The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"At this time, SGS and Excalibur Medicines Ltd ("EML") have begun the process of progressing commercialisation plans, subject to the trial data being successful."
They wouldn't be progressing commercialisation plans if they knew it had failed IMO.
Good news.
Interesting read... ... Iberdrola?
https://www.evwind.es/2020/06/19/iberdrola-accelerates-its-investments-in-wind-energy-and-solar-power-in-castilla-y-leon/75246
Europa Metals Limited (LON:EUZ) is developing the Toral project in Castilla y León region in north-west Spain.
Findings of a preliminary economic study in December proposed an operation of 700,000 tonnes per annum operation over a 12-year life.
Europa said Toral is a very robust project capable of producing high-grade saleable concentrates within an EU jurisdiction.
The study pitched the project’s net value (NPV) at US$156mln with an internal rate of return (IRR) of 31.3%.
Upfront capital requirement is estimated at US$79mln and life-of-mine operating costs are seen at US$477mln.
The mine is predicted to generate US$963mln of revenue over life-of-mine, with life-of-mine earnings (EBITDA) forecast at US$471mln.
Europa highlighted the deposit is still open to the east and also at depth, which allows for production expansion
Exciting times ahead!
I agree Shed. Foolish to sell an entire Region a dream with no 'reality' behind it. They must be confident of a) what they have found during drilling and b) that funding is coming to enable this mine to be built and the subsequent wider economic, social and environmemtal benefits etc etc.
It will explode IMO and in the not too distant future.
Toral is part of something very big going on here.
Juntas on board, Universities on board, Govt on board, funding for deleopment, funding for jobs etc... etc...
It's happening IMO.
Patience will be rewarded.
@Grappa, I never predicted a boom to happen on Tuesday. I posted on Tuesday that this will boom in the future, near future IMO. There is a difference.
Yes, I do believe £2 is (easily) achieveable, just not in the next 15 minutes as some want.
There are clearly a lot of stakeholders wanting this mine for all sorts of, probably, different reasons. IMO we are looking good.
If resource can be moved to measured and funding is confirmed, then boom, boom, boom, for days. Probably not today though just to be clear!
IMO this mine will be built and as previously posted, is part of a larger development/redevelopment agenda.
Clearly many will want to see that in black and white in the form of an RNS. This is understandable of course.
However, I suspect that by the time the RNS has been read, the MCap of this company will be approaching in excess of £50million (a whoosh!). They will be buying in much higher.
Fill your boots time IMO.