The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Now it’s all about Trust , do we trust the board to act in our best interest !
To me this has now become a very difficult investment , Can Berwick or will Berwick put aside his own interests ATOG ect , be more transparent in his dealings with us , because let’s be honest , telling us about drills that might be available next year , doing highly complex deals for finance ,that we lose out on , makes me wonder if he is up to the job ?
You stated in a earlier post that I listened to Tiburn and was in someway mislead by him ,I did not listen to him and was not mislead by him !
As I have stated My Mistake , and I do not blame anybody else for it was backing a board who lack the confidence to invest in a company by buying shares in it themselves !
Curious99 Thanks for your input , but Contrary to what you might believe , we are not all a load of sheep and just do what anyone might advise us , I can assure you I did not just listen to what Tiburn had to say , or what you had to say , I think you are far to obsessed by the man , my problem was listening to the board !
It’s true that there were warning signs that we chose to ignore , but we can only go by what information the board chose to give us !
Looking back at the information that was made available to us l believe we wore deliberately mislead by the board !
Lesson learnt here never invest in a company where the board have no skin in the game !
It can go down far enough for you and anybody who has there money invested to lose all of it !
The word is DS is Toxic he filled his pockets then left the company , he New what was coming !
Nobody will touch him now !
This company is going only one way ! Down and out !
Clearly we have been ripped off by the board!
Ratted out ,sold down the river, call it what you will !
This was clearly engineered to play out this way !
They have no integrity and are scum!
Santon and Berwick will end up £££ in !
I hope they chock on it !
Okay . I was being conservative in my 20 p estimate , where as I agree with what you are saying ,I believe once Mike starts to drill Heron 1 people will see the potential here , Heron 1 will be followed by 2, 3, and 4 and with these as a foundation on to bigger things !
Of course none of us can predict the future but 20p June next here I think so !
It might be of interest to you to no , I only invest in oil and gas exploration company’s and they tend to do incredibly badly , for years in my experience , but I don’t need to tell you how they can go from Penney’s to pounds , as some did that I bought in a little known company in 2009 GKP bought at 13p sold at £3 !
Will this happen here ? Who can say but 20p June 2020 very realistic I think !
Best of luck with your investing !
Looks like it is a shell company to me , started to benefit the directors in someway , they will probably close it down .
I don’t believe for one minute we will have to wait 18 months for 10 p , once we get news on financing , the licence agreement and start drilling I believe this will fly, the share price is where it is because of uncertainty about these issues! Once all these issues are resolved ,which I believe they will soon be this will be 20 p , after all everybody wants Heron 1 drilled ,we know there is oil there , and where there is oil , there is money !
I think where a lot of these company’s go wrong is by giving definite dates , such as 30th November , they would do much better by being more vague ,that way share holders would not be so concerned when target dates are not met!
Better to say we will have a drill available in second half of 2020 , then if they can start drilling in first half 2020 ,all the better !
Skittish I can see you have done a great deal of research and while I think it is all very interesting , it dose not change the fact that we are not actually drilling a hole at the moment , we do not know for definite when we will or if we will get a drilling rig , we were told that the company would no by the 30th of November !
I think we are due an update from the company as to what is happening !
Yes that’s true , but do company’s always to what they are supposed to do ?
I think the company should know by now when we are likely to get a drill after all they did say they would know by the 30th November , possibly they do know and do not want to give us bad news !
As to ATOG I think this is nothing to do with us and is just two guys lining their own pockets !
As to me I am fully invested here and remain so until I find out what is at the bottom of the hole !
Time to replace the board ,or bring in someone who , has a interest in turning this company around with some new plan to kick start this company ,or has some interest in the share holders !
And stop taking a salary under false pretences !
Doesn’t look like we have a drill , the company would have known by 30th November , and if it was good news would have let us know by now !
Yes I do believe this is well within reach , and is my target to start reducing my holding here , Mike has things well in hand ,I believe he will have Heron 1,2,3,4 ect, very quickly in place , with the help of the government ,Chinese and quite a lot of people who will be backing Matd and want it to succeed ,with these wells producing oil ,then on to the bigger stuff ! But for now $15 million not much for four wells producing 250 to 500 barrels of oil a day each ! Mike seams like a guy who knows what he is doing !
Obelix. I think you are referring to, Value the market podcast 020 , interview by Stuart Langelaan , of the 12/09/19 !
There is also another one value the market 027, with Mike Buck , 28/10/19 !
This is a no brainer , 50p by June 2020 !