Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Topping up under £4
Great news
UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the North Sea Transition Authority has granted a one-year extension to the PEDL137 Retention Area Work Programme ("RAWP") containing the Company's Horse Hill producing oil field (UKOG 85.635% effective interest).
The RAWP now extends to 30th September 2025 and fully corresponds to the farmin programme agreed with Pennpetro Energy Plc, comprising one new production well, HH-3, plus a 12 km² 3D seismic survey (see RNS of 28 March and 11 December 2023). Seismic acquisition is currently targeted to commence in H1 2024.
Not a big surprise and given what is going on next door neither is a delay to Egypt new drill.
Debt nearly paid off and oil being sold so delivering cash flow
AIM companies are allowed to make a loss and raise funds but UOG hasnt done either yet
Hopefully better news coming
They report for last quarter
Prices for ilmenite and rutile improved, while zircon prices softened on sluggish demand.
In for KMR March dividend so adding below £4
Down 20% wont extend Kwale mine past Dec 24.
Less competition for KMR
Enjoyed the dividends but got out at the right time
Yes bought more yesterday and will again next week
Thanks
After all the struggles good to see KMR performing well and paying dividends which will continue for a long time now
SP below £5 is bewildering?
But happy to be in at this price and will add when my BSE dividend comes in at end of month
Bought in today after a few years away at the same price
BSE dividends will drop now so KMR will replace some of that twice a year
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