very much the controlling party ARA, I suspect, have little interest in communication - even potentially with JV partners. Whilst not ideal for AEX (or us as shareholders) I’d far prefer to have a silent do’er as partner (and let them get on with progressing towards a properly sequenced plan for revenue - ie including driving a hard but fair bargain for pipeline and GSA etc not merely on drilling on regardless hoping that the agreements will follow) than one focussed on advertising how good they are (which often masks reality - as we well know from the recent past). So far ARA have been true and honourable to their agreement with AEX and I don’t see any immediate reason for that to change now? On balance, I’m content and happy with where we are.
Like a previous poster (sorry I cannot remember who it was) , I wonder if ARA have the data but needed to get the SCIR deal sorted before releasing information. That would not have stopped them making preparations on the ground. Next week could get more exciting. Just supposition. GLA
Edgar, I did not ask the question but am nevertheless really grateful for your clear and considered view. It is an example of how this BB when used sensibly can genuinely inform those of us less experienced than others. . Thank you again. FWIW I agree entirely. Andy
As long as the offer is over 5p I wouldn’t be too concerned. But If ARA were going to do so they would have done it before now and the Scirocco experience would suggest they will defend against third parties spoiling their/our party. We are in a good place I think.