The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Malcy's Notes:
Challenger Energy Group
Challenger went on the Bucket list late last year when CEO Eytan Uliel predicted great things from the assets that he had assiduously picked up in Uruguay since the Pandemic. Slightly later than predicted he recently announced that he had farmed-out to Chevron on seriously good terms which keeps CEG with decent skin in the block. With another block also in negotiation there is exceptional upside for Challenger, if you haven’t already done so check out my interview with Eytan.
www.youtube.com/watch?v=1-h4CieFoV4
Billybamboozle - why not we are so undervalued here, super major on board at OFF 1 with OFF 3 to come. Uruguay surrounded in majors and us. Zeus predicts 7.5p on OFF-1 find and this does not include any work on OFF 3.
GREAT TIMES to come.
Totally agree MadEnglish. Few points
1) Why would Chervon partner us if we were going 'to the dogs'.
2) How can we be worse off with a major assisting us and an extra $12.5m cash and fully carrying most of the 3D and drill, whilst keeping 40%
3) Zeus say risk is 0.54p - fully derisk and discovery at OFF-1 would equally 7.5p per share, before even starting OFF-3.
4) mean basis over 2bn barrels OFF-1
https://zeuscapital.co.uk/exclusives/4084814512/
JohnBriggs - why are you so negative?
Not many juniors have 2 blocks in a safe country where oil is already seeping and surrounded by major with a Super Major on board who is going to pay for the majority of the costs through to drill.
Chervon would not have come in if they were not going to eventually drill.
With some massive buys today with one over 13m and one over 10m this afternoon and great support at L2 with hardly any resistance this is ready to go, especially with events in coming weeks nearby in Brazil and Argentina.
Fill y' boots guys.
I think the problem is your views and the fact that all you do is troll. Cheveron, a major, is in partnership with us and you still troll your ridiculous CRAP. seriously get a life.
By the end of the year we will be a lot higher than today and very close to 3D - this share is at the beginning of a massive re rate. OK it may not go up 100% by the end of next week. WHO CARES!!!
Come back December 24 and this will be completely different price could even be 2p +.
This would make the share price 1.4p and remember a lot of major investor firms can not invest in stocks under 1p, so I suspect when 1p in reached the demand for the share will rocket and will likely hit 3p + in no time. This is so undervalued at the moment it is ridiculous.
What the hell is wrong with you people. This will re rate soon - holding shares in about being patient we have two massive blocks surrounded by major with a major on board with $12m to help progress. What do you F@@kers what 3p tomorrow - that is no going to happen. 3p by end of 2024 may be - just be patient we are significantly under valued and this is a primed opportunity to BUY SHARES instead of moaning about what happened several years ago.
If Uruguay is so useless why are we surrounded by majors and got a major on board with use at OFF 1, with OFF 3 to come?