Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
That's a handsome drill.
The way this share has consolidated over a long period and slowly risen over the past couple of months and now the positive news flow gives a feeling we're in the early stages of a growth phase here. One to hold.
Probably a classic Zephyr Wednesday RNS coming...
If the chart ends up with the kind of symmetry I see suprisingly often it will hit 10p in the next 18 months.
The KCB licenses have always been our most promising assets to my mind so any positive developments there is always encouraging.
Yes a very strong looking bottom formed in the chart. A poke above 1p will attract traders.
The spread was very wide yesterday. Some consolidation around this level will be a good setup for the next leg.
Yes clearly building for significant expansion.
Weren't they also rating it a buy at £6?
People see a number reduced and just shoot from the hip. Doesn't occur to them that in the context of volume relative to price the smaller the volume the more valuable the resource.
I'm targeting 6p this week or next.
If you think back to the heady days of 2021 when we were in the 7p's just building up to the 16-2 drill. Work at 36-2 was just a distant dream.
There's a channel structure in the chart that if filled would see this near 6p in the next few weeks.
Petro what you're in effect doing is telling microcap investors/speculators not to make money out of opportunity. Good luck with that!
That was some dump! But plenty of buyers hoovering up. Interesting couple of days.
That would seem the best outcome for shareholders. Great opportunity for the new management.
It will be Jason Cropper. He was loading up here last year, we were all wondering his motive. He may be tax loss harvesting or he may have decided with the EV metals FD hoovering up the EV metals stake that he wasn't going to be able to build the position of influence he was after.
Most likely a little tax loss harvesting.
If it is a leak it can only be news of the rig contract?
As an investor focussed on the share price it seems to me that now there is a revenue generating resource, combined with the backing of the Kasangra's, it's hard to imagine the shareprice hasn't bottomed - the threat and execution of dilutive raises which destroys share prices for these companies seems to have gone.