The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
who in their right mind will throw more money at this without knowing that there wont be any further costs incurred !! "no win no fee" i'm sorry, but i read that as no fee !!! - now i'm being told that the more money i have lost in this ****e show, the more money i have to front up for feeeeees !!! - this stinks to me !!!
Is there an independent method to obtain confirmation as to whether there have been any LOI submitted, or are we, yet again, at the mercy of the company announcing this via RNS ? If the latter, then I'm not holding my breath !!
Morning All...... Yet another blatantly scandalous RNS this morning I see...... This will never cease to amaze me, although I should no longer be surprised with this lot !!!
Although there are many questions us shareholders want answering, can I suggest that questions posed to, and invited by the Monitor are kept subjective, and as punchy as possible. More importantly focussed only on areas that the Monitor has influence over which, unless I'm mistaken is with regards to the application to the courts for the sale of assets ? I have complete empathy with all LTHs being one myself, but this is a great opportunity to get some real action under the right authority, so we must remain subjective, removing any frustration and matter of opinion completely. Keep it factual and punchy, and maybe, the monitor will be able to act on the things they can act on, opposed to reading a wall of text and rants from disgruntled shareholders, for which the monitor can do nothing about.
I am having a hard time keeping my emotions in check here, like anyone. But now is the time to remain professional and focussed.
Here's hoping the timelines associated with this are not such that it will be unlikely to halt proceedings at this late hour.
"Can I as if anyone knows who is working with rbm and which members here are working together privately as it all seems a bit mysterious at times."
I've said it before... Stas would be an invaluable resource to the SAG with the level of knowledge and research demonstrated to date. I'd like to thank you for this Stas. The SAG could do worse than to bring you in to the fold in my opinion. Keep it up Sir, but not to the detriment of your health. I can sometime sense the elevated blood pressure reading some of your posts ;-) Understandably so, as my own is now significantly higher since coming to the realisation of a 6 figure loss because of this debacle !!
If this does go into administration. Remember the JVP were poised to sign on the dotted line after a substantial period of technical due diligence. If the asset isn’t worth more than the current level of debt, I’ll eat my hat !! However, what we are told and what is fact is, as we all know, not one and the same thing !!
Come on Mr Kravitz. You are supposed to be a highly respected and experienced man in these situations. Make sure you assign COPL its true worth.
What value will Mr Kravitz assign to all of our assets, and whether this will be a true valuation or yet another 'engineered' one in line with the company's 'official view' that the filed is worthless ? I for one will be keeping a keen eye on the monthly production results. Albeit probably under new future ownership. I wouldn't be at all surprised if the GGS upgrades suddenly start yielding dramatically increased production figures once all the dust settles from this outrageously hostile and strategic catastrophic collapse of COPL. There'll be no hiding this fact. As if we are to believe what all the official comms from the company has been telling us, these wells will never produce anything over what they currently are.... Just my opinion.
“I wonder why he wanted to use a slightly different name with COPL than the rest of his business interests.”
Can’t answer that question without using at least half a dozen strong adjective expletives !!
I was of the understanding that the reason the JVP walked was because of Anavio’s greed and unrealistic demands at the last hour when pen was about to be put to paper… So, if what is being said by the SAG in that Anavio are now being forced out, would this pave the way for the JVP to come back to the table ???