Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I’m not terribly worried. But we do need the SS deal quite badly. Does look like we shall get it. As for the share price, I think we’ll be late teens now if trading. It’ll drop like a stone. Markets are brutal. We were never that loved. Good luck all holders. Love all your posts. Such good bunch here.
KKell, no one knows the real answer. I asked similar questions and any answers can only be educated guesses. The company should give out an rns clarifying but perhaps they couldn’t given the current situation.
The most appropriate two words to all the questions: ‘wait’ ‘frustration’. You cannot go wrong with either.
I’m glad I’m away for a work trip next week. Takes my mind off this.
One thing I don’t understand is last year after announcement of the SPA signed trading quickly resumed. Now they said SPA already signed with the SS deal, in theory we don’t need to be suspended? So why suspended?
I’m sure AK has been working as hard as he can and I don’t think we can blame him for all this. However he should have also delivered on other promises such as Niger and others.
It is what it is. No matter what please don’t let this ruin your holiday mood. Don’t stop the cavalry.
It doesn’t matter one way or another. As it stands everyone (maybe a handful of exceptions) is disappointed with the situation but it’s not fatal by any means. All is not lost if SS gets swiftly signed off. I’m not terribly worried just wouldn’t have thought after 18 months we’re where we are. Doubt any significant news for the rest of the year.
It’s definitely orchestrated for a suspension to protect the share price. How far along is the SS baby who knows. Like to believe it’s +90% incubated. We’ve had quite a lot surprises within some very short hours let’s hope for some more fairly soon, only the good ones though :)
Looks like we’re all long term holders by default :)
Not exactly a satisfactory outcome - how much have we spent on these two deals? SAVE is still a very safe business even if these two deals eventually fail ( thank you for the posts)? Can we still afford to finance Niger ? Out of the accugas business? Please all the senior posters share your views.
AK must have had some sleepless nights over the last few weeks. In a way I have to thank him for suspending the shares to protect the shareholders.
Back to my perfect guilty pleasure ‘Stop the Cavalry’! So bad it is actually good :))
They obviously knew the deal will collapse some time ago and the SS announcement was timed for suspension to protect the share price. Sort of disappointed but if the SS deal goes as planned then all is not lost, still can be very good. This chain of rns(es) isn’t coincidental, it’s planned.
We were all singing AK’s praises since Friday! I still think he’s very capable but perhaps needs to rethink his strategies. Niger in action is what we need. What will happen now with the renewables?