Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
And to reiterate, we are the market.
The company can only issue so many RNS repeating the same tired phrases. Sooner or later, you have to deliver.
Deliver, and the market buys. It's not rocket science.
BEM are completely passive in the court ruling. A positive result would reflect positively on the government, and we would be the main beneficiary, initially at least.
What the company need to do, and have so far failed to deliver, is to both start and complete something - They have to date, utterly failed. So again, little will have been achieved in 2024.
Markets like positive news.
Yes, mornin’ to ye.
Just technicalities.
Morning All.
You are welcome Olly.
Agree the fundraise was a sledge hammer and it hit us a bit hard but feeling we might still catch up a bit if the Court business is settled in favour of the Government's decision; we would have achieved that at least plus rapid progress with the PFS, which would put us on firmer ground than we've ever been on before.
And being a pragmatist, with the environmental work unlikely to be completed this year, given the fundraise, what will have been achieved in 2024?
Another fundraise will deliver ever diminishing returns, and 2026 looks to be a pipe dream.
I also feel that Bowie was advised that 0.061 was the best that could be achieved by the underwriters, and the SP at the time deliberately driven down by deliberately careless RNS.
I agree... The HFD outcome will be pivotal to both our short and long term future.
I just feel that this current fundraise has been a sledge hammer to what could have been a very small nut in terms of short term funding to get us past the court ruling. Then the outlook would.pook quite different to investors.
The funding issue and the investing issue is connected with the outcome of the Appeal...I don't know if I'm overestimating that or not but it seems pivotal to me and it must surely be resolved in the next few months.
OLLY BOY.....Sarcasm is the lowest form of wit.
I think Bowie is being somewhat disingenuous to say that we have funding options. If that's truly the case, why raise funds at historically low levels, particularly as it's now very clear that we have funding foe a maximum of 12-months.
As for the SDR's, they will get fed onto the open market by the underwriters at profit. They are not investors...
Thanks Eric. More drivel.
Replace “probably” with “possibly”, because I can’t say one way or another. Just musing again.
It’s difficult to be enthusiastic at the moment, considering this is probably the lowest ever fundraise price, but we have taken part in it, yet again, so we must have a bit of faith somewhere from within ourselves. Had we not been hampered by the Sami Appeal, the fundraise would probably have been at a higher level. High risk, instead of perhaps extremely high risk.
I don’t know, I’m just glad that today’s RNS is probably the best outcome for us.
Mornin’. x
Morning Eric. Yes, that's good...I was wondering how it would work, it's arcane stuff to me. I feel like saying on we go then it's going to be exciting but people have had enough of my enthusiasm so I'll try to be a bit more restrained for a bit if I can manage it. :-)
Thanks Suzy. Much appreciated
At least the underwriter has taken SDRs, and not some of the money back that we’ve only just raised. Unless I’m missing something, which is highly likely at this point in time.
Best wishes all.
And its now on the website.
Here you are Wots...courtesy of Andy:
https://beowulfmining.com/beowulf-mining-plc-company-update-following-capital-raise/
Thank you Olly. A good evening to you.
Sorry guys, Ive missed that. Can someone point me to the interview please.
Excellent bant as always Eric
SJ, thanking you. Lol
Probably both tbh Eric 😅🤣