The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I. Wish I was paid to post here, you seem to think their is some conspiracy against you/ Harbour.
I grant you that early 2024 a few new accounts were opened here and mostly seems to ramp this share with news articles, but no-one should be swayed by what they read on these boards!
I don't subscribe to morning star, so unsure what you mean, but one broker up grade/ downgrade don't bother me. Going forward after the takeover this will do ok, esp if oil and gas stay high. Chill!
Not going to post my holdings on a share forum, but as I said I don't lie, meet me and i prove i hold a substantial stake in harbour.
Can't be fairer than that.
Buy the way this share will come good, it's just going to take time...patience!
Jackabe, I hold a substantial amount of shares in premier oil/harbour energy. In fact a life changing amount! I'm in Southampton if you want to meet up, I can prove to anyone on this forum if they don't believe me. No reason to lie on a faceless share forum!
Totally agree with Silverknight, Been into this share for a long time, Worked for them in the 1990s.for six years!
At 10% dividend it's double your money if the divvy is reinvest in 7 years, beauty of compound interest!
I still have friends who work at the Southampton research centre, they are working hard on new gen products, but unfortunately everything takes longer than expected.
If it's any consolation there share save scheme has been a disaster since Brexit, not worth taken out!
A lot of not happy people!
Can only hope this turns positive eventually...
@Neversellshell22, first post on here even though I've held harbour/premier shares for a long time.
Wintershall/dea must believe that at £3.60p a share they are getting is a good deal, after all they had full access to the data, if oil and gas price hold up then they may see there £3.60, but there's no guarantees.
My personal opinion is after the deal is signed we will start to see an increase in the share price.
I think some of these broker prices are being over optimistic with the valuations, you only have to look at the likes of BP to see the uk valuation of oil stocks are and have beem undervalued for some time.
Laticsrule, Could not agree more! Meet Sam several times, the last time at the investors meeting in Salisbury. How anyone can really have conferdence in him is beyond me, got the impression from talking to him that they know the chances of this succeeding are very slim now, but they don't want them large salaries to end.....the big mistake they made was after getting lucky with the drill bit, not bringing in someone with experience in the oil industry
All in my opinion.
At the investors meeting I asked Sam if the FIG could delays royalties or tax until first oil. He went on to say he had a good working relationship with the Falklands mineral department, but then said the FIG will be changing in November? Perhaps he's concerned the new assembly won't be so sympathy going forward to renew licences! LTH, what did you make of his reply to the question?
Good afternoon Cyan2,
Totally agree, we really need to avoid a equity fund raise, especially at a very low share price.
The sooner we get the award paid the better, even at a discounted rate as you say. If not then I can see major financial problems in the future. I personally think we need a deal with Navitas/ other, for this share price to increase, as any OM award will be sold into and eroded over time. As I said love to be proved wrong!
I asked Sam at the meeting about a fund raise before the OM result was known, but he avoided giving me a straight answer, but I got the feeling unless it's forced on them they will wait for hopefully a favourable OM result. They did mention 2022 for a possible fund raise, but I think it all hinges on a positive OM result and any deal they can cut with Navitas.
Also I'm concerned how long it would take to collect any award, as for a elevated share price increase if the award goes in our favour, I'm not so sure, Carins won there award and are awaiting payment, but it's not been reflected in their share price, why should we be any different? Loved to be proved wrong, but this is Rockhopper.
Ralph2010, As Sam said at the meeting. They had no choice really, PMO or no-one, my personal opinion is they knew it would take years for PMO to be in a financial position to get to FID.......and in the mean
time they still had those large salaries to fall back on!!
Ralph2010, I asked that question of Sam at the investors meeting, " why can't the FIG defer royalties or tax until first oil, as surely they must want this to happen as soon as possible, as the clock is ticking faster for everyone now" He didn't give me a straight answer. Just agreed with me! Which I found a bit strange. Make of that as you will. Regards.
Hi, Cyan2, Fully agree with LTT assentment of the investors meeting. "A calculation that spits out a final figure!" I got the feeling, that Sam seemed fairly confident the award would be in our favour. If I was pressed I would say 50-100m after lawyer fees, ( just my gut feeling) What concerns me more is that the award should be spent wisely! Regards
Fully agree, when I asked about the OM award yesterday I felt they were fairly confident of winning. But he did stress it will probably be rounded down.
My concern is not winning the award, but how long it takes to receive it,and what the board will do with those funds!