Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Before investing $20m in the demonstration plant I presume there are lab based experiments which will take place first in order to test that the intended process works in the lab so should certainly work in the demo plant.
Dont think we are in a close period as Finals not expected until later this year-only trading update expected so Lance may have bought 100k shares today @ just under 10p-or any other Director & , if so , that would be a positive !
Ceo said there would be a trading update shortly after the year end , ie 30/4 - so nothing else for him to say,unless trading has either deteriorated substantially further or substantially improved .
We will have to be patient for another 3 or 4 weeks until the "reveal"
I have said previously that I would rather we acquired Centurys 30%holding in Pitfield & the owners of Century would then become major shareholders in EEE-which should not be a problem as all stakeholders have a vested interest in a successful outcome.
Pain Hustlers-film on Netflix-based on a true story of a company selling a painkiller , building out its team & ultimately transpired to be scam, the founder being a billionaire from the companys success until it unravelled.Interesting embellishment of the lengths sales folk may go to in the US to get their sale & encourage Drs to prescribe.Emily Blunr excellent !
Greg is a great snakeoil salesman but his credentials as ceo of a quoted company are clearly suspect.The recent numbers debacle was a disgrace,we have heard nothing tangible about Canada ,South Korea or China & Norgine continue to progress in their substantial territories at a snails pace + the last 8p raise was a disgrace & destroyed shareholder value.At some point we will either go into Admin or be bought cheaply by AOP & we shareholders will,mostly,lose a substantial amount of our investment - but all our own fault!
Suzy must have been aware for a considerable period of time that Theoremx was unlikely to proceed & she stubbornly persisted & if she & the Board recognise now that a new CEO is needed to take us forward they will have known that for a couple of years.Our Chairman is weak which is also why Gerry & other "senior" personnel have remained in position.I would have thought that prospective large investors are more likely to support the next heavily discounted raise than buy in market-unless our cash runway can be lengthened substantially by an unexpected Corporate Transaction - & , realistically, if there was any chance of funds inflowing from Euda/Tx,Suzy would not have "stepped aside " right now.
Good luck all - we need it !
Probably as expected & disappointing that our power plant is taking longer than expected to complete while costs continue to accrue.we should not have expected Touro news but it will provide a boost when it arrives-so for now & next year , lets hope our costs remain under control & the CU price continues to firm.
EEE is a binary play on our ability to produce large quantities of high quality titanium & presumably Sean will attempt to explain how in next weeks investor meets.Those in the industry will have a view as to the viability of our prospective vast resource & the likelihood that Pitfield will,eventually , be a substantial producer, disrupting the World Order in titanium production .Hopefully the industry experts understand & believe Seans rhetoric about our massive possibilities
I am sure there will be many in the Aussie mining industry asking whether Pitfield may really represent a unique discovery in vast quantities of a type of titanium not usually discovered in huge quantities & with a prospective end product priced at the top end of of The Market -surely 1 or 2 of the majors will be tempted to take stakes what amounts to paperclip money to them & to ensure that they are round the table when the real discussions start.Our Saudi investor did just that @ 11p & if a couple of others want a decent bridgehead, say 10% @ 11p,our tiny little exploration company could become much more value -especially when investors with serious credibility start to show an interest.As I have said before, I would also like our colleagues with 30% of Pitfield to exchange their holding EEE shares & we then own 100%, which would eliminate any prospective conflicts.
I appreciate that our SP may drift back while awaiting news, or because 2025/26 seems a long way in the future-but unexpected corporate events could take place at any time which would override all else - for which reason I will remain fully invested & be patient.
Good luck all !
Lets hope that the results contain no unforeseen disasters & that another bid will come on over the coming months to give ewe long termers an honourable exit
I thought our Latam presence was fairly successful so perhaps there is expected growth & better to have a call centre in a lower cost Spanish speaking country -as opposed to Tucson Arizona.perhaps a substantial G3 deal is about to be announced to supply Guardian enabled,Buses,Coaches,Trucks etc to 1 or 2 of our Latam customers?
At the very least, Interims on 18/3 together with Outlook statement & the usual scripted Proactive interviews & hopefully Paul will confirm that we remain on track for cash flow break even( & it would be shock if he didnt as he reaffirmed earlier this month )
As ever we await te now long awaited award of outstanding RFQs together with G3 contract news , hopefully in material quantities such that our Outlook will improve -apart from an initial material contract for Aviation,(even if not deliverable until 2025).
If our SP remains subdued & no bad news is forthcoming the only thing I can predict with confidence is where our 24/25 Isa allowances will be invested.
If we are undervalued I presume our key shareholders will be keen to buy us cheaply & in the event of that occurring it would be unlikely to be at a higher level than the last raise - unless it happens 2 years from now , by when we may be cash flow positive.Similarly-if Greg & Santosh think we are ridiculously undervalued, they would both be buying large numbers of our shares.