The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well some proportion of the previous drop(s) was due to relatively small volume trades too, it's not a massively liquid share. No explanation to offer on top of that, but there are some chunky-enough buys among the small ones (the latter presumably people just noticing the rise and taking a punt themselves)....
No idea, but there's rarely smoke without fire... [is there a more positive version of that saying?!]
Exactly my thought, BBB
Well a wall of blue is finally nudging the SP higher again, long may that continue. Low vol sales (v low liquidity) got us here very fast from 8p, so I reckon we will now be back there in the short term. Will take more positive news to get back above there though...
I would make your call after the next operational update(s). It's all about the next 3 months or so - can they get enough tonnes out, of the right grade ore. If yes, this will fly back up. If no, then we are toast. Everything else is just noise.
Not a holder here, but for anyone reading Malcy's view on today's RNS:
https://www.malcysblog.com/2023/06/oil-price-challenger-sdx-hunting/
His comment is off the mark. For a premium connection company who cannot make tubing (Hunting) and a pipe company without a premium connection (Jiuli) it is an obvious tie-up, but very few operators outside China actually trust Chinese steel quality for such critical applications, and Hunting is the #4 player in premium connections at best, so a "world class JV" this is not, sorry....
Dunno his reasons but agree he will be missed, and yep, that leak (/fake news) drama all got very personal, would take a toll on anyone I would guess. Hopefully there are consequences down the road for the responsible parties, regardless of how SGZ now plays out.
Has anyone heard anything since the presentation, out of which we mere shareholders were kicked before any juicy chat? Tks
My thoughts exactly, Eldwick. Would have been very odd appointments for "old SDX"... I am also a LTH so a sale at any discounted price (I mean compared to real value, not today's ridiculous SP) would not be my preferred end game, but to be honest at this point I would seriously consider a (reduced) hit to exit here. Let's see.
A) suggests confidence, or at least the benefit of the doubt from many. I (over-)subscribed myself.
B) puts precious extra dosh in the account for the short term.
But the next 3-4 months are clearly critical. Use the money well, chaps - and fingers crossed on the grades.
I was unfortunately unable to attend, was there any "new" news, or was it just procedural? Thanks
Thanks for the continued updates.
I don't use Twitter but this Jon Chapman dude clearly has an axe to grind, he (whether real name or alias) pops up commenting on a 2021 article, scroll right to the end...
https://constructionmanagement.co.uk/scotlands-first-gold-mine/
Nothing wrong with having a moan about SGZ,we have all done it and sometimes with good reason but there's something fishy here...
I think there will have to be an RNS as soon as there is any inkling as to the initial outcome of the LHS this week, so would hope that BOD will comment/update on some other points in that same single RNS.
I have filtered his messages finally. Not burying my head in the sand, there is a grain of legitimacy in some - some - of his questions, which we all know, there are clearly issues to resolve and critical info to await (though hopefully not long - initial LHS feedback this week?) but the incessant, largely unjustified bile is just too annoying. And makes no sense for a poster without some personal grudge. Even shorters post less cr@p, have thicker skin and spread their comments around more target companies. I guess he's a former employee, but who knows... GLA, fingers crossed for positive news sooner rather than later.