Contango Share Discussion Threads

[jailbird] 17/2/2023 14:34

There may well be a rise on the alleged wash plant opening , probably buy on the run up to it and sell on news .What I do not get is nobody here wants to talk about the collapse in coal prices that is taking place .So when Carl talked about the cashflow from $450 coal prices , he will be saying now , previous forecast revenues and margins will fall short because coal prices are fallen dramatically and will use that to raise more money again The 18 month delay ate into cash resources and also future future earnings and any further agreements will be also at lower prices . It will all become evident soon.Coal is here to stay but not at the previous inflated prices https://www.hellenicshippingnews.com/lng-thermal-coal-prices-slip-as-china-europe-buying-pulls-back/

[festario] 17/2/2023 13:27

How do you figure that? Its NT only to sell any shares at all.Like it always is when it's been traded up to this level.

[sirmark] 17/2/2023 12:56

Looking good now for a good leg up !

[brucethegoldfish] 17/2/2023 12:15

I’m sensing a positive announcement is on the horizon!

[puffet] 17/2/2023 09:19

I have kept accumulating at these "cheap" levels, progress at site is gathering pace and production imminent it seems. Don't see this under 6p for much longer.

[danmart2] 16/2/2023 10:34

It’s all about the next off take deal now

[bad gateway] 16/2/2023 10:30

Well to be fair the tweets only been up an hour so doubt "the market" knows about it yet.

[festario] 16/2/2023 10:25

Yep, I see it, and I genuinely hope it's the real deal.Mr Market doesn't seem to think so, but it would be nice if one of these junior mining stocks turned out NOT to be a scam.

[aimmafia] 16/2/2023 10:18

Yes the washplant must be cgi

[bad gateway] 16/2/2023 10:15

You're even more suspicious than I am Fest. I like that.
Pictures are up on twitter though as promised so peeps can decide for themselves if its real or not.

[festario] 16/2/2023 09:59

If it's genuine

[aimmafia] 16/2/2023 09:57

Next few weeks we should finally see some form of uplift in the shareprice as we approach first income and sales.

[bad gateway] 16/2/2023 09:22

Thanks aim. Never thought they'd get this far but 75% complete now agree looking good.

Contango Holdings Plc
@ContangoPlc
·
25m
Construction of our #CGO wash plant is now 75% complete. Upon completion, crushing and screening will also be installed.

Following commissioning and optimisation it is expected to be able to produce 20,000 tonnes of washed coking coal per month.

[aimmafia] 16/2/2023 09:19

Tweet out - Washplant looking good

[marvelman] 14/2/2023 09:30

"no advice"..summed up that post succinctly

[theonewhoknows2] 14/2/2023 09:26

im looking at This but not sure wether its worth buying again.

NO ADVICE

[jailbird] 14/2/2023 08:31

SOS

very true

[sos100] 14/2/2023 08:18

Jailbird- be better off just buying and leaving for a few months :)

how can you keep trying to second guess share price movements like this?

[jailbird] 14/2/2023 08:16

needs to break 6.1p to get technical buyers on

[jailbird] 13/2/2023 20:57

Listen from 11m:20s

[danmart2] 13/2/2023 20:09

Jailbird

Not quite accurate

They could announce a off take deal any day

The wash plant will only take a week or two to practise and perfect, there’s not a lot to test it’s more practise and training staff.

[xow98] 13/2/2023 16:04

Contango Holdings Plc
@ContangoPlc
34m

The Wirtgen 2200 Surface Miner has arrived at site.

It can mine up to 500t per hour in harder materials and will initially be used to expand the #CGO open pit/clear the overburden, before commencing mining of the coking coal seam at a rate of up to 1,000t per hour from #March23

[jailbird] 13/2/2023 15:48

SOS,

not yet to be honest..just cannot get myself too, just seem better opportunities around at present. Still not an investment for me, would be just a trade

Maybe in a month's time if the share price is still sub 6p, but we may be at the bottom as long as no more dilution in the medium term

[sos100] 13/2/2023 15:38

and i bet your buying 🤫