The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I donāt think itās raised to the surface or seeped, the whole formation (mesaverde) where the under mature oil has been sitting has raised and poked through the surface, the Americans call it a hogback and why they call the area where the formation comes to surface Asphalt Ridge! (Itās immobile as it has a thick viscosity)
Itās think itās kind of telling when usually after an RNS day the price the next day goes down and bottoms out, here itās maintained and pushed on a little further and held, I like that it shows that the mms could be interested in a new trading range higher up!
https://twitter.com/fadec92/status/1460890858509774849?s=21
It close to breaking out just need that little bit of volume and it should start to move up, imo!
The original 10% was to be funded by the third party Potter talked of
ādetailed discussions with a third party which is funding an extensive in-situ oil production programme adjacent to TSHII's land, accessing resources deeper than Greenfield envisages mining for its purposes. As part of these discussions, the third party would potentially provide sufficient funding to Greenfield to enable up to five wells to be drilled on TSHII's land along with the requisite infrastructure with an associated 'off-take' agreement serving to provide sufficient upfront funding to enable Greenfield to acquire the initial 10% of the Membership Interests in TSHII to be repaid from the sale of the oil producedā
It could be either or company foxm but was thinking Valkor come to the rescue as maybe the third party didnāt want to fund the initial 10% not without securing the property!
Could be right Foxm Iām not ruling out Valkor.
If it was 3 months then triggered a takeover then Iām sure you would be happy on that outcome!
Very nice rise in Volume today, was that one last dive to the bottom before moving on up, as have done twice here, it generally works as trying to shake out the last sellers!
https://i.imgur.com/iiR2T7e.png
Ok itās part of the strategy as like SRA-737 just hope this time they nail down pre-clinical and get it to completion and it does seam a good idea to get into tablet form now rather than later, they have just got to do it as Iāve heard time after time of why itās been pushed on, they have the cash, just get it sorted no dithering!
Rebster Iām sure it was the formulation issues with SDC-1801 not Covid when the pandemic was ongoing Tim said in the summer of 2020 in a video and Iām sure in an RNS said that covid was not effecting the business, I think it was later into the pandemic that it was admitted it was effecting the business, and Iāve followed the pre-clinical development for some time, the timelines have without a doubt with or without covid has slipped time after time!
18th December 2018
Start clinical trials both in 2020
https://www.lse.co.uk/rns/SAR/agm-statement-450qg773hfl60kj.html
13th June 2019
Start clinical trials both in 2020
https://www.lse.co.uk/rns/SAR/portfolio-update-2qe2t4u476hh8bb.html
27th August 2019
Start clinical trials both in late 2020
https://www.lse.co.uk/rns/SAR/trading-statement-w5yp0m5v56rommk.html
17 December 2019
Start clinical trials both in late 2020
https://www.lse.co.uk/rns/SAR/agm-statement-m6bpjk5kfj7cge2.html
https://imgur.com/a/sB9EME0
https://file.medchemexpress.com/batch_PDF/HY-100895/SAR-20347-DataSheet-MedChemExpress.pdf
Foxm Hcdās are near but higher up in amount, there is a little parcel above but there needs too be a reason why TomCo are dealing with another company in funding, Hcd are an oil and gas chemicals too a product and now Valkor have obtained rights there, the company New Day Energy want too produce with RF tech on the TSHII so know and own the lease on the area next door itās seam a good fit too let them produce the subsurface and TomCo the surface, in a letter from the DOGM too New Day Energy they talk about the uneven territory and desire too use their tech!
Also the PetroTeq plant is being run as a demonstration plant too clients on this basis only!
PharaohRocher the leases next too the TSHII site are owned New Day Energy Development LLC which have recently been renewed, Valkor has been mentioned also so could be doing the drilling as they have extensive experience but the company above want too use their in-situ tech (PyroPhase) so too me is a better fit with their RF techniques
Also itās said in the TomCo news release that the company were adjacent too the TSHII, so they can develop the leases together TomCo surface mining and New Day Energy Subsurface!
New Day Energy Development, LLC own the leases next too the TSHII site, so Valkor could be doing the drilling as they have extensive experience but the company above want too use their in-situ tech (PyroPhase)