Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
This seems to be a dishonest concern. No statement about the amount of gold poured, if any!
We are still not up to pre- covid rating. Like many other stocks the market is still in a bombed out position. MKS has shown that it has the ability to change. Full marks!
We are having a very slow overall recovery.
It is a real disgrace the way the London market handles this share. I have in previous entries advocated the leaving of this second rate London equity market. It no longer is a properly run system and only caters for shorters in the large pension funds. Over the year I have been reducing my stock holding here by 3000 shares.
I see one of my mining holdings BHP has thrown in the towel and taken the sensible step to leave. Smart move!
Our London equities are so undervalued that they are a gift to foreign predators and will all eventually fall into foreign hands.
This is a wake-up call. We should stop trying to make our profits by deliberately downing our own businesses.
Sorry typo , almost double to £500 with increased dividend.
If they increased the dividend to 500p the share price would be nearer £50.00 a share. IMHO.
I don't think so. British companies have been hammered so much since the virus that they should crawl up to the pre-virus position gradually to reflect their true value. Slowly but surely!
This firm should split into two parts, one to deal with the mainland and the other to deal with our dodgy foreign neighbours.
I second the view that the Emma crowd are booted out.
I am thoroughly sick of their management style.
I like to see the number of gold ounces poured. These two firms simply have no figures on this aspect.
POG and CEY can publish actual figures which makes them more creditable.
They are not running the firms as a tax loss which I suspect is happening here.
Does anybody know the number of ounces of gold that have been poured since December?
The management here is rubbish. They should sack the lot and get some talent in that knows how to pour gold. Test drills are fine but you can waste a lot of cash resources on just digging holes in the ground. That, at this stage, is an imbecilIc approach. The gold price is still high but we ought to be getting some returns on our money. Why wait until it drops to $500 an ounce?
I look at the stupid way Great Bear Resources is being managed and I fear then same idiotic approach is being followed here.
These guys are just a bunch of fools.
I suspect that Lufkin is a fall guy, set up to make sure that PFC are refused further contracts in that area and rival companies can gobble up the goods.
He could be paid a fortune to admit the charge.
It would be a laugh if the SFO was bribing him.
The company is operating in an environment where it is customary and respectable to demand bribes.
The rules happen to be different. The contract issuers are regarded possibly with the highest respect and are untouchable.
Still, British workers get bread and butter in their mouths. Why deny them this?
If the SFO office were to do their job properly we could with some luck see the yearly rise in council tax evaporating.
Council tax never decreases. There is no incentive here to save money. There should be rewards based on efficiency not rises for over paid bureaucrats who gobble up loose cash.
Absenteeism should mean sacking, not sustaining outside agencies.
DENBY69,
Petrofac could keep the London listing and set up the new firm using the Amstrerdam exchange listing.
if high earning British firms are to be ruthlessly penalised, they should show their disgust by moving or dividing.
I am fed up seeing private British firms being penalised while public councils get away with every crime in the book.
Talk about turning a blind eye!
I endorse the view of a previous contributor that the company should split into two. One part deals with the British isles and the other company handles the rest of the world which operates using different topsy turvy standards.
This could keep the London carrion at bay. This company should return to greatness as quickly as possible.
Any fine should be paid at 50p per month over 'X' period of years to snub them for the damage they have done.
That would really sicken them. Treat them the way they treated you.
The expensive legal team employed by Petrofac should be suing the SFO for billions in lost business due to their extortive meddling leading to a massive collapse in share price and new contracts.
I cannot understand why a backfire situation should not be instigated seeking billions in compensation.
Wakey, wakey!