The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The way I look at this, at some point it will pop on substantial good news, which is likely some kind of partner or JV on some of their projects, until then we will likely loiter around this price level perhaps a little bit lower. So I see now as an opportunity to keep topping up. I don’t want to be in the position of suddenly getting FOMO when it pops then trying to chase the rises, as invariably it will peak and then drop back. This is how I was caught before with this stock when all the hype and the pump and dump crew came in. The company is much more further along than then and at some point the real interest will come, it will then turn into a fairly exciting stock. I think we have a good chance of getting to an MCAP of £43M or a SP of 1.5p by this time next year.
My strategy is to buy now while low, hold and probably unload a few if this gets North of 1/2 penny, just to recoup some of my outlay then hold the rest and see how we go. Let’s ‘ave it ORR!
The biggest indicator on this was from an RNS in April when a director bought just shy of £200k aswell as being in a share salary sacrifice scheme. It is still a risky stock since it is a mining prospecting company but good to see BOD confidence like that!
Auto Correct dramas with that last post…
It’s like being in the Aldi centre aisle. I’m hoping for another 5M at these prices!! Let’s ‘ave it Orr!
This is now my biggest speculative punt! Trying not to get carried away though :o)
“Come on Eileen”
Thanks for confirming Kelly's obviously I would love to see 3p but we would have to be unlocking a heck of a lot of value to get there. Big Central licensing package to find stuff on and a decent licence in Senegal, so it all could be doable with the right partner to unlock it all!
Did anyone go to the AGM? I wouldn't have minded going but wasn't in the UK until Friday, lovely weather by the way!!. Will plan for it next year hopefully we will have something decent to drink too!
It has been really hard to fill orders at somewhere in the mid price between bid & ask all last week. I've had 2 partial orders filled out of many tries. Slowly getting there and still chipping away!! Let's 'ave it ORR!
With the number of shares in circulation aka 31 May RNS - 2,850,839,005
I make it future MCAP:
@1p £ 28,508,390
@1.5p £42,762,585
@2p £57,016,780
Does this sound right?
Every time I think of this share, it reminds me of this song, i replace the choice words with "ORR"
https://www.youtube.com/watch?v=BTypwJ3o5a0
Sums me up, two top ups this week, hopefully one more to go this week. Let's 'ave it ORR!
Good to see, I believe everything is falling into place, I like the price the salary sacrifice works at hopefully, sees us with a base of .20 and then hopefully a nice premium and reward for the company employees involved in the scheme from 3 - 6 months onward based on some good exploration results and project level financing / JVs .
Anyone planning to go to the AGM next week? Unfortunately I am in Wilmington NC and only arrive in London on the 9th . I have a couple of mates who work in the GT London office where it is being held so may see if they will go. Assume it is recorded too?
Definitely builds on everything so far but we are at the mercy of the big guys. The one thing I would say is the more results and value that keeps coming in will help over the long term, anyone that builds a business will tell you that you want to gt some value into the business before you sell part or all of it. Markets all getting hammered today inflation and Yanky debt ceiling shenanigans.
Let's 'ave it ORR!
Welcome MM quiet day today, had a few orders just below the .20 but didn't get actioned. Rainy season in Cameroon now, I imagine they slow down a bit on the out field work there. Tempted to buy a whole chunk more but have to remind myself this is still a fairly risky bet.