Contango Share Discussion Threads

[apfindley] 17/5/2023 11:15

Ooh.Tandem posting.

[purchaseatthetop] 17/5/2023 11:06

Never debt.

[jailbird] 17/5/2023 10:51

I am also not part of a "placing misfortune crew".

But I concur with MarvelM, cash resources may well be tight now

so two options..take on debt or placing

Hopefully for holders, it will be neither

[marvelman] 17/5/2023 10:37

From the February RNS Interim results:-

"As of 30 November 2022, the Company held GBP3,314,359"....almost 6 months ago

APFindley...its my view and certainly my previous experience that I take this view. I am not asking you or anyone else to accept my thoughts and am not part of a "placing misfortune crew". Also, I will not be posting anything more on the subject until substantive news arrives.

[marvelman] 17/5/2023 09:17

Mark, unfortunately I can see a placing coming. They are late with first sales and must be close to their cash balances. Even when first sales happen there will be a period waiting for the revenue to be received. Pleased to be proven or shown to be wrong but I am out for now until news shows a different picture.

[sirmark] 15/5/2023 20:42

Big week is upon us !!!Hopefully they will RNS that the first production has now started and we are now a producer selling :) Will be great news for all holders then we can focus on getting the share price to 20p+ GL All

[sirmark] 11/5/2023 10:59

I feel the resent testing samples would have been part of the next offtake imo. We'll soon find out... so first sales could be as soon as next week at some point. VERY interesting times ahead.

[danmart2] 10/5/2023 19:38

Off take deal is key

[marvelman] 10/5/2023 14:30

Brilliant... Thanks Mark

[sirmark] 10/5/2023 13:58

Date: May 10, 2023

Dear Investors,

We are excited to present a bullish broker note on Contango Holdings PLC, highlighting the immense potential of their flagship Luba Project and its positive impact on the economy and shareholders alike.

Overview of Contango Holdings PLC:
Contango Holdings PLC is a resource development company that aims to identify, acquire, and develop mineral projects in Africa. With a strong focus on low-cost, high-value commodities, Contango has consistently demonstrated its commitment to sustainable mining practices and responsible corporate citizenship.

The Luba Project: A Game-Changer in the Making:
The Luba Project, located in the Democratic Republic of Congo (DRC), represents a significant opportunity for Contango and its shareholders. This world-class cobalt and copper project has the potential to reshape the global supply chain and contribute to a sustainable future. Let's explore the key reasons why Luba is poised for success:

a. Strategic Location and Infrastructure:
The Luba Project benefits from its strategic location near the rich Central African Copperbelt, which hosts one of the world's largest high-grade copper-cobalt deposits. Furthermore, the project enjoys excellent access to existing transport and energy infrastructure, providing a strong foundation for operational efficiency and cost-effectiveness.

b. Abundant Mineral Resources:
Luba boasts extensive cobalt and copper resources, which are vital components in the rapidly growing electric vehicle (EV) industry and renewable energy sector. With increasing demand for these metals, driven by global decarbonization efforts, Luba's resource potential positions Contango to play a crucial role in meeting the rising market needs.

c. Positive Economic Impact:
The development of the Luba Project will have a transformative effect on the local and national economy. It will create numerous job opportunities, contribute to infrastructure development, and generate substantial tax revenues. By partnering with local communities and stakeholders, Contango aims to foster sustainable growth and improve living standards.

d. Strong Partnerships and Expertise:
Contango has already established strategic partnerships with reputable local and international entities, leveraging their extensive experience and expertise in the region. These partnerships enhance the project's credibility and provide access to valuable resources, technical knowledge, and capital, ensuring a robust and successful development process.

Shareholder Benefits and Growth Potential:
The Luba Project represents a significant catalyst for value creation and growth potential for Contango Holdings' shareholders. Here's why:
a. Enhanced Revenue Streams:
As the Luba Project advances through exploration, development, and production stages, Contango anticipates a substantial increase in its revenue streams. The project's strategic positioning and resource potential will enable the company to secure lucrative off-take agreements, ensuring stable cash flows and attractive returns for shareholders.

b. Diversification and Market Advantage:
By capitalizing on the rapidly growing EV and renewable energy markets, Contango's involvement in the Luba Project enables shareholders to diversify their portfolios and gain exposure to high-demand commodities. This diversification strategy mitigates risk while capitalizing on emerging market trends, potentially providing a competitive advantage over peers.

c. Long-Term Sustainability:
Contango's commitment to sustainable mining practices aligns with the evolving environmental, social, and governance (ESG) standards. By adhering to stringent environmental regulations and ensuring responsible resource extraction, the company establishes a solid foundation for long-term sustainability, securing shareholder confidence and mitigating potential risks associated with ESG factors.

Conclusion:
In conclusion, Contango Holdings PLC's Luba Project presents an outstanding investment opportunity for shareholders. The project's strategic location, abundant mineral resources, positive economic impact, and strong partnerships position Contango for long-term success in the cobalt and copper sectors. As global demand for these critical

[marvelman] 10/5/2023 08:18

As is the case with so many types snipingfromthe sidelines, they have missed the fundemental point of being here in the first place... To make money. While they have been trying to pursuade others not to invest they have missed out of the opportunity to make a return from the rise of circa 40% from the lows.. Makes me laugh all the way to the bank

[danmart2] 09/5/2023 18:36

Time to demonstrate delivery

[sirmark] 09/5/2023 15:28

defiantly, although might be a push for today as the current level 2 has a few markers to hit before then as below, but only needs a few more decent buys to get close.

5.8 30,000 SCAP 13:57
5.8 30,000 WINS 13:30
5.9 30,000 FCAP 08:32
6 30,000 MREX 13:30
6 50,000 SING 12:36
6.1 30,000 JBER 15:19
6.4 30,000 PEEL 10:56

[puffet] 09/5/2023 15:23

A wee push at 6p would be great to see before end of play today :)

[jailbird] 09/5/2023 13:50

TC,

Agreed

[the count] 09/5/2023 13:13

--->JAILBIRD

Ok, definitely last post for now, I don't have time for this.

Delays and problems are par for the course, especially with small companies like this.

As long as there is a business there (in this case a vast resource), and a nonsensical market cap relative to that, then it allows plenty of leeway.

I too was very unhappy when they raised more money after telling us they wouldn't, but there is plenty of coal (of the right type as well) there, so unless this is a total fraud, that share price is ridiculously cheap.

But it seems people nowadays value imminent potential and production at almost nothing.

TC!

[jailbird] 09/5/2023 13:05

TC,

Over the last 2 years, I will say, only one who has been misleading is CE and Sunday podcasters(maybe naive and mislead too)

I just saw through that

[jailbird] 09/5/2023 13:01

Si,

3v2

but u can buy well with the spreads

[the count] 09/5/2023 13:01

--->ALL

I'm out of here for now.

Long gone are the days when I'd spend hours posting up hundreds of posts for people who don't want to see and almost always have another agenda anyway.

We shall shortly see where this company is going.

Good luck all.

TC!

[jailbird] 09/5/2023 13:00

ok enough for now.

Lets see what transpires