The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This Friday I will have another top up as long as the share price hasn’t risen sharply by then.
It’s been just over a year now since I invested on imminent news! In that time my then newborn is now walking and we have a daughter due next month. If my personal life wasn’t so busy maybe I would have traded out of this and tried investing in something else, but I figure I have committed this long why fold at what I hope is the final hurdle? I think a lot of other investors have the same mindset and are stubbornly holding on.
Good news this month Harry?
TW mentioned Harry said the process was grinding along and there was nothing to worry about. That was a few days ago.
To me that means no news this month, but we are going to get there soon, it’s just a frustrating process.
It will come.
There’s was nothing bad in today’s RNS, everything is ticking along, so it’s back to the imminent dilution diatribe again.
We are all aware there will be a fundraise on completion of finance, Harry has been quite open about it. But I bet he won’t be doing it at less than 3p when financing comes in.
For the webinar? If finance falls through at this late stage could Kefi shareholders be resettled in Ethiopia in the spare prefabricated homes? And could the government site security be kept on to make sure their other halves never find them?
Even if Harry doesn’t answer I would like to think it would make him smile!
Key points for me below. I think the cash payments stink, especially with the weak timelines to be met but it’s good news Kefi should get 78pc on tulu kapi. On balance I will take it with gritted teeth, but only because we should all benefit from a substantial rise in the share price.
By 30 June 2021, the following needs to be carried out so as to proceed to earliest project finance settlement:
o. Final construction procurement pricing confirmed;
o. Detailed documentation to be approved by the relevant Government agencies, including the Ministry of Mines and the National Bank of Ethiopia, so that execution may proceed by all syndicate parties;
o Finalised position for local equity investors and off-taker
It is important that we now proceed to financial completion in accordance with the latest plans agreed with the Government. Indeed the Government has warned of administrative consequences if we fail to do so and our syndicate have all made it clear that all wish to proceed to plan subject only to normal safety and compliance procedures.
If there was bad news with warnings from government departments they would have had to have released this.
There’s nothing bad in here at all just steady progress while the boxes get ticked and the financing takes it’s course.
Should be a good month.
https://www.ethiojobs.net/display-job/304488/Cultural-Translator-Officer-(CTO).html
Sir,
I would like to apply for the position of security risk manager. Having watched Predator, Rambo, Commando and many other 80’s classic action films I think I am suitably qualified for this role...
Absolutely. And the company have contacted the mining agency, the PM’s office and the finance ministry and there is nothing in it.
If people want to sell their shares first thing good luck to them. I think they will be regretting it within weeks.