The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Eurochamps6. Ofc. It's overcoming the formation damage that's the issue.
I think it's these types of CEO's that give AIM and Junior companies a bad name. Complaining that the market undervalues the company is a fault of the CEO not the market. So far there is nothing to give a valuation to. It's just been a series of drill and dilute drill and dilute with nothing proven. No gas flows. The formation damage if greater than 60" (5ft) is a concern. Anything beyond this and the wells will not flow. BCE had 3m of formation damage 118". Well beyond 60". Therefore successful sand jet is not a given.
Gus, 50p is £350M mcap..not without question pre production..although probably going to need to be drilling as that is what excites the market. Success on the drills 100p
Rookie,, Mr Calgary has cornered the market with his 10% holding and is still hungry for more. When news drops there won't be any shares. The buying of any now is just going to push the price up. There's no sellers. Rise on farmout to 10p is what we are waiting for.
This deal must be ready to announce...offshore farmouts in under explored basins are in at the moment. Oil companies investing in new basins in safer regions attracted by the low break even and huge profits from higher production. BOR's licences ticking all the boxes...This deal will be a biggie due to the prospects.
That's what I'm thinking.
Any theories why we've not heard from the new CEO
That £10k buy looks as if someone has heard something and wanted in first thing Monday.
Be nice to get a bump up this afternoon and break 3p.
MM's trying to keep a lid on it. All the smaller trades are a way to get shares without buying in a huge single trade. The buyer is trying to accumulate without sending the price up imo.
It comes back to the reason why the company was allowed to exit the TPS process? It needed to survive to deliver future contracts for clients.
750k @ 2.8p looks like a buy.
Will go to 1p. Market always gets whiff of news before anyone else.
Not many selling here at this low price. Just a buying opportunity. Contract news can land any day.
Politics are good. The new president Milei needs to obtain the UK's vote of support on the IMF board regarding their economy. Milei also has not joined BRICS (Russia and China), in favour of closer trade relations with the US and wants a trade deal with the UK. Equinor are also drilling a well offshore Argentina in April, Argerich 1 well targeting 1B barrels. The new Argentine administration respects the Falklands Islanders decision to remain British. Although, they will still bang on about it as you'd expect them to, for their own popularity.
You will find out soon.
£83k @ 3p on Friday. Just one of many recently. Watch it go up next week.
BOR have a deal lined up. New CEO is a capital investment man in oil and gas. Huge buyer hoovering up shares. None of it is coincidence. From it low value it will 10 bag.
You seen the buying in BOR. You get bigger trades there then you do at RKH.
It's amazing how this share goes unnoticed, especially when we have a big buyer hoovering up shares. Large buys get reported after the market has closed, therefore hiding the buying, which is quite astounding..I'm sure had the 2.7m at 3p shown up at 12:38pm it would have encouraged others to buy and the price would have broken 3p. The Falklands is gearing up to be a new oil province. More buyers should be coming in for this. Mr Calgary has inside knowledge and wants all the shares.