Contango Share Discussion Threads

[aimmafia] 10/12/2021 12:46

No stamp duty no

[the count] 10/12/2021 12:45

--->ALL

Is there stamp duty on this stock?

I thought AIM stocks didn't incur stamp duty.

TC!

[aimmafia] 10/12/2021 12:07

Yes that will do me now. I thought a lot more people would be piling in now so close to news flow

[pranchalee] 10/12/2021 11:23

Hope to buy a few more if it stays at this price much longer,nice holding aimmagia

[aimmafia] 10/12/2021 10:58

Im holding 1.425 million shares now. Need to top up 75000 to make 1.5 million I will do that now.

[aimmafia] 10/12/2021 10:57

Well done. In one chunk?

[pranchalee] 10/12/2021 10:19

Just added another 259000 odd well over the million now

[pranchalee] 10/12/2021 10:12

Well I have took 800k this last week or two,might take it up a million

[aimmafia] 10/12/2021 10:02

Nice to see new faces ready for the steady climb in Jan and into production. Remember Met coal production looks to be on track for March.... We are still on 19 million market cap and will be a producer in just 3 months.... We should be 300% - 500% up in a few months. What a return that is.Fill your boots

[pranchalee] 08/12/2021 16:47

What a yo-yo of a share

[aimmafia] 08/12/2021 15:33

19 million market cap / 6.2p a share is madness. Will be many multiples once production starts a gold news announcement. Sit on your hands and get minted

[tradedesk1] 08/12/2021 13:48

So much upside and thats without the 2-3Moz of gold coming into play. Think we are slated to hear more on that shortly to. This is a nice window to load the cheap stock before the company breaks cover in Q1, when the fear of missing out will really start to kick in.

[digger2779] 08/12/2021 13:44

pranchalee - it wakes up with a woody!

[pranchalee] 08/12/2021 13:26

Is this a morning share

[aimmafia] 08/12/2021 08:50

The more I look the more I see 100% near term

[aimmafia] 07/12/2021 21:10

Thanks for your valid points. I am still getting to grips with all the ins and outs of this one.From my understanding the initial coal will be going to hwang so profitability will be much lower initially?Still the share price at 6p really is on the floor at the moment. Looking forward to the inevitable rise once we get nearer production

[divmad] 07/12/2021 21:03

Just a couple of points to your post that I think need revision.First, when you refer to a 150ktpa output rate, you mean coke production from the first coke battery that is expected to be installed by end 2022, using cash flow generated from the initial lower margin coal output. So the $40mn ebit projection is really a 2023 forward projection.Second, a 4 X per equates to a MC of £120mn, as you need to translate the $160mn back into Gbp. So a potential 6 times increase from today's level.Still, great upside potential from this level, funded to go into initial coal production and entry at the same level as the insiders in this latest placing round.

[1waving] 07/12/2021 20:55

More dilution
Share issue Jan 4th on convertible loan.
6p per share. ( plus warrants )
£1,000,000
.

[aimmafia] 07/12/2021 20:40

Good evening all, just my thoughts. We know that we do not need anymore funding to production so placing a should be virtually out of the question now for the time being.once we get to production, it should be around 150,000 tonnes of coal per year to start with excluding any other off take agreements, at about 40 million dollars profit per year,. PE of 4 would give us a market cap of around 160 million so about 850% up from where we are. We are currently at a share price of 6.2p ish so we should goto just over 55p a share.....Even at a PE of 2 we should be looking at 27-28p a share.This isn't taking into account the gold asset originally thought to be 300,000 ounces but is more like 2 million ounces. There is so much to come here and news flow over the next six months.I will put some more detailed info together and billet points once I have time. But wow what a steal at these prices.

[burtond1] 07/12/2021 10:40

Roll on 2022 for a flush Contango Holdings say @TMSreach "...We repeat our suggestion earlier this summer that Contango Holdings, with increasingly well defined revenue generating projects on the horizon, is one to continue to watch..."https://total-market-solutions.com/2021/12/contango-holdings-plc-2/

[aimmafia] 07/12/2021 10:32

Took around 330,000 shares today. I will buy any further dips

[aimmafia] 07/12/2021 10:24

I have taken some today. This looks like a cracking prospect

[divmad] 06/12/2021 09:22

Rude not to add down here.

[tradedesk1] 03/12/2021 11:43

Next few weeks to load up here before it kicks of in the New Year. Expecting this to be closer to 20p end of Q1. Onwards from there.