The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If is a confirmed discovery then why have they not booked this as reserves? It would have far greater value to the company. Is it a case of they need to flow test before they can class it as reserves if so then they will need a good reason not to flow test in Feb. They have the money to do so it can only be a lack of confidence that it would flow
What a bunch of clowns getting paid and gambling with everyone's money. sold tanz for a song to focus on bio gas now wanting to sell the asset that they procured on the co. direction change. i say vote no they havent a clue but want the pay cheque
Sorry for all holders, can't see this surviving if the oil production was damaged ok the jv and credit facility would still be in play my guess is that the issues have not managed to be overcome and I see this going into admin
You may not have been wrong, I can't see it differing that significantly over the distance between drills. My guess is that there were no shows at those depths and therefore no report. Also look at the share price action over the same period these things tell a story
In the video after the rig broke the ceo stated they haven't drilled into any targets. The issue for me is you look at the presentation and some of the perceived targets (read across from the last drill) look pretty shallow. Not a drilling expert but at the half way point of drilling I would have expected some targets to be encountered. So is she saying this due to target failure or does anyone else have any ideas why he1 would not have reached some of the targets as yet
It could be forward selling but at what placement price 6.5? If it is they will take it down to there and hold steady until its done. If an egm is required and the vote is no we get a squeeze in the opposite direction. On the other hand I have also seen what no1plasterer has inferred many times. Time will tell
The difference between the bought and sold volume equates to £190000 more bought than sold and this is a dropping share price. this along with the 276K late reported trade on the (16/17th cant remember) indicates that there is some type of churn in the background. if there is a placing then what price would be given to the investors ? 6p... not sure but i would be surprised if it was below there if they are placing