The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
As part of due diligence, EQT ensured that KIBO has access to the £3m and more. It has substantial assets to use as collateral.
The £3m agreed, excludes the property.
Proactive interview being recorded today.
Uranium
MNRG currently has a 10% holding in the Uranium mine. They also have an option over the majority of the shares - this is in abeyance pending reinstatement of the mining licence by the Govt. That is my understanding from the listing prospectus. RG sounds very positive that the Govt will indeed wish the mine to restart.
There's no need to look for another elephant in the room when we have Atlas. We know they have another £50k to forward sell....
Kev, the charity will hopefully have taken the long view :)
MIB
Were down in the 6s because we were close to bankrupt. So Atlast had to be used and that means they rape us. Atlas convert loan to shares but they do not want to ne exposed to WRES beyond the loan. So they sell the stock. Rinse and repeat. The relatively low trading volumes has made all the more painful.
Only £50k to go.
Look on the positive side, we stand a good chance of getting some of our wealth back next year.
Double the placing price in the next 12 months would be most welcome indeed. At some stage, the market will price us on the basis of contracts delivered and the prospect of substantially more to come. For now, the jury is out.
I do remain confident that DP will have delivered.
Amit
It was a superb post.
I GUESS it has been deemed to be potentially price sensitive information. I thought so when I read your email. Basically everything is on track, including increased working hours?
Surely it's all about tonnages from hereon? Other matters have to wait for the cash to flow inwards on a net basis.
Wonder what a fully operational tungsten mine would be worth in mainland Europe
https://www.londonstockexchange.com/news-article/MNRG/holding-s-in-company/15115674
185 tons (: