The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Current share price is crazy and it does look like there is a lot of indirect deramping going on here by the same individuals, once, this spuds and we get helium shows do you reckon the share price will be any where near here? nope more like the 20s
Seen this so many times a share dwindles no interest and they hit the jackpot which you can say HE1 are very confident of doing
same thing happend with PRD went down all the way to 5 to 6 p and then all of a sudden rns pops with gas shows and it took a few days but it was up to the 20s
same will happen here and you can tell some are desperate to keep it low or lower for there own trading, if your selling at this price only your the fool,
if they spud mid September then I fully expect helium shows and this to be in the 20s by end of September when we do get those helium shows,
if you look at the recent presentation from only 12 days ago you can see from the pictures where they are exactly drilling and this will be the sweet spot and gas shows is a given in my opinion
Legalwolf, a Fund raise will happen for future drills no one can deny, But they are not desperate and fully funded for this drill, Lorna as stated will be opportunistic around when she raises, which ties in with the theory that once we have Helium shows the market will react to share price and a raise then will be easily be absorbed,
This makes perfect sense and company and Lorna are smart enough to do it then, So best now to put this to bed and once market realises this is the case after we get a RNS for spud date then we will see the share price start to rise here and so on with each trigger points like spud and helium shows,
I think I will now fully get in on Tuesday as any movement either way wont be big enough to risk this taking off if it does for upcoming RNS's
TC288, You are spot on regarding the timing they would most likely raise funds and solved this issue, Although I wasn't a fan of Lorna due to poor investor updates around the rig issue and the fact she kept the predator rig so quiet and made it look like she was just going after the sofori deal,
Lorna has clearly stated she will be opportunistic around a fund raise and that ties in with your theory, Lorna is betting on Helium shows which will cause the share price to react and raise at this point for further appraisal or exploration well
Triggers for the next rises will be 1 spud date RNS, 2 Spudding and then of course 3 helium shows that every one is betting on,
Doc83
Let's put it this way, all the negative and deramping done by you and others here has damaged the share price, it would have gone to 15p but that was lost
Now we have to wait for heron productions
No probs for me but big problems for you, people like you are scum and f everything up for the general majority good bye cnt
Doc83 looks like you bought in or toped up at the wrong time yet again, but you have t been so active here being negative, come on let's hear all the tripe you use to post
Happy sitting here untill heron has 15 wells up and running
Oh oh I know who you are, I called you out a while back for ramping and lieing aha so your trying to get one over me now lol, ok cool carry on like people can't read here
I'm not lieing about anything it's in the RNS what I state
If that's a lie lol then god help us all here
How did I lie you idiot it's in the RNS what is said, CEO is staying they are still on track to drill for Q3 but we are in Q3 now week in and over
It will take 2 months to ship in a drill rig
I think your drunk or on something
I think you have bad taste and got the hits for Lorna rogerjolly, anyways you carry on believing after 7months looking for a rig and no deal yet that they will meet the Q3 deadline lol! No wonder some here lose money gullible idiot
The problem is we have here some people don't want to research what's been happening for the past two years and read the current rns and think that's positive with out realising that this is the same RNS being posted every 3 months same issues for past few years
We really do need some positive indication, just saying we are reviewing or evaluating other leads are no good tell us you have other deals lined up not we are looking into to and a sly message so they can later say it didn't work out total lies
Great post skittish, realistic, totally agree, the company would have to be bonkers to even dare risk having a go during the wet season and try guess if it will or won't be wet early or late, serious money involved,
I'm just angry that he1/ Lorna stated that they are still on track for Q3 which is impossible and to me this is lieing and trying to fool grown adults,
If she was more honest and just stated we are now behind schedule but we've looked at weather and we can still drill in Q4 and have plenty of time to make it with our current negotiations with alternative rig companies then I would have just gone fine fair enough
It's the blatant misleading share holders that winds me right up
Cocobeans see you in Q4 let me know where the rig is then, you plum, you really think they have a back up plan lol look at the RNS it's total BS, it's taken them since February it's July now 5 no other on no rig you reckon they will pull out something in a month lol!!!!
You are in with too much by the sounds of it, do t like it filter people or stay off don't try and make this look like it's a ok situation 5 months! And no rig deal yet!
Why do you think noble left and went their on way,
Joker
They also know share holders ain't going to do anything as this is said nearly on all the stock BB's
Who actually will go to that length here, no one, prove me wrong again,
Every one talks a big game but none has time, easier to sell up and invest else where