The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
End of June is TOO LATE.
IF JA is still discussing, its not good news as due diligence takes time. DD process should have started by now . Either way, we are all hanging on with hope . Its time to succeed and get Cameroon drilling . GLA
Just for clarification, Cameroon is the least risky and cheapest option. Namibia requires a few 100 millions for 3d seismic and drilling . Just 3d seismic will cost more than Cameroon drill and subject to favourable results only then a farm out will be possible. Almost identical situation at SA.
Cameroon is the main option and time for discussions is over. The funding has to be in place now. Talk is cheap.
Splatted-JA needs to reminds himself how much confetti he has showered ,every few months. The funding RED DOT should be imminent or its more confetti to next year.
EGTP- Spot on. Not only the funding has to be in place, a payment on account (deposit of sorts) will be required to be paid well in advance of rig being at site. In the next few days we will know if JA has achieved or missed .
Extremely likely. there will be a red dot at the end of the month telling how many shares in issue.
Absolutely. meanwhile very large buys going through in the sum of £1 and £6. At this rate MM will be short of stock!!
Kos- quite possible. we should have some result in the next 10 days hopefully.
Wishful thinking!!! we will be lucky if we break 0.05. A small placing to cover a a small shortfall for a good deal in Cameroon will be well received. Confetti wont.
There are a few bulky sells TOO!!!
The sellers are the beneficiaries of the cheap confetti and making a profit at the expense of investors like us. JA needs to wrap up the JV at Cameroon PDQ. The current valuation is ridiculously cheap but its all down to confetti
TRP does not have 3 months to put a deal together. That would be reckless and the very least negligent. It is now or never.
Regardless what the company has said, the funding should be sorted this month for NOT missing the drilling window/rig etc.
https://www.youtube.com/watch?v=mx5NjzGlGxo
Confetti to EECP is finished as per last RNS.
The relevant question is where has all the money gone ( revenues from gas and placings).
Indeed risk/reward ratio is excellent. JA needs to deliver ASAP.
There is nothing in the pipeline until finance is sorted. And its imperative that its sorted NOW. Funds have to be in place now for contracting all the necessary labour/materials for drilling in July/August this year. JA does not have the luxury of time.
Yes- come on JA
Any deal around the company guidance with a variance of 5% is a good deal. Is there a deal? Its taking forever!!!
The third box for Cameroon is taking forever to tick. Come on JA. GET IT DONE