Contango Share Discussion Threads

[somersetinvestor] 09/5/2023 13:00

Any level 2ers know what's on offer still? We looking at breaking 5.55 today?

[jailbird] 09/5/2023 12:58

TC,

Terminolgies....met coal...coking coal the same thing

[the count] 09/5/2023 12:58

--->JAILBIRD

Big difference between thermal coal and the rest.

That is the whole point.

And of course prices will fluctuate, that's what happens with commodities/raw materials.

But also take a look at the blasted market cap of the company FFS. i think there's a fair bit of give in that price.

TC!

[mayroad2] 09/5/2023 12:57

16th September 2022 is the RNS to read

[the count] 09/5/2023 12:55

--->JAILBIRD

Stop trying to be devious.

This company, first and foremost, is about met/coking coal and you bloody well know it.

If anything else is economical, then it's an added bonus.

TC!

[jailbird] 09/5/2023 12:53

may2,

so what is Carl selling, thermal coal, met coal or coking coal?
He likes to change his mind

[mayroad2] 09/5/2023 12:49

Why all the reference to thermal coal ? Its a red herring and deceptive. The company mentioned selling thermal coal only if it was economical. The prime business is coking coal and the price in the offtake is the MMCZ coking coal price. Expected margin is around $80 per tonne. All published via RNS

[jailbird] 09/5/2023 12:44

I am not sure why a few get defensive when asked about these questions

[jailbird] 09/5/2023 12:42

TC,

As you do not like to mislead,

So what revenues have you pencilled in when the plant runs at nameplate capacity
and when are you expecting nameplate to be achieved?

[jailbird] 09/5/2023 12:39

TC,

and when Carl sprey mentioned $450 coal prices, we all know what coal he was talking about..right?

You know what the price is today?..

nothing misleading with what I am talking about, these are factual numbers.

[jailbird] 09/5/2023 12:37

TC,

it is not misleading, when coal is mentioned, it usually refers to thermal coal

coking coal tends to referenced

[jailbird] 09/5/2023 11:57

The Count,

good question.

Can we get links added to coal prices in the header
It will really useful to know

e.g

hxxps://markets.businessinsider.com/commodities/coal-price

[apfindley] 09/5/2023 11:19

I think you'll find he's fudged the numbers.And as usual no source provided.However a quick look on the google and you'll find many references to thermal coal being 42% cheaper than coking coal. As always, beware of reading supposed news articles people paste on here, they are often altered or redacted.

[the count] 09/5/2023 11:09

--->JAILBIRD

In your post 2572, you state coal prices are expected to fall by 42% in 2023.

Which type of coal is that referring to?

Is that CGO coal?

You need to be a bit more precise than that when posting 'information' on a financial BB.

TC!

[madd_rip] 09/5/2023 10:55

He/it is the same on a few other bb's. Vermin.

[mayroad2] 09/5/2023 10:17

I didn't expect him to - good to highlight to those reading his drivel that he doesn't know what he is talking about. Probably never heard of MMCZ

[mayroad2] 09/5/2023 10:00

Can you confirm what price CGO are selling their coking coal at ?

[madd_rip] 09/5/2023 09:53

You didn't call it right, the misinformation campaign alluding to fraudulent activity by the BOD, SLB and other appraisal companies and all the Alaskan authorities are what ultimately destroyed the SP, also people (barely) such as yourself who actively short perpetuated the lie.

[jailbird] 09/5/2023 09:45

SM,

Point well made. I am not deramping at all, just expressing my thinking about the forward outlook. I am looking beyond initial production

If you just looking at initial production , then that is short termism

I guess as it has been sooo long coming, it now is major point of excitement

[xow98] 09/5/2023 09:44

Filter and ignore

[madd_rip] 09/5/2023 09:43

Here it is the moron

[sirmark] 09/5/2023 09:38

Mate seriously !!!!

Give it up... it hasn't even moved yet and your de-ramping. Worried about a short maybe ??? seems very strange to get so negative before the company changing news hits...this news is MASSVIE as we turn on production for the first time with a measly 25mln mcap and you want to put a negative spin on it mate your as transparent as water.

Thanks for your thoughts and wisdom, we would never have though that a commodity business is reliant on the commodity price... thanks so much for your insight as for future perditions/global demand estimate, geopolitical issues everything has an influence however you can't get away form the fact this company is transitioning within a week to a production company and the share price has been on it's backside because of the risks associated but now all good wash plant ready to go and revenues will be coming in... I'll take that thanks !!!

Expect new offtakes soon as well as the samples showed very high grade coal with amazing characteristics.

Gl longs.