The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Fully funded. Cash of $5m in the bank.
We expect the remainder of 2023 to see significant information flow regarding the multiple workstreams mentioned above. Moreover, we have the funds to see the Company through to the anticipated commencement of cash flow receipts from sales of Ruvuma gas. These developments offer the opportunity for real value growth in the coming twelve months.
Makes total sense and reduces costs.
It's the confidence on the size of the resource that makes drilling more wells easy to decide. After CH-1 results I bet they move on to drill more wells while they build the pipeline. In the oil and gas game, when you're on it you drill and don't stop.
They are going to need a bigger pipeline.
Let's suppose ARA bring forward the other wells to drill. With this massive news and a rig about to be contracted you would think they will want to hold onto the rig and drill more wells. Who knows...if they sign a rig contract with options to extend they can drill more wells after CH-1..I know I would, particularly if getting a rig has been difficult. Hold onto it.
Pipeline doesn't matter. It's the development licence and drilling and NT1 & 2 news that will keep this bubbling.
Absolutely massive when this sinks in. It's real and Aminex fully funded. 3p+ over the next few weeks as this will steadily rise and development licence and actual drilling begins..Load up all you can sub 1p. No brainer.
Far cheaper onshore than offshore to drill and produce the gas. The metrics for 16 Tcf onshore are incredible . Can see AEX a target for a buyout if Mcap remains low. This is huge.
I think something big is happening.
They held onto that big buy for two hours before reporting it. MM's worried they will get too many buys if everyone can see it straight away and they don't have many shares.
Yep. Everyone knows it so they will get funding sorted by then.
Mesquida, you're welcome. The activity is picking up and the mood music is positive. Equinor are drilling in April offshore Argentina so there's a rig in the region. Oil activity gathering pace. It's not if but when BOR get a deal. There will be oil companies not wanting to miss out.
https://www.ogj.com/exploration-development/area-drilling/article/14305260/equinor-sets-timeline-for-exploration-well-offshore-argentina
Chart closed above the 200mda so hopefully moving up to new highs. Not going to be moving down. Mr Calgary I think is still buying but will need to pay more as no shares available. Mr Baker takes up the CEO role next Friday..hope he does an interview.
Yeah the condensate liquids sells at Brent price slight discount -2-3$, so quicker payback. Dry gas has no local market and not as quick to payback and profit from as much as the liquids, but there is huge amounts of dry gas that can be injected back to help maximise the recovery of all the liquids. Once the liquids have been recovered and about $30-40B revenue later, the dry gas can be produced. But the liquids won't run out until about 25 years time.
Some buys at last. They had to move it up as they have no shares. Don't give them any. it will keep moving up.
Probably need some buyers to force the MM's to move up.
We need our deal announced. It's all happening apart from here. The board have got to deliver. Simple job with everything that's going on. Let's be having it.
I would of thought it was pretty clear. Exited the TSP and no need for funding and contracts with clients being procured.
Accommodation for oil workers in the Falklands organised by Navitas.
https://es.mercopress.com/2024/02/21/falklands-petrolera-navitas-organiza-los-obradores-de-operaciones-para-el-2025?fbclid=IwAR2W3OF-qsz7Z-dVKos_Ds7pmUJDSZglMoV0Cs4PiGeKqSZ6kXe0mgL7RCE