Contango Share Discussion Threads

[cjohn] 20/12/2023 14:37

Hi Fiddling,

the Transore transaction was a bad mistake.

Delay, delay, delay goes with mining start ups though, as it does also with Zimbabwe.

Take any time scale given by management and multiply by two or three.

I may take a stake here. I had some a couple of years ago, sold to fund other less risky opportunities.


PS regarding updating the market about the possible asset acquisition. It's not really my opinion which may or may not be right. It's a matter of fact that the Company would have to update the market, if the acquirer was no longer interested.

Could I suggest you re-read the RNS of the 8th December, where they go into some detail about what process the potential acquirer is following to make a well-founded judgement about the asset. You will see that this could take several months.

[fiddling12] 20/12/2023 14:18

C.John. Let's hope you right, but don't you agree Esprey's reputation is at best tarnished with how this company has played out this year. Delay/delay/delay. Sat on a multi billion asset but no concrete sales made as yet.

[cjohn] 20/12/2023 14:14

@AP Findley and Fiddling 12: the Company would need to publish a new RNS, if the proposed acquirer of the assets had declared they were no longer interested.

[purchaseatthetop] 20/12/2023 14:11

I don’t understand this
Carl Esprey promised is was all coming good and he has such a good reputation*





* some of that post may not be true.

[unionhall] 20/12/2023 13:30

The Transore comment exposes the company as totally incompetent at best and probably untruthful.

[avobull] 20/12/2023 13:16

Positive update today I thought.
Market doesn't seem to agree!

[unionhall] 20/12/2023 10:14

Yes - Transore proven to have no substance as a simple Internet search identified months ago.

If Investors could see that then the company knew it.

Avoid this company at all costs !

[purple11] 20/12/2023 09:55

heading for the 1p Club

[goforgold1] 20/12/2023 07:47

2p very soon insider selling the RNS was so they could dump more shares higher up . They HAVE NO MONEY LEFT . Payments due

[goforgold1] 20/12/2023 07:45

Wow so many lies , how do they get away with it . Not recovered any money NO BID lol ..Wow these idiots could not sell snow to Eskimos . How they get way with all the lies

[jailbird] 20/12/2023 07:43

So no cash-flow and working capital running on nothing but debt Debt payment due soon and need more working capital Where is money gone come from Mugs I expect

[jailbird] 20/12/2023 07:41

Not a penny from sales of coal yet Just few quid for sampleTransORE was a fake setup as a few thought

[fiddling12] 20/12/2023 07:29

Well Mr. Esprey what about the proposed sale? No mention, you really are taking us lth for granted. Is it still being discussed or was that another smokescreen?

[apfindley] 20/12/2023 07:26

Well, yes, great, BUT, in all that waffle, there's no mention of the potential offer for the asset, which the company told us about.

[goforgold1] 19/12/2023 13:33

2p very soon .

[bsg] 18/12/2023 12:57

filling their pockets

[goforgold1] 18/12/2023 12:51

2p before year end at this rate . Warned you in total scammers filling there pockets as much as possible before goes bust . 2p by New Year should be in prison

[jailbird] 17/12/2023 23:10

It is called verbal diarrhoea :-)

[aimmafia] 17/12/2023 12:45

Why are you repeating yourself

[goforgold1] 15/12/2023 15:01

Tiiiimmmbbberrr

[jailbird] 15/12/2023 10:20

Fest If you read these ramping 10% penny trades , you would think with the losses they are making whether they really buy any stock at all Sad , lonely and bankrupt traders living on debt or Maybe just have a virtual portfolio and never buy any On the other hand, the market functions on 10-20% traders now , not investors , certainly not here

[apfindley] 15/12/2023 09:34

The rot continues.A massive coal resource....and yet no sales.The market is wondering if it was all lies about the potential offer. And the market is wondering if it was all lies about the talks with a 'major multinational' too.Board needs replacing. They are untrustworthy. Maybe they were hoping to do an Upland with their fake offer rns.Total shambles of management here now.All delays and missed targets, they've been given too much leniency with time by investors.

[jailbird] 15/12/2023 09:06

Oh found him ramping HE1 another basket caseThey sure can pick them