Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Thanks for posting that you'd recently met the now acting CEO. Your confidence in her and the lack of impact DB leaving will have is reassuring.
They're still waiting for some bureaucrats in Togo to dot a few i's and cross a few t's - should be any day though, only taken about 6 years !
With that fairly mini-funding of about £300k, does that mean we've already got the remainder of the $1.5m for the expansion plant? Not sure myself, anyway fairly upbeat update.
Haven't been posting since demerger as in heavy discussions with mgmt about some CAI shares we feel robbed of by Selling down our holdings on Nov 20th. Hopefully reach some amicable solution one day
Unfortunately, there doesn’t seem to be much future but surely besides the BoD voting for themselves, there must have been some reason to vote for them?
A lot of folk like you are Selling out so it’s no wonder what is happening to the sp but I think I’ll wait to see if I can get a little better price
I'm afraid a lot of disgruntled holders have felt to exit, and no-one can blame them. I'm holding to see if there is anything mgmt can do to engineer a little spike at least.
Surely they need to hire someone up with the industry to try and at least show some purpose
I heard a recording of the minimal allowed Q&A after the vote at the EGM.
Tatnall said about three sentences including, "get the gas site funding over the line and cemented and formalised despite slight hiccups in the previous 9 months"
So, hopefully, he'll get over his hiccups soon, though I doubt it
I worked out that out to cost even less but now see you are right. Obviously, the sp would go up with such Buying but we get the gist.
Difficult to see where this company is going now : Hire someone who knows the electricity business to try to replace Lazarevic; get some immediate funding to keep the directors afloat( lol ) ; and presumably whitter on about we're nearly getting massive funding sorted for our fist gas-powered sites.
Presumably, those few who voted with Tatnall and Longley must have some hope/idea for our future. We've lost our main, or is it our only, source of income with losing Rockpool mgmt contracts. Whether we will actually push on with some sale of our 45% ownership of our diesel sites (probably at firesale values) is quite possible.
Unless we can get another GM later this year and a new BoD there is only one way I see us going ------ UNDER.
Well miffed about today's result and daft how major players could not purchase more to influence the result. Bottom drawer looks like for quite a while
Our wonderful BoD are voted to stay in control of this wonderful company going nowhere
Just in case anyone's wondering who made that massive trade today of 510 shares, look no further, it was me.
Pretty well doubled up my long-term 'holding' if you can call it that as it's been decimated, consolidated and basically thrashed through the years. Hoping for a better 2020 and get this funding done.
Can't see how the finances are ever going to work out here. We owe Eufingest so much and we've just got a **** poor price for Mediapolis Land - what, beside all these 'new ideas' (ForCrowd, crypto ) is our main asset? Is it the planning rights on Mediapolis land?
Been here so long but only think about it a few times a year, please enlighten me
You're going to ask Tatnall and Longley to defer their salary until the sp gets moving ?? Good luck with that.
It is good that you haven't joined the herd and offer some reasoned advice to question the newcomers but I think you are giving the current BoD too much credit and leeway. What has been achieved in two years, absolutely nothing that I can see. This company needs funding to progress and I believe the new guys can get that funding and also they are on much better terms with Rockpool who the current BoD have completely fallen out with.
FastLane - there are 6 resolutions at the GM (five at the AGM). Hope you have voted FOR all 6 resolutions at the correct meeting, I think it is essential to double check one's votes are cast at the right meeting. This is the General Meeting of the Company to be held on 10 January 2020 at 12 .00 noon.
Those figures are obscene - they were certainly not worth that sort of money.
Fair enough we haven’t got that much information but our current BoD is not going to publish or endorse anything to favour the new boys obviously.
It is clear to all that we have had a rough ride with planning permissions and CM payments withdrawn for so long. However, the current BoD has not delivered in so many ways these last two years. They’ve promised a few things every 4 months or so but nothing has materialised.
Imo they have deliberately confused the issue of losing the Rockpool mgmt contracts. We have lost them not because the sites are all up for sale now but because we have not the expertise to run them. We have lost the man Lazarevic who knew the business and start blaming him for leaving. He has left, blameless or otherwise, so our BoD have mis-managed the situation and lost the contracts.
The new guys will be able to get the finance we need and we do not know if that needs to be equity finance, partially, totally or not at all. They can get the business going again and kickstart it where our current BoD have failed.
Not sure you meant what's the new plan of the current Board because they haven't got one, just more wages and drag things on. They speak of perhaps getting in an expert and wittering on about the possibilities of finance - mumbo jumbo.
The new Bod will get the expertise of Paul Lazarevic straight back in the company, despite the further threats, and they have got finance ready to go I believe. They also have a very good chance of getting back in with Rockpool and the mgmt contracts back.
At the very, very bottom of today’s Rns we have the sane, reasonable requisitioners’ statement. This is what matters not the lies and fear-mongering from the current Board.
Vote ‘em out!
Just like the dodgy BoD !
There has been a trade today, a 500k Buy, the first trade of the week.
I've been accumulating lately though and am at my largest holding here now, ready to support the Requisitioners
No, none of that is fair. Quite a few Directors have been buying not just Martin who obviously did have some need to support the sp before the last month but has not continued at the moment.
Don't think we've gone into hibernation mode that oft used to accompany this share in the long winter. A Measured & Indicated M & I update for Tulkubash is due this month and our major funding is set to conclude early 2020.
It's been drifting considerably the last month but on minimal volume. Upped a bit today and that's what we need