The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
probably because we haven't got a bean of gold out of the ground to sell yet!
morning Yanis,
time-lines are subjective to everyones individual targets. Personally, if circumstances allow, i want to hold my shares for another 12 months. Small gains my be realised in the next couple of Qs, but until production scale levels of gold come out the ground, we wont be up at the 0.5p mark for at least 9 months.
however, works have been progressing in greenland, so any info to increase the resource volumes we hold there could see the SP rise sooner than gold is updated.
Summary - in the next 12 months, gold isnt going to be the main reason this SP rises.
I think that's ambiguous enough to cover all points!
there does appear to be appetite for a rise (up around 8% this morning before falling back). Only way it will rise and level off is with news of de-watering giving access to deeper levels not previously totally exploited or news on revenue generation (spoil heap turn over, lead-time for extraction from upper levels etc.).
constant drilling updates, although needed to identified the lodes/targets, arent doing anything to increase the SP.
This is a long term hold, and anyone who thinks its going to turn around in 4-6months, based on gold alone, is (probably) going to be disappointed.
Can’t tell if this is a massive, undisguised ramp or not.....
if you are, i'll have one.
if works are going to be halted by a rainy season, why would anyone want to concentrate all assets into this single area - unless you want to take an enforced 3/4-month break every year. reposition MKN, get rid of Argentina, have the option of working all year long!
silly markets.
couple of key points (in my eyes):
- more cash in the bank than last year
- talk of JV/divestment of an Argentina asset should bring in more cash relatively quickly.
True, but it has to be spent on something!
holy cr ap, this is nearly civil. nice bit of collaboration with the same end point.
well done both for pulling on your big boy pants two days in a row.
Had to spend circa 30k (from memory) on Ireland before end of May, so expecting an update as to what the thats resulted in. (
There may be a small uptick on open, but I don’t think it will close level. These recent RNS releases are operational updates with re-hashed info already known to the open market.
Great to see some company progress that’s not wakes related though!
sorry, quite right - far too subtle for my old eyes to pick out!
still stands that there are lots of rolls on the shelf ready to go in bottom right of 80123 general display photo (easier for me to see these ones!)
thanks for the link TR - had a look and think the stock photo you mean is for 80123.
others of note are 80013 & 80466 which are pretty empty maybe indicating they are being sold out. Got no way to prove it, but I would suggest that 80123 is from a re-stock order, while the others are awaiting re-order stock.
take home message is that its being sold from a prominent store position
The TR-1 holder must have thought they have the worse luck this morning!
Nice little bounce up, but can’t see it breaking even today.
Anywhere nice? St tropez maybe......
^now back to 8%, same as all day yesterday (3.6.21)
Not helped by a large spread - 7.5% currently.
not massive volume today, but with an 8% spread all trades are listed here as sells. don't believe everything you read!
Teasing snippets of video, with cut-away editing just when you think you may have a chance of seeing something glint in the mud. GF must have loved getting the PR team to show just enough footage without presenting gold. Maybe he’ll slip up next time......