Contango Share Discussion Threads

[aimmafia] 22/11/2021 11:50

Nice wedge forming for 7p to break

[aimmafia] 18/11/2021 13:58

Perfect time to top up then. And it's not 6 months is it. Patience required and you will be massively required. I would buy a huge amount at 3p and I can guarantee that will never ever happen

[not guilty] 18/11/2021 12:45

It's progress but not the deal I was hoping for - Afrochine would've sent this into orbit. See if the places can hold their nerve at anything above 6

[drkhalidm] 18/11/2021 11:33

Now back to 3p whilst no progress is made for another 6 months

[jp2011] 18/11/2021 11:17

Coke is used in steel production and Chinese building a plant in Zim, then plenty of export opps to China

[festario] 18/11/2021 10:48

I thought the world was phasing out, or phasing out, coal production?

[puffet] 18/11/2021 10:44

Good news placing out of the way and production by end Q1 .

[unionhall] 18/11/2021 10:42

Big placing at current share price Future warrants now priced at 12p.

Looks pretty good to me....

[divmad] 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.

[19th hole] 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.

[divmad] 11/11/2021 13:28

Not talking about personal safety. Business risk , in the post-Mugabe era.

[19th hole] 11/11/2021 13:23

Zimbabwe is no less safe than most of the African continent - google will tell you that!

[jp2011] 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.

[divmad] 11/11/2021 10:40

Hi chaps. Is Zimbabwe now a safe place to do business?

[supertag] 10/11/2021 15:02

Thought it worth a dabble @ 6.44p
GLA Supertag

[billthebank] 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!!!

[aimmafia] 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

[unionhall] 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.....

[1waving] 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."

.

[aimmafia] 08/11/2021 15:07

Is there a confirmed start date yet? Is any equipment in place?

[marmar80] 05/11/2021 09:34

Tried to buy CGO but not available with my broker. Weird.

[1waving] 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.


.

[bad gateway] 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