The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
MD248 - do you know what my favourite saying is?
"Empty vessels make the most noise" There are a plethora of empty vessels on this BB, thankfully most have been green boxed!
The reality is that the current SP is dire, driven IMHO by bad executive decisions. Nevertheless & IMHO, the company fundamentals outweigh my concerns. Ongoing increasing production & a new 1B barrel asset, are driving my current decision making. Perhaps I am wrong to think this way, but that is a mattter for me & my money. I believe that Atomic, CUDA & Fed Deep are still going to deliver a profit. I know that this could end badly, however that is a chance I am willing to take.
We will see what happens next - name change to jettison "Overseas" & a consolidation to take the company on to the US market. I am no more than hopeful, however I have years of investment experience.
"A large oil company approached COPL in September 2022" - that is right pkwendall
A JV of this magnitude takes months of planning, so eight months is credible. The important part is the fact that they approached us! In depth DD on both sides.
An enhanced oil recovery project using carbon dioxide - all of the clues point to EXXON!
I am sorry that the majority are underwater here, but ATEOTD you invested for profit. Maybe the time is right for you to salvage what is left of your money, & go chase some rainbows elsewhere.
GLTA genuine investors.
Gotta be worth a punt now at these prices! If we hav reached the bottom as IMHO it has, there is a substantial return to be had providing that you accept the very high degree of risk involved.
GLTA genuine investors!
Gazza4563:
https://www.google.com/search?q=a+fool+and+his+money&rlz=1C1CHBF_enGB1055GB1055&oq=a+fool&aqs=chrome.1.69i57j0i512j46i340i512l2j46i512j0i512j46i512j0i512l2j46i512.4063j0j7&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:fd4533d9,vid:l45e_0STlng
Sound familiar!
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dr223l-Anatomy%20of%20a%20Basher%20-%20Do%20and%20Don%27t.pdf
Just in case you haven't seen it!
http://apitest.ffox.site/wp-content/uploads/2023/05/BFSU-and-Cole-Creek-Operations-Photos-2023-Program.pdf
Hi Stretch - we have reached the "commercial terms" stage of negotiations - so after around eight months we have reached the horse trade. I have mentioned several times, that JV's of this magnitude take a long time to come to fruition. let's hope that AM is using the AGM as a launch pad for breaking news!
GLTA genuine investors.