The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Really not.. It will take 6 months to go to appeal and could be a public enquiry which would take 2 + years
The Fat controller is out of control his game plan is fooked and has been for 3 years
Handed on a plate to him this time.
TIMBER !!!!! Its over for UJO... at WN
Cash burn........ beyond
Wonder how long this placing money lasts.....
and the market is telling you, he is about to destroy this company.
There has been no good news since 2020, even with all this ****e that WN, Biscathorpe, and Wresttle are some of the biggest onshore discoveries of all time.
Even with POO at $80 the SP cant get a lift. Even the Fat Controllers **** is probably limp and cannot get it up either
We have a colleague based in OZ who has done some research on the pit, the location and gained historic data from the surrounding areas and geology and has summed up the following
" this is one of the largest ever mineralisation finds in the area and probably the largest ever find globally of copper /porphyryl
Work this out ... this could be valued at more than $100m
But now needs more. How long until he needs to fill his fat belly up with the next placing
" Oh we are fully funded for the foreseeable future"
The problem is that his belly is so big, that he cant see further than the top, so the future may be BRIGHT here, but Dave cannot see over the other side !!!
Seems that the Fat Controller cant even pick a number now for how much he wants to raise
Turmoil persists and the market keeps whipping the SP
He is out of control and now its time to call an EGM we think to remove his fat carcass from the hot seat.
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Smaller equity raise that will last him, 3 months, let the noise die off and then come back to the market for more for the acquisition
The Fat Controller has killed this company with all the leaks.... etc
We all know that more money is needed down the line, so this will keep a lid on the SP, irrespective what ever good news the FC bleats !!
this time and the time before
Splurging from his obese belly, the latest comment from him is " verbatim" Indeed, as the figures above show, Wressle is throwing off cash and growing rapidly, apart from WN is investing in Biscathorpe which has the potential to be a highly profitable yet green development and will make another part of what is fast becoming a fantastic and valuable portfolio. After all, drilling, production and investment, what’s not to like?
Alzheimer's springs to mind !!!! he is at that age
These are the questions that need answering before the City can value this company properly
From their last results, it shows some traction, but there is a lot more to do before the true valuation is found
even a secret to himself.... the most self perpetuating stock in the market , and certainly the leakiest
Well done DAVE, you have come up trumps again as you get out the begging bowl again !!!
A very good source ......
All is not good on the farm ......lots of unrest... production targets not being met....
Legal claims being issued left right and centre
How long does the money last from the last raise !!!!
back to the placing price !!!!!
Is my screen not updating ??
The issue with the T1 bank was that they were not interested in lending to VAST whilst they had any business going on in ZIM.
Seeing that AP is trying to get the diamonds back and still jockying for position in regard to agreeing a new mining plan with the ZIM government, no bank will lend Vast money until Prelea stops trying to do business in ZIM
Unfortunately Prelea is addicted to ZIM, and has been told by various people to walk away from doing any business there, he just doesn't listen
He just cannot concentrate on monetising BP, rather than spending money they havent got.
He is a real chancer, just going to dilute VAST more and more and more
So if the mine is that good what the fook do they need AP and his cronies for.
Other than more dilution along the way
Watch as this goes, i can see it now " we are raising funds to ramp up production "
very little free float - Main list in 4 weeks time, and no liquidity.... means one thing
Buyers and the market scrambling for stock when it lists
Warrants sellers finished, this should be nearer to 15p than 3p
The market will always undervalue a share of this nature