The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The market seems to think sp.
Pity it wasn't TR being shown the door.
Did DR go voluntarily or was he forced out by a major shareholder.
Him going will not make the slightest difference.
And as for making the conservation of cash as an excuse.
Seems that no investments are in the pipeline at the moment.
Have to agree with you there.
Seems we have little cash left absolutely no investments forthcoming as any that were available have long gone.
The board’s strategy of busy doing nothing has not changed.
I see helium ventures has made a complete change in strategy.
Imo renewable energy is a waste of time and shareholders money.
Generated electricity is only worth about half they were getting a year ago.
Just a shame the board haven’t noticed this.
Sp just about reflecting the cash in the bank ( if they haven’t already spent it).
Values the AD plant business at almost nothing which I would agree with.
Falling renewable energy costs probably mean that out solitary plant will never make enough money to cover its costs.
As for getting the £1.2 million loan repaid I can’t see it happening when the company that owes it is basically insolvent.
Another brilliant investment by the board.
Although good news about the reserves and rod installation it is already at least two months if not more behind schedule.
You can have huge reserves but getting out of the ground earns the profit.
The delay has spooked the market.
I was hoping for something on par with the one dyas deal.
Ot wont happen as they have no way of raising funds on the market and they have changed strategy to the crap AD plant business.
I know they are trying to be eco friendly but at the expense of shareholders.
Basically we have a board that do not really have a clue what direction they are going in.
The fundamental problem has been that the board haven't a clue how to run a company let alone make an investment that is profitable for shareholders. All of the problems the last few years have always been somebody else's fault never theirs. If they can turn this around all well and good but they seem to lack any direction with anything they have done. Are they going to chamge now. This is definetely the last chance they will have.