The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Have i got this right - or am i missing something ? Need some further education from the chat group.
Delt have sold 25% of their stake for $20million to cover drill costs ........ i get that even with 70% geological success there is always possibility that it will be dry no not commercially viable but given the potential upside. Is 25% for $20million a massively cheap undersell given the valuation of the delt Pensocola holding at $200million..... Selene if the numbers are right will be bigger .
Doesnt seem that good a deal to me - or as i said have i got that wrong....
Will take anything above break even of 0.72p
Positive upside of 1.04 / 0.06p - 4 fold swing on current price of 0.26p.
Thanks DP.
Interestingly , platform wont let me sell atm.
Dear Board,
Apologies for my lack of understanding - but why is my deltic ISA now showing a massive uplift ? i know this is too good to be true following the consolidation. But the account is still showing the original number of shares against the new 30p price. ?
am i correct that some point the shares will be adjusted accordingly.
Question 2 - come someone explain what the price is now ~ 30p
i somewhat have to agree with Mr Dogg-- GS presentation skills for a COE leave alot to be desired - almost looks like this was off the cuff with little preparation. The technical guy was ok, but the finance lady again poor in presentation. Any other polished CEO would have been really selling the huge positive upside of Deltic. Unfortunately GS missed the opportunity
Deltic webinar has started - anyone got any questions they would like posted ?
So then Mr Doggy style - are you going to the meet and greet and make your views heard or just hide behind BB making the same snide comments.
Opportunity for you to stand up and walk the talk....... are you brave enough ?
Will be interesting to see how market and SP react as a comparison . Currently zero change on SP following RNS . Also interesting to see how 88E communicates findings in relation to how Deltic communicate and reactions on those comms.
What they taped into was the fact that some people will do anything not to pay a fair fee to an estate agent.
A fair fee to estate agents - seriously the estate agents who do very little - take a few pics and post on Right move and charge thousands for the privilege.
That model needs a shake up.....
No - target depth has been reached. This is a multi stage process - Spud , drill , test etc The drill is the intermediate stage.
Less than 30 days into drilling ( RNS notice 23rd Nov) . So many glasses half empty .
Still not even reached drill bottom out depth yet.
Eco and Exploration - thank you for the explanation- 60-90 days is not just drilling but all the other associated tasks - of core sample testing , and Hydrostatic testing.
500m drill depth to go..
For what its worth even Deltic folks are flummoxed by the share drop.
Interesting - i am new to this so , How do you put 32k into a 20k max share ISA ?