Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The financial statement :
An object lesson in how to fritter away huge amounts of dosh on fees, advice etc for no benefit other than preserving the director's lifestyles
Exploration permit:
Pointless window dressing.
When are these highly remunerated t*seers actually going to do some real work?
As shameless as our spineless politicians.
eric,
why should ed look after investors like you by raising money at an acceptable price to you?
his only concern is how much cash he can raise. how many shares that translates to is completely irrelevant to him.
please understand that cash is there to keep his salary and benefits in place. nothing else.
kicking the can down the road is just fine with him.
kallak: going nowhere anytime soon
finland: this plot of land is a mirage. no factory 2 years after reserving the plot? can't blame a ******ed government here, eh?
kosovo: just a joke. £3.25m of your money squandered on a few drones just because the chaps on the board were old pals of budge's and they mugged him royally.
a fraudulent circus for years and long termers are still wringing their hands about how unfairly they've been treated
Long term holders who continuously whine “what about us” need to wake up.
The board could not care less about dilution or number of shares in issue.
They need one thing - a pot of cash to use for their own benefit, like an ATM. And long termers keep obliging, which is completely unfathomable to me.
3.16p, then 2.06p, now 1p or less and continuing to believe this is a solid investment.
It is not, and hasn’t been for over a decade.
Why all the shock and disbelief since the RNS?
The cash call us entirely expected and it's happened exactly the same as it always has, at a derisory price, with advisors taking huge chunks of your money.
Hideous dilution and Sunak like promises of future value.
It is all nonsense!!!
They are insulting investors, even being crass enough to state the money is for exactly the same purposes as the last two cash calls.
It is simply to keep the board's gravy train on track.
I can't believe people are considering supporting this.
Talk about good money after bad.
Fools and their money are easily parted.
The problem is, Eric, that what you are waiting for ( a handsome profit ) is never going to happen. Have you considered the effect of inflation over 15 years, added to your paper losses? Even the monthly broker charges over such a long period of time is just crazy.
The only way to make money here is to buy and sell quickly, as some will have done these past few days.
Long term holders have been wasting time, effort, emotion and huge amounts of money.
As an aside, the fad for evs is already over. Musk has made his money. By the time BEM get their act together, battery technology will have moved on.
And the dilution necessary to fund Kallak, Finland and Kosovo means you will never turn a profit. Sorry.
Banner, if you plan to pick people up for not understanding how trades and their reporting works and spouting nonsense, you'll have your work cut out.
There's precious little else posted.
Great for gardening tips, childish comments, soppy poetry and people believing they have real friends on here.
Sad.
The recent flurry of RNS activity is no more than a weak attempt to justify the existence of activity ahead of the imminent cash call.
The Kallak RNS was simply an administrative tidying up of the geography identified long ago.
Vardar, almost a full year n from giving them another £250k on top of the £3m already squandered, and they’ve managed to fly a drone around and dress up the paltry effort as”encouraging” It is not significant in any way.
Back to sleep zzzzz
The Sami appeal decision is months away, if not a year or more, and Sweden will be gearing up for yet another election before long.
People ask why no movement in the SP, other than downwards. Come on, nothing is happening really is it?
Smoke and mirrors.
Exactly, Pocko!
I invested in BEM with the timescale of a payoff when I turned 60. I am now almost 68, and the SP is 88% lower than when I first bought in early 2010
Long term global economics means nothing right now. Clutching at straws as I anticipate a cash call very soon.
Good grief, Eric! Do you ever sleep. Posting incessantly round the clock is unhealthy in the extreme.
The weather is good. Get some fresh air and switch your phone off. I promise you won't miss anything
Take care, Eric.
eric,
i fail to see what reason you still have left to believe a word they say!!
all evidence points to it all being a big fat lie.
have they said what the parameters are for the review? no
have they said what, in each of the 3 projects is being reviewed, by whom, or how? no
have they come clean about why ulla left, or the real reason budge is gone? no
the positive meeting the new ceo had at vardar: what made it positive? what came out of it? no details given, because they have nothing to say.
it is all bull****, eric.
Eric,
I've lost count of the times you've ( quite properly ) questioned the need for a 6 month review.
There is no 6 month review
These muppets are simply bereft of ideas or the ability to formulate a plan, so are keeping you at arm's length while they steal another 6 months wages.
Write this off, Eric and forget about it.
It's done.