The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Kinda looking like the market is not impressed at all and I just don't have the confidence to think PanR will cease to fail. I am also quite curious about the one well producing jut 2000bl/d. I may be mistaken but it seems really poor. How many wells? I am also a little gobsmacked that the guy at the meeting Bob was surprised at the hostility. This share is at 16p from well over a £. That seems fake to me. How can you not look at the failures here and think it's all going to turn around just because? They have dumped loads of wells because they have failed with no sign how long that may take to monetise and no one seems bothered? Anyway, they are my reasons and I at this point don't see it. My loss.....
https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-49825133
https://www.cnbc.com/2019/09/17/saudi-energy-minister-says-oil-supply-is-fully-back-online.html
https://www.ft.com/content/e7d4f534-d959-11e9-8f9b-77216ebe1f17
They have said not Pelle but it strikes me that they would not know for a while. I would be amazed if no one was hurt. USA already talking of meeting and this creating leverage for Iran so it seems they are in control. All hail new powers Iran. Unbelievable....
Supply is not the problem though Pelle, this is one time I agree with Squif . We Hope that it does spike but the negative forces (mainly Trump) amazingly seem to be in control. It’s nuts, but that’s the way it is. It’s also nuts that Enq is here at this price
And ask to normality, nice dream for a while ;)
https://www.wsj.com/articles/saudi-officials-say-oil-production-to-return-to-normal-levels-by-monday-11568491979