Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Https://twitter.com/HelixExp/status/1783026544471867627?t=od_ebw65VK6a37JXhH24Ig&s=19
New interview here;
https://youtu.be/H4XWyVXGJB8?si=4DW0TOJS5mLugTMY
All the ducks lining up here.
Keep up the excellent work AB
"The refreshed Board and executive team are committed to building shareholder value, strong governance and transparency. The Board's priority remains to progress and realise the value in the Chuditch project in Timor-Leste, where we continue to prepare to drill the key appraisal well in parallel with discussions with potential funding partners."
From their plans as laid out in the presentation and interviews done since listing , the $9.3 million raised at ipo will be spent as follows;
1. Scoping study this quarter
2 One appraisal well to be drilled and extended flow test Q3 ( costs $2.5 Million)
3 option for a second appraisal well
4, Feasibility studies in Q4.
5. May acquire additional project.
Next expected news due soon is the rig contract .
The ipo share flippers look to be nearly done imo.
Caesar, imo 30p £36 million market cap) by well spud is realistic.
On sucess who knows could do a he1 and get to £100 million market cap.
The big advantage hex has is the proven experience BOD especially the ceo, the project location and is fully funded for next 6 to 9 months .
Agreed with UPl comparison. BOIL should be similar market cap which is about 0.20p.
On a successful well drill who knows where this could go ( at least 0.60p imo ).
I think a JV news here is pretty close listening to recent AB interview.
Helix on twitter. Give the account a follow;
https://x.com/HelixExp?t=7QsouO2pM4IopH1lYWy-KA&s=09