LSE company dividends information has been updated. You can find this is in the menu on any Quote page. ADVFN team.

CGO

Contango Holdings Plc

4.70
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Contango Holdings Plc LSE:CGO London Ordinary Share GB00BF0F5X78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.70 4.60 4.80 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Business Consulting Svcs,nec 0.0 -3.0 -1.0 - 14.55

Contango Share Discussion Threads

Showing 4451 to 4474 of 4475 messages
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
DateSubjectAuthorDiscuss
02/6/2023
17:10
Maybe you need a new broker?I get dummy quotes no problem.
apfindley
02/6/2023
13:05
Doesn't add up does it? Any security moving towards being cash generative, always appreciates in value, as investors climb on board.Some savvy institutional investors too. But in this case, zilch.I've seen it all before, particularly with mining operations, and particularly in Africa or Asia.
festario
02/6/2023
12:55
Can't even get a quote to sell, no one wants this stock
somersetinvestor
02/6/2023
07:59
I feel like a loser watching this share price plummet.

What on earth is going on out there?

linz22
02/6/2023
03:53
Hopefully an informative RNS should quash any speculation / rumours!?
markliddiard
31/5/2023
15:17
No doubt 409 posts of lying.
madd_rip
31/5/2023
14:59
I actually hope I'm wrong BG, because it would restore a teensy bit of faith in this totally bent stock market.
festario
31/5/2023
14:54
Do you ever feel like a loser for having to create new usernames just to spread misinformation and mention placings which aren't going to happen?Very pathetic person.
apfindley
31/5/2023
14:52
For what? Coal sales are about to start.
gaffer73
31/5/2023
14:43
Placing 4p
johnjames876
31/5/2023
14:37
You maybe right fest, doesn't feel safe to vigorously defend them. Will know soon enough as they've flagged sales for next month with no further credible reasons for delay imo.
bad gateway
31/5/2023
14:13
Hope I'm wrong guys, but something looks wrong here again today. It would be nice for one of these junior miners NOT to be a scam.
festario
31/5/2023
14:06
New placing
johnjames876
31/5/2023
13:13
What is this, a remarkable buying opportunity or is something going on out there..?
linz22
31/5/2023
11:21
.
There has been a fair amount of buying below the mid price today, over 220k shares .... all marked as sells.

.

1waving
30/5/2023
15:35
Sorry to be repetitive, but there's something seriously amiss here. Name any other stock where the price didn't appreciate in the run up to being cash flow positive?
festario
29/5/2023
10:43
Do they need to RNS an offtake agreement?
From their finals back in Nov they had A to Z for 10Ktonnes/month already..

-- Commencement of initial mining at the Lubu Project at the end of Q1 2022, with further development at site post-period.

-- Focus remains on an initial 10,000 tonnes per month of production before further ramp up to 300,000 tonnes per annum during 2023

-- Secured a first offtake partner, AtoZ Investments (Pty) Ltd, for 10,000 tonnes of washed coal per month post period. Additional coking coal offtake discussions underway.



Which they appear to have confirmed in their 24th May update...

The Company will continue to undertake studies on washed coal production to ensure optimisation. Samples will also be sent to several parties who have indicated they would look to enter into long-term offtake contracts. This includes the Company's potential Strategic Partner under a Memorandum of Understanding and complements Contango's existing offtake for 10,000t a month of washed coal. All coking coal produced, including coal dispatched as samples, will be sold at factory gate, with the current MMCZ price still set at US$120 per tonne. The Company expects to announce the first sales of washed coking coal in June 2023.


ie.."complements Contango's existing offtake for 10,000t a month of washed coal." which should be A to Z investments should it not?

bad gateway
29/5/2023
10:19
Give them a chance the only started production last week !!They will come just a little patience required
sirmark
26/5/2023
11:44
Should have had off take announcement by now, no obvious reason why they haven’t updated the market
danmart2
25/5/2023
20:05
Coking Coal washed but pre manufacture:
Every 10k tonne offtake per month = ~$10m FCF per year @ net back $80 p/tonne

Wirtgen surface minor can mine up to 1,000 tonnes per hour. unsure of washplant capacity per hour(?) but total month mined @8h per day is max 200k tonnes.

lets say they manage 50k tonnes of washed production (a 75% reduction of mining run rate) would give lots of headroom to make this target. Therefore offtakes available are 40k tonnes on top of already signed offtake with A to Z investments (10k p/m)

50k in offtakes gives FCF ~$50m per year.

Manufactured Coke production (intended second product from mine with Strategic JV partner, see RNS dated 5/12/2022):
latest RNS (24/5/2023) states net backs per tonne of manufactured Coke increases to $300 per tonne. No guidance given on expected production output from coking batteries and also need to know capitol build out cost and split of $300 per tonnes with partner to take a view of potential for the second product.

But +2bn tonne resource, there is a lot to go for.

jessieduke2
25/5/2023
12:57
Yes timeliness have slipped here and they've dodged around trying to decide what sort of operation to commence with.But the asset is huge and once stable revenues are incoming, we'll have a good base to build upon and set sights for a much larger mining capability.It's going to happen, and certain types of investors are upset that they didn't 10bag their stake within a few weeks of buying here.
apfindley
25/5/2023
12:54
The news in Zimbabwe is worth monitoring if you are wondering about your pear shaped investment.

hTtps://www.newsday.co.zw/

ohojim
25/5/2023
12:34
Not bitter APF, just realistic, based on experience. You yourself have pointed out some terrible scams on the market, and I respect that.I'm surprised that you arent at least sceptical, based on the lack of share price appreciation in the run up to being cash generative. It just doesnt add up.
festario
25/5/2023
12:29
A bag of lemons would be less bitter than you.
apfindley
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
Your Recent History
LSE
CGO
Contango
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: D: 20230605 06:02:13