The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wonder when that 600k short will be bought back...
Looks like IG got no more stock to loan shorts..maybe picked wrong stock
Is it getting squeezed
Well a 600k short at 67p put on this morning it been said ,looks like Tom and his men trying to cut losses on those shorts not closed early, if if closes at 67 or above it doesn't happen. Let's hope the USA example is followed
this SP level is more than covered by the Manica Au mine and Zambian Cu imo. So the Aussie play for no risk ,but each to their own opinion
Come on CB an RNS about African projects progression please .it's Feb now
It would be good for the new investors to listen to that interview ,as it shows why a target value of the company at 5/6p before Bushranger drilling was possible with Manica gold finally kicking of this year, and the company bringing in 650k pm without BR. This 5p SP to me doesn't value the BR project at all when the gold flows in Q2 this year.
Ananda how's your £1.50 shout on FUM doing
Interims have to be this week, I'd expect trading update at the same time
As price rises the investors short on XTR ,will start buying back to keep some of their profits,as it puts to bed the arguement of dropping to placing prices. So waiting for drilling results of second drill to drive price upwards
Is it based on equivalent of 2mt Cu if value of CU + Au is equal to 2 Mt Cu
So if it falls below the 2mt figure does the Au percentage become important for a buyout, or is it just based on Cu
So if it falls below the 2mt figure does the Au percentage become important for a buyout, or is it just based on Cu
I'd expect new flows from progress at Manica with gold extracted from GF and Boa,and progress on FB mine every month now as CB is in information mode. Also we were promised income from Zambian CU tailings early this year. Hopefully BR has woken him up to deliver across all company projects.
Just popped in to see if Ananda had been on the BB as the SP is rising..
Warrants can be forward sold I think.,whether they have been ? Will soon find .
I must admit I thought Bird had finally redeemed himself,and that the Mozambique gold was coming on line just in time to fund the Bushranger drilling program. In fact if his prediction of cash income from these programs was true it should have been possible, was his forcast over the top, probably. Will be interesting to see what funds are actually bought in from the operation in Manica over the coming months and whether the ever delayed Fairbride is in production in June. Personally I'm never happy with dilution when it could have been avoided.
I'd say the Mozambique gold play alone could support this SP level, with revenues starting now according to time tables so should be a larger monthly revenue coming in, hopefully jumping to £600k a month by June July..we'd like an update about Manica please Birdie
I doubt they'd still be drilling if low on confidence of Cu levels, previous drills given decent CU percentage so looks very good imo. Au levels could be decisive but say but results will prove out. You can see results of previous drills if you care to look
CE,just hope he doesn't involve them if we have to place. Please don't get me started on the he Mozambique play,that should have been producing sometime ago imo. I'm still not sure if he gave the contract to some business pal it was a right **** up