Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
RNS delivered on time and all looking good it seems. I think many including myself did not expect the RNS today but it is a big welcome. Just a matter of time now before a JV or buyout. Either option will lead to a much higher sp going forward. Boil in big demand now i feel...
Have to say getting fed up of these people on twitter pumping and dumping coins to suit their trading strategy...best to avoid such people imo as they usually have their own agenda at the expence of the rest of us small fry...Chuditch will be a game changer for Boil but timing this is very tricky....really is just a matter of holding for the inevitable news when it lands and try and forget about the daily ups and downs...Be nice for a big juicy RNS tomorrow but not holding my breath, however i will take the opportunity of a small top up if the sp drops first thing as it will likey recover fairly quickly to much higher levels imo.
As we await news, the MMs will typically try to push the share price down, scaring people into selling and so causing weakness in the sp. Boil are leaving news to the last minute it would seem. Hope we do get news tomorrow, however have to accept that Chuditch news may miss the February dealine. That said, no doubt big things are happening in the background and a big RNS is very close either way imo. Those selling now will risk missing the massive rewards due any time now.
I think for Dunrobin it was more a case of buy the rumour, sell the news and now as we await Chuditch i guess people are just more wary as we approach the end of the month and with MM scare tactics and a wide spread, the sp it just stagnating for now. Chuditch news is of more importance so just a waiting game i would say.
There are many reasons for people to sell, and MMs are able to instill fear and scare people into selling is just one reason...that said i am very confident of big positive news from Chuditch and expecting a big re rate upwards in the sp as news comes known. This happens with many shares in anticipation of news...it is what it is
Chuditch news can come any day now....in the mean time the MMs will surpress the price to get sellers and scare people and the inevitable sp drift happens...at some point the big RNS will come and there will be a big scramble to stock up again. We know Chuditch news will be big and company changing so which ever way we look at it, the sp will re rate upwards in a very big way in a matter of days imo.
Boil were on time with Dunrobin so there is nothing to say they wil be late with Chuditch news imo....even if news is delayed it will only be a short delay....the thing is Chuditch news will be very big and the sp will move up in a big way either way so just best to hold and wait i reckon...let the traders do what they do...many will lose out on much bigger gains though imo
RNS due on Chuditch any day now...this is the important one imo, so i dont think many will want to be out of Boil now...the MMs have widened the spread which has contributed to the low volume but this sp wont stay this low for long imo...each to their own though
I think after yesterday's turbulence, many are just waiting to see how the dust settles, however i feel things will start hotting up again very quickly as we await Chuditch news which is due any day this month. I expect the sp will start to motor back up very soon.
Even a cheap takeout would be over 1p imo. The BOD are on record saying that they would be happy to sell for the right price. They are explorers not developers. Chuditch is a prize asset and will be much in demand by several big players so no cheap takeout either way. So holding at this price would see a big multibag imo and in a short time span
A bit of a vicous drop by the MMs with people panic selling or stop losses being triggered imo...either way just done a top up...with the big event due any day, it was a good opportunity to top imo
Cant imagine anyone would be all out of Boil now with such a big catalyst for the sp due anytime now, so i would expect a stronger performance in the sp as we draw closer to the end of trading today
Maybe sounds reasonable that the sp was already priced in for Dunrobin news, but not for Chuditch and that news is due any day now so i expect a stonger performance in the sp as we await Chuditch news.
Indeed ScarletVixen...this is how aim works, been trading aim shares for many years and they still dumbfound me...it is more about how the shares can be so easily manipulated by the MMs then logic in itself...that said with Chuditch news and further developments very soon, concrete valuations can be established and that is when the sp will really motor. 1p per share is a very achievable target and indeed way more imo
Seems the main event will be Chuditch news which can come any day, even tomorrow maybe...seems today the MMs are twisting the thumb screws down but they will have to let it go back up very soon. Not worth the risk of being out with much stronger news due
As i understand Allenbys valuation of 0.708p includes Chuditch so i would be more than happy for that price to be achieved before Chuditch news is announced Fish123. Chuditch news is due any time this month with not many trading days left. I do actually think 1p could well be surpassed with Chuditch news. Just 8 more trading days this month...this is going to be a very explosive time for the sp imo.
Yes i agree with you toptuf
'Including the Chuditch natural gas project in the Timor Sea, our risked valuation for Baron
is US$163.5m. This is up from US$159.5m previously reflecting the upgrade for P2478. The
change in the exchange rate assumption, however, results in a downgrade in the per share
valuation from 0.775p to 0.708p'.
I onlt skimmed through the document but just double checked. Either way the sp is only about one third of that value and as we have seen, with alot of interest from bigger players for Chuditch, the sp should be worth much more than that imo...It is worth what someone is prepared to pay and with interest from several parties, the sp should be worth well over 1p per share imo