Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I think Andy Butler is prepared to put his reputation on the line over this upcoming drilling program. There is a quiet confidence about him and I'm more than happy to sit back and see how things develop.
There is a significant amount of work to prepare in the immediate term to go ahead with the drill, but with rig availability in December, maybe even October, that should be the motivation to keep things moving forward.
I thought you have only been a member here since November '23 HFB, I mean VisitTimor.
Anyone pinning their hopes on Dunrobin are either; in for the long haul, or they are complete buffers.
Unfortunately I'm of the same opinion as you Jarvy. The last raise has shattered any optimism I had for this investment, and further dilution down the line seems inevitable. By the time the drilling is completed and hopefully a sale of Chuditch/Sundagas, what % will Baron actually be left with.
If the q4 drill at Chuditch is to progress on schedule, when are we likely to hear about the financing around it? This year promised so much, but with the rock bottom placing, any momentum or optimism has been sucked out off lth.
I've read it twice Neill, that was enough lol
Nail on the head swampmonster. I haven't has as much as an email from H/L
He is up for re-election this year.
Is the concept study due by the end of next month?
It's very difficult to assess how advanced Sundagas are regarding drilling finance. I thought we were to receive clarification by Jan 31, I must have misinterpreted that deadline.
You have roughly 12-13 months to research thoroughly, no need to panic just yet.
I'm waiting until sale of Sundagas, 12-14 months hold in my opinion. Genuinely wasn't expecting a bounce on today's news. Rumours of possible drill in q3 could hopefully see a sale late this year
It's nothing that we were not expecting. To me it is more of a formality than anything else. I'd be suprised if there is a significant positive impact on the sp due to this rns, hope I'm wrong but news regarding drilling finance is much more important.
I think it will be early 2025 before we see an sp that reflects the value of Chuditch. Baron will complete the drill, maximise the value of Sundagas and sell that part of the company off. March 2025 is my guess.
I think it will be early 2025 before we see an sp that reflects the value of Chuditch. Baron will complete the drill, maximise the value of Sundagas and sell that part of the company off. March 2025 is my guess.
It's been a very quiet start go the year regardless. If there is an extension to the mou at the end of this month, its difficult to see the drilling program taking place later this year.
I'd settle for an unsubstantiated rumour at this stage.
When news comes, it comes fast.
Block P is significant for sure.
Hopefully in the New Years speech.