The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A good strategic move IMO. We have not given up on TA as WTD suggests, it does not say we sold the asset!
To me it shows CGC want to move on with the asset but with our current cash flow MH has more near term important areas for our cash.
Considering we paid for the seismic a fair deal really!
MH has re-built a good foundation now, new asset, revenue, upside from WO, PA result and the remaining 3 drill campaign on Tapi Akai with the nxt spud in H2 where we are now.
An operational update would be good......Brent Crude recovering well.....demand across the world will increase as countries start to come out of lockdown and economies move forward.
I’m content with my quantity of shares now. Excited about what is around the corner. In a reasonable position here. We need an overall update on the current status quo really. Been keeping an eye on sou, nice little find on PA with a quick tie in could see a nice rerate! GLA
I found this article which states that some of the border crossings between Argentina and Chile have re-opened on the 24th June, that could be handy for PA testing!
https://www.worldnomads.com/travel-safety/south-america/argentina/travel-alert
We have never had a comment as such on previous testing, and this has or so it seems under gone a considerable test period prior to lock down. I am speculating but it would make sense, if we have tested ourselves and independent with authority much more credible and I would guess quite normal procedure for any significant discovery that would put significant value to a company.
I personally think they are waiting for an independent company to come and perform testing with their own calibrated equipment. This could be linked to Gaffeney & Cline (think that is their name from memory) which would give more credibility to the results as it will obviously be linked to company value and could be incorporated in a new CPR.