Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Good day but should just be first of many as the company’s true value starts to be reflected in its MCAP. £200M+ would be understandable so let’s hope to get to at the least the £100M before too long.
The news and understanding of the opportunity here is getting out just as the copper price has picked up, so the future is very bright and I have high hopes for a very good week next week. This company's MCAP is so far short of the value of its known assets let alone future exploration potential and capacity to generate significant profits once the mine is being run effectively and that is starting to happen. GLA
Read the investor presentation on their website and then compare the price of copper to the actual price now!
Forzeb, I do not see why the company wouldn't be valued, based on proven quarterly results, over the next 12-24 months at least at£200M. Within that time it may well be possible that a larger miner who wants to enter the copper market or consolidate their copper holdings might consider a takeover.
We all would and it will, we just can’t guess when so we have to sit on our hands.
Copper price continues to soar
Company funded and staffed to transform this year
At 1350 tpd with 2% copper do the maths - at least a £10M profit per annum very soon.
Exploration to be accelerated where the last intercept showed a 70m section with 9% copper!!! That alone is worth more than £30M to an exploration company.
The mine will be upgraded and working effectively this year in a safe jurisdiction.
All we have to do is wait. This company will be worth £200M plus.
is flying again.
I would guess Angoose that the £160k was a sell by someone in the know who will start buying back after today...
That has to be right Oiltap. This company, with the resources already owned (lot more to come) and with the copper price as it is and improving is worth at least £200M if and when the mine is operating effectively. Without the mine doing that it is worthless. Even with all the warrants and options taken and there being 11 billion share at a Mcap of £200M that is a SP of 1.8p per share. I fully expect the mine to be working well this year and to become cash generative so I hope and expect this to be the last placing required. This opportunity still represents a 5 to 6 bagger minimum it is just a question of when not if.
That explains why the share price hasn’t been flying. Those in the know knew a placement was coming. The company’s long term future is even more secure now and I’m even more confident that the turnaround plan will be a huge success. Short-term of course the day traders will flee and the SP will no doubt remain ridiculously low but the market will understand the true value of this company before too long.
Onetruebaggie - I'd recommend you at least review the company's Investor Presentation/Business Case on their website. The upside is huge from here.
Yes Aubrey and that business case already looked excellent, even at $2.9 -$3.0 per lb of copper!
But only one Chill will be on sale in at least 88,000 stores in the US! :)
Fully expect to break £1 this month. The potential here is enormous. GLA.
Because it is a company with great products that it has the agreement to sell out of tens of thousands of retailers at 50% gross profit. That is ahead of Zoe and will be rolled out over the coming months and years. Theses results are meaningless to the future business and we all knew they would be. Once the rollout commenced in earnest and the sales figures are announced we can expect exponential growth. This is a start up business that is doing everything right. If you were considering investing here based on a review of past performance I can understand your sentiment but if you understand the opportunity and how well Zoe are placed to take it you’d understand £150M is totally appropriate and it will before long be a lot more.
.. for long term holders but it is still disappointing and frustrating to see the SP taken down over 7% based on sales of 0.3% of total shares/Mcap (£100k of £29M). Hey ho, back to waiting for a year or so or a buy-out.
Munchbox, I agree but a bid for the company could come in anytime of course..
As CBD smokes/gummies are/will be a major 'disruptor' to the large tobacco companies and ZOE is on to a huge new market opportunity I'd be amazed if one of those companies doesn't make a bid for ZOE sooner rather than later. When ZOE's story and quality of products becomes mainstream in the media and formally researched and reported, on I'm pretty sure they'd want to buy the company out for multiple hundreds of millions rather than multiple billions which could be the cost if they wait too long.
Excactly Ironman, the distribution deals agreed are exceptional. The backing of such partners is incredibly valuable and they wouldn't do it on a whim. They would have undertaken huge due diligence and they clearly think the Chill products are great and the market opportunity is enormous. With the quality of the products proven and the legal compliance too (no other firm has achieved that..) Zoetic is stealing a march in what will be a very large and lucrative market.
That should have said: ‘Proving’ the additional resource..