The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The problem I have with AB is that he never actually achieves anything re Company profitability. In his latest interview he uses words like " We will pull ourselves up by our boot laces" . Really? And when asked about costs to be incurred during the initial run up to June in BK he smugly says " where funds are required our partner will send money without question" Really.
Helpful it would be lovely ( and of course long overdue ) if we could make serious money in BK. What concerns me is in such a Country as BK, what are the chances of it being stolen or us being prevented from achieving our goals especially if it turns out a real money spinner. So I will not be counting my chickens just yet.
Banburyboy I know rich people do not give their money away but I thought that maybe Lenigas might have lent us the money to avoid the last placing. Seems no one believes in our potential.
News let me tell you how someone can sit on a 99 per cent loss. Initially I had faith in AB. I spoke to him a couple of times and he was very reassuring. I would listen to his project projections and it felt like we were going places. Alas time after time he failed to achieve any where near what he was projecting but I stuck by him as he always had something else up his sleeve. I mean my money is gone but even today people like you listen to him and read up around the projects and he comes over ultra confident. Just be careful and I really hope he gets a few things right for all.
Talkinto thanks for replying and I agree with what you say. I invested here many moons ago and am down 99 plus percent. AB in that time has not had a single success for us shareholders. The nearest he got was the mine that was stolen but it just seems all the projects he starts fail for a variety of different reasons. I used to think he was just unlucky but not now. He won't have his salary paid in shares to help out with cash but when you hear him talking in the interviews you would think he had created a world beating Company. Such is life.
Spec and what is this Lenigas fellow achieving. As you say we all do not know what is going on at these meetings. But what we do know is that often when AB does communicates something it never turns out positive or is a bit of spin. But we do have gold everywhere so we can only hope.