The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If the trade is below the mid price it gets reported as a sell above mid price it gets reported as a buy its as simple as that.
I suppose you think the later trade of 750,000 above the mid price was a sell and the mm's were playing games with the reporting of that trade as well.
VistaMan was right.
Don't think the 'shorting crew' need worry about posts on this bb.
Just because Vistaman called you a fool in one of the deleted posts didn't mean you had to go and report his post and get it deleted, he was just being honest.
Not shorting but if I was I wouldn't it be telling you to buy, would I.
Go on buy them, put you money where your mouth is.
But like I said, I don't blame you if you don't.
You beginning to sound like FormerFD and TheDogFarther.
Loads, for the record, not embittered at all.
Also I've come to the conclusion that you don't really grasp simple arithmetic.
You keep saying over and over that H1 revenue was 6.4m, well e.g.add that to start of year cash of 1.4m that gives 7.8m.
But uog only had just 0.55m cash on June 30th.
So they must have spent about 7.25m in 6 months but the revenue was only 6.4m, as you've repeated over and over, so is that not a loss of .85m, do you agree.
Yes or no.
By the way H1 revenue in 2022 was $10m, $3.6m more than H1 2023!
No jackanory.
Loads,
While I can see why you are happy that there has not been a placing for 4 years maybe it's time for one.
Last placing was when sp was 4p and placing done at 3p.
Egypt has failed miserably and uog are no better off, well the shareholders aren't but management have been provided with a very comfortable lifestyle!
You keep quoting the revenue from H1 but that just goes out the door as quick as it comes in.
Cash at June 30th 2023 £550,000 cash at June 30th 2022 £3.8m, Yep revenue going out the door faster than it comes in.
OK loads see where you got your info, just thought you had a definitive time for next drill.
Just note that Larkin says that he expects drilling to commence in Sept just can't see how he's going to pay for it.
Chinch,
Jesmond released a news article on 30th May (tsx under ticker jes.p) which included this statement
'Quattro has also made an application as "Operator" on a 100% basis for certain blocks that have been made available within the UK 33rd License Round, considered by Quattro as strategic in nature. Should any potential block awards be made to Quattro by the UK regulatory body, it would be expected that they would be awarded in Q3 2023.'
Hope that answers your query.
Atb
Loads,
You need to take a good hard look at uog's finances.
They had $550,000 on June 30th, last year they had $3.8m.
Production continues to fall, no money this year from divestments.
If Maria goes ahead it will be after sept before they get the initial payments , now reduced by £1m to £1.4m less the £100k they have just received so will only get £1.35m instead of £2.4m, better for Quattro Imo.
Believe Larkin if you want but the imo the lack of funds is the real reason they haven't committed to a new drill yet and I certainly wouldn't rule out a placing or as he has already alluded to they might refinance the bp deal but that wouldn't be good.
Questions for you, what makes you say that next drill will be in sept, next month?
Think it was obvious this was going to be extended to Sept as Jesmond and Quattro had already agreed to extend their deal to Sept.
The UK 33rd License Round results should be made public in sept and Quattro are in for some blocks, if they are awarded any blocks it might make them think again about Maria.
Todays news which included revised payments doesn't bode well for United as if the deal does go ahead they will get £1m less in the initial payments which they really could do with, need money to drill next well and need to get it somewhere as it won't from egypt.
Contingent bonus payments will go up by £1m but they are years away if at all.
Certainly looks like quattro are in charge.
Big delayed sell reported after hours, I can understand why.
Was expecting a bit of a rise.
Looks like warrant holders don't really care about results and are going to sell and drag price down as they can, up to 24th Oct, replenish their holding for 9p and they have quite a few to sell.
Just have to grin and bear it or take chance and try to trade.
Not great but who wouldn't do the same.
Maybe thinking of the bb on adv..
Post nos 4429, 4437 on axl, fact or fiction who knows.
But it looks like only one rns and it's due any day if poster is genuine.
Cn2 spud 15th June, 6 weeks tomorrow.
But they stated this in the last cn1 rns
'The CN-2 well was spud on June 15, 2023. The drilling, testing and completion of the well is expected to take three weeks'
I would have preferred regular updates as they did with cn1.
Expect an rns this week or early next week.
Tell you what Dog, why don't you just ask Brian and post his reply on here just for complete transparency.
I think everyone on here would agree that would be the easiest solution.
Ask him if the next drill is fully funded without the need to do any refinancing or a raise and when does he expect it to happen.
Thanks in advance.
Don't think any of last nights post went against lse rules.
Maybe something was mentioned that someone didn't like but certainly wasn't your posts Loadsamoneeeey.
But whatever was said must have touched a nerve somewhere and someone has reported it and hence the whole thread gets binned.