The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Crumbs we re losing court cases, going bust,china s invading Taiwan there s going to be a depression similar similar to the 30’s. All possible but it’s best not to panic. Can I suggest “the Greek for love”. It’s a lovely story about a family who move to Greece and start a family.
My understanding from the last substantive update at the back end of May was that the rig they had identified needed testing and it would take several weeks. I’m not sure I have been really expecting an update until now although I would suspect one must be due in the next week or so. The communication does seem less often this year but then many complained about too many updates last year. I’m sure they ll drill this year around September as previously stated.
I really think everyone needs a nice cup of tea and to read a good book.
Bless you for caring. I’ll have to create a couple of fake IDs and nom de guerre s to put that right!!
Interest rates have been abnormally low for a significant period of time. The average over the last 40 odd years is around 7%. I haven’t seen many economists predicting more than 4% which would still be historically low but I suppose it depends on what you consider much much higher. I’m not sure at what point it would be a factor in someone buying an AML - 1970 s interest rates of 10%+. It’s not impossible but seems some way off.
I don’t think inflation is going away quickly. And I agree re rate rises. But it will as always reduce in time. I wouldn’t worry too much about china they ve got far far more to lose than Russia ever had. The real issue in the shorter term is liquidity. That could be a real problem for many companies.
I’d be astonished if china attacked Taiwan. The Chinese are focussed on growth relaxing regulation and looking at better trading conditions with the US who are looking likely to reduce there own sanctions on china. I would imagine they ve looked at the plethora of sanctions imposed on Russia and level of military support provided which would make any attack less likely. They are in a very different position to Russia economically who have always been a basket case and have been hardly progressive.
Yes it s a grim old time generally economically but things will inevitably turn in time. Inflation will reduce and interest rates will stabilise at what 2%. Or even 3% but these are historically very low numbers. Many stocks and shares have and will tumble not helped by the war and the spectre of rising inflation. I suggest that if these facts put you in a blind panic it might be best not to be invested in the stock market. Because the fact is there have been many similar periods where it felt grim and a year or so later everything felt much better. I’m much more concerned for people who work for companies threatened by this economic climate who are relying on being paid each to pay their bills than those of us lucky enough to be in a position to invest in the stock market.
You don’t need to be invested to comment on whichever board you want and on every board I’ve been involved with you get posters who aren’t invested but love winding up the passionate shareholders many of whom do have money at stake. The irony is that on occasion the valid points made by such posters gets lost in the pantomime that inevitably results.
Well that’s the main thing I’ve always wanted them to do. To return to Tai and go down to properly wireline test. I’m quite confident that if that had happened last year we d be in a very different position today- it was a washout last year caused by the mineral rig. shallow drilling and other areas of exploration are great but Tai has always been the main event I suspect. If this is the right drill and it’s already near location we could comfortably be drilling Q3 still.
Hang on. You’ re not seriously suggesting that this cloth poster is the same person as c26. Why would any serious poster create an alter ego. Surely that would be a ridiculous thing to do and mean that neither would be taken seriously and neither would influence anyone. I’m not sure any serious shorter or paid ramper would do that it would be bizarre.
Well I’ve never insulted anyone on this board. In fact I’ve stood up for some when they ve been accused of being paid rampers. I’m not sure why anyone would feel the need to be rude or personal or for that matter go copy and paste crazy. Can I suggest a few drinks and a visit to the cinema to watch Top gun to anyone feeling abit ratty.
I’m sorry I still don’t do the Punch and Judy thing but there is a chance I’ll develop Stockholm syndrome I suppose.
That’s true. But there have been economic headwinds for at least the last year, not just since the war. The Nasdaq and Hang Seng are indicative of this. Uk inflation has been growing for that last year not just since the war. Anyone can find a statistic to back up what they re saying but it’s quite clear that the uk and global economic situation has affected almost every company.
In fairness whatever you think of the model range or even current management I’m not sure it’s reasonable to suggest that “this has nothing to do with the current tense economic situation.” Posters on here have stated repeatedly of the impact that the difficulties in china present, inflation not to mention a war in Europe. I can respect the other points made as it’s an opinion but to effectively say that the general economic situation hasn’t caused an impact is one for the birds frankly.
Mark you don’t need to prove anything to anyone. What next if you bought one will you be expected to whack it on social media to prove it works. It’s a free board anyone can say whatever they like and if you ve followed the board for long enough you’ll know who to trust.
In fairness that question was answered yesterday. Not currently invested, or paid to be negative. Just like some people do cross words or play sukudo some people use these boards to wind people up. And “the more you do it the more I respond. I hope that’s clear”. If you want a reduction in these posts you d be best advised not to engage or filter.
Exploration success rates are around 30% generally. The chances will vary considerably dependent on the quality of geologists involved. I’m not convinced this is compatible to a 20/1 horse. Especially as there maybe multiple drills. It is high risk however.
Nobody invested in a company would post endlessly negative content on a free board about an asset they own. It would be ludicrous. Almost as ridiculous as suggesting someone is actually paid to be negative without any subtlety and therefore not influencing anyone. That said you obviously don’t need to be invested to post whatever you want. Any more than you need to be paid to be endlessly negative.
It is a fairly dismal time for assets generally at the moment but there are green shoots of hope re china and excessive regulation, Covid will reduce over summer generally and god willing the war will end. A summer/autumn drilling campaign might find a number of positive factors and improved investor sentiment hitting at just the right time. It’s easy to be negative with the RNS no show but I remain positive the wheels are turning.