Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Under AIM rules, the requirement is to release the annual report within 6 months of the end of the financial period.
Given that notice then has to be given of the AGM, it is not under AIM rules that the AGM is required to be held within 6 months of the end of the financial period.
‘Something has come loose in the UK market, like a hosepipe that was blocked up suddenly gushing forth: another deal announced today for Darktrace and another record high for the FTSE 100,’ said Neil Wilson, chief market analyst at Finalto.
‘[Fund manager] Nick Train suggested a transformative deal could unleash pent-up demand for UK stocks and close the valuation gap. Maybe BHP’s move on Anglo American is just such a deal.’ (from Citywire)
Is the UK equity market finally stirring from its protracted period of somnolence, the Rip Van Winkle of the principal equity markets?
From 08:48:
"We're going to be one of the biggest players (in the UK gold sector, such as it is), I'm very confident of that".
Re Andover West: they have a month in which to exercise their option. Sounds as if they are intending to put feet on the ground almost immediately.
"I reckon UKOG are stringing out the AGM so they can use the outstanding number of shares they can issue to pay off YA"
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Don't think so: it is the authorised number of shares that require the approval of shareholders at AGMs, not the issued number.
GF presents Alba's option on 2 adjoining license areas in Western Australia, to explore for lithium, as very much complementary to its investment in GROC.
But can he pull a rabbit out of the hat here ? As he needs to.
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Needs to create some credible hope.
In retrospect, one can see it was the hope of Pinarova-1 which enabled the placing of 12/01 to be done at 0.20p (in new money).
3 1/2 months later, with the failure of Pinarova-1, the share price has collapsed by 0.1675p or 84%.
Text of tweet accompanying the video in the post of 10:32:
In short:
- Exciting foothold in an emerging high-grade lithium province in the world-class Pilbara.
- Focus remains on gold production from Clogau.
More later in interview going out on http://lse.co.uk.
#Gold #CRMs
9:40 AM · Apr 25, 2024
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