Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Its a shame they don't have the initiative without prompting, but thanks anyway.
Thank you as always BD and good luck as it has been some time since last update and the shareholders deserve more really and esp when they stated that before !!
you are absolutely correct, well done, lets hope they have the courtesy of a reply
Good.
I have written tonight to our PR company / Board requesting an update. 3 months since the deal fell through, we deserve to know what progress has been made IMO.
They have sold our stakes in horse hill and iow.
Not bad for over 18 months work.
Sorry almost forgot we got £1 for our pan stake.
Not sure about reef.
News definitely tomorrow then.
That's true Bluff, but so far they have delivered little. This is their landing page on their site;
“The Board of Solo leverages its extensive commercial and technical expertise with a hard focus on monetising its portfolio of investments and delivering value for its shareholders.”
Done some of the first bit but nothing tangible as yet on the second.
Zubair/AEX Farmout due for completion at least.
Can't wait for the part/whole sale of Rumuva. I think people are being harsh to the directors. The new directors nearly brought in a game changing deal. Yes they walked away (from a bad deal) - But that took guts!
I have no doubt the sale for Rumuva will be done at the best price based on this!
Wait is frustrating, just wish things will move on!
You get paid time for an update if you are still directors you owe that to wretched shareholders at worst let’s have a response from PR company
Y
One sugar please.
What are the board up to.
Whatever it is it had better be good.
No income for 29 months.
Hardly much of a strategy.
And would someone please take the acquisition presentation of the website.
More growth on my tomato plants at the moment.
Need anymore be said.
Next news will be of a placing to make a purchase. The purchase will not be made but the bod will award themselves a nice Xmas bonus
Lets be Having ye
Come on Now....
Knock Knock
Hello, is there anybody out there ( just knock if you can hear me.
LOL they will needed afew boxes I suppose by now anyway it keeps BDS1 & Caddy in a job I suppose ;o) !!!
Hard to believe they cannot pull off even a small deal.
£20 k a week income would be better than nothing
Any update would be welcome.
I do wonder what the bod do with their time.
Im sure they are busy sorting out a new deal.
Hope they have enough tea bags in the data room.
TOMORROW
An RNS tomorrow.
Bet your bottom dollar that tomorrow.
We'll have word.
Of the progress we are making,
And the work of our directors.
Its absurd.
Tomorrow, tomorrow
Lets sack them tomorrow.
Don't wait for another day.
Tomorrow, tomorrow.
Lets sack them tomorrow
They've blown all our cash away
Good morning to you.
The board will have to have some very good answers as to why they have achieved basically nothing since they started running things.
My tomatoes are over 2 ft tall already
Looks like a very good year
Maybe they should change their strategy to growing them instead.
Far from impressed with the lack of progress on all assets held and acquisitions if we ever get any.
3 yrs or 3 months ? back to my tomatoes ( I see more growth in my autumn years.
3 months, it’s been 7 years since the data room was open, Tanzania up for sale, data room packed out, solo worth 20x what they are today , loads of big dogs ready to Chuck $billion us.
Solo retirement fund. Helping many people top up their pension fund.
Thanks for that.
Gives me a bit more confidence.
Mid cap within 3 years.
Could still happen.
It would only take two maybe three big deals.
Steve I spent quite a while researching what a data room consist of and the mechanics of it and understand now why this is taking so long as it a lot of information that is needed for potential buyers, maybe I should of research this before but the SP is currently a good point ready for the next step upwards no doubt very soon I suspect and wouldn`t be surprised by mid June at the latest (guesswork of course and hope as well) !!!
Morning Chris.
I know I may go on about the complete lack of any progress but it is very concerning to shareholders.
Silence is certainly not golden as far as solo is concerned.
At least the weather is at the moment.
Great for the tomato plants.
Have a good day.
Good morning steve, fully agree. I will email the BOD if nothing by the end of this week.
Ruvuma farmout/sale?
Helium-1 IPO?
Deal/ acquisitions?
Strategy, has it changed from 20,000 boepd?
As Ariel Arrow said - Silence!