The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Also, presumably the sales number is higher than the £11.9M - that seems to just be the value of the quoted gold sales. No account of the Silver sales. Recogtnise that the silver sales value won't save the company but....
According to the RNS. Gold production was 8,564 oz. Gold sales were 7,502 oz. Any idea what's happened to the 1,62 oz? Seems like that might be helpful, cashflow-wise, right now.
I've noticed various posts on here suggesting that a major will buy-out GKP because it's a sweet producing company that is undervalued, and so on.
To me that sounds like someone trying to ramp-up the SP. Majors are caught-up in the ESG story and are in a headlong rush to get out of the fossil fuel business - so who do these rampers think might actually buy us LTH out?
My sense is that there may be a local player, with good connections, that will seek to buy us out and add to holdings and until then, we need the BoD to keep pumping out dividends and hope that the spectulators come-up with a better story to drive the SP.
Does anyone have any idea of when this share will be un-suspended? These constant extensions don't bode well and in the meantime the price of oil, presumably a driver for the share price, soars and investors have no chance to benefit and neither does the market capitalisation.
Independent Directors have recommended the latest offer of 850p per share plus a special dividend that's now on offer.
These would be the same Independent Directors that recommended the initial offer of 640 per share?
Part of the raionale for this was that the required heavy investment was too much for small shareholders. Does it make any sense, for a company that has a major project which will be a significant drain on cash flow, to then turn around and pay a special dividend that will suck precious liquidity out of the company? Methinks that someone is trying to play small shareholders.
A point you missed about Tobias Ellwood relates to the murder of PC Keith Palmer at Parliament. When many others ran away from danger, Ellwood ran towards it and aided the dying police officer. Truly brave and highly commendable.
I invested in VRP 5-6 years ago and have stuck with them through the ups and (mostly) recent downs because I had faith in their research, as best as I could understand it and their management - and this is how we are rewarded.
Yet again, this is how AIM lets down investors. We are faced with having to accept ADRs or sell. It's been clear for some while that the newish Executive management do not have the interests of investors at heart but AIM have stood by and allowed this change of residency, without a whimper.
Maybe it's time for a renaming exercise? Alternative Investment Casino? We all know that AIM is a riskier investing environment but clearly there should be a warning - Invest here at your peril.
BTW - I've lost and gained on other AIM shares. It's not the 65% loss here that bothers me, it's the complete lack of AIM oversight on this delisting exercise.
Does anyone know if we will have to actually take the dividend as cash or could we reinvest through a DRIP mechanism, in the regular shares?
I have to confess. I invested in SLE thinking that it was an oil and gas exploration company. Boy was I wrong! Seems that this is a mushroom company - you know - one where you are kept in the dark and you are fed BS. I will wager that Oisin Fanning and the rest of the executives and the useless board are not seeing their pay and perks suspended while the owners of the company (sadly I am one) see the share price suspended almost indefinitely - coming on for 6 months now. This whole process shames AIM and would do so to the BOD but they clearly have no shame. And watch,, whenever the suspension is lifted (probably will only be for a few days, if past is anything to go by) then the MMs will be ramping and dumping and making their quarterly bonuses from a single share. Over time, I will extricate myself from AIM's crooked market and then, never invest there, again. Shocking way to 'run' a market.
Apologies but does anyone know what is the ownership record date for the scrip issue? Recently sold in anticipation of negative effect from May's Russian sanctions - only to find that shares have bounced back!! :-((
Does anyone know if the Euro 34M awarded include PVCS legal fees etc. or is it a flat number. Is the award decision a public document that can be viewed - online maybe? Thanks
Yet another AIM stock where the small shareholder is being kept in the dark and the casino manipulators are playing games. In the meantime, management take their high salaries and say nothing. Out of this stock as soon as I get my head above water. No point in 'jam tomorrow' if tomorrow never comes. The US flotation was supposed to bring a SP lift - one senses that instead, any money raised just used to fund management salaries and keep their gravy train going.
Yet another AIM stock where the small shareholder is being kept in the dark and the casino manipulators are playing games. In the meantime, management take their high salaries and say nothing. Out of this stock as soon as I get my head above water. No point in 'jam tomorrow' if tomorrow never comes. The US flotation was supposed to bring a SP lift - one senses that instead, any money raised just used to fund management salaries and keep their gravy train going.
Very disappointed with COC - felt like they offered something positive when they sought votes to oust the board and then, having succeeded, they have spectacularly under-delivered. The silence from the board and COC is deafening. Out of this stock as soon as head is above water. Another example of small holders being disadvantaged on AIM. AIM authorities won't look at it but becoming clearer and clearer that AIM is not for the small guy - a casino for manipulators, I'm afraid.
Daramuda Apologies for my earlier post. Let my frustration at the seeming senselessness of this annoy me. I am seeing something crazier over at Gulf Keystone (GKP) where I am also invested and both of these, happening in same week has annoyed me - or more accurately the apparent helplessness of the PI.
The why is easy. Money. That and the fact that private investors don't count for anything. How? This looks like a classic stitch-up by the big boys. Don't expect the toothless Stock Exchange to do anything about it, though.