The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@Sharealot,
I'm sick of you whining at me for pointing out my observations of what the management of EMH are/aren't doing.
I thinknyou need to accept I'm here now and will be here for a while. There are plenty of self help meditation videos on YouTube you could probably benefit from.
Whining? I'm having a discussion with Tom about when we think the timing would be to buy shares.
Is someone a little frustrated with their holdings? Maybe you should just accept they're value is plummeting instead of shooting the messenger.
Tom,
For your own sake, you would be wise not to top up again until after the DFS. The price is going to fall a lot over the next week and continously until it arrives. I'm not even sure a DFS would recover the price to 30p anymore if it doesn't come this week.
I'm not even saying that because of my thoughts about KC. That's just based on the sp patterns of the last 6 months.
Yes Tom, I will always call out the BS and always point out the historic facts.
The less BS there is and the more you actually acknowledge the facts I point out, addressing them instead of changing the goalposts of the debate to talk about something else, the less you will hear of me.
Let us know about the private conversation you have with KC at the end of this quarters and how it compares with the one last quarter. It would be interesting to know if he changes his tactics of lying to investors now that everyone is fed up with hearing the same crap every year.
Non of what your saying justifies or explains why KC keeps telling shareholders about things he plans to do by certain timelines. Unless you think CEZ also told Kieth to tell investors 8 years ago and every year after that, that a DFS would be complete in a year, or that offtake agreements are in their final stages year after year. Or how final production decisions would be made in 2021 etc etc. I could understand how your theory that CEZ are pulling the strings of Geomet are true, but do you really think CEZ are forcing KC to have continuously lied to investors for 8 years, even though they've only been here for 3 and a half? Are you able to apply your critical thinking to that? I'm not sure how you believe CEZ have any influence over KC announcing when the DFS will be released or influence over forcing the company contracted in completing it to delay it.
Remember these timelines?
https://www.google.com/search?q=keith+coghlan+interview&oq=keith+coghlan+interview&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIJCAEQIRgKGKABMgkIAhAhGAoYoAEyCQgDECEYChigAdIBCDkzNTZqMGo0qAIJsAIB&client=ms-android-samsung-ss&sourceid=chrome-mobile&ie=UTF-8&chrome_dse_attribution=1#fpstate=ive&vld=cid:4c41bb47,vid:Jvr7rYwP9fI,st:0
Fingers, how can you say KC has been gagged?
He had about 10 interviews last year where he was ranting about the DFS coming out last September. Then he publicised again that in would be this quarter. Explain how that is being gagged?
And how is him losing half his holdings in EMH supposed to make him more motivated to make this thing work? If anything it would make him less motivated as he's less skin in the game.
You're F'in delusional mate
Gruntmachine,
I wasn't arguing if there was risk involved or not. I'm measly pointing out that this is not all a result of CEZ actions and the management of EMH have a lot of responsibility to bear. Are you denying this or just trying to distract from acknowledging it?
Righhhhhhht.
It wasn't CEZ who told us the DFS would be 6 months ago. It was KC.
It wasn't CEZ who posted an RNS on Xmas eve saying surprise, no DFS. It was KC
It wasn't CEZ who said they needed more time to write the DFS. It was the company KC appointed to do it.
It wasn't CEZ who said the DFS would be this quarter again. It was KC.
It wasn't CEZ who said theid post regular updates on the project this quarter. It was KC.
Stick to the facts.
This isn't the first company he's outsourced it to though.
He didn't even say why he changed the company he was using the 2nd time the DFS was attempted.
And if they do. Where are these timelines coming from that are effecting the sp?
If KC even bothers to say there's a delay on the very last day of Q1. Will people realise he lied about that 3 months ago when he said the same thing on the last day of Q4?
Do people honestly believe he did not know that there wouldn't be a DFS until the last day of Q4 and then again until the last day of Q1?
He originally told us last Feb the DFS would take 8 months. There's now been an additional 6 months on top of that.
It's the 3rd attempt at producing a DFS too. Does anyone realise KC has no idea what it takes to produce a DFS?
Just to summarise what's happened the last 8 months with EMH.
There was a small rise in the sp in the anticipated early Q4 DFS release because KC mentioned it sooooo many times. When Q4 came around it trickled down slowly for 3 months because it didn't appear and no one had the decency to share that until the last trading day of the quarter. At which point the price tanked.
A new promise Q1 was stated along with regular updates. There's been no regular updates for almost 3 months and the price is continuing to tricky down as a result. Its a matter of days before the end of Q1. Given the historical data showing the track record of EMH management there is a high statistical probability (not opinion) that there will be NO DFS this quarter. This would ultimately warrant another tanking of the price.
Anyone here sitting on the sidelines really think it's worth buying shares in this company prior to either a DFS release or the beginning of Q2 wouldn't be making a sound investment.
If sharealot really wants to argue otherwise, ask yourself how valuable his comments are.
Letting people who know the management of the company they may invest in are untrustworthy is being unmanly? So being a fan boy of KC regardless of his track record and wanting this board to be a shrine to those who want to suck his D makes you a Spartan then?
I sold up when the previous lie was proven at the end of the last quarter. After I'd previously believed many lies before that. Now I'm waiting for price to go back down to where it was when I first bought in about 8 years ago, so I can take advantage of the next rise. Either that or buy back in when news ACTUALLY HAPPENS.
FYI, THIS IN NOT AN EMH SHARE OWNER CLUB. THIS IS A MESSAGE BOARD FOR THOSE WHO WANT TO TALK ABOUT BUYING AND SELLING SHARES. So don't waste your time trying to tell me to get lost.