The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
What I can see was that Ntog was in profit of over £100000 in 2019. The share price ranged between 1 - 3p throughout the year.
Since then overheads have been cut by 60% and operating costs reduced. Oil prices are almost back to pre covid levels, and rising, and production here and everywhere is increasing.
Pine Hills farm out which we have waited since April for is complete as of last Friday, and the well is actually in continuous production as we speak. Once stabilized, production and reserves will be published.
It looks like these production rates will be confirmed and published before the end of January. And everything looks and sounds positive.
https://twitter.com/mlofgran/status/1350100625816649737?s=19
Other positive news after this looks likely not long after. Lots in the pipeline.
The contracts and revenue from and with the Joe media clients has already commenced in Q4 2020. As per the RNS...
"Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today announces that in the course of providing its services through the management services agreement with JOE Media, it has secured a number of new contracts for JOE Media, for the production and distribution of bespoke social content. The contracts are with clients in a number of sectors including gambling, video games, online music streaming are in excess of £750,000 and have all commenced in Q4 2020.
Under the management services agreement, the Company now manages all commercial aspects of the JOE and Her media businesses in the UK and Ireland. The Company receives a monthly retainer fee of £100,000 plus external costs and will also receive 25% of all profits if certain revenue and profit targets are met"
**ENDS**
Mysteryguy. You really do talk some ****e.
Launch of the product goes live in China in March. And ANOTHER will be introducing to potential clients there, this is a massive, massive market. This is besides everything else going on in the background.
Buy in a month or 2? Ridiculous. Should be buying now while its low, before it rises. That's the idea.
The uncertainty was an issue.
Nobody knew if further restrictions would be put in place.
Whereas now we know they intend to keep it flowing, both in and out.
Looks like arrangements are being made for freight at the borders to continue.
Good news for delivery of the machine
That's wrong. The selling price on some of those trades was never that high all day. Let alone for such large amounts
I got a response from Corcel. But real no real information. It reads:
Dear ****,
Thank you for reaching out to us and for being a valued shareholder.
Unfortunately, the Company cannot comment on anything outside of RNS channels as it would mean release of inside information and breach of Market Abuse Regulation. Any further news will be released as appropriate. Therefore, we can only suggest you to keep an eye on further RNSes.
Have a very good day and keep safe.
Kind regards,
Corcel Team
I chased up the email, as I had no response so far. She said she's now forwarded it again to the relevent party for them to respond, and apologised. She said "its a very busy time for them at the moment, so it's probably because of this".
Sounds like things are happening behind the scenes.
Lol no problem.
I just called the number, It went to answer machine, but a lady called me back. I put my question to her and she told me to email. Which i have.
I hope I got the correct email address, i couldn't understand/hear her very well
Someone please correct me if I'm wrong.
But it looks to me like this latest TR1 is what's held this back the last couple of days. Now its completed perhaps there's room for it to move back up as quickly as it should do?
Almost 4m shares were being sold by them. Its quite a lot.
So Dr, what have you based your investment here on? If its not on the anticipation of progress, and positive news (which anyone can only guess exactly when it will land), what is it?
If you don't want the shares at this level, I'm sure someone else will have them.
The only way is not down.
Every day without news is a day closer to news. There's enough in the pipeline. Until its bad news, I see no problem.