Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Tiny mcap, huge prospect. I keep an eye out for tiny explorers with decent licences. Doesn't matter on expenditure if a PLC of just £1m mcap is sitting on the right prospect and has management with the contacts to pull in the funds through JV and fundraising. Getting in at these levels as the news starts to flow has always been very rewarding. Could easily jump to levels only seen last summer of 2p and the year before of 5p. BAck then, the licences were yet to yield anything of significance. Todays news is a game changer for such a tiddler.
nextlink, just read your post again. I notice you write "put aside", so you did notice the 'without' in Resolution 13.
I just hope long term holders aren't diluted out of making a profit on this. If so, It would be nice to be able to take part in any fund raise with the new shares.
Nextlink, I dont think you're reading Resolution 13 correctly. Second paragraph
This Resolution, which is conditional on Resolution 12, will, if passed, give the Directors power, pursuant to the
authority to allot granted by Resolution 12, to allot equity securities (as defined by section 560 of the 2006 Act)
or sell treasury shares for cash without first offering them to existing shareholders.......
Note the word "WITHOUT"
This effectively means these shares can be issued and the new HWC could come back with a market cap 5 times its closing valuation at suspension and long term holders are no better off.
If HWC comes back to market as a £50m company and all the treasury shares are released. We could be looking at a 10 bagger. Thats a big ask.
What do you make of the GBP450k pumped into the company over last few months.
They must actually be working on something to justify that kind of cash. Doesn’t look like they have used it to pay off loans.
Are we about to see relisting and TO/RTO?
Clearing up any unannounced financial statements to keep regulators happy before relist?
Is it only me excited by todays news from Ascendant?
Screaming buy with the newsflow likely from 15km of drilling!!!!
Hi cavemanic,
Could you put the document onto wetransfer and post the link on here. That way you won’t be inundated.
Thanks in advance.
Yep. Best we try to forget DMH was ever involved.
You say they’ve beee. Working on something for 6 months, do you have any ideas on what it is.
The first project I heard they were working on was pretty ballsy but didn’t come off. That’s going back over 12 months now though. Big UK financial institution with silent shareholder looking to sell up. Would have been blue sky if it had come off.
There’s a lot been written about DMH and most of it has had to be withdrawn. Links to negative articles don’t help if you don’t post the apology the publication had to make months after.
It’s very easy to be called a fraud in the crypto world. You’re a hero whilst your asset is going up, your a fraudster if it comes crashing down through no fault of your own.
The euphoria and exponential rise of an asset sometime has nothing to do with the founder yet they are still the crook when the asset collapses or falls to more realistic levels.
Either way posting negative articles on one of HWCs possible major shareholders isn’t helpful unless legally upheld.
I lost money on one of his projects having stumbled across it via HWC but I still see him as a persistent tenacious crypto early adopter rather than a crook.
The main thing is YU will be showing an operating profit. And dividend will continue to be paid. All this for just a £20m mcap with £100m turnover with 16% gross margin. All the price caps are now in force. No nasty surprises from ofgem. YU have learned their lesson taking on contracts likely to turn into bad debt.
it’s all about the cash generation, margin and cash burn. YU have massive growth. Just added water supply to its offering. Has gone through past 2 financial years account with a fine toothcombe Has fallen from £12 to £1 with profits warning and FCA investigation. Priced to fail at £1 Last RNS puts profits warning behind them and reassures investors wit £14m cash and a conservative approach to growth ensuring margins are maintained. FCA unlikely to take any further action. Last RNS wouldn’t have been released if the FCA was still digging. They are probably just tying up a few loose ends before releasing statement. Based on fundamentals clearly outlined in previous posts YU is £6 if they deliver £100m+ for 2019 which shouldn’t be a problem based on the £85m they are already sitting on.
It’s obvious there’s a few here trying to surpress any price increase. De-rampeds have been nowhere to be seen but since a large order for YU stick was placed earlier today, they are out in force trying to deter small investors and day traders. There is a huge order being worked and there are people on here trying to spook holders into selling. I suggested I would be buying at 125/130’and did. I saw the opportunity at 115 and loaded up a load more. YU is an excellent buy and hold. It has multi bag potential short/medium term without the risk of dilution. Best bet on AIM. Screaming buy under £2 and the big money knows it.
I’d autocorrect the rest of the bol10cks you’re posting. Price monitoring extension has nothing to do with “speeding ticket” A “speeding ticket” is a phrase used when investors expect and RNS released stating the company knows of no reason for share price movement. Normally released when a share price moves 100% with no obvious news in the public domain. We have had news at YU so any fluctuations in SP don’t require an RNS. Secondly, their are many reasons for monitor extension and normally during periods of unusually high volume or wide spread. The uncrossing auction at 4:30 may require an extra 5 mins to match the trades. You’ve taken 1 paragraph from a very informative article to peddle your agenda. See the full article on price monitoring extension here. https://aim-watch.com/articles/price-monitoring-extensions-explained/
I agree 6zeros. I’ve been in and out of commods for a couple of decades. This asset class is back in favour. Equities will fall Property will fall Debt will rise Commods will rise. All part of the cycle.
Seconded.
hTTps://youtu.be/qqvTX0qYU9k Excellent summary. NAV update imminent.
The have been some interesting TR-1s over the last couple of weeks at AFN and OBC. One an ex director of AFN from over 10 years ago buying a significant holding (6%) back into AFN, the other already an AFN shareholder with over 8% now loading up with OBC!!! Something is going on and these guys can obviously buy shares without the FCA being suspicious. AFN & OBC have something up their sleeve and the clever money is now pilling in again. Peter knew when to get out of OBC in Nov 2017. He now knows its time to get back in.
isn't over.
I can sell 30,000 shares without going NT well over bid but struggling to get quote for 5,000
Someone is hoovering up any stock available.
looks like Peter O'Reilly knows his entry and exit points with OBC when selling up end of Nov 2017 when OBC shares were flying high. If he's pilling in, you wont go far wrong following him. He isalso a significant shareholder of ADVFN with over 8% Like I said a couple of weeks ago. Something exciting is going on at AFN/OBC.
Peter O'Reilly buys 3%