The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Heavy Sweet were paying TOM for permitting and gov relations assistance. Infrastructure was also going to be located on the TSHII site.
We can sit in hope that the approval of permits and funding for the initial wells can evidence the area and TOMs funding is a matter of when and not if going forward
Pull the other one, Stock.
2 months beyond the expiry of the option, they still can't provide a timeline on when they hope to regain exclusivity.
They've also negated to state that they hope funding will be completed in a certain timeline (Easter '22, Q4 '23 etc.)
Mr Potter will stuff his coffers for a few more months until the game is finally up
The 'keep the lights on' financing from Matthew Jones tells a story on TOM.
£100k in October (for Nov & Dec) / £50k for Jan
He's either of the opinion that overall project funding is close or he's giving up the ghost. I imagine this month will give us an answer one way or the other.