The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just to add to my last post Equinor walked away from Jersey Oil and Gas when the poo was very low they've had plenty of time and opportunity to come back and re evaluate whilst the poo is extremely high draw your own conclusions.
If its worthwhile trawling through all past posts I would recommend those of JT Southern on the other site .They could very well be right or very well be wrong but then pay attention to the fact that Equinor have seen all the data regards the GBA done their due diligence and walked away draw your own conclusions.
If RL is selling up its another big Red Flag to go with the one that already exists being Equinor who have seen the data had time to do due diligence and walked away .
All the news and work is over at CGNR this is just being neglected and abandoned left to gather dust and ravaged by savage sellers .
Sounds like it's all over bar the shouting at Profs last interview he said they were very comfortable with the situation I take it that means him sat cosily in front of a roaring warm fire drinking expensive Cognac and not the shareholders who have lost all their money funding these comforts !Absolute Disaster
Busted flush 0.4P Ouch !!
Doesn't really matter what matters is the current sp is in tatters everyone fleeced and absolutely no hope whatsoever of the 4P warrants being in play at 8P so that means another fund raise in the next 6 months and with the shares at 2.5P with no hope of anything other than the usual continued sp decline we really are looking at sub 1P again .
Probably sub 2P by then down yet another 5% as we speak can't even get a quote to sell without a blade 1 haircut absolutely hopeless . Just a write off I'm afraid.
Covid is here to stay for ever if that's what's holding the permit up it could literally be years before the issue even sees the light of day should keep the landowners happy if nothing else !
And continues to be woeful can't even get a mining permit share price says it all total write off bar a miracle.
robemy there is always a Doubting Thomas on every thread !
No point trying to deramp an illiquid AIM share that has very few trades every day its just a waste of time .The shares are news driven spike on good news with momentum behind them then fall back on profit taking .
Deramp at the the top of a spike will get you in cheaper but I doubt at 2.5P there's anyone left to scare out of their shares .To continue week in week out posting the same old stuff I can only assume they are trying to get the sp down to 2P at which he sold out at to buy back in.
To be totally fair here points 1 to 15 posted by commin although correct apply to the majority of companies on AIM in different sectors .
Glad I sold for a small loss this is hopeless no permit no diamonds and soon no money again a further placing will be required this year .But with an overhang as big as Mount Everest and sellers ravaging the stock like rabid dogs what price is that going to be.
This will soon be valued at less than a 4 bedroom detached in Toxteth or a Garage in Highgate !
KDR need the funds from the warrants exercisable at 8P to fund the companies plans for this year the sp simply won't make it whilst he's still in selling merrily away.IMO when the rns lands he's at 0% the mining permit will swiftly follow so will 8P+ and so will the funds needed to go forward with mine development.
Still 300K unbelievable Story must still have quite a few those large off book trades we thought were clearing him out don't appear to be his as there's been no TR1 must have been one of the large under the radar holders bailing out .Just hopeless this is atm.
Earth calling Tukes come in Tukes are you there Tukes ?
zzzzzzzzzz hiss hiss crackle crackle .
Nope no news no permit no TR1 no nothing apart from sells ! Soon be time to give up me thinks and back to the Brew .
They bought them at 3.8P and now left reeling selling at 2.8P .Contrary to most gamblers beliefs but when you purchase shares particularly on AIM you should always have the funds available to pay for them otherwise its welcome to the local park bench on a night with a can of Special Brew !
Move on Oldblue1973 you've lost your money on KDR so nothing for you here now so why carry on harping on about it wasting your time and boring the pants off everybody trying to justify your losses.