The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The risk was how do they fund their share..... now its all covered
the Buchan field is forecast to deliver 35,000 barrels of oil per day at peak production..... 7000 *50 = thats like $100m in cash every year.... FREE
JOG doing what JOG does spike then fall then spike higher, can see this breaking year highs over the next few sessions.
Should be nearer £5-6, but wouldn't be surprised to see double digits when the free carry is in action
All IMO
Barely anything.... but presume they were using the volume to liquidate, probably should be in the 30s pending an announcement IMO
Reckon 50p does the job tbh, a shame considering the 200m IPO
IMO
Should really be over 1p... will head there eventually, there's always a history of slow reaction to news with KOD, de-risked and 40% expansion and down nearly 30% from recent highs?
Get a grip.
Don't give me BS about lithium sector, PREM/ALL/CTL are all up
All IMO
I'd be surprised to hear of another share with 50-100x potential from these levels in within the next 3-5 years IMO
All the near term risks are gone until financing/off take now......
Independently verified TICK
Drilling positive TICK
Bond payments for next 2 quarter TICK
DH added again TICK
There's another report to come that will increase our verified reserve figure (probably 500m or so)
Then there's the financing
Fully expecting new ATH's by then
All IMO
It's simple, they think financing will be done by Q1 next year, you'd imagine it would really bring to light the potential value we have here (we're talking multi billion MCAP once financing is done, take a look at our verified resource at even $1 per barrel let alone $5-$10)
And when that financing is done, you can make the bond payments with dilution less than 0.5% (for example)
"What's the case for owning the shares today, rather than waiting until next spring or next year to own them
All IMO
The answer is that, when you've got a share that is currently trading at $300 million, mostly on the basis of people's skepticism, about the ability to finance development without significant dilution, you may wake up one morning and find that that assumption is no longer valid, and the share price has shown, that when it runs it runs, so of course anyone who wants to to own shares with a higher cost base, should wait and buy later. and anyone who wants to take the ride as it currently is, should be happy to be a share owner today."
Dont be a bell end, its placed with 2 LTH's and the gaffer....the alternative was that it gets paid to bondholders and they sell into the market to assist the shorters in getting out....
But nope not this time for the next 2 payments (by then financing will be complete)
Fully expecting 20% days over the next several sessions, taking us closer to the £1 FV mark...
All IMO
They closed around 11p and reshorted at 21 or so IIRC right before the bond payment last quarter, but that got paid without the bondholder selling into market......they were probably hoping for the next one to bail them out, but we're now covered until at least Q2 by then financing would be done
All IMO