Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Usually days before an announcement the share price increasing means a massive decrease, is this the opposite. whos knows? probs some insider dodgy Cr*p going on either way.
What a confusing response, so they confirm they have stated a update on FY results and operations will come in April while simultaneously saying they have not confirmed they will give an update. does that mean we are getting results in April?
Trying to decide whether to take my 80% loss and funnell the remains into IES, what further upside do i see at this point. im struggling to quantify personally, will let people know my decision over the next day or so. its very hard and the biggest lost i have had to weigh up absorbing.
They haven't announced this, hoping its tomorrow if they go off past form. so we get a steer of the balancesheet and cost cutting picture.
What happened to the samples ect for this, surely they can sell this wholly cost inducing function.
Which way is the rocket facing though!?
Ahhh the classic share price rise of the next couple of days until some news drops. Nothing new with this share, its been so the last 4 news drops...
Thank you so much for that analogy, actually gave some humour to this otherwise painful update. spot on with it too ha!
The news reads anything but ok, best case we only get majorly dilluted, worst case we get even more majorly dilluted and people are saying this is a buying opportunity and buy the dip just like a crypto pump. its amazing. the dillution price could be lower than your buy in, its not a buying oppurtunity, its a spin on a roulette wheel but this wheel has over 1,000,000 numbers on it.
Yeah i hold at £1.30 weighted average so... debts at around or over £550 million so it could triple its traded shares to wipe that out... to get back there it will need to be a 2bln mcap company, not a chance. if this is diluted at or just below this price and a hefty wedge of debt at that then this is a lost company for me. lets wait and see..
Just checked and i can still trade shares as an FYI. Id be doubtful on a offer, owner owns 20% of the company. funding or a large contract win seems more likely, or perhaps some leaked news on financials getting out. it is somepoint this month after all. We will see.
Grezzz,
Yeah it is unfortunate but it was worth the fight for shanta, good to hear your friends made good money in it though. SRB is my biggest gainer and i still think it has more to give with gold going up its economically feasible ore body just keeps growing too. I have only peaked at CEY its been a solid recovery play and looks to be turning things around, AISC remain stable, gradual sustained increases in annual production and a good pipeline of production projects all be it in an area thats got a few issues around it at the moment (Cote D'Ivoire) they look promosing. Id be tempted it was the simple fact i wanted a larger miner with good exposure to silver i didnt choose CEY, its definitely one ill look to take a position when i get more lumps of cash to invest. I wont drone on about investment case for gold as thats why we are all here but aslong as you are in a stable producing gold miner, all should benefit massively considering the upward momentum golds going to have atleast for the medium term!
Grezzz,
All have their merits, THX most undervalued but in a risky area, SRB is in a stable region also undervalued but like THX hasent got a long proven resource minelife. But with little capex spend i see this easily changing. HOC is in a much more safe and stable area, and exposes to around 40-50% of its revenues in silver which, silver, i see as very undervalued plus it is expanding its production. Although when i was initially looking it was 90p however, i decided to hold SHG throughout this fiasco so unfortunately missed that buy in. FRES is potentially a punt for another silver play but medium term their production is marginally reducing so isnt as attractive to me. People happily correct me on my evaluation, it is all my opinion and interpretation.
Oh well we have tried. Topped up my SRB THX EDV and bought new positions in PTAL, FRES and HOC. its a shame but theres many more out there. Good luck all its been a pleasure
Come on guys, this level of suspense is cheaper than a day at the casino. Currently in italy eating good seafood and sipping wine in anticipation of the vote. Buckle up
Also gold breaking $2300 potentially, what a steal if it goes through
What time is the vote announced tomorrow. And if we do lose can we sell our shares still on the same day?
Also when you factor in fridays and sunday nights gold rally. The fact this has decreased in price gives me hope we could win this, although i could be severely disappointed come thursday!
The fact its a touch down even after positive news towards stealing rhe company surely means sentiment is its very close and possibly may not pass.
Barry5 has a point in weakness, yeah 0.15p drop is explained through ex-divi but its at 0.20p decrease, while gold has just broken out $2200 again today. upward gold price against a larger decrease compared to dividend payment shows it clearly ahs some weakness there.