The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
AIMO. Just connecting the dots from the recent RNS, and the number of shares already in issue.
The BOD has made it clear the results are going to be positive, will need to be to justify the 1m placing.
previous Rns that is
I don't get why they burnt money by buying back shares and releasing the RNS though.
for typical AIM share, drop before the major rerate/rise, seen it happen many times, SOLG, GGP etc probably to let there friends in. Hopefully the same here. wouldn't be surprised with excellent drill results and the herd will pump this b!@&h. Still i could be wrong.
Buy low sell high lol
Nothing to learn that's not already known about AIM. You cannot predict the very best price to put in, no matter how much you observe the market. Some p!$$ poor shares rise on nothing even after placing and on the verge of collapse when some shares with great potential have the opposite result. Just follow the hype/herd, quality of company doesn't really mean s*!te unless paying the longer game. My average is very low thank goodness.
if I hadn't already a large stake in here (for me anyway) a few months here and there isn't an issue, i would have probably timed it better and got in now at bottom price before the herd and maximised my profit. Hindsight would be a beautiful thing
The real Interest will build closer to when the scoping study is released in Q4. I'm not that active on forums but people are aware and excited judging on the other chats, so believe they're just timing it. I will top up in next couple of months, but like many others feel have a little time, so will wait for other shares to profit first.
GodWilling, I understand why you've made the comparison with this and bzm, as they both shot up together the same time last year. However, both completely different kettle of fish.
I think the reason why Andrew W specifically asked if anyone knew of any other potential in the DEVELOPED world is because it is less risky for investors and more appealing to major companies looking to JV and Buy out junior minors. Another major factor and benefit to a minors success, is that the infrastructure is already in place in ther developed world. Sadly, this is the major downfall of bzm along with the usual lack of funds etc. The mine is a cracker but sadly, it would cost Billions to build the roads etc, develop the infrastructure (which they will never have even if negotiating with a corrupt regime) before any success with that mine.
Hence why companies like GWMO and EUZ are no comparison to a lot of the tripe on AIM, and because they've not been over inflated in price and under 10million mcap makes these a unique very profitable opportunity. In my eyes anyway.
P.s. This is dodgy AIM so pretty sure it'll get pumped one day and spike poor investors in future. God knows when. Just make sure you pull out then, or even now and put into something else depending on your risk appetite.
that's one other* that will have drill results and several decent game changing news.
I can only think of one corker in the developed world, under the radar that will re-rate in Q4 ;)
I'll see you guys there too. Oiltap will you be present since your one of the most excited on here
Its funny how other shares get pumped to s**t with CEO constant lies and then dilution, suckering in poor investors. Especially when EUZ and a rare few others are the opposite. Already funded and new BOD etc. Oh well, Scoping study should bring the herd in. Nice steady rise expected before then should be nice.
Could be a number of reasons it was sold on, other projects, management, finances etc.
Thing that sticks out for me is the previous drill results only showed half of what the new JORC indicates (even that was impressive). Now we have several billions worth of metals and additionally with millions ounces of silver, so obviously looking to me economically viable, especially with Zinc and Lead hitting an all time high this year.
I believe the new management, this is going to get into production and the scoping study will prove this further. Win win situation if JV or sell on, at this ridiculous low mcap it certainly does look positive here in the short and long term. Waiting for my GWMO to come through and will use that to top up again here in the next few months iA
Check out europametals .com, quite a decent website. A lot of AIM listed minors have poor websites shows there lack of enthusiasm. These boys are on it, shows commitment. Happy to be invested.
I'm not taking the share buy back lightly as a lot probably are as it isn't a small thing. It shows a heck of a lot of confidence by the BOD that the share price is only going to go up. We can now get more cash when we do need the funds when issuing more shares in the future. I presume BOD must know the results already and they are positive, aimo ;)
I agree. to me so far the new BODs are committed to succeed in a real efficient way as they believe they have a world class asset. Placing price was not great at all but good for me to keep topping up. What choice did they have when JT sank the share price to an all time low and left us investors cautious. Old news now, new team are going to smash this out of the park. All to play for and a lot of momentum potentially. Just waiting on the stream of good RNS.
Smarlet A lot of AIM shares do that, personally don't believe that's the case for FCR. No consolidation for at least a year or more. It's clear that they have enough money to add real value to the share price, and at such a small mcap. Easy multibag through the planned work, such as the extended strike drilling, Scoping study, improved jorc and on and on. Plenty of upside sending the share price north. Need buyers of course. Dyor
okay grandad lol