The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think we’ll see this steadily start to climb this week onwards. I’m not a massive chartist but if you look at mng’s chart for the last year it’s just been heading in one direction. I think it’ll keep doing that snd hopefully a year from now we’ll be looking at an sp of around 300p
Blink, I think this will be good value if it drops to between redness 0.25 and 0.3 then I’ll be back in. I think long term there could be money to be made. Anyone here think they’re going to make a quick bunk should do what Iv done and sell up, stick your money somewhere else got a while and come back in a few months
Jamie - this is what he’s said it was for
“ The net proceeds of approximately £13 million from the Placing will be used for working capital required post completion of the acquisition of Atomic Oil and Gas LLC ("Atomic") as announced by the Company on December 16, 2020, fees and expenditures related to the Atomic acquisition, and for general corporate purposes.”
Panama - everyone got screwed with the placing for £14m and the rest. The company is now worth nearly double what it was worth before the suspension, it’s just that we all got screwed over during it with the placings and what not
Demon - remember there was also a load of dilution while this was suspended… so ye it’s probably priced in. They have an mc of around £65m now, that’s probably about right for what they’ve got.
I’m invested in HZM l, they’ve got £7billion worth of nickel in their mine with a mc of only £115m.