The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Form the RNS!
It is also important to note that the necessary permitting milestones and approvals run in parallel to Financial Close and as such the vast majority of funds from Financial Close are not required until the ultimate construction phase.
I feel it's the algos at work as you can see on the trade stamps.
The sells from investors aren't so massive really. This is a buying price for me. The business is back to working again, investors in discussions which G3E is good.
The company is working with the JPL on possible financing options according to the Cayman filing. The potential investors are still positive and progressing amidst delay due to Coronavirus in Feb and March. The company is gradually resume to work normal and so does China. The term sheet is not a public document and hence not be able to share.
The company will update its progress on both the receiver, JPL and the financing options in due course through RNS
Me too mate I thought it was quicker than that and sold some during the call at 0.85p as soon as I heard it. I then bought most of them back cheaper.
I am still holding a decent amount though and I noticed someone was block buying yesterday amongst the PI selling in a panic.
I think ORCP need to clarify it a bit better.
All you who are invested need to do your research @Naheed_Memon is correct in saying 12-18 months as bank guarantees etc take time and bank requirements. The funding will be given the go ahead at the JCC meeting with the JIA but execution will be in good time. Investors research!
Its simple the financial close will not be at the JCC meeting but the higher officials will agree to the financing go ahead, People who bought thinking otherwise should sell if they can’t wait that bit longer, many misunderstood between financial close and the go ahead.
Major news is the LOI then the huge news is the JIA signed off at the high official meeting, Hopely we get a article out first to say agreement signed before its RNSsd for max impact just like last time when @OraclePowerPlc had to confirm rumoured article #Orcp thanks alot
Have to say that 12-18 months was a curveball for me. The line was awful so I'm hoping we heard it wrong. LOI needed to get a decent rise I think.
A good strategy here would be to top up in tranches every month from now until production if you feel it will come good.
https://twitter.com/MarketMusing/status/1247492292748943360?s=19