Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Yes, that's it ;)
Well done SuhailM - I'm overwhelmed by your maginificence ;)
Anyway, have a lovely evening!
Thank you for 'filtering' me SuhailM, but my comment was only meant as a light jest......perhaps I'm the only one who found it funny ;)
Regarding my comments today, I think they've been very diplomatically put and accepting the possibility at least of th rise as you suggest but also acknowledging the very real problem of imminant funding, that others have also rightly mentioned.
I'm a fellow holder of the stock, so would certainly welcome a price rise, albeit still appying a rational perspective to the investment.
Atb & have a good evening
I’m with rteck on this , love they enthusiasm but people are only interested in one thing now , an official news release... not interested in the pump and dump ,we’ve seen this time and time again .. let’s see if Art can give us a little Christmas cheer !
I applaud your optimism Suhail but it going to take more than TA to move this.
The issues revolve around why so much has been promised only to come to nothing.
I have my own views on this based partly on what I know and the rest I have had to extrapolate.
If we get news on PB alt finance that would be the trigger for a massive re-rate but it has been promised before.
We have by now run out of cash and so one way or the other this has to deliver something in the next few weeks.
Yes Suhail, I’ve noticed for a week or so now that small amounts on quote go NT. MMs often asking way above ask
I don't think anyone holding, will be complaining about a rising share price and considering there's been relatively little activity across any of the media platforms underpinning it.
Let's see how this plays out and given the points brought up previously
Atb
Maybe it was your 17Million share buying spree that pushed the price up Suhail! Regardless, I'm sure (or hope) you've researched the issues associated with this stock along with the standing of the CEO.
Any views can be discussed on the BB of course and further 'possibilities' that may transpire or options the company can progress down.
Atb
Quindell isn't too flattering about you over on RLD today I must say.
"As you can tell Suhail is long gone no doubt - ramping his next targets and probably will disappear from this board like he did at MOS earlier in the year after swamping the boards with his ‘research’.
His strategy is clear - low share price stock, low liquidity (low shares in issue) buy low begin ramping and drumming up interest and luring people in then sell while still ramping trying to act like you’re invested then slowly put the funds into other stock and repeat the cycle."
That’s unethical to me but it makes money so yeah :-)
Happy to hold a 3p party (told) or maybe we just wait for the big one 10p party. The oil is there.... maybe I could hire or buy a jack up rig on ebay. What a story all share holders of copl buy 1948 year old oil rig and make billions of pounds.
Hold not told!
I propose we told the 3p party in Bolton.
Sohail it's not on AIM but the main market. But same really anyway I won't be selling a single share till it hits 3p next year #smileyface
I had picked up on the insurgency Jiving but not the disorder in Maputo. All adds to the picture. Thanks for that.
Suhail make sure you don't ditch them all at once;-)
Bolton with your sense of humour you won't go far wrong. And there is still life in this beast.
Good luck sohail nice amount. Amazing how many you get know. I payed 5k at 1.67 a few years ago makes me sick doubt I will ever get my money back. I use to think wow amazing owning just 1 million now its peanuts. Oh well you never know maybe another top up in the new year but not done that for a while no confidence tried it at 1p then 0.50 then 0.30 ish now its 0.06 help.
Good luck Suhail, nice to see some new investors getting interested.
I hope you picked a better entry point than most of us on here!!!
Also it should be noted the security situation in Moz has deteriorated significantly recently, an Islamic insurgency in the North & breakdown in order elsewhere including the capital Maputo. Nigeria looks a way better play at present.
It'll be interesting to see if we have another sharp fall after yesterdays impressive rise, as previous such short term moves have demonstrated - or indeed, if we get some semblance of stability or even a further move up.
Perhaps those aware of the perilous cash situation have already sold and we now have new punters moving in on the possibility (no matter how small or not) of the impending RNS to be positive......maybe even a new cadre of posters 'promoting' the stock?
We shall see!
I still hold a position here, accepting of the highly speculative nature of this particular stock and the realities of their challengeed cash position.
Atb all
Mozambique was in line with Art's modus operandi of having an asset in line should the existing one be a failure. Its a good, sensible management thing to do and replicates his past in that he had OPL226 in his back pocket in the event that Liberia was a duster which it unexpectedly was.
Moz is gas rich and the need for gas to power is a massive need in Africa. The licence in Moz also holds out potential for an oil find. Ideally we would have been looking at getting a producing field going with OPL226 and income from that would have allowed us to move forward with Moz. Sadly our chronic financial position caused by the severe delays in drilling OPL226 have kiboshed any notion of moving ahead with Moz at this point in time.
Any positive vibes more than welcome Suhail. Welcome on board and I hope you get a quick result here. If it is positive news regarding the performance bond, the project financing, the operational financing, the governments consent for us to acquire EEPL's shares in OPL226, Agamore's court action being dismissed and the Essar commercial dispute being resolved then we will all be happy.
You are missing the point but also hitting the point Suhail. The upside with positive steps being achieved by the company is significant. However there is no reason why we should break through now. We do not know if we have 2 weeks, 2 months or 2 years to make a break through here. You highlight two stocks that are still waiting after years. How can your charts tell you 'there is pending news for significant uplift..' . Clearly they can't.
'There is pending news for significant uplift .....'
We know, we have lived with pending news for significant uplift for over two years and I am not being flippant with that comment.
Thanks Cdn. Really difficult to assess someone like Art in terms of motivation for his disclosures. History tells us that in general CEO's are not a trustworthy group. Would have been great to have a refined CEO in charge here. He has made excellent money out of being a CEO but I personally would have been grateful if he had stayed as a geologist/Chief Operating officer. He has over-played his ability to get a CEO position but has no doubt delivered in terms of field development. Two different skills and he is good at only one of them.
No Easy, you asked about my take on the AGM. The comments made at the AGM were very specific, detailed and optimistic. I think Art was hoping I would post the gist of his promises on this board and help his share price. I didn't do that because I had no way of checking what Art said. All I know is Art used to communicate with another shareholder and I that attended the AGM. Art said a lot at the AGM in front of his staff. I find it hard to believe he would say things that were not true in front of people that would know it wasn't true. If Art was lying, he was doing it in front of about 20 people that worked at his company, for the benefit of 2 outside shareholders. That doesn't make sense to me. Which is why I was initially quite optimistic that we would have been drilling by June, as he promised in May. Art has since ignored emails and calls from both myself and the other investor. I don't know why and neither does the other shareholder. I am very frustrated that Art doesn't think he has any accountability to shareholders while he spends our money.
Cdn, As our only link to the AGM what's your best take on why the key pieces never materialised?
I agree with you on Art, he does what he likes and he was clear that he isn't going to make timeline predictions anymore because he was being held up to those timelines (who would have thought shareholders would hold a CEO to account for failed timelines), and that he would only report when things had actually happened. I think that is what we are seeing in terms of silence from him now.