The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
What exactly are you smoking, Joe?
Nothing to do with NUOG. It’s a tactic a lot of big German conglomerates are doing to make themselves leaner and prevent being takeover targets by foreign (American & Chinese) companies.
LOOOLL! Yes I remember well, SBP. Claiming the allied forces were nowhere to be seen, Iraq was winning the war and America was being crushed. Then in the background you could see the allied troops advancing, devastation and fires lol. Mine along, nothing to see here. A very good analogy to our own “Comical Simon”, if you ask me.
I rely on factual information in the public domain. PCloud is a significant holder decimated by this shameful BODs lack of ability. After the recent placing, I trust nothing this company says.
Why do I stay invested? I’m waiting for a slightly better exit price, along with 99.9% of investors who’ve ever invested in this dog and it’s hapless ‘leadership’.
Mcadder, pCloud already posted yesterday that Faroe have confirmed decommissioning of ketch & Schooner as P&A. It’s available online to see. LT confirmed these were the two target GTW fields he was told of when an insider. By your own post and in GS’s own words there was no guarantees negotiations would conclude successfully, they haven’t and yet another venture slips through NUOGs hands.
You will never get transparency from this company and no doubt they are pursuing other “targets”” but there is a severe capability and credibility gap which gets worse by the day. It’s no wonder Simon is having to scramble to appear like things are “progressing” when in reality for every top up you make and new punters get drawn in by twitter rampers (fraudsters), just as many wounded, misled and disillusioned LTG’s scramble to get out.
Either that or a LTH seized an opportunity to sell a chunk at the best price opportunity they’ve had in months, and who could blame them!
Barry no offence intended, my remarks were just tongue in cheek.
Electric fracking you say? For heaven's sake don't give NUOG any more new things to "scan" or "explore opportunities" for, please! ;)
Top up for what? Seriously, this company needs to start proper communications and explain what it's doing with the money it continually syphons from PIs. The proactive interview was a start but it's got to be backed up with steady newsflow around progress. They've now got a small cash injection to keep the lights on a few months more so it's now or never but I'd be extremely cautious about topping up in the absence of the likelihood of material developments or clarity about how any deals (which feels like a miracle at this stage) would be structured to the benefit of NUOG shareholders. GTW feels like another pipe dream at this stage if you ask me.
just never gets any better here, does it? NUOG NO NEWS
Apparently the jungle drums are beating that one of the lth’s has been rushed to hospital (not sure who) but it down to the strain being placed on them and their family (what I could surmise from the other board). It’s times like this that gives you a reality check and to put things in perspective. Gods speed whoever it is and that you can get back on your feet soon!
SBP, I honestly hadn’t seen your post before I responded to QT but you got it in one!
Nasty dose of reality about the “new” regime right there ...
Disappeared along with the RNS statement that a preemptive placing wasn’t required , QT. I’m afraid GS hasn’t covered himself in glory since the AGM.
Nice to hear your optimism, Macadder. However, you’ve joined a list of esteemed holders who have also held such faith and bullishness. Now they are silent.
graybird, how much longer are you (and what is the point) in just repeating the same old thing about printing shares, raising more cash and drilling holes. Sureley if you believe that then simply sell up and move on. Why remain here, annoyed with yourself and wishing you'd sold out before the appraisal results. You didn't! That was your choice and no one elses (same as me btw). So grow up, take responsibility and move on.
Anything happening here? 2 - 3 years for development you say? Well done on winning the "kicking the can down the road" award, now we can all go back to sleep - welcome to NUOG NO NEWS!
Sharelock, no one is putting up any money that misleading. The collaboration agreements are nothing more than mere right of first refusals for services?!?
EkXoc, I understand the point you are making I really do but I just doubt this companies ability to get a deal over the line in a time period I can measure in my own life. They have been dangling the carrot for too long and GTW is the latest in a long string of ventures or should I say escapades this company have embarked upon to no avail.
OK, that makes sense. I had guessed that you would have to crystallise the loss but couldn't understand why someone would be then buying back into it...
Makes no sense...don't you actually have to crystallise the loss and sell out before you can write off for CT purposes? It's about as daft as saying you're expected to pay tax on a paper gain?