The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
BV, the flow rates are great and the well pressure is holding very well. We don’t know what the installed compressor is designed for as it is refurbished, but is already at ~6.5 MMSCFD and looks like it could do 7. Anything over 6 is brilliant.
Is all good mate. Nice revenue at current flow (£1 mil + per month + rev fm oil & condensate)and anything from the sidetrack is straight into Angus pockets. I will be happy with another 4 MMSCFD from the sidetrack but we are likely to get more. Keep the faith.
Ocelot, that is what I thought but there is something wrong with the sums (about 3 mil out).
Outstanding warrants as we calculated last time were 46,740,089 plus Aleph’s.
The RNS now states that there are 89,496,995 warrants left. Back calculating fro this gives Aleph, 170,157,033. Not a big deal anyway, the difference is only a a small amount. We now know we have 89,496,995 warrants (in total) outstanding.
What is interesting with Aleph’s warrant exercise is that it comes to exactly £1.4 mil - same as the outstanding loan to Knowe - is this loan going to be paid off? :)
DGU, they raised £10 mil, not £8.5 mil. The way they were going, even without the war the £10 mil wasn’t going to be enough.
We were meant to be in sustainable profitability this year, which meant a profit, or at least break even, for 2021. But this changed to break even for UK&I only ( before the cost of living crisis ) and France 3 or 4 years behind, which means losses until at least 2027.
Now, we are praying for a buyer. Hopefully one will be found in the next week or two - this is what we have left.
Geeman, mate, you are not related to CC by any chance? :)
In my view, CC screwed up badly. Learn to walk before you attempt to run? She should have concentrated on UK&I only from Day 1. Make money, then expand.
Geeman, they would have been generating cash from UK&I before Putin invaded Ukraine.
Remember, 2 years ago when CC said we could have shown a profit but chose to make a loss?
Geeman, some people always try to find a logical alternative but the truth is if they handled it differently they would still be in a good position and no FSP.
We told CC to pull out of France before in one of those webcasts … but she knew better. Had she done that and pulled out, there would still be money in the kiddy and UK&I generating cash. There would have been no need for FSP.
Get UK&I profitable and then expand. Paying for marketing by selling below cost in both places was not and is not wise.
Holy, we found two and i hope the one with the 8.3s is not the chef., or at least is somebody in the know, fingers crossed.
Holy, are we certain as to which Alan Rosenthal is involved with Eve? Is not the chef is it? I don’t know.
These tweets are definitely a good sign - why will they be tweeting promo material if the doors were about to be shut?
Increased my holding as well, sitting on ~2 mil shares.
Not long now and we’ll know one way or another. Fingers crossed good news.
I am still holding on to all of my shares. Anybody else still holding?
Looks like somebody is still buying. With bid at 0.65p and Ask at 0.75p, I get the following quotes:
Buy 500k at 0.80p, above ask
Sell 500k at 0.685p, above bid
Just a bit more patience needed :)
Forget Aleph’s warrants, just 46 million warrants left … and some of them in all likelihood gone today. Soon they will be all gone gone and the SP can move up with no headwinds.
All good. Happy days. Have a nice weekend all.
Another attack at 1p … wow
Low volume … and SP going up - very little stock available for sale at this level :)