The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Https://x.com/DDS_DocHoliday/status/1771559456184087022?t=TLdNp7cvc6UWqHCnoAnZPA&s=35
I feel it should work from here but I cannot get it to play.... does anyone know how?
Ahoy Campers... everyone invested should listen to the Money Sponge interview... someone repost the link please.
You need to listen to the emphasis in Mike's voice as he explains decisions in his characteristic style. Unlike so many corporate figures, he does not shy away from the difficult stuff that so many do. That is the reason why it is better to listen.
Doing so will give you insight into why he/they took the funds at 0.3p.
How he and Nick cannot just dispose of their shares on the quiet for profit (obvious I know but still worth emphasising)
Why previous assay techniques in Victoria were not the best... now replaced with whole of bag bulk samples that are appropriate to the style of mineralisation.
Just how big and prospective these tenements are and that a Major DID have access to the 'data room' previously so they are clearly aware and potentially interested.
How the Tax loss might feasibly work AND the engagement with and appropriate tax specialist from the the get-go (October)
Why small scale production is a possible and appropriate route for ECR and how other now much larger companies did the same in the past.
So there is a lot of content. I was at work half listening and could not ask questions. Not familiar with the platform either but HE WAS OPEN FOR PEOPLE TO ASK WHATEVER. Not hiding. Not evading.
Please add your thoughts.
Go listen. Rich Newsflow going forward here... have a swell Easter BH
Can’t post long mes Dan
Bottleneck good in a way… stops people timing trades
Need to invest in bigger picture
…..actually along with the prospect of small scale production when the find is right. Cashflow!
Big point regarding.3p placing was need to accept it quickly when offered
Waiting / negotiating does not work
New funds allow big ramp up in scale of activity
Biggest message he delivered
Labs not busy when Davey Road was assayed… v busy now…. Results can be any time
Just a repeat of labs being busy
I think so too. It has to be the way forward. Pretty tasty licences in Victoria and can offer a good deal as the tax losses are such a big win!!
I’m in…for the avoidance of doubt
Let’s just say that Doc will have considered the communication flow…..
They are too busy with their lifestyles Soss.... maybe they are just having a BBQ and eating sausages on sticks...?
... or maybe it's taking longer because there are so many 'whole of bag' nuggety gold fire assays to complete ...( chuckle... much better than Davey Road) which of course takes longer, costs more..... but will sure wake up the market and the potential JV partners.
Snag anyone?
Kuboid Hill results any day....
Remember the laugh...'Yeah, it going a lot better than Davey Road...'
Just saying....
Anyone?😁
Will the next raise be at .6 or 1p?
Irony … for the avoidance of doubt
… yeah but it just a lifestyle company right…lol
The trade is the reason why all the buying on Thursday at 0.3375 and 0.34 did not move the dial.
I did wonder.... added Friday morning but missed the actual low.
The added funds allow the team to broaden and accelerate what they do next. I'm happy with this and am obviously happy to see them targeting a £20-30 million Mcap.
The elephant in the room is that they have too much potential work to do. The licenses are big and full of promise. Any one or two would be more than ample for an explorer the size of ECR. So I am certain they will do a deal with a larger entity.
The question is just who, what and on what terms. Questions sorry.
I think some of the current drilling is to prove to said potential partner what is available here. Kuboid Hill results will be a step in this. I think the next quarter will be pivotal in that process and a JV will emerge. The rising gold price makes this more and more appealing to another and the outcome will be a win-win for ECR.
I have no doubt this will top 1p in 2024, making the board's remuneration package took very healthy.
AIMOHO and DYOR
No doubt IG..MW knows this... you can choose to grumpy or you can choose to be in and see the gold for the quartz.
Don't agree with your 10.12 post mental....
This was a targeted raise with a very sexy list of uses..
There will be another raise most likely but will it be 0.5p or 0.6p or 1p... who knows. It won't be at 0.3p if the future exploration is successful. MW and NT have clearly done this to be able to forward plan the companies activities over the next 6 months. I also assume Doc knows that the grumbling will soon stop once the Kuboid Hill RNS comes out...
They have a plan and a process to work through to turn around a very poorly performing company. Amen
Look at the 1 year chart.... see how the new management has turned this around.
Look at the list of current (we await Kuboid results and more) and future (see today's sexy RNS use of proceeds) value trigger opportunities in a safe jurisdiction, in multiple large tenements, in THE RIGHT places (#envious).... look back at where the chart is going and then imagine future news drops....
... with the price of Gold well over $2100 with more to go....
Then look at the MCap!