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Hello Mary
Yes I think Poolbeg is quite a unique company. Such a low market capitalization and so many interesting projects running in parallel. The quality of the whole team at Poolbeg is very comforting. As I said to Cash before it is nice to be invested in a company that will very likely provide us with a handsome return whilst at the same time doing so much to help many unwell people
Morning Cash. 2024 will be a great year it seems. Multiple partering opportunities to look forward to. Wonder where the SP will be this time next year. GLA
I hope they do a deal on Polb-001 before going off and buying other companies using equity in the Poolbeg. The cash from the POLB-001 partnering deal and the resultant rise in share price can then be used to buy new products or companies and would result in reduced dillution to existing shareholders. So I want to see a partenring deal or deals done ahead of any strategic buying by Poolbeg. And yes there is major potential here.
Hello Mary. Good morning to you. Did you hear anything interesting regarding the strategic move talk ?.
Hello there Flombo
I believe that BEY can still make a claim if it reverses into LPGP. The Minister`s decison was not legally binding. It was based on his subjective reading of non-binding clauses. So BEY could still rverese into LOGP and thereafter make a clain. The question is would LOGP agree. Perhaps LG decided he would like to pursue this ECT with LOGP but instead of owing circa 20% mof BEY he wanted the 80%. So he waited and went down the receivership route and will now examine ECT plan again. Obviously at the same time looking to get License reinstated in parallel.
That is how I read it. I too got shafted in BEY. Swizz might have some interesting comments to make.
Hello Atomictank. You make an interesting point. So perhaps if this jurisdiction issue were to prohibit BEY/VEVAN from going down the ECT route Vevan could reverse into Landsdowne and relist. The number of shares would be alloted to represent the 80/20 split. Landsowne has not moved jurisdiction. Think Vevan will try the Irish Courts first and thereafer other options possible.
New investor presentation looks good. AI lab based validation for RSV still due H2 2023. So any day now. We must be getting close to a deal on POLB-001. Investor presentation is definitely giving that signal !!
Interesting time indeed Cash. And nice to be invested in a company that could give us a handsome return whilst at the same time actually doing something good for the general public
Thanks Hbomb. So it appears that they will issue the 315Million shares at whatever price they can. I think if they were going to raise more cash now they would have announced it on the meeting today. Plus 21 days from the announcement of an agm would take us into february and they have told us they plan for a January spud. Surely they cannot come out now and lie and tell us the drill is delayed as we will need to issue even more shares.
Can they issue more shares that the 315 million mentioned at the AGM ?
Can Helium One Issue more that 315 million shares in a placing ?
What a mess I meant to say.
That was my question. What mess !!!!
Morning Cash. How do you see a deal from Polb-001 being structured ? How much upfront cash ? What sort of royalties ?Would it be one deal for influenza and another for oncology ? All together perhaps ? Also would the company that takes POLB-001 forward in the event of it making it to market thereafter use POLB-001 only for itself or do you think the company would then allow other companies to use the drug for a cost ?
Thanks Swizz. It will be an intresting period ahead. You are a gentleman. Take care
Morning Cash. I agree with you. I also think it is noteworthy that it was DA who made the statement about condiderable interest from pharma companies plus productive discussions. Doubt he would put his name to statements like this unless he is pretty confident
Morning Swizz. Hope you are well. Do you see any chance of a buy out here ?
Morning Moniman. Exoecting this to tread water and drift lower in the near term. Will get a bounce on the back of good AI rsv data. But as you say concrete results are what count. Do believe we will get very good news - but perhaps q1 2024. But with poolbeg you cannot be sure sonething is not brewing near term
Thank you very much Swizz. You are a Gentleman. Regards
One Question Swizz. I have seen a 30 day period mentioned for the SOA for Barryroe Energey. Cannot find it mentioned anywhere in any document. Is this an offical date or one that can be moved and will be delayed as per the minor procedural delays. Just wondering when we might expect to see some news - rough idea !!!