"Mr. Pätsi was the President of the EMEA region and Worldwide Markets for Celgene Corporation, a global pharmaceutical company and currently wholly owned subsidiary of Bristol Myers Squibb, engaged primarily in the discovery, development and commercialization of therapies for the treatment of cancer. He is an experienced biotech and pharmaceutical executive who was until recently the Executive Vice President for Seagen Inc., a US-based cancer-focused biotechnology company."
From January 2019:
"Bristol-Myers to buy Celgene in a $74 billion deal"
https://www.cnbc.com/2019/01/03/bristol-myers-to-buy-celgene-in-a-74-billion-deal.html
From March 2023 (A little over one week ago):
Pfizer Agrees to Buy Seagen for $43 Billion
https://www.wsj.com/articles/pfizer-agrees-to-buy-seagen-for-43-billion-180a9117
I think it's very encouraging to see Mr. Patsi joining Faron's Board at this time. : )
jmo
From the latest ops update:
"Alkaid #2 also penetrated the shallower shelf margin deltaic ("SMD") reservoir, which management estimate to contain over 400 million barrels of oil ("mmbo") recoverable resource."
Sounds like a good option to go test in the near-term, ...while the farm-out process kicks into gear.
jmo
"Can someone advise if the flare is still burning?"
Well, I haven't seen it personally, ...but here's a link to the Feb 27th Sentinel (False Color Urban Filter) Satellite image :
https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=69.9857&lng=-148.70643&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-02-27T00%3A00%3A00.000Z&toTime=2023-02-27T23%3A59%3A59.999Z&layerId=4-FALSE-COLOR-URBAN&demSource3D=%22MAPZEN%22
Draw your own conclusions ; )
jmo
Very disappointing, ...especially after having the 'Tilapia carrot' dangled in front of investors faces for years.
Tilapia was the main reason I was here in the first place. Quite frankly, I don't care much for their other projects.
And so what about the money owed from SNPC. It doesn't compare to the money that could've been made from successful Tilapia development.
I'm sorry I didn't see this RNS earlier, as I likely would've sold all or most of my shares. I'll probably do so early next week, as the investment thesis here has changed, imv.
GLA with your future investments.
just my opinion
WOW, ...when this thing moves, it REALLY moves! - (Now up around 5-fold from it's early January lows!)
Glad I held onto this one!
Hopefully there's much more to come, ...as numerous positive developments seem to be coming together for Vast, on multiple fronts.
Exciting times, indeed!
jmo
"Upon this matter being finalised the Company can refocus its attention back to other opportunities in Zimbabwe as previously announced. "
Hmmm, ...interesting.
The way the RNS reads to me, ...it sounds like they are suggesting that having this issue resolved one way or another will help to 'clear the decks' for advancing their other Zimbabwe interests (i.e. diamond JV's).
jmo
I decided to add some GBP to my portfolio.
Speculative for sure, but the market cap seemed way too low given the potential, ...especially since they already have 3-D seismic coverage over some of their main prospects.
GLA.
jmo
"An additional 5 stages were executed in other intervals of lower mud gas over the remaining 334 metres (1,096 feet) to assess those intervals’ deliverability"
I wonder if they're doing a limited test of the Intra A/B zone?
jmo
I recall Jay mentioning that development of their acreage would likely happen 'from the inside-out'. Which makes sense from a logistical perspective.
It looks like that vision may be starting to take shape now.
jmo
Today is the last day for 'tax loss selling' here in the U.S.
So maybe starting next week there will be some share price recovery, without having that extra added pressure on the sell side, ...and also as people look forward to improvement at Alkaid-2 following the scheduled remedial work.
I added more today on what was, imv, a classic knee jerk over-reaction.
There's still a lot to play for here.
jmo