The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Assume there is something behind the restocking statement……wouldn’t it make better business sense to slow down the roll out to ensure new customers can get their resupply, rather than a taster and move onto a new rival product, which is kept on the shelf?
even if the deeper bits are still flooded, GF is looking to get costs for the new cut into the upper lodes to get access to this dry area. Plenty to be getting on with before the water bailing needs to be carried out.
AGM on 25/10, so may be expecting some decent news flow leading up to it next week.
imagine, one little red RNS dot, click on it, no text just a picture of a handful of gold nuggets in front of the Welsh flag.
The money they do have set aside for surveys they are using economically as well - mixing drilling techniques to reduce costs etc., which is a variation from the original planned scope to complete all core holes with the more expensive approach.
- dewatering permit (and actioning)
- updates on contractor selection for making the new mining cuts
- Mark A has promised updates on the wider area, mentioning stream sediment sampling, which wasn't included in the last RNS.
not been able to see it yet - any mention of presenting visible gold any time soon? That should really help the SP recover.
@Andysel main lode extension is around 63m below ground level (RNS 19th Jul 2021 07:00), so at $600/m, doubled for conservative estimate, and reduced a bit for exchange rate puts a costs for circa £60k to open up this new area.
as per the drilling works, payment maybe agreed as a share deal, so possibly dilution to the tune of 30mill more shares (at todays rough price).
This seems to be a decent update, letting investors know what’s going on ‘behind the scenes’ while the mine may appear mothballed. Good to know that they are trying to get activities in place before the dewatering permit is issued. Also shows some confidence in the value of opening the mine in the longer term.
Only Q would be, are they willing to proceed with the shallower shaft if dewatering takes another 6months to come through? (Time scale for example only & not based on anything!)
i do like a good firm bottom.
smut fully intended.
unfortunately not. GROC is essentially a new company, that you would need to buy into separately. The confusion here is that ALBA hold a majority share in the new company, but they will keep hold of those shares and not be dishing them out!
need to make sure the discharge is right, and water volumes can be accepted by receptors.
https://www.walesonline.co.uk/news/wales-news/gleision-colliery-mining-disaster-families-21568402
have to admit that it does seem to have take a while, and main focus is on environmental rather than modelling at the moment.
could it be that they are looking for the full drilling results to add factual data to the prospectus, which would give more meaning/value to the spinout?
what ever their thoughts, putting some of them into an position update RNS for us would be nice!
Hopefully not a race to the bottom to secure contracts.
Couple more trading sessions like this, and I’m in danger of seeing a profit.
seems a bit short sighted to shoot everything down without reviewing content first. I believe the thread you have most recently taken umbrage with relates to European distribution deals and expectations for upcoming announcements along with THC legislation being discussed in countries of interest for Zoetic.
just sometimes its best to get your head from the clouds and look at a fuller picture. You may even be surprised.
one to to with fish migration, i guess relating to the discharge waters upsetting spawning grounds/access there of.
other one is asking for more details of the management plan for the siltbuster - proof of waste transport, evidence that discharge parameters can be met etc. Considering the report issued by Siltbuster themselves on the pilot trial, a lot of these points should be easy to cover off.
only other point is timings - these are dated june and early July, with 9th July the response date for the management plan details. hopefully Matt Dey had all this info to hand and was able to respond promptly!
nice buy, but if a PI, why do it all in one go at a higher premium? if that were me , (yeah, with my spare £20k!) i would have put through a series of smaller trades.
jackslad - you can buy mine for 10.4p if you like. Nice saving for you there.