The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
didn’t even realise there’d been a “positive” rns as sp hasn’t moved. just had a read, this must be the 30th rns i’ve read since i bought in 4 years ago and it is literally just the same old reworded *******s followed by another 3-6 month delay as he just nonchalantly moves the completion date from q1 to h1 etc etc etc. inhonestly cannot see this ever coming to fruition. how many definitive, detailed, final agreements and signatures do you actually need? will we ever see a shovel in action? i don’t think so unfortunately, better off coming back in a year or two for a “progress” report.
Still no money in the bank though so just paperwork and photos, unfortunately Harry’s ability to continuously delay after giving date after date for finance completion preceded him and the trust is t there. Until I see the balance sheet showing the 100’s of millions signed off I, and many others, will remain cautiously realistic.
This aged well (for me). I’m not a bitter person but for those who ridiculed me for taking my money after 3 long years in the red, you can now go get f**ked. For everyone else I hope MB sorts you out but wouldn’t be holding your breath.
No I left with around £700 profit which of course is small but have been sat at minus thousands ever since the raise post licence grant. I just couldn’t stand watching it go back down again as have been here so many times and with it’s constant delays and can kicking. I do believe they will get oil out the ground but I can’t see it for years and I’m more interested in Uranium so have free’d up money for that. WRT holding anyone to account good luck with that I’m not sure I’ve ever seen it happen.
The naivety of some people on here to think an email complaint based on their own pathetic little conspiracies is going to have any impact whatsoever on the complex interactions between PM and the Mongolian government is absolutely laughable. Get a f*cking life and let the actual important people do their jobs.
Disgraceful really that a fundraise happened last year whilst knowing about the 2017 land access laws. Mike just glossed over it though with a couple of lines stating that some legal formalities were required before drilling. Turns out he never had legal access and I think he knew that all along and has massively underestimated the resistance he has met whilst continuing to distract us with rig information. For me this is an unforgivable oversight and shows the lack of understanding regarding Mongolian law and their people’s will by Mike and his team. I’m invested here and would love to see oil however I don’t believe we are any closer than last year and at some point the money is going to dry up. I wouldn’t want to be raising knowing that I don’t even have permission to access the land, that’s a tricky one to explain to potential investors as the car is now out the bag unlike last year.
Robjm66, the TK launch isn’t around the corner though that’s the whole point, if you can’t see this for what it is you are either naive or haven’t been here long enough, it’s an absolutely scam.