The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Those are the loans that we (kdnc) provided directly to devā¦ that have now been capitalised into shares in pba as noted belowā¦ the loans to dev is now provided to dev by pba (not kdnc direct)ā¦ the 18% interest rate for the above guaranteed loans provided to dev by pba is pre-agreed and defined in the jrpā¦
Donāt actually need the š® just keep reading the 3rd from last paragraphā¦ with the knowledge that thereās several interested parties viewing the content of our amapa data roomā¦ itās sounds pretty much like the same process that weāre going throughā¦ our next seed financing round also being priced at a fraction of the replacement costs to build such a world class complex comprising of the mine the railway and the portā¦ from scratchā¦
Some of our other cash was used to fund sonoraā¦ when no-one else would take a second lookā¦ for drilling out the jvās and production of the $2bn npv scoping studyā¦ as well as simultaneously bolstering up bcnās sp to allow them to raise the funds to complete their pfsā¦ when no-one else would take a second lookā¦
Thought iād take the liberty to transpose that last paragraph into our amapa investmentsā¦
we have a strong track record of shareholder returns since our first seed round @ $0.125m per 1% in december 2021ā¦ (last seed round in october 2022 @ $1.1m per 1%)ā¦ by yourās truly š ā¦
did we ever find out how many shares pba have in issueā¦
Diggers are there ready for the goā¦ https://insideevs.com/news/681448/construction-machinery-spotted-giga-mexico-site-is-groundbreaking-next/ ā¦
Well worth a listen as it does confirm amapa valuation is about $1m/1%ā¦ itās actually about $1.1m/1% from the last transaction where we paid about $3.3m for 3%ā¦ ($110m 100%)ā¦ and at some point this year will be taking up the additional 3%ā¦
Back on topicā¦
āAs part of the due diligence process, EBRD engaged an independent, international mining consultancy to undertake a technical review of the Cinovec Project. EBRD also performed a review of the Cinovec Project in respect to compliance with EBRD's Environmental and Social Policyāā¦
this strategic investment has to draw the attention of every company embarking on the construction of new battery gigafactories and evās in the uk/euā¦ maybe not for the short termā¦ due to the disappointingly slow progress to get cinovec lithium to marketā¦ but certainly for the long term when low/zero carbon (p5c2.7) raw materials become an available alternative locallyā¦ https://www.ebrd.com/documents/comms-and-bis/environmental-and-social-policy.pdf ā¦