The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Positive cash flow, when it first starts to trickle along a dry river bed seems negligible, but as its flow increases it washes clean all before it - all the detritus and mess is washed away.
Thats going to be the impact on COPL in Q4. All the "youre a ramper, youre a liar and repugnant behaviour will be washed from our memories.
The bonds - can be serviced with cash.
New wells and upgrades - cash
RBL - Cash inflows magically open doors in finance institutions.
Enjoy the last few weeks of this board as we know it, the next few messages should transform this company. If, like me, youve been holding and holding and holding, its going to seem very welcome. In a year it will seem incredulous that this board was once as it is now.
GLA
NtD
Agree Adon,
Im very nervous about news. Theres a chance the news is bad and 36-2 is a crock (or whatever the oli mans phrase is). I have seen some of you oilers mention a loop around a dificult area .
The BOD arent communicating but they are not in control at present, that well is and I understand the silence.
The big picture is that we have cash incoming so unlike some other oilers, this isnt a 1 trick pony. 36-2 if it is a setback does not cancel the company, it just delays progress to production considerably.
I sincerely hope I am wrong and there is good news on the well but the last RNS kind of implied they were hoping for news earlier this week to add onto the message.
Nothing to do but wait for tomorrow.
GLA
NtD
Hi Nick,
Glad to see some life in the board - SPSY is so easily dismissed as legacy with banknotes, but theres a great little business here - not exciting but I think in the longer term good rewards for investors.
GL
NtD
All good logical stuff - i dont think there is panic. Traders and mid-term investors who invested based on chance of a fast settlement moving on. I suspect when BIT is lodged the share will surpass the 11parea anyhow.
Everyone reviewing their investment theory versus the latest comms.
Ive been in for far too long but Im here till at least a Bhukia finalisation and Cascades firming up very nicely also.
The value remains even if in the short term the cash doesnt flow.
GLA
NtD
I agree still v quiet. When we get a rise as today with the Cascades ripple (and maybe some Bhukia rumour) I think its just us lot on this BB who are doing this - lol.
Very happy here - I just hope I can maintain my hold position till we approach realistic reflection of the valuation and not jump on the first good times charabang!
A genuinely exciting share to hold and seemingly getting better every day!
Geologists must be very confident on Cascades to throw the 5m oz possibility into comms. We could end up with another giant discovery on our hands. Cascades definitely the underwriter to the Bhukia claim - at sub 10p and with likely increase in Cascades estimate imminent, this is a very very strong buy imho.
That 20% free ride with option to grow it to 30% - great business from MB.
Hi - Just for accuracy - I thought it was 95% owned?
Nit picking? - yes! But well intended. There is enough fish and loaf to feed the many without overplaying or relying on a miracle
Would be just Zphr’s luck for that capsule to land on 36-2 - hours after the well was ready to test….
It’s been/is a long road here but the view from the top is going to be well worth it
SP will be 6p+.
The bored have left, the production will start to lift and maybe just maybe our shy little doormouse of a new CEO will peek out and say hello....
Hi GotReal,
No need to be sorryYou are entitled to your view. Equally I can have mine - I shared my practice and my reasoning for it and I will continue in that vein - its a right open to us via LSE BB reporting function. If you feel that impinges your freedom of speech on here, feel free to report me. :)
Personally, as explained I would never report a differing view, I only report personally directed insults.
If we all agreed all the time or had the same views life and chat would be tremendously dull.
AtB
NtD
In regard to the deleted comments- I have never asked for posts to be deleted. In fact I dont block people either as I do feel balance is needed.
However I do report any post on a board where there are personal insults - this is abusive and maybe why some posts were deleted. BT you do tend to call people names - I dont like the tone you use but thats your call and I can look beyond that, but I will always call out personal insults - especially online. Personally I feel we must always be aware we cant see the emotional state of others online and as such cant see if an insult is kicking a man when there down or, taken in good spirit as part of disagreement. When people are vulnerable they may be wounded more than intended and we all see the stats on suicides etc.
Sorry for a sombre report but I do think this is important
NtD
Hi Roley,
Yes, NAV of crypto falling, but in terms of KR1 being too expensive - Im not so sure.
The income coming from staking is very very strong 500k per month I believe and that gives a different metric on the business to be considered alongside just NAV.
In addition, its then all about whether you are expecting another BTC / crypto cycle in the next year - the staking revenues are being partially used to invest in new projects and given the returns they have historically produced here at KR1 - the potential is very very strong for not only future NAV to rise, but also for staking numbers to rise in conjunction with that.
A very strong hold for me here with my plan to buy a little more if funds allow prior to the next crypto bull season which should be kicking off within th next year if the past is any guidance.
Sorry - waffled a littel too much but staking income leading to high free cash inflows, whilst duller than capital value, is a key factor in the valuation of this share.
GLA
NtD
I was working on premise that the would RNS tomorrow in relation to the vote given if poitive it is significant. But Im not planning on selling any time soon (still well underwater) so fairly chilled at this stage.
Today could be the day for you to make ammends for that JB - good luck!
Good point on 16-2 Womo,
this one can be planned and delivered I believe so we may as well now crack on.
I think we could be due a burst of good news items then - unfortunately Im up to my buy limits here so cant take advantage but non-the less, a recovery in share price would still suit me well.
Jumping along the getting to market a little further (Ive forgotten) - have we contracted to update and refurb the gas handling plant and what extra permits and/or other kit is needed for each site to get gas flowing?
There's a stengthening route to Paradox production but hopefully the company is addressing these sub items?
Whilst there is a chance of Q4 higher production, i personally don't see this getting there this year - I hope I am wrong.
NtD
Taken in good spirits - no offence at all. We have a great board here at present but I won’t lie, I can’t wait for it to be infested by Jonny come lately, arriving too late newcomers!
Waiting is a swine but is the cornerstone of speculative small cap investing.
My view at present:
Odds of a notice of deal - 15%
Next rns listing BIT claim - 85%
Not sure GoR have it in their DNA to rush a strong settlement and until BIT claim is lodged, how much sway to India gov have, if any, in driving a resolution.
All guesswork - only time tells.
NtD
Looks like the shorties are working in a bit of BB overtime (well afternoon time) as the rise has caught them out and they are too greedy to close the shorts.
Here's hoping for a similar rise tomorrow or even better some positive newsflow to really put a strong breeze on this as of now small SP fire. Hot hot hot - Dont get burnt!
GLA
NtD
Probably less than that 1.5% even, Shear - remember we have two other very solid claims at Cascades and (errr...) the other one!
So success is barely factored in at all at this SP.
TBH -that is what is puzzling me - win or lose Bhukia and we will more than likely get made whole again by Cascades alone - why arent people taking a punt - 1 chance to win big, another chance to get a return on the cost of the ticket.
When peeps say this share is cheap, its not just cheap on the future Millionaire aspect, its also cheap on the other two prospects as at right now.
I've chased many share rainbows before (I like a Rodney share exposure or two), had maybe two good wins , probably 5 or 6 or 8 or more disappointments, but for me, this seems to be the strongest and a lot of that for me is the lack of rabid PI's frothing at the mouth on the BB - see EUA, COPL (two I have for my sins) and many many more.
I know no-one likes a cross ramp, but if anyone has similar profile oilers, miners or tech (not Pharma) I would appreciate a gentle nudge. Not HE1 - i see that is building excitement on its drilling right now).
I think there should be a cross ramp board (if there is please point me at it).
I am of the belief that this share is going to be a winner from here.
GLA
NtD
It jumped up though rather than drifting up - implies a solid reason for the change in sentiment - leak?
One day :)