The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@Ironsnide - you know damn well that people get angry at the blatant position posts. You gold hawkes angusscott are the lowest of the low in my book. Frankly what you would do for a pound note is simply beyond the pale.
Gold is utter vermin who deserves only to be on the advfn site.
I think the situation here is AM due to restricted funds at present has to delay the bulk of the upgrades to instead focus on the delineation wells. He is committed to this and until the rbl is in place has no choice. The garbage gold comes out with is just that.
Morrisons will buy the stores they want from the administrator.
I think he may be unsure at this time. I got the impression he has his eyes on the big prize especially as he said he has to drill at least 2 horizontals this year. He may want to ensure he has the money for that especially if there's any delay with the financing.
Thanks RBM. What was your take on him saying they had their hands tied to the old financing deal until April 1st therefore weren't able to look elsewhere. I probably think they wouldn't have had success at refinancing with 58% but now can with 85%. Maybe the bank will encourage them to take cnooc share . Like you and mainly due to the current climate there should be a very good chance that this will get sorted.