The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am again looking in here and see the usual nonsense you post. For clarity and as I am sure others remember well, you were peddling your claims when CINE originally filed for Chapter 11 and the writing was on the wall - loading up circa 2-4p ranges. As things stand the shares are circa 50-80% down in recent weeks/months with a spread almost as wide on market trading.
That tells you all you need to know - you keep loading up, the spread alone just highlights the idiocy of your comments
Exceptional news! It’s been a long time coming for the monetisation removes any rumours of placing talk and proves the model for the highly anticipated Cas wells which are currently being developed. This is an enormous milestone.
Walk*
Well done all those who picked up additional on the wall down.
DRB the effective date is exactly what it means, the cash accrued during the period from Jan to completion of transaction in July is passed to KIST.
Hence the acquisition near paid for itself from the revenue generated.
You are still here? Clearly living up to your name.. for those who believe this chap who apparently has lumped in £100k see below;
17 Aug 2022 14:52
Lol tidd, don’t be disappearing when this doesn’t go to 1p. I would really like your view’s on tin foil hats, if they are affective or not.
17 Aug 2022 14:45
Curator, 5p?? You will be lucky. At least your not talking 1p, like some of the derampers on here. End of play, if this is not over 12p, I’ll will be shoc
18 Aug 2022 12:11
In my opinion, a raise won’t really effect the sp, we are already rock bottom. If this drops, I’m loading up. This is a good business, easy 50p a share. I’m happy to hold patiently.
Imho DYOR
22 Aug 2022 09:27
Cruis, all depends on the rns we receive, my plank friend. I clearly stated that. The next rns should be, debt been rearranged etc. and the sp at 20p or 25p.
Some thick people on here. Imho
22 Aug 2022 10:31
My average is 3.30p AimMasterbater, I could sell now at huge profit, however, I believe this is going to rise significantly next couple of weeks do holding. Imho
Sadly here for all employed and invested.
Suspension will occur, people were warned here for months and more so over the last few days. Lick your wounds, dust yourself off and move on to the next.
Anybody buying or promoting the fact that others should buy needs their head examined.
ProfitJock, has it ever occurred to you that the large buying being done will be coming from IIs closing their short positions down?
The drop clearly shows holders moving to the exits and faster than either the shorts are covering or at prices they deem satisfactory to maximise their profits for calling it right.
Poor investor, I assume your living upto your name.
You do realise the bondholders will now be pulling the strings meaning equity investors will be wiped out. 1p will likely be the D4E swap, I would be surprised st anything over.
Talking about screens in X Y Z locations and MCAP really is irrelevant where the EV is much higher due to debt which will be breaching covenants left right and centre.
Shareholder wipeout and anyone thinking otherwise needs to open their eyes before they lose the lot.
And has been for some time.
I feel sorry for all involved here, the collapse of this stock was inevitable given the unmanageable amount of debt.
I remember posting during the height of COVID stating as much only to be shunned. Not here to gloat but let it be a lesson learned that their is validity in looking at two sides of the coin.
GL
Monumental news, patience has certainly been rewarded!
This is transformational now for the company and paves the way for moving TXP into the big league!
A major re-rate should now certainly be on the cards to begin to price in those reserves ahead of a huge production uptick!
Hi Ezhik, good to see a familiar face/name.
All well here, thank you for asking - certainly more a backseat lurker these days as opposed to a front seat poster. A busy period with life and then posting went on the back burner. Thanks for the message, hope your well too?
Read them RNS
“ Pursuant to the Coho Certification of Environmental Clearance, residential notification is required to be made a minimum of five business days prior to the commencement of operations.”
It’s part and parcel of the approval, a notification is required to be given to residents and a testing of all facilities since end to end construction is complete ahead of production.
Intermediate zone still to go after and a huge reservoir of oil approx 7km x 2km in size.
Solid production on natural flow back which will only increase on pump, that’s huge discovery onshore.
100mbo minimum added to reserves is my guess.
Merry Christmas indeed!
Analysts at Canaccord Genuity raised their target price on mining outfit Touchstone Exploration from 180.0p to 200.0p on Friday following the firm's "surprise, but upbeat" announcement of an oil test in its Royston-1 well.
Canaccord said following Touchstone's analyst presentation and third-quarter results, it was now possible to add "a little more flesh to the bones" of the well test result.
The Canadian bank said its initial view that the oil discovery was "an important step forward" had been confirmed, though it also recognised that there was still "plenty to be done" to fully evaluate the scope of the commercial potential at Royston and the surrounding Ortoire licence.
Canaccord, which reiterated its 'speculative buy' rating on the stock, said the tested zone, the first and deepest of three planned, looked the least promising in terms of reservoir rock properties, yet the test also produced light sweet crude despite the equipment used being designed for gas flow.
"We think the information provided so far provides the foundation for thinking that Royston could be both a gas/wet gas (to be confirmed following two tests expected to be completed before YE21) and an oil development. Furthermore, the discovery of oil in the deepest levels of Royston-1 adds support to the possibility of oil in the nearby but deeper Krakken prospect," said Canaccord.
Following the testing of the Vlieland formation, a sidetrack was drilled from the Q10-A04-A wellbore at high angle through the Zechstein carbonates and clastics and completed in the primary Slochteren formation at a TVDss of 2,319 metres. Following data acquisition, the well is now producing gas from the Slochteren reservoir at a gross rate of ~800,000 Nm3/d (~5,080 boe/d) with the other horizons currently shut-in for reservoir management purposes. Following the completion of drilling and intervention activities on the Q10-A field, gross gas production has reached approximately 2,000,000 Nm3/d (12,700 boe/d).