Tim Watts, CFO at Shield Therapeutics #STX presenting at our Life Sciences Investor Briefing Watch Now
Interview with David Neuhauser at Livermore Partners. Jadestone c 6:30
Block has announced that they have appointed William McAvock as CFO and importantly a member of the board. He has plenty of experience and enjoyed senior positions at Gulf Keystone which would give anyone the experience for Georgia. Appointing an experienced CFO to what is a good quality board is a wise move and hopefully he will be able to add much in the important coming months.
I met with Block CEO last week as I hadn’t seen him for a while and like others had been confused by some of the recent announcements. The 16a well at West Rustavi in Georgia came in with exceptional test rates earlier in the year and was shut-in due to a shortage of storage locally which has since been sorted by leasing at a facility owned by the GOGC. As I understand it the well will prudently ramped up whilst enjoying excellent net backs of some $35 pb at $65 Brent and whilst achieving production rates such as were found on the exceptional test is unlikely, time will tell on the correct rate.
More recently the company announced that a rig had been mobilised to the site of the well 38Z still on the West Rustavi field where a horizontal sidetrack is planned. This well is updip to the 16a well but both are targeting the Middle Eocene formation and will be followed by three other wells across the field. As previously announced the company are in the process of acquiring a 3D seismic survey to accurately establish the optimal locations for production.
It would be fair to say that recent communications with shareholders and potential investors has been somewhat patchy and the company are determined to get back any lost ground. Today’s RNS starts that process and it is worth noting a new IR comp on the ticket, other plans such as hiring high quality industry specialist consultants is also in progress. Finally, Wi th it’s placing above the current price the company are determined to do anything necessary to regain confidence in the company the share price, I will give it the benefit of the doubt due to its high quality assets.
re....Malcy interview last Wednesday, as yet no feedback assuming it happened
I just twitted Malcy re interview with PH and this is his reply : “I’m back today so will write up and publish shortly!” Hopefully shortly mean this week!
...presumably you saw this?....maybe not...which might explain your rather jaundiced comment...(benefit of the doubt always given....though not always merited)
re..J.udging by the way Mr Mkt received what seemed a pretty good outturn from LTG this morning....
and Kape this mng....
RE: Excellent results and sell off, down to 12 month low?...https://www.lse.co.uk/rns/KAPE/kape-technologies-half-year-results-637bj3ddbw8aqkq.html
For record..I am a long term investor here.....with an average way below where we are now.....and I have taken a good profit so I am really in neutral commenting in this place.My own view ,fwiw.....is that it is now 'show me the money time'.Nothing at all original in that....but I merely state it..so as to cut through the sometimes rather hyperbolic /over emotional comments...no more no less.
Judging by the way Mr Mkt received what seemed a pretty good outturn from LTG this morning......I'm not holding my breath....I much prefer to be pleasantly surprised rather than hve over extended expectectations.
re..JW went out of his way to tell people not to sell, Not to buy either, Expected a few % drop but he does say not to buy in a riser SP, But then when he bought safestay, the rsi was over bought, he was telling people to buy.
(I do like the bloke)...... but he does look after number one......lol.....WHAT DO you expect??
.....he must think that everytime he puts out a video recommending this that or the other....the latest spivvy gismo etc.....that Christmas has come early;).....imho...he is considerably worse than the proverbial tipsheet.....I hve no axe to grind here at all as I hve never ever acted on his 'advice'...but would urge everyone to DYOR...its your hard earnt!
Saudi’s oil supply to the world could be cut in HALF as production of FIVE MILLION
Saudi Arabia's oil supply disrupted after drone attacks: sources
Saudi Arabia’s oil production and exports have been disrupted, said three sources familiar with the matter, after drone attacks on two Aramco plants on Saturday, including the world’s biggest oil processing facility. One of the sources said the attacks have impacted 5 million barrels per day of oil production — almost half the kingdom’s current output. The source did not elaborate. Saudi Aramco operates the world’s largest oil processing facility and crude oil stabilization plant in the world at Abqaiq, in eastern Saudi Arabia. The plant has a crude oil processing capacity of more than 7 million barrels per day.
Six years ago, President Xi Jinping became the leader of China and the head of an economy that is crucial to the rest of the world.
This third film in the series explores the growing tension between China and the west over allegations that the Chinese state has engaged for years in large-scale industrial espionage and hacking to steal the west’s business secrets and technological know-how.
One former US official has described it as the 'largest transfer of wealth in human history'. China denies the charges – but growing anger in the US is fuelling the trade war with China.
According to Reuters, U.S. hemp sales are expected to reach $1.9 billion by 2022. So a reliable hemp supply chain in the U.S. means that we’ll likely see more hemp-derived products hit the market soon. That could, in turn, help to drive ongoing demand for hemp.
And with pot still federally illegal in the U.S., hemp-derived CBD is the only legal source of the substance today.
Weed’s a trade war winner, indirectly at least.
And the success of hemp farmers in the U.S. brings us another step closer to broader legalisation.
Marijuana: Trade War Winner
U.S. markets received fresh hope following last week’s news that the U.S. and China plan to hold another round of trade talks soon.It’s too early to predict what will happen. But it’s not too early to predict a major move for one particular type of investment strongly connected to the trade war: cannabis.
Yes, that’s right, cannabis. Let’s unpack that prediction for a minute...
You might be surprised to learn that pot has a connection to the trade war.
You see, Chinese consumers are big tobacco smokers.
In fact, there are more smokers in China than the entire population of the U.S. Think about that. It’s as if every man, woman and child in the U.S. smoked. As a result, it should come as no surprise that American tobacco farmers export most of their crop to China.
But lately, with tobacco export contracts being slashed by Chinese buyers, American farmers have been turning to another crop to hedge their bets: hemp.
As a reminder, hemp is a variant of the Cannabis plant that doesn’t get you high. It can be used to manufacture everything from rope and fabric, to plastics and insulation. Given its history in America, hemp is almost as American as mom and apple pie.
Some of the Founding Fathers grew hemp. And some think the original Declaration of Independence was written on hemp paper. During Colonial times, you could even pay your taxes in hemp!
Hemp fibers are incredibly strong, and they were used to make everything from rope to textiles and paper. We’ve found many additional uses for hemp, including using it to make super-strong plastics.
In the 1930s, thanks to the invention of new agricultural and processing machinery, hemp was touted as a potential “billion-dollar crop” that could be used in 25,000 products, create thousands of American jobs and reduce foreign imports.
Also in the 1930s, Henry Ford built a car out of hemp-containing panels, declaring them 10 times stronger than steel. He even used a sledgehammer to prove its impact resistance.
Hemp’s wonderful future never came to be, however. Hemp got caught in the federal effort to ban cannabis, despite the fact that hemp does not contain appreciable quantities of psychoactive THC. That’s what produces the mind-altering effects of marijuana.
But hemp is different...
Hemp only contains extremely low levels of the THC found in other cannabis strains. It can also contain high levels of cannabidiols (CBD), which have wide medicinal uses. In fact, we’re probably just starting to scratch the surface when it comes to CBD’s health benefits.
The passage of the 2018 farm bill officially legalised hemp at a federal level in the U.S., meaning that farmers are now able to purchase crop insurance on hemp, transport it across state lines and find a commercial market among manufacturers.
It’s not just tobacco farmers either — although they’re likely taking on hemp farming at the highest rates — grain farmers struggling with Chinese tariffs are also taking a c
lol....good analogy..take your pick..
re.P.lums account is mostly correct. However the answer to the question about cash is wrong. Dan didn’t say there is absolutely no need for a placement.
hmmm...so is this now degenerating into a 'He said/She said...yes he did/no he didnt....'conversation?
...a casual observer could be forgiven for thinking that you are standing there with a long handled spoon stirring the pot.....
ok...before we start getting hyperbolic here;)...
https://www.linkedin.com/in/kirk-siderman-wolter-ba7282/?originalSubdomain=uk......seems pretty straight and down...even borderline impressive....
.....so lets assume someone has a periphry involvement in a 'charity'..which turns out to to be less than kosha...(happens all the time)...see..https://www.cambstimes.co.uk/news/police-chief-resigns-as-patron-of-cambs-group-being-probeb-by-lottery-1-5894513..
and then resigns'abruptly' from an unrelated business.
Defenestation immediate and complete.
Is there a problem?