The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am curious what this Bahrain connection could be,if Baron could land a wealthy backer on non-dilutive terms that would be a scoop of epic proportion here and instead a share of future production revenues being dangled :-)
Five, thanks for sharing the post,might be something might be nothing ,however if the Ceo has connections there that would make it a more reasonable assumption.There is obviously lots of cash around in that part of the world and the proposition at Baron Oil would likely attract someone in that postion.So potential for a new bullish development is there.
Baron Oil are now entering the most exciting period of its history,and now have a new CEO that is capable of turning their Blue Chip assets into reality,this was only only a pipe dream before under previous management.
All the ducks are starting to line up with some potential newsflow that will blow the socks off the current SP and market cap,this is now the perfect time to load some,top-up,or enter here for first time.We should start to rock and roll real soon .
Just been casting another eye in the Baron Oil order book,yet more signs of the cheaper supply of shares running low and real bid prices holding firm and advancing a tad.In charting terms this is incredibly close to either an "evening star" or "morning star" which is the holy grail for bullish buyers on smallcaps.
A very exciting period is looming here IMO
First time since the placing that the order book has eased and could now be poised to open up steadily, from the recent board changes to the latest technical data released i think it is now clear that Baron Oil is now under stewardship intent on bringing these blue chip assets to fruition.
The company is finally starting to get noticed by a wider audience and momentum is starting to build.
Have been diving deep into the nuts and bolts of the current situation over at RQIH ( R&Q Insurance ) and i think this could be a superb opportunity for LGEN to snap it up. It is likely that the core remaining assets will be worth north of 42p per share to RQIH holders after the pending Re-Jig and JV, so obviously a massive opportunity for LGEN to pounce on what could be some valuable assets on the very cheap . RQIH is currently valued at just 3p a share - so personally as a long time LGEN holder i think it would be a smart Aquisition for us .
Keep an eye on this situation as it could make for a sweet deal all round.
Toffers, i would say that if anyone here is holding stock at 25p or under when the RNS lands they will be happy,so for those who can now buy at 3p it will be like Mardi Gras in the share heavens :-)
Chart is suggesting a decent breakout is pending now.
Stargate, there are actually two other crucial indicators that are very bullish here at moment,yes RSi is a yard stick but only if aligned with other key metrics and indicators. IOF is in a great position for buyers at moment with IO#10 coming online in a few wees time and very high spot prices. Is poised for a nice move up.
Before end of 2024 i would be suprised if this is under 32p
Five, i would expect much new business in that area for sure,and with the higher steady spot prices and increases to come shortly from IO#10 and then IO#11 the figures will start to look very good indeed.Potential for maiden dividend here also in my view.Iofina will soon be entering their strongest ever period and it should be sustained from here,all the ducks lining up so to speak.That is why i am a buyer .
See my post at 08.26am here, we know there is an event pending.
Yes things could be looking up here ,a realisation of the big pending event should focus the mind a little :-) and wider market stability is returning too.
I have RQIH and Iofina ( IOF ) marked as two big movers this week
Chill, good point about the 10% increase in spot prices,i did allude to that in my comments but not specific,i will leave the more detailed in depth stuff to my subscribers when i do a write up during the week.But i do see some real good numbers here going forward with IO#10 included and leading up to IO#11 on these spot prices.The CEO also stated (which caught my attention) that they are forging new relationships in Europe which given the current Geo Political situation could be very valuable indeed to the profit ratio going forward.So actually i see the timings now being fantastic for Iofina on all those fronts,and luckily trading at a low ahead of a major growth phase :-)
Actually i have just scanned through the latest guidance and statements and seen the CEO comments in the video, i had previously overlooked this company before but i think now with IO#10 coming onstream in a few weeks time and the re-negotiation with suppliers etc ,this is a very decent opportunity at last. Is not going to multi-bag but it looks a solid company to have in the portfolio for sustained growth from here.
I actually like the fact they did not go down the path of over-leverage and huge debt piles to grow quicker and the associated share dilution involved. The way they have grown at a realistic rate without the need to borrow huge sums should be applauded,and i think that policy is now going to bare fruit .Looking at the projections for the second half this year with IO#10 included i think the share is looking far too cheap at present.It would not suprise me to see this make steady gains into the 32p - 38p area before the end of this year ( factor in the pending IO#11 ) . So is all about timing,and the timing of this next growth phase alongside steady spot prices should provide for some very good numbers from here.
Also a chance that they might become a Bid Target at some point,there a number of suitors that would see Iofina as a decent Aquisition in my opinion. I could well be tempted to build a sizable stake here.
My latest T/A on kefi suggests today is an important day,we need to close above a 0.55p bid to maintain our uptrend or we could be subject to a lower range test. The strong support previously shown at 0.50p should hold very easily this time around and is likely to attract high volume on the buy side around 0.50p - 0.516p. Those shorting this will be aware of the proximity of news so this next short attack maybe to coin a phrase "short lived " .
The close today is important.
Will not be this cheap for long guys
Wow this has to now be one of the biggest bargains around at this price,todays news actually puts them back on a firm footing and i predict could be back trading around 6p-8p before too long,i might have a write up on my blog later on why this is now a very good buy :-)
Not often an opportunity like this arises these days !
Something to keep in focus:
Since Kefi conducted the project economics at TK the price of Gold has increased hugely which will mean that the potential profit margins on offer are highly attractive in relative industry terms.More than enough to provide some real hefty dividends going forward.