The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Dazed, I am holding 10m shares so I would like to think that allows me to pass comment. What I can't get my head around was the need for additional comment if that is actually the case? He could have just said nothing as teething issues would be anticipated, given what they are trying to do.
Having said that, if there is. I can see canmax, pulling the plug and taking Zulu out of incompetence of GR. Chinese workforce would sort this quickly and efficiently.
In the video interview, GR said it would be processing today. So given that and the upbeat nature of the interview, anyone saying the RNS was due to be released on the Friday, given the discrepancy between interview and rns I would take that as BS
However, if the nomad has said '' GR you bell, you have released market sensitive info in an interview'' after picking up on it following the release. Then there would have been the weekend before issue on Monday, when teething issues have occurred.
The interview however, was caveated reference future events. It looks like the future events happened over the weekend to me.
Thus we are where we are. GR being the numpty he is did state in the video, he didn't need the extra day of Feb, so you would assume news today, however with the teething issues, he may need the extra day haha.
Why he sets such firm timescales after repeatedly missing deadlines is beyond me. It affects the legitimacy of the project and the company. When he could just say, the project is moving forward, however it is in the ar se end of Zimbabwe so timescales could be a timeframe, rather than a set day.
Never learns.
.38 is the mark for me, sold at it twice now in the last couple of weeks, healthy free carry pot if it goes north, selling half, buying back, low 20's last week, low 3's this week. All good things have to come to an end. Literally looked at my holdings and they dropped by £8k so I thought Barclays was wrong, then saw the RNS nonsensical from GR. Could be setting out the stall to not hit the timeline is my only guess, giving people warning.