Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I am keeping my fingers crossed there will be a chance of my getting out before this happens. IMHO this RNS was to prepare and give us notice of it happening. I will vote "NO" if I am still holding, but I believe us pi's have no chance of stopping it if it goes to a vote.
Not the RNS I wanted; especially in run up to Christmas.
If BOD were confident of there being oil they would be buying? I do not recall any past purchases of any note.
Also, were there any oil shows at surface when they drilled. Have not seen any mention of this. This would be a good indicator of the prospect of extracting the black stuff.
K3
Understand where you are coming from. I did so a couple of weeks ago. Could not see what would drive the sp in the medium term. Frustrating share to hold, but I dont have that issue anymore.
ATB to you and remaining holders.
Gov needs to recoup it's back to business covid loans from non payers' back (fraudsters) so genuine investors have to take up the slack I would guess.
Shame on the Gov
Suppose even more reasons to make use of ISA allowances when possible. I will hope to bed and ISA my shares as soon as they are in profit - hopefully soon.
Wonder what limit is and whether more chances of return there than with the share??
Hard( for me) to see what, if any, near to mid term price mover(s) would be. I hold myself responsible for decision to invest here, but beginning to regret this.