The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
'Produced oil from Wressle will be transported by road tanker to the Phillips 66 Humber refinery and sold under the Operator's (Egdon Resources plc) existing sales contract.'
The pumpers and dumpers are going to get caught out this time around. When the selling frenzy ends we will see a real market.
I'm the boss. I need more money to develop the company. I get my trusted broker to announce an offer to my current share holders the opportunity to buy some shares at a slightly discounted price. If I don't gain enough money I open it up to the general market !!
This does not have the same pattern. I also believe that the last pump and dump has slightly backfired and this rise has caught out a few who expected to get back in at a much lower price between now and the end of Jan. Many of the P&D crew would have been expecting a slump up to the next RNS (or BMD's tweet). That ship has sailed. It can't be long now until flow rates are confirmed at Wressle. The quick profit placing shares have been well and truly churned now and the chartists and analysts will see positive buy signals. GTBIITWI.
IMHO and DYOR.
IMO it's just reaction to poor covid figures. Monday morning is normally doom and gloom.
Bought in at 65p a few days ago. Hoping for really good things from cine.
GLA.
Many many years ago I joined a site, I can't even remember what site, but they rejected every name that I suggested. I opted for the 'choose for me' button and joetricky was the suggestion.
Bought in here yesterday and as always that triggers a drop in the price !! Onwards and upwards from here though.
Gary I was about to say this is just the beginning but it's not. This company has been doing great for years and the deal with the railway company is another progression for TGR. What I really like about the railway deal is that it illustrates just how diverse the commodity is. Watch this space.
Theo this is a a cracker. I bought in last week. A commodity that is in demand and not under the control of the major producer China. The only company on the LSE that is a graphite pure play meaning it won't get dragged under with the volatility in other minerals on the company books. I was looking for a greener play as I'm mostly into oil and gas sector. Et viola !