The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Volume over 82m in 2hrs 40m of training up up over 10% - good news any time. I have been saying all along be patience. People on this coard just can't see more than 2 days ahead if that. All idoit trolls and very very sad excuse for human beings.
Following yesterday’s announcement I said that I would add anything I picked up in a conversation with CEO Eytan Uliel this morning.
Whilst Eytan is slightly disappointed that he hasn’t hit his self-imposed Christmas deadline for the Uruguay farm-down he had in my view set himself a harsh date to hit. The usual technical licence paperwork is done and therefore all is ready to go.
That still leaves the likelihood that the farm-out will complete in Q1 2024 as the potential partners are in possession of the necessary data, a timetable foe 3D seismic and where the Government stands with regard to work programmes.
CEG has been slightly delayed but the firing gun has gone off and as I said yesterday 2024 is going to be an exciting year for shareholders as the world’s energy companies descend on Uruguay…
Https://www.energy-pedia.com/news/uruguay/challenger-energy-provides-update-on-uruguayan-assets-193614
VERY GOOD NEWS!!!!!!
Before the trolls keep asking Contracts to be signed in coming days / weeks. A loot of contracts were signed 3 days ago and CEG were present. This in turn would have increased the value of OFF-1 and OFF-3, bit more patience.
We do not care about the history it is all about now and the future. With 2 massive blocks in Uruguay we are in a superb position, especially for a junior in the market, and in the best position the company has ever been in. Look forward to the farmout and a successful year ahead instead of complaining and moaning about history all the time.