The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
There is always deals to be done
Do remember that the price of deals do not reflect the near term ups and downs of the market. Nor should they. However deals take time. Those who have been involved with contract negotiations know how long these things can take
Next prod deal may be 2k bbls, then look at thSP....hmmm. know where I am parking my hardearned
So it looks like the highly paid consultants that have been bought in to save our flagging SP have come up with a restructure / cost cut. WoW... As I have said in an earlier post.....what a surprise.
Who a going to grow a pair and say lets split the bank US / UK and unlock real value. While we are at it lets sell off all the European cottage industries we have (some quiet valuable in their own right)
There you go £2+ SP
Everything has a price, not sure if there are any solid banks that are cheaper
Barc would be a nice morsel for some bank wanting US exposure / diversification. Looks like the consultancy has gone down the easy and well trodden path of a re org surprise surprise
LBE just need to get the deal over the line. Hopefully they have more production lined up...
I have been buying over the last few weeks, just to cheap. As I said the right catalyst and we should bounce nicely
Why didnt they buy a trommel a digger and get started years back. ECR is no different to many other small miners. No business acumen and cannot see past the drill bit. They just drill, drill, drill until the money dries up
Some people just dont understand how these things work. SHs will be wiped out in favour of the bond holders. The default has happened...time for some to wake up
Another point often overlooked is that the $100M is a revolving facility. So if we get some good production deals done and as we pay back that capital, it becomes available again. Round we go and is highly accretive by its very nature. Through in the current tax regime $100M should give massive leverage
Anyone got any idea what the plans are to get this area into production. Are these FSO opportunities or is there a tieback options.
Particularly if LBE get a big resource lift through Carmen and are successful with Lotus drill.
Carmen could be over 200 mbbls of recoverable. The bleed over into our block looks very significant