The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am not too bothered with the Y/E figures as it will be the more recent trading and deals that will set us moving.
Steeltitan lost his dinner money about 11 years ago and cannot get over it. Unless you can take a loss you should not be anywhere near the stock market. As far as we are concerned the oil is in the ground and the price of oil is increasing. The new Chairman knows his way around the oil market and will want to progress NTOG - he would not have taken the roll unless there was a determination to grow the company. I continue to add at this current MC.
We have a MC of almost £10m but no income and the potential of having to raise more cash to pay for our G&A. We have assets but more investment will be needed. Where is the cash coming from?
More dilution probably. Down to 0.70p I guess.
There is so much scope here. BL and his team really are top drawer and this year we will have full production from what we held at the end of 2020 plus additional production, so Iam not sure what is holding the sp back on a mc of about £28m. I seem to recall a recent Broker note with a target of 24p. The last video I saw with BL, even he could not understand the low valuation and he is not one to pump.
24p
A bit of interest which could increase once the APP float gets away. I feel this will be CBs gem going forward and the current value is too low. Would expect to see 1p plus shortly and staying there as the resource market grows.
I think CH is a good news man and I am sure he will take every opportunity to update on anything positive. Massive production potential that will be earnings enhancing over the coming months.
Has to be tomorrow!
Current MC in my view under values the current position and good half year figures from both increased production and oil prices will see a value nearer the 10p mark. The second half should see further growth in production thus improving earnings. Bolt on the potential of other assets like Jamaica and BL will be announcing some excellent results this time next year.
Sleepy share normally - what's going on?
All very positive and I think the coming weeks will be exciting. During the recent past I have been adding Techtonic Gold, listed on Aquis that for whatever reason appear to be ignored notwithstanding its' potential. If not invested take a look. Having said that WSBN is perhaps holding pole position in the region and I am sure the BOD are already talking to their neighbours.
The problem here I feel could be the debt which at the end of the day will be converted into equity hence a fair bit of dilution. We will survive but at a cost.
So it seems as if John Lewis has shed some stock - interesting.
Interesting that we have someone picking up 6pc - why, and I still wonder what will happen to JLs holding.
Good morning C1 - yes I feel this could be the beginning of a very profitable journey. The BOD seem the be seasoned in the Gemstone sector and will be looking to grow ASMO rapidly. Have a good week.