Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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indeed..... seems all that has happened in the past 2-3 years is the board have taken their salaries (or ridiculous share options).
is it me or where/what is the incentive to the BOD to perform at all here?
Seem to remember about three years ago shareholders stood up against the then board and stopped the company investing more in helium one and new deals until ruvuma monetised.
Strange how little has changed in that time.
Seem to remember about three years ago shareholders stood up against the then board and stopped the company investing more in helium one and new deals until ruvuma monetised.
Strange how little has changed in that time.
This is a more than very valid point, and I am fully in agreement with BD's views and recommendations. However the pessimist in me knows exactly how far it will get us (unfortunately).
Still..... has my backing.
BD - Agreed and you have my backing
You give it to them BD, really not the time to be awarding themselves shares, and it's clear at least on this message board it would be a resounding no!
Wish you luck bd as everything they are doing at present shows no confidence in the company and they are just looking after themselves.
In my opinion, which I will be putting strongly to the board next week, they should have taken shares in lieu of salaries at a share price of 2.5 - 3p, this being the SP when they took over running the company. By doing this they would have been granted approximately a third of the amount of shares as they are presently taking.
The warrants should be set at nearer 5p to show confidence to LTH that they feel our share price will recover. To set them at 1.3p is an absolute disgrace.
As I said I will discussing this with the board next week.
Certainly worth waiting for.
Shareholders should vote as they see fit.
Imo the board have done plenty of talking and made promises
That at the moment look very difficult to keep.
They have done one deal subsequently aborted sold off old assets.
That about sums up the last eighteen months.
If anything shareholders should be awarded extra shares for their patience.
Not at all impressed and very disappointed with the complete lack of progress on any front.
Yet another case of look after the bod whilst crapping on the shareholders. At least the shareholders would appear to get a say in it this time. They are an absolute disgrace.
Both
BD, I'm not really clear what they are trying to do ... Are they trying to issue new shares at no cost to themselves, or options to buy on the cheap for their stupendous work Increasing shareholder value - NOT
Looks like the board need shareholders approval for all the intended warrants at 1.3p. Opportunity for shareholders to make a stand imo