Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Looking forward to tomorrow to see if the rise continues
Rns out. Great news
This is very good news. I can see a flood of buys coming in when this is set
The Company also announces that it is considering a distribution to qualifying shareholders on a future record date of an assignment to part of the proceeds which would be received by the Company in the event of successful monetary damages payment in relation to the Company's Energy Charter Treaty claim against the Republic of Slovenia. This would, if implemented, enfranchise qualifying shareholders with access to a portion of the damages proceeds being claimed which would not be exposed to future changes in the capital of the Company. It should be cautioned that in the event the Company is successful in its claim any amount actually received may be significantly lower than the full amount being claimed for.
Each day the claim is going higher and higher. I am amazed they have not made an offer to make us go away.
Nice chunky document to read through this morning. Looks positive
Any ideas how it went with the geo energy? Strange no RNS
I wonder what news will come this week. 2 day arbitration meeting due.
Ah well looks like links cannot be added here
H t t p s://****/+sIZEuk68VS0yYTM0
try again
(*************+sIZEuk68VS0yYTM0)
Come on over to the ascent telegram chat board
*************+sIZEuk68VS0yYTM0
The longer it takes the better for me. I buy shares every month to accumulate. I have no rush for settlement. I retire in 9 years time, if it comes through then my son will be 25 and can then retire too as I will give it all to him
Good morning Andrew, it looks like the issues of Russian gas supply continues and we have so much in the ground. Are discussions going to be held about allowing Ast to run to its full potential? Surely it’s now an option and previous restrictions can be overturned. We can still go for compo for lost revenue but must be attractive to them if we reduce this pending reopening
https://news.sky.com/story/g7-finance-ministers-agree-price-cap-on-russian-oil-to-choke-putins-war-machine-12687804
All that gas we have and not allowed to extract it. Crazy!!!! Slovenian government must look at turning around the previous decision to ban.
Are any sites accepting buys on ascent? Ig only allow sells
Great article on wales online. My portfolio is heavy with Alba, fingers crossed this is the big one.
Hunt for gold under Wales' mountains could be worth millions
https://www.walesonline.co.uk/news/wales-news/ultimate-treasure-hunt-under-mountains-23045748.amp
So that’s pretty much saying if I bought the 120k ish shares at 7.5 etc the price would shoot to 11+ ???? If so I might do that now
In all honest I do not know, I can see a drop but to what level who knows. The price has risen due to potential settlement, however there is still a strong chance of settlement or payout so that hasn’t changed. It will just take longer, we are up and running and there is always Cuba. The market value of the company is still so low. One thing for sure, we will all know soon enough.
I made contact with AD again to try and get some answers
Hi Andrew there is so much negativity after the Friday RNS, forums, tipsters all
Predicting an avalanche on opening tomorrow due to the lack of information in the RNS. Are you able to release anything to try and settle nerves and panic selling tomorrow? Long term holders are going to be wiped out here otherwise. Can information in the letter be expanded upon? Was there any offer from Slovenia at all? So many questions to be answered.
His reply
As per rns slovenia failed to put forward a damages proposal and an amicable settlement is not presently achievable. Panic sellers I presume would be short term traders in only for a settlement by the 19th? I don’t see how Fridays news changes anyone else’s view on the company as we are funded and executing a diversified growth strategy to not be contingent on Slovenia while we also pursue redress for the republics failings which have caused the company significant damages