Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Same as you Mike.
Sonangol wouldn’t even bother testing these wells if they didn’t have high confidence in them. Remember this is Sonangol’s flagship “return to onshore”for Angola project after divesting a ton of offshore assets (AET took some)..
They’ll release data when they release data .. I’m sure it won’t be too much longer.
Haha. Yeah, buying shares is the easy part.. being patient to let them do their thing is the tough part ., GL mate 👊
Cash runway until mid 25..
Strengthens balance sheet ahead of working further towards commercial deals.
“The net proceeds of the Fundraising, along with the Company's existing cash resources, are expected to be utilised to establish the commercial proof of concept of the Company's LungLB® test”
You can still buy less than the fund raise..
It's looking better by the day here. When this funding lands.. from one or the other.. the journey begins. Gl all.
No news is good news they say.. remember we were all like cats on hot tin roofs about the delays last year on results of spuds... then they came good. Bit of patience and we will be over the line.
It looks that way DSJ. 34.5m in placing and 17.2m option. Must have taken it out via cfd or something ahead of issued shares?? not sure how that works
10% TR1
Yes, they’ve had (well covered) issues but still making decent cash
Make your mind up benchwarmer. Either you’ve held for 10 years or you haven’t.
On the 14th February you said this.
“I’ve come back in here after a very very long time”
Crazy isn’t it. sadly we may aswell ignore it
“ The U.S. fracking revolution has caused natural gas prices to drop 47 percent compared to what the price would have been prior to the fracking revolution”
Are we there yet?
come on corcel!
Higher than here Adam 😀
I guess a lot depends on wider market. There’s not been much appetite for risk this last 12 / 18 month. But derisking this with a funding partner might set people thinking again, and realising the scale of what’s on offer
With summer arriving and usa looking to reduce interest rates (Fed last night) quite possible UK nay follow the lead with a small one this year to try stimulate some growth. Inflation down as per yesterday news.
Results might be baked in down here hence director buys.
“Therefore, in terms of the full year ending 3 February 2024, we now estimate profit before tax and adjusted items will be between GBP915m and GBP935m.”
Looking much better after Fed comments on a couple interest rate reductions this year.
The GDX is way below the high of 2012 when Gold hit $1800. It’s still decently below the high when Gold hit $2000 in 2020 .. granted these are different times with inflation and dollar strength, higher costs for miners. But, Gold miners within this index will be reporting far higher numbers in 6 to 12 month if Gold price stays up here or higher. Good medium term to long term place for some cash.
If you search capitalmetals (all one word) on Telegram there’s a chat group. seems quiet but reckon it will get busy busy once funding news drops
Sounds ace to me. Onwards we go
Gold pumping!
BREAKING: Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in 2025 following a recent uptick in inflation
https://x.com/markets/status/1770513516249674110?s=46