Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Happy weekend all. I have stopped keeping up with the ukog chat as I am tired of seeing my investment dwindling away! I sold at a 50% loss in January and then bought back at 0.6p in hope of a rally after water fix.... look where that got us all.
So could someone let me know why HH-2z is not flowing? They fixed the water ingress but why is it not flowing now?
Just how low will share price go? Mcap is just £18mil now.
I like many others are not best please with the sp, but they have done the sensible thing...,. God knows how they have gone through so much cash so fast but the mcap is now only a bit more than the cash in the bank! This is way over sold and a big bounce will be due at some point.
Managed to find £300 down the back of the sofa and just got a few more.... that brings my average down by 1p to 5.28p..... only because I was so much down to start with! Over exposed here for sure!
I use Lloyd’s and its £11 per trade but drops to £8 after 8 trades each quarter.
It may well go lower, but once restrictions in Spain are lifted and the mine restarts then hopefully the so will reflect that with a rise. 60% down now. Not good. What about everyone else?
Just relax.... you are all talking as though we have been diluted. Wres has an option to draw down in £500k chunks. At the moment nothing on the loan note has been drawn down.... it may be that none of the loan note is used... so no dilution.... if their is any drawdown then the loan note may not be converted to shares....
If these are someone’s shorts then at some point the seller/s needs to buy back up to 7mil shares to give back.... At the moment there is a big spread and because the shares are been bought, The MMS are not sitting on many shares. If this is correct, then the Share Price will rocket if someone attempts to buy 7 m shares.
On Thursday when the seller sold for 1.26P I just wonder if that was an attempt to keep the SP down at that price (1.26 ) and hoping that there was not a flood of buyers that we had after the sell, I think 50K of buys on Thursday.....
In summery at some point all these shares need to be bought back to close the short position... thus raising the share price.
Oil price started dropping a bit. Wonder how that will effect oil and gas stocks and their rises this morning. BTC also started pulling back as well so sold the ARB I got yesterday. Left the profit to run longer term. Still £250 paper profit not bad for less than a day.... maybe this is how I get some losses back.