The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Brilliant post, thanks for your input....jeez. Truth is it is looking good, clearly you haven’t researched what the company is doing now and you are benchmarking against your historic bad decision and experience of what was a different company, we are just waiting on:
Colter update - one of the most anticipated drills in the North Sea
Badger - waiting on farm in updates (or other funding arrangements), license extension and appraisal
Indonesia - this has been well documented here, perhaps read the last few RNS’ on the subject to save me my time and if you can’t see the positive in it then you’re never going to.
“Just looking in” ?? - I sincerely hope next time you look in we have had some news on some or all of the projects above and I bet a pound to a pinch of sh*t you don’t ‘post’ here. You’ve trolled this share for a very long time...
Looks like its finished its job for petrofac, heading home to Montrose. We now need to work out when and what fraser well management charter to take the Ensco 72 onward from Hartlepool to its next location (Colter or Wick?!?!) I still think Colter is the clear choice.
a few decent (volume) buys going through CFEP Pushed up the bid so are taking any shares yet they are well off the top of the book for the offer, maybe filling an order.... would be nice to get a good day!!!
No patch I agree, twitter is just a side show and full of bs - I mean a few interviews would be nice, reaching out and interacting with the shareholders, while we wait for the news. The company could have perhaps presented the presentation to the shareholders rather than letting us stumble across it on the website and then get crap photos of them presenting via twitter . Also agree the PR company doesn’t seem to do much other than self promote and self endulge in their ‘fan base’ and lacks professionalism. The O&G seminar seems to have been a complete flop for everyone that presented, but there hasn’t been any update on how ADL was received. It dissapointed me that we went into that and hadn’t even updated the basic investor info on the website (I.e still states billions of shares in issue pre placing, etc) so anyone researching afterward could have been forgiven for being confused and that’s enough to put some off. Just think we could be a lot more polished considering the opportunity that we present, out of all the companies out there on the aim, ADL needs good PR so the market responds appropriately when good news does land.
We spent part of July and most of August at this level, uncomfortable and disappointing considering the recent rises yes, but the story hasn’t changed which is full of opportunity. I think people are just becoming impatient and having a wobble with a bit of a tree shake added to by the rig heading north (I still believe a better case to go to colter first, guess we’ll find out in coming days when it moves onto Corallians charter). We could get news on all sort of things at any time which should correct the price. We could certainly do with some promotion / marketing / media by the company if there isn’t news coming very soon though.
My annoyance at the SP dip is almost match by this website playing up again!
She looks like She could be heading back out to the rig position, maybe just been in port to refuel?
Lol, its turned 180, perhaps it is heading into G yarmouth first. Seems a bit werd to have gone 20m past to turn around but dont suppose it matters, its moving atleast
Well, seems the tug had eventually started to move and it look very much southbound towards Colter. Vessel destination says “great yarmouth” but its already past there....
On the license, thanks Boom. No reason not to go to Colter first now if the weather forecast north continues as it is. For me i could see the tough decision for Corallian yesterday, today its much easier and stacked in favour of Colter, weather (and subsequent cost escalation) risk much lower compaired to Wick...
For those interested, some recent and very good photo’s / videos of the rig on Instagram: https://www.instagram.com/explore/tags/ensco72/
Setting some alerts and switching off until something to talk about, this price manipulation is driving me mad. Great op to buy again and I wonder if thats the point, fingers crossed its to allow some II’s in, nothing else make much sense to me.
looking at medium to long range forecasts I personally can’t see the rig getting anywhere near Wick in the near future, where Colter is well sheltered and certainly easier. I appreciated there will be the driver to get Wick done in the early part of the crap weather season as chance of getting up there in December / January after a Colter is slim where due to the shelter Colter could be done, but I wonder if they will get the chance at all to get up - it must be being debated at Corallian. If they aren’t careful (and I am sure they are being), they could end up getting nothing drilled if the weather persists as forecast or worse they get to Hartlepool or even Wick and can’t get it back as costs will spiral. Every day that passes makes me more confident Colter will be first and Wick will be pushed due to the weather risk.
start to the day, wonder what’s around the corner. We really could do with some news to warm the shareprice up after yesterdays unjustified and annoying cut. That said, its nice to see one of my trades (from yesterdays bottom) in profit... sigh. Still no certainty if Ensco 72 will go North or South from current location when weather improves, crap time of year to be working offshore really. If South we could see Colter drilled in a matter of couple of weeks, if North then 6-8weeks to get to Colter (not really allowing for crap weather, would be good to see a P50 programme, wonder if that will be shared once first drill announced). Once jacked the rigs have fairly high weather criteria, bad weather in transit is the programme worry and its a long way from Wick to Colter, which is why I still think, despite all the noise, that Colter should be first and the shipping agent needs to do a deal between Corallian and Petrofac (who knows, this weather delay may be doing us some favours getting license sorted etc). Wonder if we’ll see a little markup once rig under Corallian charter, even if it is Wick first. Badger - waiting to see who we have rallied to partner with us / Eagle / Holywell on the exploration, lots of interest in North Sea now and some nice projects going so we must be of interest to quite a few other companies considering the potential and location Indonesia - well I think we are overdue an update here, even if on some of the softer items, so hopefully anytime soon! Would be much more comfortable for everyone if were sitting and waiting from 1.2p+ rather than current level.
Not the moment FB - a few photos
Of 1.1m at .8750 - it’ll show as a Sell but it was a Buy at that time and price
simon is on the stand presenting, apparently a good turnout