The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Appreciate your comments.
On my 2 points. Keith kindly messaged me and said if sandjer fails which hopefully it won't then use of solvents and side drill are possible and appropriate. I fully respect Keith's comments and it's obvious he has knowledge so am happy there.
On paul my own thoughts are lonny will step up and have connection s so that is my opinion how that would work. If Paul by chance reads this please don't for one minute think I'm shuffling u off the mortal coil I hope u make 100! I just raised the issue on this board as part of any sensible assessment of your company!
I have been involved with the financial affairs of businesses my whole working career . I can tell anyone here the only thing that matters in a business is cash: the state of the profit and loss and balance sheer.
Irrelevant of product the company requires a delivery system which is staff. I wish no one I'll health. However it is incredibly naive of any investor not to ask these questions.
To anyone that calls me a troll I would say to them you are a imbecile with no business acumen. In fact you insult me. To not ask fundamental questions regarding plan b in event of sandjet failures or how a business will continue is fundamental.
I own 350k shares. I ain't boasting but for me I have committed significant funds. This investment is not rolls royce with huge analysis every week hence my desire to understand these fundamental questions.
I am bought in to the prd story and read the board regularly. I want nothing more than the business to be successful so please do not call me a troll for asking questions any half intelligent person would
Thank you again for your comments. It is neither a ramp or a company put down to understand how a company will function if one man has health issues.
As previously mentioned I own shares and will continue to hold.
My take from your comments is no one knows exactly what would happen.
Anyway thank you all for your input
Thank you everyone for your comments regarding potential plan b if sandjet didn't work. Especially thanks Keith for detail of reply.
My only other point was not necessarily a pleasant question. What happens if Paul is unable to continue due to age or ill health. I'm not sure if procedures are in place to ensure continuity. If anyone has any comments on this it would be appreciated.
My take for what it's worth. Patience is required. If a raise is required so be it. It seems to me unlikely no gas will flow as there are many horizons. Keith to me suggests it is reasonable to be optimistic.
As earlier mentioned I do question company continuity in the event of Paul being unwell etc and I hope someone may know something on this.
To everyone look the positive people on here may be wrong and the more sceptical correct. Everyone must make their own decision and not decry others who come to a different decision.
My decision is hold these shares!!!
I hold shares and hope the company succeeds. I am a accountant so not in the industry. I wondered if someone knew any process available if sandjet doesn't work. I hope it does but is there a plan b? I heard re possibility of side tracking but is this a option albeit more money!! Thanks for replying. Howard