The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The presentation was woeful. An absolute embarrassment.
Dressed like an off duty social worker with very dubious facial hair shows a total disrespect for his position, his audience ( such as it was ) and the process the company he is CEO of is currently involved in.
His communication skills are awful. He gives the clear impression of not being in command of his facts.
sj74,
I remember people saying exactly the same for the 3.16p placing, and that was before the concession was awarded.
Now, with the concession, the SP is again lower and the placing is 35% lower too.
So I am bound to seriously question your unfounded optimism.
Now do you believe what I've been saying about your CEO for the past 5 years?
LTHs have long since been an irrelevance.
Too many shares now to be of any interest to sincere private investors.
This is now the exclusive domain of the smash and grab types.
Another damp squib RNS with no reaction from UK SP and a small drop in Sweden
I do wish Budge could understand that continually quoting the 14 year mine life is a verybad idea.
It says nothing to see here.
And the mine life is shorter than the time it will take to get any mine to production, which is truly woeful.
Loan repayment next month and anticipation of huge dilution at a derisory price.
This is heading nowhere as an investment.
It matters not a jot why individuals choose to hold BEM shares, Suzy.
However, I'd hope that any pi holding shares here has written them off in their own mind.
To harbour any realistic prospect of a payday would be crazy.
The March 2021 SP of 22p is never going to be reached again.
Budge will cling on to his gravy train as his CV is now trashed, and with him as CEO, there is literally no direction, momentum or clear decision making to change the situation.
Moreover, Pocko, Budge is not adversely affected by the SP, the fund raising price, or the number of issued shares, is he?
All he requires is cash, in order to continue to pay himself.
I've lost count of the times he has included the phrase " exciting potential " in an RNS.
It will likely appear on his tombstone.
Suzy2,
I am not the slightest bit interested any more in this nonsense, but, from a purely voyeuristic point of view, I am incredulous of anyone still having any belief or confidence in this horrific mess.
Consequently, I may pop up from time to time to stir the pot.....
Suzy2,
2026 is already a slippage from Budge’s initial assertion that there would be a mine in 2025.
For there to be a mine in 2026, ground would need to be prepared now!!!
The environmental permit application won’t even be submitted for another year, and there is a PFS to draft.
And what about rail and other transport links to be agreed, financed and built.Add to that ongoing Sami nonsense, an incompetent, dysfunctional government, and no money bags partner or buyer on the horizon.
How on Earth is 2026 realistic??
The context for this latest donation:
1. £7.5m placing imminent ( at 2.5p )
2. Loan repayment due next month
3. Scoping study results now a month overdue
4. Sami appeal against Kallak concession not settled
This is not the work if a competent CEO.