The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It seems many are banking profits...and we are STILL going UP...
Oh my DEAR FRIENDS.....there is a VERY VALID REASON why we are going up...on so many bailing out....
The REASON is....
SELF FUNDING....£MULTIMILLION company which has no debts...and will be PAYING dividends in FUTURE....
The more u have in your KITTY at low price....the more you get DIVI payments in FUTURE...
1st thing is 1st....lets get PRODUCING and earning REVENUES...so we can ASAP....drill 2nd WELL...schb3
Tomorrow is FRIDAY....we will have
MASSIVE BUYING PRESSURE into close imo...thats if we dont have rns 1st thing...
For me REAL 🎆🧨🎇🎆🧨🎇🎆🧨🎇 start next wk...
PRODUCTION starts at SCHB2...
MASSIVE POTENTIAL this at £27M m/c
Our major shareholders with 41% holding....sold their dutch asset for $260M.....they then turned their attention towards RHEIN PETROLEUM to develop newly discovered STIEG
“We plan to build a material business producing German oil for the German economy with a minimum carbon footprint.”
https://www.offshore-technology.com/news/kistos-acquire-tulip-oil-netherlands/?cf-view
With this latest IMPROVED find at SCHB....there is an outside chance/possibility...TULIP might force a sale here....which i personally dnt want....and very likely that TULIP OIL...will end up BUYING shares in OPEN MARKET....taking their stake above 50%.....
Now thats a THOUGHT...
We have been CONSOLIDATED nicely in this current range of 0.23-0.26....wants this resistance is broken...which imo it will most likely later today...then we target 0.27-0.30 range.....most likely tomorrow....
Nxt wk we want to be FLIRTING with 0.30's and then 0.40's/0.50's
We all KNOW what fridays can do here...as hardly anyone wants to be out over the wkend....tomorrow 10%/20% 🔵 possible without rns....
Then nxt wk...REAL FUN starts.....as we hit PRODUCTION and REVENUES start to come in
HAPPY DAYS!!!
We will most likely end up in 600bopd-1000bopd range...could end up well HIGHER...but we wont get ahead of ourselves...
600bopd-1000bopd =
REVENUES of £18m-£30m/yr =
Profits of £12m-£20m
Above = 1 well...
PLAN is to bring 3 WELLS online ASAP..self-funded from SCHB2
As per normal SLOW start....we will SPRINT to the FINISHING line by end of PLAY...
0.27-0.28 FINISH my GUESS... 🚀
Then tomorrow 0.30-0.32 without rns...
NXT wk 0.40-0.50 even HIGHER possible with PRODUCTION starting