We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coro Energy Plc | LSE:CORO | London | Ordinary Share | GB00BDCFP425 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.195 | 0.19 | 0.20 | 0.195 | 0.18 | 0.19 | 19,947,703 | 10:05:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Natural Gas Liquids | 6.71M | -4.12M | -0.0014 | -1.36 | 5.45M |
Date | Subject | Author | Discuss |
---|---|---|---|
28/3/2024 22:39 | SW - I think it likely that we are generally in agreement, but rowing in the same direction in different kayaks. I would like to see all three companies producing tables with the same numbers, so that shareholders are properly advised. At the moment there is anomaly which is significant. I would also like to see a timeline showing when Conrad received the updated reserves and resource figures from GCA. Conrad cannot have produced the first report of 1 July 2023 based on GCA figures provided in the next month, unless there was time travel. Perhaps both EME and Coro have mistakenly referred to a 1 July Report that does not exist? it is feasible that they have dates wrong as well as data. | odillon | |
28/3/2024 18:05 | Odillon, then we must agree to differ. | steelwatch | |
28/3/2024 17:48 | The Coro RNS states; "In its announcement, the Operator provided an update in respect of, inter alia, Mako Gas Field reserves and resources as of 31 December 2023 following receipt by the Operator of an updated reserves and resources report (the "Update Report") prepared by Gaffney, Cline & Associates (Consultants) Pte Ltd ("GCA") in which GCA has updated its assessment of resources for current expectations of Final Investment Decision and production commencement delay. The Update Report follows an earlier 1st July 2022 GCA reserves and resource report." I believe that the 26 August report may be something other than a "reserves and resources" report | odillon | |
28/3/2024 17:28 | There may well be multiple reports from GCA at various dates, but the key issues at the moment are that Coro and EME have released RNS's with conflicting figures and that information that on the face of it was available (to Conrad at least) in December was not released until almost three months later | odillon | |
28/3/2024 16:11 | GCA compiled their updated report from figures provided to them "as of". I think you'll come to see these reports take a while after receipt of data to compile. From Conrad's website, they indicate the earlier report is dated: "1) Competent Person’s Report (CPR) for Duyung by Gaffney, Cline & Associates (GaffneyCline) 26 August 2022. Resources attributable to Conrad are based on Conrad's participating interest of 76.5% in the Duyung PSC." In the former case, nearly 2 months after 1 July. About halfway down: | steelwatch | |
28/3/2024 15:05 | Hi Steelwatch. I am working from the Coro RNS and the EME RNS of today. Both referred in tables to two reports one on 1 July 2022 and an update dated 31 December 2023. Both make various downward resource estimates. I have just noticed they have different figures. For example where EME say the high case from the 31 December report is 425 and 3.8 per cent down from 1 July 2022 Coro say it is 591 and 24.1 percent down. Perhaps it is down from 591 to 425. But I think that would be 28 per cent. Whatever the correct figures I think you may be right that Coro and EME only leaned of then today. Which may explain why mistakes have been made in the rush to get the information out. | odillon | |
28/3/2024 13:34 | Not dated 31 December. From today's EME RNS: "In its Annual Report, Conrad also provided an update in respect of, inter alia, Mako Gas Field reserves and resources as of 31 December 2023 following of an updated reserves and resources report (the "Update Report") prepared by Gaffney, Cline & Associates (Consultants) Pte Ltd ("GCA") in which GCA has updated its assessment of resources for current expectations of Final Investment Decision and production commencement delay." Conrad's Annual Report was announced yesterday at 09:37 Australian time. Allowing for 11hrs time difference, would have come after hours UK time, so this morning's announcements from both CORO and EME came at the earliest opportunity. | steelwatch | |
28/3/2024 13:32 | Odillon28 Mar '24 - 12:12 - 5266 of 5266 I was thinking the same about the report. Can't see an announcement for it over at CRD website or the ASX. Surely it was price sensitive and needed to be disclosed especially when they got a placing completed 2/2/24! Also noticed the gross resources quoted by Coro today are at odds with the gross resources quoted by Eme. The most glaring difference is the 3c data, Coro resources state 591 with a 24.1% drop whereas Eme state 425 with a 3.8% drop. I've dropped CRD a line to see if they can clarify what's going on but I'm not holding my breath. | digger2779 | |
28/3/2024 12:12 | The new estimated resource report is dated 31 December. Why has that information been held back for 3 months? Perhaps Conrad did not share this information with Coro until today? Also who is responsible for installing the pipeline, that is a condition of the deal announced today going ahead? | odillon | |
28/3/2024 07:59 | I'd be inclined to think that reduction is a fundamental reason that someone has been selling a lot for the past month or so as it will impact on debt renegotiations & I very much doubt the data has only just become available. | begorrah88 | |
28/3/2024 07:56 | Have they been trying to sell a % for the last 6 months+ only to have the potential asset reduced? | begorrah88 | |
28/3/2024 07:53 | Granny, it's probably because they now have to sort out deferring the debt again. | showme01 | |
28/3/2024 07:42 | I don't know about anyone else but those CORO RNS's comes across as cold with a slight tinge of animosity ?!! | grannyboy | |
28/3/2024 07:11 | Beggorah, I am surprised that Conrad's share price didn't move but there have been so many false dawns. This time though, there is a date. Before May 31st 2024 in line with their previous Q2 2024 time line. Then there is this ' The remainder of the Mako sales gas volumes will be sold to Singapore where a term sheet was signed in 3Q 20232 and Conrad is moving towards finalising a GSA over the coming months. These Key Terms are an important step towards the Mako development final investment decision (“FID”) planned by midyear 2024. ' | showme01 | |
28/3/2024 07:06 | Another 'milestone' - how many more milestones must there be? The announcement had no impact at all for Conrad. I wish they would lay out how many more milestones there are before a GSA The CORO RNS is very low key | begorrah88 | |
28/3/2024 00:00 | Just got this email 😍😍 Mako Gas Sale Key Terms Signed with PGN Highlights Conrad Asia Energy Ltd (ASX: CRD) (the “Company” On 27 March 2024, Conrad and PGN entered into binding Key Terms thereby committing to agree and to sign a GSA for the domestic portion of the gas produced from the Mako field. Under the Key Terms, the parties will conclude negotiations for and agree in good faith a GSA that will include and be based upon the Key Terms. The parties shall endeavor to sign such GSA by no later than 31 May 2024. This GSA will be subject to the construction of the pipeline connecting the West Natuna Transportation System (“WNTS”) with the domestic gas market in Batam. It forms part of Conrad’s Domestic Market Obligation (“DMO”) as set out in the Mako’s revised Plan of Development (“POD”). The sales volumes under this GSA will represent approximately 29.5% of Mako sales gas volumes until the PSC expires in January 2037. The remainder of the Mako sales gas volumes will be sold to Singapore where a term sheet was signed in 3Q 20232 and Conrad is moving towards finalising a GSA over the coming months. These Key Terms are an important step towards the Mako development final investment decision (“FID”) planned by midyear 2024. Conrad Managing Director and Chief Executive Officer, Miltos Xynogalas, commented: Conrad has been working closely with PGN for the commercialisation of Mako gas. These Key Terms are a very important milestone paving the way for a fully termed gas sales agreement and brings the company a step closer to the FID for the Mako development. This agreement, combined with Conrad’s recent signing of a Memorandum of Understanding for its Aceh gas resources also with PGN, will further advance the Government of Indonesia’s ambition to meet the fast-growing energy needs of the country. | digger2779 | |
21/3/2024 13:54 | Yes we are very undervalued. | rafboy | |
21/3/2024 13:35 | 1p would only be 29m mcap7m due from settlement, 7m from asset sale, $85m from other asset sale5m mcap | dannymaz89 | |
21/3/2024 12:47 | Could be a big win if they announce a sale of their portion of a near 1TCF gas pie5m mcap.. CORO interest $85m+Got to think where it is geographically bang next to China and Japan who are desperate for gashttps://www.coroe | dannymaz89 | |
21/3/2024 12:46 | Up 11% on decent buying. Good to see. | rafboy | |
20/3/2024 13:55 | It could also be that we are in a VWA period that will only be declared retrospectively once details of any refinancing have been announced. | begorrah88 | |
20/3/2024 13:53 | I'd say MM's returning stock to each other after the various failed attempts to generate excitement and lure in some buyers for the seller to dump into.We'll all have noticed that the, sometimes chunky, buying has very little, if any, impact on the bid. Tells me it isn't real buying & usually gets paid back in the afternoon. | begorrah88 | |
20/3/2024 13:44 | That's an OTC trade so it's a movement between accounts not a sell | toolsmoker |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions