Member Info for glynbristol

"Strong balance sheet with no debt, no hedging and cash and liquid assets of US$312.1 million, as at 30 June 2021, after US$34.5 million dividend distribution on 15 June 2021" People are fixated on the daily price of gold - but look at out cash and liquid assets. That's a years coverage of mining cost, if the gold price was temporarily unfavourable, CEY don't have to sell it, and can hoard it for up to a year waiting for a more favourable price. Other miners have debt to serve, and have to sell whatever the price to serve the debt. CEY does not - what a great place to be.

Sotolo, you were interested in other people's view. I think the results are great. Everything as expected and good solid performance, and absolutely nothing to be concerned about. I think you have an agenda that is looking for negativity and you wish to promote that at every opportunity. Read the results again from an impartial view, you may feel a lot happier. Oh, and please do not respond with a negative rant: I wondered if you genuinely wanted to hear another person's view or were baiting someone to respond so you can spread more doom and gloom by elaborating an depressive narrative as to why my views of a good positive performance must be wrong.

Barclays - I queried today about when Poolbeg share would appear in my ISA , their reply was "Further to the Company's announcement of 13 April 2021, the board of Open Orphan has determined that if and when the Poolbeg Shares are admitted to trading on AIM ("Admission") Relevant Shareholders who receive Poolbeg Shares will not be permitted to sell, transfer or deal in such Poolbeg Shares for a period of 9 calendar months (the "Lock-up Period"). Accordingly, Open Orphan and Poolbeg have appointed Croft Nominees Limited ("Croft") to hold the legal title to the Poolbeg Shares from the date on which the distribution in specie is effected until the date which is 9 months from Admission"

Moniman. Si_derman is right, even if it sounds uncomfortable. There is alot of spin and false promises in CF interviews - with an expectation that we just trust him as he is the biggest shareholder. There is no need to give him financial advice, he seems switched on and can make his own decisions.

Your post is a bit misleading. How can it be risky to find helium at 70m and 560m where we did not expect to find any due to geology and lack of a trap and seal. Would it be less risky to have no helium show at all, until we drill through into a cap and seal.

Diversified - i did too. Couldn't believe it was 20% down and grabbed a load as a short-term trade. I believe the share price will return long before the helium discovery is announced, and maybe over the next week. What a great way to get over England's footie disappointment.

Interesting indeed HF. If you held the warrant, when and why would you convert?. If it was approaching expirety date, of course, is one reason and to sell the converted warrant shares and materialise the difference between warrant price and share price is the other. So when I see warrants exercised, I predict the sell off of the same. (So, in summary, either the warrant holder needs cash, so intends to materialise their interest in POW, or possibly they don't think the share price is going anyway upwise, (or believe it's plateaued or about to decline) and now is the best time to materialise their interest and pursue other opportunities. . (If of course you believe the share price is going to steadly rise, you would not need to materialise the warrant as you already know you can convert at say 0.7p anytime. Holding the warrant costs nothing -. exercising it involves paying out cash, so it's done for a reason.

I liked the
" Fortunately, with our access to three challenge study clinics in London, we were able to find a small gap in our schedule later this year to slot this particular study in at short notice."
(Small gap suggests this is not the big one). And

"Likewise, as previously confirmed to the market, our London facilities are comprehensively prebooked throughout this year and into next year".

Great time to buy if you think that it will get back up to 35 p on news. It will have to be something really spectular. That's a 40% increase on current price to get back to where it was exactly one month ago. When CEO buys, he has a bargain

We just have to remain calm and wait for the announcement. What we need is commercial contracts from other pharma co's; firstly they will be more profitable than gov't contracts ( commercial pharms contracts you can charge whatever you can get away and the customer will pay) , and secondly, a pipeline of commercial contracts will push up the profit on the govt contracts beyond the govt standard rates for Single sourced contracts. OO is a unique company, with a unique product, and will do well. Unfortunately, i think the lucky leprechaun has gone on holiday, or people have been caught up in the spin of "share price doubling every 6 months", and "big news out in a few days" which has not materialised. I say keep the faith. With hindsight, I look across my aim portfolio, and whilst I am quietly confident in my choices, I think in hindsight I should have bought into Hartley, ( the jam, maker) as all my investments have a common therm of "jam tomorrow".

Great write up of the presentation from pro investors. https://www.google.com/amp/s/www.proactiveinvestors.com.au/companies/amp/news/954012

Not again. We did this a week ago.

I would not rule out hydrogen yet. Both have their role to play. Electric vehicles have to carry heavy batteries, but come with the advantage of being so cheap and convient to refuel (charge up at today's prices and if you have a garage or parking at home). The cost of refuelling a a battery car v hydrogen is currently 1:4 in favour of electric. As for the future, well I think electricity will rise as demand for it increases substantially and the infrastructure cannot keep pace. Demand for hydrogen though will also increase, and it's a question of whether new innovations will keep up with the demand and bring the cost down. If hydrogen per mile and electric per mile become equivalent in cost then I think hydrogen willl grow and heavy battery vehicles will diminish. This is early days yet. Who knows where we will be in the next 20 years. And if household natural gas boilers get replaced with hydrogen burning boilers, then I think hydrogen will get the edge.

Mr Tibbles, I agree that sorting the Sukari mine out has to be the priority with exploration elsewhere secondary. However, I think your post is confusing the previous management failures and the current managements' plans ( agreed yet to prove themselves). This new management appears to be sorting the mine out and getting back to production levels that saw a £2 share price, and reducing the cost of production. I think the future for the mine and shareholders is positive. Also, they are thinking about growth and exploration, (which has to be positive), and they cannot be held responsible for unproductive exploration expenditure by the previous management over the last 10 years. Please give them some space to prove themselves.

Or perhaps should we always be looking for mid day rns's, so our American friends get the news the news the same time as we do

Early yet. In just under 2 hrs the American market is going to wake up to this morning's rise and there is bound to be a reaction!!!!!!

Hi blimey. How do you see L2 info on Google for free. Do you have a link please

Most people's concern is a falling gold price. If it falls it will be temporary, it swings all the time. And this is a great company to invest in to hedge your gold-swinging concerns. After all, they have cash in the bank, no debt, and if the gold price is unfavourable you mine it and stockpile it until the price improves. It's that simple. ( Other miners have to sell their mined gold at poor prices to cover debt and costs - CEY dosn't). Thats why I am in.

It's not cores on a table in the fore ground. They are actually two separate pictures. Interesting!

NOTHING HAS FUNDEMENTALLY CHANGED. An incompetent CEO has performed true to form. ( It lives another month, another £15k pay check in the bank for CEO). If, and its s big risky if, he can raise the TF funds plus more to provide working capital and cover his salary for another 12 months, I think it will be around 0.26p a share, with the promise that he can talk the share price up with fluff statements so they can make a return. If that discount enough to take the risk?