[ADVERT]
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
  -0.20 -2.94% 6.60 6.40 6.80 6.90 6.60 6.80 1,733,127 16:17:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
0.0 -3.3 -1.5 - 20

Contango Share Discussion Threads

Showing 301 to 324 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
18/11/2021
10:44
Good news placing out of the way and production by end Q1 .
puffet
18/11/2021
10:42
Big placing at current share price Future warrants now priced at 12p. Looks pretty good to me....
unionhall
16/11/2021
13:12
Suspect there is some forward selling by CB holders who will be given shares at 6p on Jan 4th in full repayment for the £1mn loaned funds earlier, and who want their loan cash back effectively.
divmad
15/11/2021
12:40
Can buy below mid atm
19th hole
11/11/2021
13:41
Jeez, Google will tell you that as well. htTps://www.gov.uk/government/publications/overseas-business-risk-zimbabwe/overseas-business-risk-zimbabwe
19th hole
11/11/2021
13:28
Not talking about personal safety. Business risk , in the post-Mugabe era.
divmad
11/11/2021
13:23
Zimbabwe is no less safe than most of the African continent - google will tell you that!
19th hole
11/11/2021
12:45
The Africa risk never goes away. Mining royalties on coal less than 2 percent, corp tax optional, margins very healthy. The biggest problem is transport via SA.
jp2011
11/11/2021
10:40
Hi chaps. Is Zimbabwe now a safe place to do business?
divmad
10/11/2021
15:02
Thought it worth a dabble @ 6.44p GLA Supertag
supertag
10/11/2021
08:37
Thanks,AIM mafia.Prefer BEN. which is also in the USA but definitely worth keeping CGO on the radar I feel!!!
billthebank
09/11/2021
10:10
CGO is going to be a monster, but we are a little too far away from production yet to get any major fireworks going
aimmafia
09/11/2021
09:59
Not usually one for conspiracy theories - but a 25 share trade well below the bid (6.0 vs 6.3). Is this an attempt at a tree-shake? Time will tell.....
unionhall
08/11/2021
20:31
RNS 22nd Oct " With the studies now completed and both a regional and global market identified, I believe Lubu is ideally positioned to benefit from this pricing outlook over both the near and medium term. I look forward to providing further updates on our progress in the current quarter, ahead of our transition into a producer early next quarter." .
1waving
08/11/2021
15:07
Is there a confirmed start date yet? Is any equipment in place?
aimmafia
05/11/2021
09:34
Tried to buy CGO but not available with my broker. Weird.
marmar80
05/11/2021
09:28
. With that 2.6 Billion Tonnes mentioned in the article, for a valuation using just $1 per tonne would give CGO a market capitalization of $1.82 Billion... ... and at $10 per tonne, $18.2 Billion market cap !!! A massive resource with high demand. .
1waving
05/11/2021
07:39
Pretty sure that US$451/tonne x 70% of 2.6BN tonnes exceeds CGO's marketcap by some distance. lol
bad gateway
05/11/2021
07:33
Courtesy of leftleg on the LSE.. Contango set to start production in Q1’2022 November 4, 2021 TINASHE MAKICHI London Stock Exchange-listed resources firm, Contango Holdings, is set to start production at its Lubu coal mining project in Matabeleland North Province after receiving impressive set of results from exploration. Bureau Veritas of South Africa conducted the geological assessment. The analyses assessed a variety of metrics and properties derived from 49 samples extracted from the 1A Lower and MSU metallurgical seams at the Lubu Coal Project including ash, sulphur and phosphorus contents, as well as yield and calorific values. Contango Holdings chief executive officer, Carl Esprey, said the results from the study demonstrated the commercial viability of the project. “We are delighted with the results from this study, which have demonstrated the commercial characteristics of the metallurgical coal at Lubu, as well as its viability in the manufacture of coke. This positive news has come at a time when demand for all forms of coal has risen significantly and has led to an increase in the metallurgical coal price from US$161/tonne to US$451/tonne over the last year,” Esprey said. “Moreover, the price of coke, the product achieved through the ‘cooking’ of metallurgical coals through coke batteries, has also seen dramatic price rises, with a 70% increase over the same period to current levels of circa US$670/tonne. With current shortages, the price of coke is likely to increase even further.” He believes Lubu is ideally positioned to benefit from this pricing outlook over both the near and medium term. Contango Holdings has a 70% interest in the Lubu Coal Project with the remaining 30% held by supportive local partners. Contango Holdings has also started undertaking detailed coking testing as it seeks to assess the feasibility of building coke batteries on site at its Lubu project. The junior coal miner last year signed a Letter of Intent with South Mining relating to an off-take agreement for coal products produced at the Lubu Coalfield Project. South Mining is a coke producer in Zimbabwe and is committed to producing 420,000 tonnes of coke from its new battery oven located in the Hwange district. At over 2.6bn tonnes — Lubu is one of the largest coal resources in Southern Africa and the large size of the Lubu Resource will enable Contango to look at additional markets and develop expansion scenarios for its production. In the longer term, the company may expand operations to fully develop the coal field to exploit thermal coal opportunities. The Contango Holdings board is also currently evaluating a number of gold opportunities which are in line with these key investment principles and which have the potential to provide material value to shareholders in the near term. hTTps://businesstimes.co.zw/contango-set-to-start-production-in-q12022/
bad gateway
02/11/2021
09:41
Terrible looking chart now, all momentum lost.Where is SuperG when you need him?
festario
29/10/2021
06:26
I thought production was expected in H2 2021
sharekitchen1974
25/10/2021
15:30
Yes reading it again you may be right. Plans haven't changed for funding for first gold itself and can't see these people diluting themselves being committed to the 6p conversion. "To fund this expanded pre-production work programme, the Company has sourced £1M, primarily from existing investors at the current market price. The convertible is a zero-coupon instrument and has a mandatory conversion at 6p at the end of 2021, highlighting the belief of the subscribers in the inherent value Contango offers. The subsequent development to first production of Garalo is still intended to be funded via a mixture of royalties and debt as previously outlined
bad gateway
25/10/2021
14:00
Ok. They sourced the loan to fund the works which they have since undertaken....they have received the money....
unionhall
25/10/2021
13:20
It doesn't say loan received in June it states quite clearly "commitments" thats all.
bad gateway
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
ADVFN Advertorial
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.

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

P: V: D:20220119 21:03:21