The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Another Lithium Plant goes up in flames: https://www.telegraph.co.uk/world-news/2024/02/18/lithium-battery-warehouse-flames-recycle-plant/
I think we must assume that local personalities are demanding too much, probably in the way of bribes, to be acceptable in return for agreeing a reasonable MDA. Best assume we are either not going to get an MDA, or we are going to get a very bad one.
I guess major shareholders believe The Company is worth (much?) more that The Market valuation. IMHO, they are right.
So? What happened to the pre-yearend MDA then?
Where does this fit in? https://newatlas.com/energy/pnnl-flow-battery-sugar/
Bonker99 I don't have any inside information, all I know is that African Countries have been mentioned as Wagner's stomping ground, and this makes me wary of investment situations there.
I'll bet Malawi are waiting for Wagner Group to make a better offer, and that won't happen until Prigozhin gets out of lockup by Lukashenko/Putin. No chance of signing now IMHO.
First class Company IMHO.
...or is it selling pressure? Every trade's a sell too. I'm disappointed it hasn't moved more.
"Squeaky clean" - No chance!
Thanks Bladey. Been nagging at the back of my mind for a while. Glad to get the right answer.
Is there any possibility that Malawi will do a deal with anyone else - the Chinese, for instance?
Don't be naive. "Getting done shortly = offer us a bigger bribe!"
DYODD, but in my view this is an excellent Company and I hold, for me, a lot of shares in it. It is tackling, head on, many of the risk management issues in aquaculture, and IMHO some of its assets are of major importance to that industry, e.g. its Lice Control System for Salmon Farming. I also find its disease resistant Shrimp technology extremely interesting. After some concern about it going on to the Oslo Market, I am persuaded that this was a good move for shareholders, and I bought sufficient stock to cover the dilution that took place. In Norway they understand what Aquaculture is all about, so I think Benchmark will be viewed very positively on that Market, London is not as au fait with Aquaculture. I am not a professional investor, so these comments are all in my humble opinion - you must do your own research and Due Diligence!!!!!
Judging by the information sent out by The Company, UK Shareholders are about to be screwed. There is a Private Placement taking place on the Norwegian Market, which UK Investors are excluded from. This is apparently a condition of listing on the Oslo Market. Considering it is UK shareholders who have carried The Company to this point, this seems to me like theft, if the opportunity to participate is being denied to UK investors. It is said that a decision has still to be reached on whether the AIM listing in London will be continued. My guess is that the decision has already been made and the AIM listing will be discontinued. Is such activity legal?
Wait until Toronto opens.
Having listened to presentation, I couldn't see anything other than the positive in it. But then I'm not a professional investor, skilled in the art of reading between the lines.
Looks like a nice little Company. I'm in for the long term too.