Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
All positive news and need this now to bring in the herd for a proper re rate. Should be sitting well up and needs proper movement now. Significant additional growth opportunities evaluated in the Rns news report, noting 21 exploration prospects, many with multiple reservoir targets.
Results are in and current value based on those oil production stats alone are 46 million... Based on 62 Dollars a barrel.2,053 bopd and 467 Boepd gas. Only way is up. Very please where the company is sitting at after Q1.
It's very good to drop back and then gather the momentum on the next news to go and break through the 6.3 resistance level. Once it does so it's very much new territory and would expect double digits to go pretty quick...Certainly I'm seeing 10-11p plus by within the next 60 days.
It's good to sit at these levels for the moment take a good dep breath, consolidate the price and then and watch out towards April when we all expect a bloody stampede of the Herd to arrive. Under 6, good entry price before it shifts up to the next pivot.
Just will get harder and harder now for people to buy, lot of investors are long time holders and they will hold until the see true value... That's a long way off from here. Any news from a larger BP style company could see this fly though also, lot of news coming in, gonna be a real ride.