The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The BoD of the other share probably pay him more.... Tim isn't unresponsive but he's never been very forthcoming with any info. Alistair is a better bet.
Teaye - pointless in my experienced view. He is nothing more than a puppet for the pay masters and has no authority to respond on anything that isn't in the pubic domain. I suspect he has more standard email responses to cut and paste from than the politicians.
Next to no info about what's happening on the ground (2 updates in over 4 months?). It is an utter shambles, even by our BoDs track record on releasing news.
Agree AB - as a going concern we really have been through the mill over the last few years, but the 2021 results were very different and positive. Debt reducing, making better margins etc etc. Definitely a recovery stock for me. GLA
Didn't we consolidate 1000 to 1 last time? That would mean £500k would be.....way more than our MCap!
We're starting to look a bit oversold and I wonder whether there is a tick up coming.
Would be nice - we were over 25p in mid January.....
We'll see if technicals marry up with what we actually know of our company!
They don't......and neither do we...
Well, Tim's response is interesting.
If we are not agreeing sales and therefore our payment from Nextgen on at least a monthly basis, when do we actually invoice and get paid our royalties? His email is bonkers - you don't run any company like that, even in Africa.
"The Contractor will be responsible for taking over operations with immediate effect to improve efficiency, however Project ownership will remain with EITL" - we retain accountability, so therefore the BoD should be updating us regularly with our revenue stream from Nextgen. End of.
Another excuse in the making, no doubt.
You know as well as I do - nothing said on this board will have any direct influence on the share price. None.
We, thankfully, live in a democracy which also comes with freedom of speech. You just have to accept that and not get too hung up on others' views. There is a reason I have no interest in the predominance of junk posted on things like Twitter, Instagram etc.
Fundamentally there's no volume in Edenville. That talks far more than anyone posting their personal views.
Bullish - don't wholly disagree with your sentiment, but everyone deals with such things in different ways and it's an open public forum. Everyone is entitled to their own opinion.
Bullish - Sausage is not a shorter and no-one in their right mind would be shorting this stock.
I suspect he is fed up, like the rest of us, with where the price is and the lack of news.
Yes, dropping below 19p support is not at all good. There's been a small but noticeable drip through of sells over the last few days. Not huge amounts but they seem to be battering the bid down.
News is definitely needed - we've actually only had one RNS with any operational specific news in it since 1st Dec. That's just not good enough and the market is reacting to it. Our share price is down pretty much 25% since then.
Sausage - the old 1 trade.......!
Still not sure a placing is immediately on the cards but for all our sakes I'm hoping this is the start of a good news run. That would be a change. GLA
26p on the Ask......
Now then....that is good news and potentially transformational. Might be an interesting afternoon.....GLA
Sausage - interestingly I think we are starting to look oversold, which means there might be a nice trading opportunity coming, particularly if there is a positive RNS in the pipeline. GLA
The old '1' trade - RNS tomorrow then for those that believe in codes!
No change in the bid though - that's the important figure.
"December is a funny month" - I agree Teaye, but the biggest problem we have is that any of November to April can be funny months.
Diggerman makes a good point in his post around our operation being too small to cover our corporate costs. I can't remember how many times I've talked about economies of scale on here, profit, etc etc. They are fundamentals to our business and they don't stack up.
Coal clearly isn't our future - we've spent well over 4 years (and how many millions?) trying to make it work.
Let's get this new strategy sorted and the more news the BoD can give us around discussions and progress on that the more likely our share price is to move in the right direction. GLA
Esquimo - the CPP was a dream but I pretty much agree with Diggerman that it's a non starter. The lack of a business case, funding, our lack of coal output....there is simply too much working against us, even if TZ got agree it's a good idea.
RCPP was (not is) the cornerstone of our future. Its gone and we should all move on. The continued mention of "talks" is all noise, nothing more.
Our future clearly lies somewhere else - the strategic investments our BiD have talked about. We need updates on lots of things now. We're getting nothing. GLA
Esquimo - I like your logic around the impact of the next RNS..
Seriously though, why would we need a fundraise? Have you heard rumours?