The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Don, every share one is buying, other is selling, above spot price its classified as a buy, under the spot price its classified as a sell.
Get it or should i write it in dislectic scotish?
25k pound trade just came in at 5p, big buyer is taking advantage of the low sp..
Or maby news about a cec consolidation deal have leaked..
the closest block to venus with two "venus & graff scale prospects" right on the boarder is pel90.
interest for this block is on the table as tlw with another brilliant decision exited just a few month ago and left two private companies with to much interest.
charlston already made an investment that provides it 10% interest through a "wte look alike" private company - inter oil.
be sure this is the immediate target that eco is working on, you dont want to be out if/when this transaction is completed!
Don, you're one of a kind.. (:
About what i wrote about wte exiting eco after a discovery, if eco hit gazania wte will probably wait for the short term wells but when got the chance i believe will cash out, thays a positive in my view.
Wte must remain being a company who delivers added value with holdings in private companies in the right places..
There is no such thing as buy/sell, any trade is a buy and sell, if its under the spot price its red if its above its blue.
The transaction has not been completed yet.
There is no demand because exposure through eco holds higher upside then through wte at that price and the delay in kaieteur doesnt attract investment in cataleya.
That should be the trend here for a while..
I believe cec is in a great position to create value via consolidation but it will not affect wte so much in the immediate term.
After 6 dissapointments wte will move only on discovey.
If eco will hit in gazania i think wte will exit and use the money to increase its stake in cec or look for investment in other private companies.
eco- multiple blocks spread in guyana, sa and namibia, multiple drill ready targets, multiple high impact wells to begin q3, world class partners, no debt, 22m$ cash balance and enterprise value of 170m$.
cgx- about to relinquish its blocks as it cant keep its commitments, 1 hit or die well q3 not funded, 135m$ debt and enterprise value of 535m$us.
the facts are known, jhi has 15m$ cash, that covers the cost of one more well.