Contango Share Discussion Threads

[swanvesta] 18/7/2024 08:12

The chinese "sales route" is to the power plants they are currently building. The company will not have had access to that as the chinese would have been putting their plans together independently. Carl did flag up a while ago they had a big investor looking to take over the operation. Of course, it seemed just another of his fantasies.

[goforgold1] 18/7/2024 08:12

Total scam happening here what's happened to Andrew the other con artist invested here . Shareholders going lose everything here soon . Been dumping and dumping for over two years now .

[apfindley] 18/7/2024 08:09

Where have I ramped?I hardly post.Anyway. You do you. And make whatever claims that make you happy.

[apfindley] 18/7/2024 07:48

Fester. You're bitter about the past and because of that, unable to see the future.This project is now out of Carl's hands, he's just a bystander reporting news. So yes, I'd start to believe that there are great levels of activity on the ground now. Upto you if you invest, but the whole thing looks positive finally.

[sharekitchen1974] 18/7/2024 07:39

No need to wonder, it was spent on fine dining, nice hotels, property, usual lifestyle expenditure of a director on a gravy train

[festario] 18/7/2024 07:30

If the CEO blatantly lied about the sales conduit, could he not possibly be lying about this latest episode? After all he has form, and the share price is still 85% below where it was when I was able to dump my CGH shares .

[apfindley] 18/7/2024 07:22

Indeed. Another 5 excavators onside, whereas contango only had 1. Washplant capacity being increased by 3000t per day.With the speed of on the ground activity, and increased capacity, the Chinese will definately have a sales route for the coal....something which Carl clearly lied about when contango were alone.This project has finally become investable.

[bad gateway] 18/7/2024 07:13

Should imagine the chinese have the muscle to deal with the logistics needed too. Noted the machinery they're getting in. They don't mess around.

[apfindley] 18/7/2024 07:05

The power of money eh.Makes you wonder exactly what contango did with the money they had previously.The Chinese dont mess about, so it's going to move ahead rapidly from here.

[burtond1] 18/7/2024 06:47

Great update from #CGO https://www.londonstockexchange.com/news-article/CGO/update-on-transaction-with-strategic-investor/16574527

[danmart2] 12/7/2024 17:43

Both CGO and GWMO have many red flags

[festario] 10/7/2024 10:00

You have conceded that this is a scam, you'll be admitting the same on GWMO before long

[1waving] 04/7/2024 11:55

Can get to that thread through the link but not via other avenues. Very odd but of no matter. It will reappear later.

[swanvesta] 04/7/2024 10:30

It's right here:

[1waving] 04/7/2024 09:09

Other CGO thread disappeared again.

[danmart2] 03/7/2024 18:06

The only thing disappearing is anyone’s money who invested in Contango

[festario] 03/7/2024 17:21

No it didn't.

[1waving] 03/7/2024 17:11

This thread disappeared today so have been posting on another.
Very strange that a thread disappears for a while and then appears again. Happened in the last 2 days.

[danmart2] 03/7/2024 16:08

As soon as wencai take over the coal fields, CGO is finished and so will be your investment.

So many red flags

[apfindley] 03/7/2024 16:02

Indeed.And makes you wonder what sort of an untraceable deal a certain person has secured, away from the cgo accounts.Not that such bribery has a history on both sides.

[avobull] 03/7/2024 12:32

India has asked power companies to order equipment worth $33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian nation struggles to meet booming electricity demand, two government officials said.

[1waving] 03/7/2024 10:46

.
Good post apfindlay
Glad somebody else knows how the Chinese Communist Party work.

A couple more points.

1. Wencai only fronts up $2 million / £1.576 million. The rest is promises.

2. This is an under the table deal. The deal is framed so that CGO shareholders do not get a say in it.


.

[apfindley] 03/7/2024 10:31

The Chinese do this with EVERY resource company they target. Quietly play games to cause delays, erode the shareprice so the market caps become small, the companies become desperate for cash, THEN the Chinese emerge from the shadows to provide funding, taking controlling stakes at reduced prices for peanuts, then with control lthey can do what they want....and all the resources steadily be owing owned by the Chinese..This is not just about contango, but ALL resource companies the Chinese get their claws into.The west is falling behind rapidly, and sadly part of the problem is the personal greed and games of investors and shorters who manipulate stock prices and weaken the ability of small Aim/lse companies to raise capital at sensible prices, creating a constant downward spiral for good companies with good resource assets....which are then bought cheaply by the Chinese.