The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Or we could listen to the Grizzly players
There are some Chris who will always revel in the misfortunes of others but Karma often has a way of dealing with those people.
Meanwhile I am still reading a very long document where the plans are being fully outlined, which is what we have been calling for. It seems those who panicked may come to regret it and I have to admit watching it drop made the bottom twitch but I stood fast.
Seems we have some geniuses who can read multipage document and make full judgement in a just a minute or two or the basis of one or two paragraphs.
I thought it has been a good buy for weeks as it was dropping but even more so at the moment. DYOR
Firstly for the pessimists, we have found oil. It's good quality and it is flowing from Djeno
"Following this initial bleed, the well has been bled weekly in order to manage pressure. Over this period, the well has continued to produce oil and gas, and the water content has subsided. The well now flows without any assistance for the entire duration of the bleed without a drop in its flow."
The Plan
"In order to produce from the Djeno, we intend to side-track the well into what we feel may be the optimal part of the reservoir, first testing the deeper Djeno exploration potential but then producing from the top Djeno, where two CPI reports have indicated a good-to-excellent reservoir potential. The side-track is a 25-30-day programme and we intend to complete this work before the end of the year, subject to rig availability".
BTW for those that cannot understand.... "subject to rig availability" DOES NOT mean 2020 or beyond, it simply means what it says and it can still be done this year and will be if possible.
Looks like a bit of cheesy mash going on here
The 10p party is still a good possibility here and once we get the licence through that should bring a surge, I expect to see further steady upward movement from there so if I am to play this game I will look at it both ways and not blind sided from a pessimists or optimists only. So end of September
If granted and completed by end July then between 3 & 5p dependent on what announcements during following weeks. I expect things to move rapidly.
If not granted and extended one month then just a little drop maybe even a small rise
If not granted and further 3 month extention maybe .6 I really do not see LTH selling out at these levels, so I don't expect a dump so it would be small trade fluctuations that would move it imo
Of course pre end July we might well see some recovery in anticipation
Well I remember someone screaming about Solo and how bad that was and how much it relied on Aminex and telling everyone how far it would fall but you then took his money out of there and put it in here. What kind of crazy decision is that?
He then started telling everyone how far this would fall and when he claimed to have lost money here he then took it out put it elsewhere only to do the same. (AAOG for one). He appears to have lost money on everything he's touched so one wonders how he replaces all this money he keeps chucking away.
I think there is a clever chap trying to appear very naïve because having seen him do this destructive thing across a few shares now, I just don't buy his wind changing emotions. IMO he is trading the billio out of everything he touches :0))
Large pinch of salt with everything said me thinks
Only $10m? Wow that's cheap! Surely a drop in the ocean compared to the returns it will bring and especially when we already know it's there to be lifted.
Sentiment is but a game that many play. The constant manipulation at both ends of the scale fools nobody but themselves and others playing the same game. They are in effect stealing from each other whilst damaging the starting point situation for LTH.
Talk a share down, sentiment goes down and Vicky verky. I feel we are sitting on a black gold mine and am prepared to wait.
Looks a good price right now
I agree, I expect to see something today or at latest in the morning on the presentation front. Also agree that the changing of management at this stage would be the wrong thing to do. For me, it's quite clear in the majority of the opinions calling for heads, that there is some personal motivation in their calls.
No woody there is a persistent effort to play up the idea of a placement. Yes the guy is requesting approvals for down the road possibilities but listen to the man. 2000bpd get the money flowing and we push on to 5000 that is a sign of self funding. Not one of a placing. We can't rule one out down the line because we will want to go onto 104 ultimately targeting the real big one in vanji. By then with Djeno flowing nicely and towards that 5000 who is really going to complain about aplacing after the company has been transformed to a much higher value. All this placi g talk imo is dileberatly aimed at manipulation of the SP Listen to the engine driver and ignore the oil rags is what I say.
Just to quickly come back on that. That is the reason I suggested we talk privately on Sunday. I have no intention of clearing things up until at least you understand the situation and certainly the discussion is not for these bbs.
Yes you do, I have my name on that penthouse, down below you should go :0))
Sound good to me. Pleased to see you are upgrading to a condo :0))
Frack
Hand-some normally is a key word you used. It would be normal but in this case to do that we had to track and while that was being discussed and plans put into place. Djeno started to flow of its own accord so that changed everything in an instant. This is why the boffins have been deciding which way to go. They have now made it clear that Djeno is the most sensible reservoir to produce from. That needs different equipment which they have apparently sourced and it is now just a matter of timing befir you get your wish
Has, here here for gawds sake
Can somebody explain to the fella the difference between a written production plan and general excited thoughts about which direction we might take immediately after a strike. In the cold light of day is this guy serious enough to believe excited ramblings until it has been properly investigated on the best options. This fella gas also been hear a while knowing full well that the denjo oil coming to the surface would have changed all good plans of mice and men. His obvious deramping skills are showing like a woman's skirt tucked in her knickers and is the same on many of his visits