The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Guys, I'm joking. I wouldn't tell Hamm my holding. It's irrelevant.
WOS - an investor can talk their share down if it or their BOD is underperforming. If you want to have the blinkers on and only look at the positives, more fool you. But I'd say relentlessly pumping a stock with zero balance and telling people not to buy in the raise at 2.5p and instead the market at 3p is immoral!
On your first question, I bought in here as a punt in the July 2021 raise at 3.5p. It was a miniscule holding, purely speculative. I saw it drop to 1.6p in December 2022 before it spiked up following MB's presentation and the MG minister saying "1-3 months" and we'll be sorted, which got me interested and keeping more of an eye on it.
I was very disappointed that MB did a raise 6 weeks after saying there would be no need for a raise and that we were fully funded for the foreseeable future, but put my emotions to one side and bought in significantly at the 2.5p offer price, despite WOS telling everyone just to buy on the open market at 3p(WOS, doh!), because I did/do ultimately think we'll see a resolution. But gradually my hopes/expectations have been coming down the longer this has dragged on. I'd say my hopes dropped below 50% but the latest release probably sits me slightly back above 50%. But I would not be surprised to see this drag on and find it astonishing that some on here shoot those of us down who are less optimistic than "15p by end of the week!" types, given they've been consistently wrong and this has consistently dragged on.
Anyway, you know all this.
As for selling out, as it stands today, I'd be happy to sell the majority of my shares at 8p and would keep a smaller holding to see how it plays out. But things can change. They often do with MATD.
Hamm, just for you, I found my post from February:
"Completely agree. My own estimates have come right down, we might even struggle to hit 8p now but I’d be selling the majority of my shares if it does."
Be very careful believing what WOS says. He doesn't have an eye for detail and forgets/twists things to suit his narrative.
I don’t expect an update for a little while yet. Standard practice, a signature takes months in Mongolia before you find out there’s another one that needs signing. You just have to hope Thornogson is right and that they are running out of excuses.
But if this does trundle along for weeks/months with no update, I don’t want to see one word of moaning from the likes of Hamm, Master82 et al and anyone who have been critical of those who took a more realistic/balanced/“deramping” view. And yes, you can include Cybertron in that, where I see LSE deleted his vile creatures post. Personally, I would’ve liked it left on here so everyone can see how vile he is!
Approaching 3 weeks since last operation. As master82 said at the time:
"If not signed in few weeks then back to 2.7p"
However, I do think we will get there in the end. My difference of opinion is that it always takes longer than we think. And I don't see 15-20p happening when we do pump our first barrel. Such a deramper, eh.
Stas - a big thanks for your efforts and others that I may have missed.
I will be honest that there are so many posts on COPL that I have lost track of exactly where we stand, other than knowing the situation for us is grim. I have no doubt whatsoever that there has been considerable foul play by those at COPL and can only hope that some of the more erudite members on here, as well as the CAG, can somehow make sure that those culpable pay a heavy price and maybe some jail time. And if we're very lucky, maybe receive some kind of compensation.
WOS - is following someone over to another board and criticising them abuse? Or asking what a post full of Mongolian gibberish means and getting told you're stupid?
Be wise AND honest, SIR.
Yes, WOS - you are the one that sows division here, criticising anyone who dare have even a moderately negative or even balanced opinion, and encouraging others to jump on those that do.
Ah, Symph! A member out of nowhere since November 2023 and only posted on MATD, come on you sad act, what was your previous username?! I'm going for iamrich. You've got the same potty mouth.
master82 - who rattled your cage? Roxy is full of double standards. At least I'm consistent... we've been led down the garden path so many times, I want to see us actually producing oil before I'm going to "guarantee" anything. What's wrong with that?
And do I see the uptrend? Over what period? The 1yr chart doesn't seem to be trading up...more sideways and far below its high. And the longer term 5yr chart is definitely not trending upwards.
I will say good to hear from D1nger. His one post carries 1000000% more weight and credibility than a single one from WOS!
I'm sorry, Roxy, but I can't let you get away with this. You were highly negative a few weeks ago, also commenting on MG politics, WOS's credibility with him repeating ad nauseum "any day now" and that none of us can be "certain" which way this is heading.
And yet now, after an RNS where politics is still at play and we need yet another signature, you have the cheek to criticise others for comments similar to your very own?! You haven't bought in/topped up by any chance, cos it sure seems that way.
"Keep on dreaming folks !!
This RNS ain't coming wether it's long overdue or not. Just going to have to wait till MG politics is resolved and that will take time
Its not being sarcastic at all. Sorry folks.
Its just something that's being posted time and time again that its lost any consideration or credibility.
And with regard WOS.
He has posted some interesting and excellent analysis here on this board but I dont think even he can be certain of which direction this is heading. Its a wait and see ride from now on .
Just my opinion folks."