The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Dont lose faith Music, its coming π
Thanks
Didnt Mike say SPG results were due by the end of last month? Or was it this month? Either way must be soon and may be the final ingredient required to secure offtakeβs π₯πͺπ»
When is the AGM, is it being streamed?
Im really not paying attention at the moment lol
Pressure being applied to 0.57 as we speak
Nissan just announced they are going fully electric by 2030
Regardless of when the deal is signed off, people should rest assured the sp will be 2x to 5x higher this time next year π°
See if we can take on 6p today πͺπ»
Agree Swan, often a few days after the news you get back to back 10-20% days as all the old traders are flushed out and bigger players start taking serious positions.
Next few weeks could be massive, sprinkle in SPG results and an offtake and itβll be explosive
It was scripted so that he didnt spill the beans on any ongoing talks
JCEP - I can 100% Guarantee there is no placing happening, I took part in the last one and am on the list to participate in any further ones.
I have not received a call.
BRES will use the first 3-5 tranches of Β£1m to get SPG testing completed, off-takeβs secured, and a good chunk of the DFS completed. After that (and in all likelihood at a higher sp) BRES can then choose How to finance the rest viaβ¦
-Offtake agreement payments
-Debt funding
- Private investment
- Placing
In my discussions with Mike he has made it crystal clear that he wants as little as possible (ideally zero) further dilution, so in my opinion the funds will be obtained from offtake agreements.
I did the math and was happy to invest on a predicted 600m shares total. If Mile pulls this off we could get there with just 400m
I make that 106p come decision to mine π°
We could see offtake agreements and major institutional funding within weeks now π₯
Not to mention Warrants will kick in at 7-8p
This will be double digits before Xmas πππ»π°πͺπ»
ππ»ππ»ππ» 20p seems too cheap now
Good to see everyone getting along π
At least if there is an extension we can be entertained by watching PREM fail to deliver even 1000t in Oct/Nov and slide another 30% ππ
Still holding and still 100% confident its going to be a banging Christmas π£
Stay strong Kodders, this part is like the birth of your first child, it drags on forever, is nerve racking, and hurts like hell, and then all your dreams come true π
I think when the funding RNS comes in im going to add big again. Just want the 100% funds received before doing so. Dont mind if I buy more at 0.7-0.8p as im in until at least 2p either way
What did PREM do between securing funding and their run up to production, wasnt it 300% or so.
2.2p KOD coming within 12 months π°π°π°
Another trading halt for LLL until tuesday, interesting
Looking forward to the deal being signed and the big boys rolling in. Dont forget Sprott have taken a very small βtasterβ position already, im sure they are planning to load the boat once signatures are on paper, its what they and many others did with GGP. π
My understanding is that the DFC funding has been agreed in principle, and that the paperwork just needs signing off. But like all government bodyβs, administration is slow.
Ganfeng just paid $137m US for an additional 5%
Effectively values our neighbours remaining 45% at $1.23bn
Kod could be in the same position in 18 months π°
In all likelihood BRES are going back and forth between DFC and China negotiating for the best deal and DFC and China are incrementally increasing the attractiveness of their offer. One that encapsulates the funding for the PFS and some cash up front to build the mine.
Similar to what happened with KOD when it went quiet for months and then they announced a massive funding package with superb terms, and no need for furtherd dilution.
The SPG test results may be the final ingredient required to finalise and announce the deal
IMO wait for SPG results in the coming weeks and then expect a big development
Another move up coming to 0.57
That trade earlier was probably the delayed spredex position from last week. Either way its irrelevant now.
Johnny congrats on your Β£16 profit (minus trading feeβs of course)
Onwards Kodders, 1p is calling! ππ