The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Serious question. The benefit of long term contracts is to return the free cashflow to holders.
IF they get contract, big if, you can bet the costs will make it just enough attractive for all excess to be absorbed into suddenly inflated [read senior staff] overhead so next year, it will just be EBITDA positive but no net profit. As 3p says, the word transformational is a very over used PF word - for over a decade.
On top of this, there is 100% bound to be a problem. Twitter sold yet?
GL
No, need that joint!
Twitter : #WSG made a 20 bagger projection in today's RNS. [the riverfort shares I think - oh please...]
So why aren't the twitter boys buying?
Seriously, does anyone know the financials of this DFC deal - not the number of years but in and out $$$$?
As the board considers his replacement it is pleased to announce the appointment of Noureddine Sabraoui, the Company's General Manager, as Chief Operating Officer with immediate effect. Noureddine has had an extensive career in the Moroccan mining industry. As a geologist in the region, he has held a number of senior roles for Moroccan and foreign owned companies including as general manager for operating mines in the industrial minerals sector. Noureddine has also run his own geological and mining services business and he co-founded the Moroccan Association of Mining Companies.
Mcaps non-existent and results are ok, #cmrs has to be the cheapest stock I have seen for a copper explorer [from Monty on twitter]
As you say, metal trading partnership could ignite the litmus paper.
Yes, he wants to take it private - and everyone selling is exactly what he needs / wants. [for new low CL] Bit of a dilemma for PIs.
Well done for taking such proactive action; you just may have thwarted his plan but still uninvestable atm
Agree. Overall placing going well, v few available at 1.25 on opening - about 100k before the ask went up, nice amount of 10% rewards and the rest appear to be held for the next update. Probably remaining treasury sold as well so atm looks well managed in this pretty dire overall market.
I’ve got quite a few but will add should 1.25 become available again- you never know in the current climate - let’s see if a nice trading JV etc comes
We don't have detials but just summising, an on going relationship will involve fairly big amounts - being a global player they ain't going to buying 1 ton - and your going to be looking at some modest %, its perfectly possible the co make the mcap in a few deals. Most important, no cash required. Its perfect for an explorer.