The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
JA needs to pull finance together. Its overdue and there are no excuses. Re rating can only happen when the 3rd bo of finance is ticked.
Finance has to be in place now to sort the drilling in the next few months. Otherwise, kiss goodbye to drilling this year.
SP will catch up once JA confirms $$$ sorted . That news is now overdue. Considering the talks have been going on for so long and the boxes have been ticked, we should be very close to RNS.
08.02.24 rns
"We remain confident in finalising asset-level financing for the well, for which this extension was a critical condition precedent. However, we cannot comment further on the commercial discussions in progress until firm agreements are reached.
"In the meantime, we are also continuing our work on the evaluation and prioritisation of leads and prospects on our Namibian licence in light of the basin modelling work we recently completed, and we have been discussing the next steps on our South African Algoa-Gamtoos license with our joint venture partner and operator, NewAge. We hope that this will be the first of many positive announcements in 2024."
The JV/finance deal must be very close. Could be any time. GLALTH
Its good to see that JA has killed this facility. Indeed its a pill that had to be swallowed and great to see the end of EECP. a relief it was not as bad as expected.
What we all need is the confirmation of finance ASAP. SA & Namibia are distant dreams by company's own admission. Cameroon has 2 out of 3 boxes ticked. The last box is down to the company and potential partner and since talks have been ongoing for sometime, that asset finance should kick in urgently. GLA
EECP confetti was expected. It was at a higher price , just marginally, this time. If we get the 3rd box of finance ticked, he future confetti will become dearer . we should be trading at 0.04p plus once the finance news comes through and that should be imminent. Asset finance , according to JA, has been close to fruition, and IMHO, the talks will succeed or fail shortly. Place your bets ladies and gentlemen and GLALTH.
AT least some 500 million trades have been shown as buys when they were sells.
We are even steven due to expected confetti shortly. However 2/3 boxes ticked and the 3rd looking very likely and soon. I will begin averaging down soon , AGAIN!!!
Now that the licence has been extended , money should follow via JV for the Thali drill. Rig Availability confirmed is good news. SP performance so far disappointing . Hopefully the penny will drop as risk with the drill not happening is now much lower. Its all down to money!
Would confetti do? Its JA's special dish of choice!!! Brown envelopes are dated
No sign of licence renewal, finance, JV etc. confetti for EECP !!!
You can buy as many as you want
Kever- Money could have been raised at much better prices. The deal with EECP was horrific.
Hopefully you are luckier for all of us and we see a sparkling share price.
Ria- Its the averaging down constantly the cause of misery. At 0.15-16 Thought this was a bargain only to be hit with JA insatiable appetite for confetti at ever decreasing prices. Destruction of shareholder value is his and his doing only. And even now we have no tangible news. No sign of licence or money.
Its going no where. No delivery and no honey. Confetti yes and unlimited.
The rise is too small to justify RNS. I think the minimum rise needed is 33% plus
Its a standard pump and dump operation for the next tranche of confetti to be issued to EECP very shortly. JA tactics never change.
Kever- In summary CEOs of various companies keep you personally informed and you post that material . LMAO.