The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
when the JV was last testing Dempsey albeit with a lot of optimism we were 18-22p range. Given China progress and anticipated update along with the resumption of Dempsey testing it think that has to be first target. 14p to break then were off IMO
clear plan and we know whats happening now. expect interest to intensify heading towards the end of the month with China update on the horizon. Most on here wanted the quick win with the testing moving up to each zone so i'm sure they will be happy with today's news aside from the short delay.
hit the nail on the head imo. hope he doesn't mind me sharing. 'If I was TK I would keep my shareholders happy with the following:- I sold sugarloaf in a market where many companies of our size failed over a few short months. I returned nearly all the funds back to shareholders. Since then I invested in 3 projects with very limited funds due to returning most back to shareholders. One was a decent percentage interest in California which should worst case break even but more than likely return huge value to shareholders but if not, it won't be a failure. Next was a successful investment of 10% in an Indonesian project that has been a success and valed our investment at several multiples. Finally we have secured a block in China with positive 3d survey and this asset could propel us into mid tier territory with minimal or no dilution. So, I now have inpatient shareholders wanting me to update on projects that are either not under my control or in the process of being developed. The share price has risen more than 10 fold in this last year at its peak. That is still not good enough. I should maybe promise the world, dilute them to hell and blame everyone else but myself.......like most small oil and gas companies on AIM.......Or maybe they should reflect on what opportunities we have, stop bloody moaning and give me 12 months to deliver.'
I thought i'd been here long at 4 years. I just think there is a lot of hate for GJ which is unjustified, Dempsey is a new play and they are reacting to developments as they go, to expect it to be straight forward was perhaps naive of many. news wise we are in the middle of Q1, China update isn't expected until end of Q1 why release an update unless there is anything new to report. Indonesia - they are working towards the PSE phase so we just have to await developments imo.
if you could you lot would have an RNS detailing what Tom Kelly had for breakfast everyday. Either get a grip and have some patience or sell if you don't believe in the assets and management. the bods of the companies are not there to facilitate your trading needs...
my calls have been accurate to say the least..............?? still waiting for 7.5p Rathole 19/12 'once 10p falls this opens up 8.5p last placing target. No traders will touch a chart like this, broken down big time on volume. Bottom fishers will line up at 7.5p for an overshoot capilution squeeze - and probable next placing level. Take Care falling knives cut deep.'
lets hope so... 'Stimulation is being done in expectation of a very significant improvement in flow. Flow results will also determine if other shallower saturated gas reservoir zones will need to be tested to add to production at the time.'
last night. https://www.asx.com.au/asxpdf/20180131/pdf/43r6qnxlhqgwjg.pdf
Dempsey - Frack permit any day - Stimulation operations in Q1 Indonesia - Interim's stated 'On the back of results from the Mako South-1 well it is expected that the operator will commission an updated independent resource assessment in due course as further data is analysed and comes to hand. In addition, numerous prospects and leads have been identified in the permit using 3D seismic data.' update overdue. China Block 29/11 - interim's stated 'These estimates are expected to be revised towards the end of Q1 2018 when the comprehensive interpretation of the fully processed 3D seismic data is expected to be completed.'
Rathole 19/12 'once 10p falls this opens up 8.5p last placing target. No traders will touch a chart like this, broken down big time on volume. Bottom fishers will line up at 7.5p for an overshoot capilution squeeze - and probable next placing level. Take Care falling knives cut deep.' and if 7.5p isn't seen.... you are no different then the people calling 50p no?