Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Unfortunately thinking along similar lines myself now, Ssccss. Not sure what spike we'll get from GOI approval. High 0.1's and I might be out. Might then be a slow build as production ramps up late this year and early next.
Still a lot of questions to be answered. Another Investor Meet would be useful.
Callum. I agree. Except that it was pretty obvious that the the share price would go up when the jv was announced. It now needs to go up by well over 100% to just get back to what it was when Roland joined the company.
To see what people think
Wonder when/if Roland will live up to his reputation and deliver some shareholder value ?
Before anyone jumps down my throat, I am being deliberately provocative to what people think.
Hopefully, this is the floor Steven. Just think, 19 days ago when the jv news dropped, it peaked at 0.20. Hard to believe it's halved since then. If there are any shorters, which I doubt, far from being desperate, I would think they are delighted. Don't believe for a moment the nonsense about a book build.
Would think we should hear something about the convertible loan this week as the maturity date is the 9th March.
The explanation is, ignore rumours. Lol.
Thanks Ssccss. Should have twigged TG was Telegram.
I was thinking that but didn't want to show my ignorance. Lol. Also what's TG?
yes. hope so ****nal. if it reached 0.2 i would probably be out.
By the way VF in case you hadn't noticed the share price has been dropping pretty drastically anyway. RNS or not lets hope this is one time frame that proves correct.
That's all very well VF but not putting in the rns meant that everyone assumed it would be 3 to 6 months as he indicated in the Investor Meet. He then seemed surprised that people were assuming there might need to be a raise depending on how long it took.
Yes. Why they didn't put in the rns that GOI approval and consequently the cash payment were expected in weeks is beyond me. The price would probably have held up much better if people could see that no raise would be necessary for a good while.
A multiple of 2 would do me at the moment Bob.
In view of the the lack of reaction to the jv, I would settle for 0.2 ish.
Gla.
It would be more interesting than ever to see the reasoning behind the Panmure Gordon target of 1.5p. At the moment I would be delighted with a fifth of that this year.
Yes. Enthusiasm non existent. Four posts yesterday. Hundreds a day less than 2 weeks ago.
We really need that GOI approval by middle to late March. If that doesn't give a big revival, I don't know where that leaves us.
#SYN The NSTA workshop in Aberdeen was very constructive with an outline agreement for the next steps in the Camelot appraisal program. #CCS
Meanwhile the SP performance just gets more and more depressing.
The following reply from Briana.
" The vertical wells are planned to be fracked with a target initial production rate of 2 mmscfd. We may in the future re-enter the wells and drill horizontal sidetracks. "
The crystal seems to have become more opaque Steven.
Ssccss. It was mentioned in passing in the interview where Roland gave expected flow rates for vertical and horizontal wells of 2 mmscfd and 4 mmscfd respectively. I was surprised at the time and later checked the Selan announcement.
I have emailed asking if there is any clarification that can be given.