The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
And I like the detail from DM yesterday of cutting an 8.5inch diameter hole down to 2000metres. This is not a pin prick like last years attempt but a proper gouging out of the rock bed.
A further derisk for this seasons drilling programme over 2021.
Sirius was a different beast to He1. What sank Sirius was the CAPEX to get the mining operating. The CAPEX to get He1 into operation is well understood accountable and costed with payback expense to cover CAPEX approximated in a mere 12 month period.
So the risk with He1 really hangs on the discovery and risks after this (whilst still there) are the thinner end of the risk wedge. Enhance data, improved drill rig and more acquired knowledge over 2021 means to me that the discovery chance for 2022 is also derisked. Sure still some chance of failure, but if you want zero risk still your money in NS&I saving earning 1.00% APR and see it get eroded away with inflation.
Smallfish bigpond, not gonna disagree it could be a rouse for a raise. Depends if there's enough in the kitty to fund the drill programme he has in mind?? Not that I have a problem with this, last raise was oversubscribed and the SP lifted well above it during the drilling campaign that followed. Its a means to an end.
Regarding Ian talking to end users, I disagree on any notion that it should not have happened prior to discovery. I work in R&D biotech industry, you always get your market facing end user engaged to sell ahead of actually being in a position to provide the new service and/or product. It shortens the path to market. Quite the contrary, I'd be annoyed if Ian wasn't talking to end users last year!
In his interview today, why would DM state exact bore diameter (8.5 inch) and drill depth (2000m) and timeline (Q3) if there was a prospect for us NOT to be drilling in 2022?
Its gonna happen guys - hold strong and long ;-)
I missed Trek and his £5 deramping signature. Although I never understood why he low balled the future value.
Agreed ignore the crazies predicting £5 share.
Derampers! We'll be worth more than that in a few years ;-)
Lol a join up with Noble.
I can imagine the board room negotiation already - like a scene from the movie Highlander.
David swinging his broadsword taking Noble Helium's CEOs head clean off his shoulders screaming "there can only be one, Helium One"
Maybe Turbot. That was until you gave it a kiss of death ;-)
Where's Trek Madone? Miss his £5 sign off
So frustrating that BMN share price seems to be so linked to commodity vanadium prices. We are more than just a company of "stack it high and sell it cheap" operation.
Aren't we meant to be the vanguard of the emerging VRFB market? When will see the BMN share price get coupled to the growth and positive developments of the business?
I'd prefer an after trading hours RNS with our rig confirmatory news on 31st March ;-)
That's exactly what I've done the 0907h, 17404 listed transaction is mine. Its stated on this LSE site as a sell, but its definitely my purchase. Shows how misleading the buy and sell assignments are on this share trades reporting
To get us really rocking into the weekend lets not wait for Dutch Rig, roll out Butch Vig!
"Pick me, pick me yeah
Everyone is waiting
Pick me pick me yeah
I'm really good at hitting"
Have to say, the SP reaction after the final results and AGM is disappointing.
TRX is got the bit between its teeth now on its 4S's as Danny put it. We're going into the black on profitability and any suggestion of a further fund raise/dilution has been soundly beaten off.
Great time to top up, because our next set of updates will be continuing to show the growth and excellent return TRX will be making for its shareholders.
If BMN were Scottish, an appointment of NED would be a very different.
It would see a young chap wearing a Burberry baseball cap, Rangers or Celtic top and tracksuit bottoms tucked into his socks. Arrive swaggering into his first board meeting swigging from a bottle of Buckfast proclaiming to Fortune Mojapelo "Do ya ken you're pure dead brilliant by the way"
No idea what he/she/they/it are saying other than I can see three green filter stamps on the chat, so inevitably still pursuing the deramping agenda.
Hope you're enjoying your personalised negative sentiment echo chamber My cynical. I assume your rotting tomatoes now to lob at the directors during the forthcoming AGM?
Can't be doing with the "I'm so much more knowledgeable than you" and "I'm more invested than you" attitude trying to belittle other investors here. All investors have researched the company and like the product demand, understand the market need and see the company transitioning from debt into profit.
This is a positive RNS announcing increased reach and ambitions to grow the product marketing platform. It should be considered a positive move.
Into the green filtered bin for you Mr Cynical. Save your breath for your own depressive state echo chamber.
Paul, probably better to look at the MCAP rather than SP comparison over the timeline since additional shares have been issued.
Thing I like with this announcement is it demonstrates the market reach for TRX products will not be limited to Texas or US localities which is a previous criticism I've heard levelled at TRX's product sales. This gives the international reach of markets for TRX to sale its products into. Which will inevitably drive up sales and boost profitability.
Lets see the Bank of England put the central rate at >15%, which would put the squeeze against rampant inflation.
It'll also see the end of debt fuel house price growth and teach folk to save first then buy. Rather than the take, take, take and gimme now attitude in our society's excessive consumption.
What's not to like?