Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Sadly the algorithm (AT) Trades is set to accomadate a seller 59% AT trades today all but 200 of them a sell,hopefully the order will get cleared quickly and we can return to blue trades, i am confident that our managment are striving and working hard to ge the right deal for Anchois, i think we will get a deal that will propell us forward to the levels we deserve! Off out till 4:30 be nice to come home to a positve SP!!
I am quite shocked that the market didnt react far more positive on yesterdays news, im thinking that as many have said before funding and cash in bank are concerns, do potential investers think that in essence we have closed the door on Nambia\Brazil and will not see our back costs coffers materialise into our bank, i am of the opinion that we will probably sell our oil play intrests but what they are worth in current market condions i would not like to guess, so it could be a while before we can realise any sensible value, i am confident however that we will raise funds from our Anchois assett, and the switch to clean energy is the right way forward for the company and its shareholders. I will continue to add when i can at these prices
I think an RNS is likely to be at 7am rather than the evening, i have been invested here and other shares for years, and have a fair few, i am also confident Char will come good, but im not not sure i would put my life savings into anything in AIM, thats a brave call
I would love it to be higher but by Sept i would think 50p maybe, way higher if we are able to negotiate a draw down banking facility for the gas to come ashore! Way more buys than sells today however the Algorithms were selling to keep us down, had day off so sat in front of level2 most of the day
The expression of intrest letters RNS states that it could be a reserve based loan, maybe the next RNS will be for an appraisal well via farm out so that Chariot can get the maximum on offer ,im guessing the banks would require this, i think we must be very close to a deal
https://www.geoexpro.com/articles/2020/06/understanding-the-true-hydrocarbon-potential-of-the-lixus-offshore-licensing-area-morocco
Not sure if its been posted before
So many buys through as sells! Remember this pattern happening alot on the last big rises we had, massive volume today too, so good to be back and positive, i held through all the drills and have been a holder here for years!
Still invested here have been for years now added 20 to the lotsoo name! Not sure what my average is on my holdings would need to sort out a fair bit of time to find out! Its good to see the old girl gathering momentum again exciting times ahead!