The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I is myself well connect with grammar. I not use it wrong, always right. This share price has taking it's downfall but I am surprised when I look daily every week.
"Are we being valued on the basis of the stock of staff loo roll?"
This is the funniest post I've read.
All companies have debt. As long as they are making a profit and can afford the debt payments, that's al. Look at Carnival, people were saying that was finished as they had £31bn debt but they are doing well aren't they?
Each to their own, I think its undervalued but as the market is irrational it may fall further. Either way, i think eventually the share price will be multiples of the current price in a few years, maybe even sooner.
And wait for the money to come in. Plenty of bargains out there but this share is one of the best. Sound business, is diversified and more importantly is making money.
I cannot believe this, was kicking myself back in october for not investing when we had the last downturn but this is brilliant. at these prices you cannot go wrong. am just going to wait a few more days to see if the market drops further but then it time to top up and re
The sp was over £2 less than 2 years ago. I'm not saying it will go back to that price but the current price is a steal. I can see this hitting 130 in the next few weeks easy.
Something is brewing. I have just managed to buy in a small position and a minute later the buy price went up 0.5p. Got a feeling MA is going to increase his holding here.
I did warn people the other day to not get spiked but you always get them jam tomorrow people converging.
I did give the warning yesterday, this is one of those shares that you buy in and get out quick, if you can time it right. No one gets it, that this is an old exhausted mine that will be used to produce a few tonnes of lithium at most. The revenue generated will go towards AB salary, admin costs and to fund the next carrot stick.
Please be careful with this share. If you have made money on this temporary spike then well done. For those that are expecting a sustained rise to 1p, then we will just have to see how this pans out.
That's revenue, not profit. What is the cost to get the 600k revenue?
Before people get excited- does anyone know
1) how much lithium is there?
2) how much lithium will be produced?
3) will there be any significant profit to be made or will the income just about cover admin expenses.
Also do people realize RRR only owns 50% of this "project", which is in fact an old exhausted mine where they will just be processing the waste left over. The red flag here is the following info that was given via a rns- "There are no immediate plans to delineate a mineral resource estimate.".
This tells me all I need to know. Those that get spiked at 0.2 have no one to blame but themselves.
The problem is AB cannot do anything other than start a new project and do some initial drilling before moving onto the next "great opportunity". Even Steelmin was a colossal failure. In the last 10 years what has he done to show any investor that he has what it takes to get a project seen through right to the end. For heavens sake, I can remember back in 2013 some people (myself included), saying that the Kenya gold thing would take time, but it has sound economics and will be sold for millions or generate millions once developed. What has happened in the last 10 years apart from AB getting a six figure salary from RRR and from Corcel.
I know swearing is not allowed on these boards, but that is the only thought going through my head when looking at the current share price! Am looking at topping up so is brilliant, but just how much lower will this go?
Brought several months ago at £3. Was planning on holding until £5+ but managed to get out early today at £3.15. This is far too risky now.
To be fair, I think bus drivers are long due a massive payrise. Back around in the early 2000's I remember seeing a poster on a WM bus for recruitment for bus drivers and it said you could earn £400 a week full time. That message has not changed in almost 20 years.
The engineers on the other hand are most likely earning £30k plus.
I work in the private sector and was given a 7.5% pay rise a few months ago. There was no discussion and no unions involved. If i dont like it, I quit and look for another job. Why cant the same apply to public sector workers.
To all those who have brought into what AB is saying, I have just one simple question. What project in the last 10 years has AB completed or progressed that has lead to this company making any sort of money or return back on their investment?
" less an 8% discount, rounded down to the nearest tenth of a pence if the share price is at or below 20 pence, half a pence if the share price is at above 20 pence and at or below 50 pence, or a whole pence if the share price is above 50 pence. "
Is this some sort of a sick joke. What is the point of this sentence when the sp will never even get to 1p.