The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
CW -my thoughts are £2 ish by May 23 -it literally cannot be less !!!
Once Cascadura is online at initial 90 mmcf/day plus 1500 boe liquids ,added to Coho 10mmcf/day, added to existing production of 1400 bopd , added to Royston sidetrack success- maybe 800 bopd then we will be up at around 14500 boepd by May 23
If Royston ST is a hit then that opens up 10k bopd development, added to Cascadura development wells and I can see £3.50 in a years time or so (pushing 30000 boepd)
Nailed on without any risk of successful future drilling
This is a no brainer to me-£4 in 2024 with 6% Divi’s - I’ve jumped about a bit chasing rainbows in the past but I can seriously see a crock of gold at the end of TXP,s rainbow
I am not waxing lyrical this is the real deal -albeit very delayed !!
GLA
Awesome news to start the day -what I like is we have a stable 10.5 mmcf and have the pipeline capacity for 24 mmcf - already looking to fill that gap with an infill ?
Pipeline sold but we don’t know for how much
Onwards to Cascadura now !
GLA
Absolutely Aligator -I entirely agree - Coho is a huge joke
But rightly or wrongly I’m not looking to sell- but will wait for Cascadura to come online ,infill wells on line , Royston sidetrack to be drilled , Royston development , a well poked down into Kraken etc etc and hopefully some meaty Divi’s
I might be mad but been here long enough to wait just that little bit longer
GLA - Coho by Xmas
Hello Ezhik- develop gas wells only you say ? - I think there is more chance of them organising a p Iss up in a brewery !!
We seem as far away from that wall of cash now as we were 2 years ago
All we need now is for hurricane Ian to turn round and give PB another excuse
Scream scream - I’m over it now
The wait continues
Great prospects here guys - Huge cherry on top of potential earnings now going forward
Have done what I very rarely do - cashed in a goldie with great prospects ( but in loss) and bought 71k more shares here to add to
pot
Super excited to see where CGO are headed and expecting further offtake agreements in coming weeks
Clarification of enough cash to see us through to first sales is a huge plus for me
GLA
Just thrown another 1k in to the pot - very happy to take a few more cheap shares
We will look back here in a few months and wonder why we didn’t put the kitchen sink in here today
All growing companies need cash and as long as prospects are good and not used to keep lights on I’m happy GLA
Nice to here that Cascadura work is beginning- I’m sure PB ‘s previous timeline of eoy hookup will not happen but ha ho .Meanwhile the “insignificant one “ that only doubles our production should be inching closer
GLA
Wow Photo - 60 miles is awesome
I’m down to about 15 a week at mo - but am just a few yes older !
Started running with NYC marathon in 2005 - find it’s a great switch off - but my mind does wander to TXP though !! Clocked up about 60 half M’s now
GLA
Yep - time to bet the farm - if not a couple of J Deere’s
- turning one tractor into 5 is now back on the cards
Just the start now of a few years of exciting growth I feel
Once EIA confirmed I would like to see drill programme announced
GLA