Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Excellent RNS which is positive is so many respects yet the sp still stagnates at these low levels and is in the red. Makes zero sense. Boil is moving in the right direction and i expect the market will wake up soon enough to re-value Boil in a big way. Holding for massive returns which are so close imo.
This is a very positive move by Boil, get rid of a dead weight project seemingly going nowhere and focus all resources on Chudditch. This is where the big money is and demonstrates the strong focus now on Chudditch. Seems Andy Butler is getting things rolling quickly now. Very surprised the sp is still at these lows but i think it will start a strong move back up imminently now. Positive action is being taken by Boil now so the sp can only go up imo.
All looking good here. Good interview from Andy Butler. Recent placing out of the way and no further placings due soon. The sp is at a very low price and there is way more upside now due imo. Those deramping clearly have an agenda and are now grasping at straws. Things are moving in a positive way and i expect to see a much higher sp over the coming days/weeks. Andy Butler now in charge is a big positive and he will get things moving in the right direction. All looking very bullish here now imo
The sp has been hammered down to the recent placing price. With strong assets a JV would boost the sp in a big way imo. Bearing in mind how much we have come down over the last few weeks a 2 or 3x from here with a JV in place is feasible imo. Once the positivity hits here the sp can move fast and quick. The investors of the recent placing must have good reason to buy into the placing so i do think there is some solid positive news in the pipeline.
Seems sentiment here is reaching new lows. I assume those that invested in the recent placing at 2.95p had good reason to. Wonder how they feel seeing their investment already in the red. The sp is on it's knees yet again with so much negativity here. The BOD is a complete waste of space and i'm sure most investors believe that. However at some point the sp will move back up. It can move up very quickly and will likely catch people out waiting for an even lower sp. News of getting Anza back can drop anytime and will have a big boost to the sp imo.
I do think OMI will get Anza back soon enough. Logically they will have other investors in the background to help with the funding of Anza as placings alone will not be enough to fund it. With Anza back OMI can set up a new contract that is much more in their favour this time. It is obvious OMI have been out of their depth with Newmont/Agnico so once they get Anza back they will have greater control of future contract negotiations. Thjis surely will be good for shareholders and the sp going forward imo.
Clearly the contract with Newmont/Agnico is very murky from a small shareholder's point of view. It is like David and Goliath and OMI have little sway with the likes of Newmont/Agnico in reality, so what karl345345 says makes more sense to me. I think in reality OMI are not in a position to play hardball if they want Anza back 100%. It stinks to high hell but it is what it is. I just want things to progress 'quickly' so we can get Anza back and move on from there and towards a higher sp.
OMI have been a complete nightmare for many investors and it is obvious many wish they had never bought in with the way the BOD have dealt with things over the many past months. The sp is near to it's lows and the the recent placing was another kick in the teeth for many. Every dog has it's day and at some point i do believe OMI will get Anza back and the sp will be at a much higher level. Selling at these levels makes no sense to me as so much negativity is already now built into the sp. The sp at these levels is a good buy in point imo from a risk to reward point of view.
Very true Chickenlegs...My take on things is that the BOD will say what they want to say for their own agenda and to fund their lifestyle as such but at some point we will get concrete positive results that we and the market will like. Until we do get concrete results, anything they say and do i will take with i pinch of salt. The BOD have proved to be out for themselves imo and the hard reality is we are just something the BOD have to put up with. That said i will hold and try and top up at these levels as i believe the sp will be higher going forward. Getting 100% of Anza back is the goal which i believe will be achieved soon enough and that in itself will be a big driver for a higher sp.
OMI did a placement earlier and for lower than i expected. That said it is now done so the next raise i would guess will be several months away at least. By then the sp should be higher imo so i hope this is now the bottom for it. Hoping we can get some positives now and get the sp much higher.
Without a doubt shareholders have been stitched up by the Boil BOD, however they try and dress it up. Sadly this is AIM and it happens more offen than not with many shares on this market. That said it has happened and we look forward to the positives now. With the sp in the gutter those in the know got their cheap shares etc etc, so we now are in a position to move back upwards. Just a holding game and buy at these levels makes sense imo whilst the sp pretty much all time lows. This will come good soon enough imo
Agree. Just been screwed over by my other holding also having a placing.....not a good day. That said i still think this will come good at some point his year. Till then just have to hold. I would top up tomorrow if i had the spare funds at such a low price. Alas not to be
Didn't expect a placing at this level to be honest. Always expected a placing at some point but from a higher level. With warrants at 4.425p at least it means if the sp gets above this level, OMI will likely get extra funds from the warrants. I do think though OMI will get Anza back soon enough and the sp will get a big boost from that. Till then we wait and hold i guess.
Have to agree with filthylucre and for me Boil has been a big disappointment to date. I also expected a higher sp now with the recent news. That said things are moving in the right direction, though very slowly, but i do think those holding will be rewarded in a big way over the coming weeks/months. Just have to hold and wait for the mega rewards. The sp is back to where it was before the recent farm up news but things have moved in the right direction. Concrete positive news will set the sp on fire in a big way and i am very confident this will happen over the next few weeks/months, so i hold for the big prize.
Does seem like a positive interview overall and many here seem to agree. OMI will get Anza back 100% and seems all parties are in agreement for this to happen. OMI don't have to pay back the investment costs from Newmont/Agnico until way into the future so this is another positive for us. Definitely seems things are now progressing in our favour. Looking forward to some more positive news over the coming weeks. This is market positive news imo and so the sp should gain further upwards traction now.
Good post zapsnap...i starting buying back from the 2s for similar reasons. The asset is still there and with the sp at such a low level, it just makes sense to buy in for a recovery. As sentiment becomes better the sp will move up quickly. Many are buying back in or topping up now. I think positive news is due and this will be good for the sp. Clearly Brad has to deliver good news if he wants further funds from the market. The sp at 10 to 15p is well achievable soon enough imo.
Bought a few more this morning. It does seem that there is more interest now...it's been a long time coming. The sp is coming up from a very low point so alot more room to the upside imo. I do think Brad will finally give us some positive news about Anza and this wil have a much needed boost to the sp. The present price is about double from the lows so way more to go.
I think it is fair to say that most on this board including me have had little faith in the BOD over the last year or so and rightly so, however the sp has been beaten down to such a low level that with all the cr@p that has happened the lowely sp surely is worth more than 2p or so. With that in mind there is so much upside now and very little downside imo.....as the saying goes every dog has his day. Some positives that the market like will boost the sp so definitely worth a punt if anything. The sp should be over 10p with some positives from the BOD imo...
The dump could be an attempt to liquidate longs before the eft is approved....this market behaviour happens from time to time and no doubt many longs would have got liquidated...will the market recover now...i reckon so imo