The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Not all humans feather their own nest in the same way as you or I. In particular, some scientific types couldn't give too hoots about personal wealth. The ultimate for them is exploring the science and achieving remarkable and often humanity saving discoveries. Appreciate not many will get thus concept though.
GS
17.36
Agree with your sentiments there Wyndrum.
Just to add.
Folk can think what they like about DM. Good bad or whatever. But nobody can be in doubt that the bod are 100% sure about the Helium being there. Over 10% concentration of Helium has been detected. Previous rig was a poor choice but cheap. Discovery could not be confirmed. Poor decision but we've got over it, I hope.
Right now I personally am absolutely ****-a-hoop that they have raised so much money so quickly and with very little downside to the SP. Dilution without dilution seems fair to me.
Once the rig contract is signed and investors are given confirmation that the drill will happen in Q1, which is probably 90% sure already (imo), I am confident the SP will grow quickly accordingly.
Investors main issue will be when to sell. Too early and you will maybe break even or make a small profit. Riding it out to full blown results could be fantastic profits, high profits, modest profits or more delays and carrots dangling for another year in the mushroom compost. We all hope for the best case scenario.
The one given for me, is that the SP should rise over the next few months from here unless unseen events dictate otherwise.
Whatever happens, I think we all bought into a believable investment. And it still is a very believable investment.
Proving oil and gas commerciality is filled with endless time frames and porosity, permeability and flow issues. Helium is different. It will find its way through the tightest rocks and structures due to its small atom size and gaseous nature. But it has several seals trapping it under Rukwa. It is therefore a certainty that accumulations of He are trapped. This discovery is, for me, aleady proven. The market has not listened to a word that the BoD have said since Tai1 and 2. The confidence is still there and nobody, imo, should doubt that eventually the discovery status and appraisal will result in a declared actual recoverable reserves figure that will justify a market capital many multiples of today's mc. Its the reason Helium One exist.
The above is my opinion based on all I have gleaned in 18 months invested. Please do not invest based on my words. Please research and decide for yourself.
GS
Why do a cash raise giving investors shares in return for 10ppshare if the same investors could just grab shares at 7p today. It doesn't seem plausible, as much as I would love it to be!
GS
Gotta be honest, Our Ceo seems to be a liability. The webinar imo was embarrassing. Enthusiastic yes, but gung ho, blunderbuss management with a blindfold to boot, and a grin to frighten all the Alices in Wonderland. Having said that I didn't like the grin of a ceo in an oil company recently. It turns out they have billions of barrels of oil. Hence the grin. Not sold any yet and underwater. The geology and economics are keeping me focused. The ceo is replaceable. Luckily he has a superb team imo.
GS
Well said csw12. I could not have written it better. Spot on. I personally don't bother correcting his lies any more just to avoid days of his jabberish and smokescreen lies blocking these boards. All posters need to be aware of him/ her and the danger he/she poses to investors mindset. He's recently figured out how to use the twitter boards and look how well that's going!!
Having said that, anything written by anyone on here needs a good pinch of reality applied to it. Hence why folk add dyo research.
Most of our lth research goes back far longer than his. He's definitely paid by someone like you say or has some serious personal issues going on. He does seem to have a lot of time to devote compared to most casual 'normal' folk.
GS
Yes indeedy! Never doubted it despite the resident 'fact' checking heckler! End of Feb sounds just dandy to me.
Interesting that the unitisation plan is in, which in truth lays down an enormous amount of visibility for investors to mull over. It shows a great attitude and belief in making this work.
Definitely more impressed and liking the trend towards neighbourly love. Although I suspect the feelings may not be mutual! ;-)
GS
100% cos, apparently. But I never took that literally, personally. The real question should be "what does success mean"?
GS
I hope they are burning the shorts as well as the excess gas!!
GS
https://www.gov.uk/government/news/government-sets-out-plan-to-make-uk-a-global-cryptoasset-technology-hub
A little old but worth remembering and following what governments think about NFTs.
GS
It’s clearly not a load of tosh.
https://www.thedrinksbusiness.com/2022/11/nz-tonic-company-breaks-into-the-us/
Worth posting this again. It says it all really that supports LTHs belief in the investment case.
In the meantime I shall be green with envy that someone has samples and I don't. Grrr.
GS
I really want to believe jabberba. Honestly. My gut feeling is there are stranger things that happen that I didn't think would happen. I never expected Australia to ever figure out how to kick a ball let alone get to the last 16!
I never expected Boris or Trump would make it to PM and President level. It shouldn't have happened but it did. So nfts are my way of backing a horse with 3 legs and having a smug face when it wins despite my scepticism.
The list is endless of things that happen that shouldn't have. Life is indeed strange but fun.
GS
Yes 2:1 for Mexico but ironic that they will not progress to the last 16, why? Goal difference. But could easily have been because they had collected too many yellow cards! They definitely like collectibles!
Let's hope those electronic cards are selling like hot cakes. The next tournament starts in January.
Nice bounce today and yesterday.
Full marks to the Mexican massive fan presence. Let's hope they all believe in NFTs as we believe in Santa.
GS
https://www.eastimperial.com/blogs/pairings/tagged/tequila
We can't fault the marketing on the Web site. Tequila is number one drink in the US at present.
The old sayings about repeating something often enough - eventually your mind accepts pairings.
I love the Xmas gift offering.
Sometimes you look at websites from new up and coming companies and you just know they are cheap companies pretending. East Imperial seems to be different, no?
It will be when the launch in the UK. Can't wait!
GS
RD14, I noted that you posted at 17.00 after the market closed.
I've tried to buy on HL after 16.30 and it usually says market is closed. You can leave instructions to buy on opening in the morning. Not sure if others have better platforms or ability to trade after hours.
Glad to see new believers joing the party.
Still not sure how this will go but latest news is encouraging. Also, I believe any cap raise would quickly be recouped as an sp rise above and beyond current market cap. Patterns repeat when approaching a game changing drill/spud. Look at few months before Tai 1 after last cap raise. Seems a no brainer to me.
Good luck
GS
13.11
Thanks for the link JC.
Looking very positive folks for something to happen sooner rather than later (meaning from now to 12 months). Not beyond. Like most of you I grabbed a few more at 0.12p. Happy with the risk and not selling. Thanks to all posters helping to unravel the story.
Good luck to us all.
Oh and dare I say, May the best team win tonight.
GS
Who needs rampers when we have ME. ;-)
GS
10.19
They may drill a bit deeper. Last update here..
https://www.listcorp.com/asx/ivz/invictus-energy-limited/news/total-depth-reached-with-additional-zones-of-elevated-gas-2797640.html
GS
In Zimbabwe, Invictus Energy signed the 1,200 HP, Exalo Drilling SA owned, IRI 1200 Rig 202 to drill the Muzarabani-1 exploration well, targeting 8.2 tcf of gas and 247 mmbbl of condensate. The contract also covers the possibility of an additional exploration well. The rig, which is currently engaged in operations in Tanzania, is expected to commence mobilisation in May 2022 with drilling scheduled to start in June 2022. Invictus also awarded Baker Hughes an integrated well services contract covering cementing, mudlogging, drilling fluids, tubular running, directional drilling and logging, installation of well head equipment and project management.
https://www.westwoodenergy.com/solutions/global-land-rigs/global-land-rigs-newsletter-1q-2022
Could it be this one?
GS
It should be useful for investors to be able to understand what marketing guys think, so I thought this may be an enlighting read.
https://www.retailcustomerexperience.com/blogs/how-to-gamify-nfts-for-more-profits-customer-engagement-in-retail/
GS