The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A glowing reference from his time working in Democratic Republic of Congo:
I worked as Logistics and Purchasing Manager reporting to Mr André Baya, who was then General Manager of Congo Iron SA, a mine development company based in Brazzaville, Republic of Congo and I have very fond memories of our collaboration.
Honest, persevering and friendly, Mr Baya is a hard worker who does his job well, respecting deadlines and ethics. He is a leader who shares his know-how with his team and knows how to encourage and motivate them to perform at their best. He is careful to allow his employees express themselves and work freely. Concerned about the well-being of all, he knows how to create a pleasant, friendly and collaborative working environment around him.
I will always remember him as a committed Manager who works tirelessly and expects the same from his employees. Straightforward, he has zero tolerance for acts of corruption or embezzlement.
With a very large international experience in the mining and logistics sector, I personally benefited from his support and aura, which made me grow professionally, moving from the position of Head of Department to that of Logistics and Purchasing Manager.
Therefore, I can highly recommend Mr Baya for any business management position because his professionalism, his wide international experience and his human qualities are undeniable assets for any mission entrusted to him.
His Linked In profile makes a very encouraging read.
As a citizen of Mauritius, I have cumulated 24 years of leadership experience, having served as a Country General Manager, Managing Director, Chief Operating Officer, and Chief Executive Officer. Notably, I spent 22 of those years as a residential expatriate, immersing myself in diverse international environments.
Throughout my career, I had the privilege of managing companies in a variety of African nations, including Burkina Faso, Congo-Brazzaville, the Democratic Republic of the Congo, Gabon, Ghana, Guinea, Madagascar, Morocco, Mozambique, Sudan, Zambia, and Zimbabwe. This journey has provided me with hands-on experience and an intimate understanding of the African context, encompassing its rich history, diverse cultures, regulatory constraints, and legislation.
My academic background includes an LLM in International Business Law, which has been crucial in my career. Over the years, I have been primarily involved in the mining sector for 13 years and the logistics sector for 10 years, shaping my expertise within a dozen African countries.
My proficiency in both French and English, alongside my multicultural awareness, allows me to navigate and operate strategically within a wide range of environments. I have achieved success in Arabic, Lusophone, Francophone, and Anglophone countries, fostering strong working relationships and delivering results.
Now, as a Management Consultant, I am passionate about leveraging my expertise to drive growth and make a positive impact in the dynamic and ever-evolving African business landscape.
Very interesting appointment.
Let's hope it turns out more like Fortescue who's shares are +250,000% since listing (if it's the same company) than Sundance Resources:
Following the loss of the Congo mining licence in 2020, Sundance Resources delisted from the Australian Securities Exchange and sued Congo to acquire $8.76 billion in compensation.
As country manager for Sundance, hopefully our new CEO hasn't got a bad reputation with the government.
Exciting period ahead - we've been waiting long enough!!
Good luck all.
Email exchange with Umbono....
"Uitloop is a promising Ni project which could present an attractive opportunity to bigger players for either a JV earn in or an outright acquisition."
Also stated:
Umbono used to be (holders of the license) but we exchanged the license for shares in URU and are now investors like you.
We also have a small Black Economic empowerment share in the company that owns the right And URU does retain our geo team to manage the technical programme but that’s as far as our role extends.
Interesting times ahead.
GLA
OFD - I had similar concerns about the minerals actually being there myself.....however the only thing that gives me comfort is that as part of the licence renewal process, the Dept of Mines had to visit the site to ensure everything was in order.
Surely their approval counts for something? I know the SA govt isn't the most trustworthy but still.....
hi mate
Yes the letter was received.....this letter was informing the company that a group of shareholders are gathered to force action to call a meeting if one isn't arranged.
We are now sending the letter formally requesting the general meeting with the numbers of shareholders behind the request.
The one that was posted was massively delayed - looked like a lost cause so we found someone in Canada who was willing to print it and deliver in person to the URU offices......hes not been heard from since so maybe JZ has him kidnapped.
In the meantime the one that was posted has now left the UK and is en route!
Exponential growth.....
SOLG went from under a penny to over 40p on and shortly after a JV announcement with a major - im fairly sure with similar if not a lot more shares in issue. They are drilling for copper in Ecuador too so not exactly like for like but still a junior minor languishing for years seemingly going nowhere until the news dropped. They are drilling over 1km deep too so our 50-100m seems very appealing for economical open pit mining.
Now they have about 10 drills turning at once