Contango Share Discussion Threads

[jungmana] 04/2/2022 19:15

Exactly mate

[goforgold1] 04/2/2022 19:09

So very very similar to BEN . Atlantic coal did all the investment went bust then BEN tookOver from the banks

[jungmana] 04/2/2022 19:03

The previous operator of the Lubu licence spent over $20 million to prove up this huge coal resource. Cgo has been overlooked by the market that's why is still under GBP 50m market cap ( 15p share price).

[goforgold1] 04/2/2022 18:13

I got it if Twitter lol

[shooter mcgavin] 04/2/2022 17:59

- General share chat Telegram. Bulls and bears welcome (You need the telegram app)

[aimmafia] 04/2/2022 17:42

So many people copying my tweets in here haha. Enjoy.

[goforgold1] 04/2/2022 17:39

#cgo still no where near fair value only another 200% to go to even be on course of a fair price.-Huge revenues due in 8 weeks-300k tonnes per annum-Met Coal ATH Price-2.1mil ozs gold not priced in 'Mali'-1.6 Billion ton Coal Resource.CGO Due a Stratospheric Rise

[festario] 04/2/2022 17:18

Not sure what you mean.I obviously want this to do well, as I have shares indirectly in it, via CGH

[goforgold1] 04/2/2022 17:18

Nearly 13 million shares gone through and held gains would expect tree shake first thing Monday by Mms Dont let them fool you into selling long way to go this just like BENS that's 40p now

[goforgold1] 04/2/2022 17:16

Great end to day . Roll on next week way. Way undervalued still plenty of buying pressure

[goforgold1] 04/2/2022 17:14

Strange where was you when this was under 6p lol now you start your scare tactics to people who have found a good share undervalued

[paddygangster] 04/2/2022 17:12

Nice finish

[festario] 04/2/2022 17:08

I'm not saying it's a problem, I'm just looking forward to being offered a decent sum for my dormant shares.

[saint in exile] 04/2/2022 17:01

That shouldn't be a problem

[luffness] 04/2/2022 16:58

It is not a competition

[hamidahamida] 04/2/2022 16:33

This the latest one also must ListenContango Holdings (AIM:CGO) https://audioboom.com/posts/8004977-the-sunday-roast-presents-12-stocks-for-the-12-days-of-christmas-episode-9-contango-holdingsMetallurgical Coal and Gold in Zimbabwe and Mali respectively.Aiming to be into production of coking coal batteries in Q2 2022 and then produce coke soon after with the intention to increase the production levels towards the end of 2022 to a level of EBITDA close to current market cap. This should then continue to escalate during 2023 and beyond as production output increases. The two Gold resources in Mali have increased up-to 1.5M-2Moz and a JV or sale cannot be ruled out.

[hamidahamida] 04/2/2022 16:31

Must listen to CEOhttps://total-market-solutions.com/2021/11/contango-holdings-nov-2021/Chief executive Carl Esprey says the coal resource the company has is "huge." Estimated at having over 2 billion tonnes of coal, the project has centuries of production. With long life and high prices, Lubu was re-engineered to take advantage of the new pricing environment and the supply demand outlook of coke and coking coal used in the steel and ferrous alloy industry.The commodity market's least liked commodity is having a makeover particularly as it's part of the clean, alternative energy sector. Coking coal is the key ingredient in a blast furnace. Combine that with iron ore to produce steel, and as Esprey points out: "Without coking coal we aren't producing the steel that's used in wind turbines, the steel that's used in solar plants. All of that's needed, so the world needs coking coal."The offtakers need it that's for sure and Esprey isn't gloating when he outlines the new business case. "With the price of coal going higher, that changes the dynamic of the discussion with the offtakers. A year ago we were much more likely to do a deal with the offtaker that would have locked us in for a long term just in order to get cash flow to then expand the resource larger. As the coal price went higer and higher and the offtakers got more and more desperate, the power of the negotiation moves back towards us."

[hamidahamida] 04/2/2022 16:29

Ben is worth 150 million CGO MCap 28 million CGO has a bigger high met coal resource (2 billion ton) then (Bens 18million mt)plus 2 moz of gold in the ground worth 200 million CGO 12 million profit by year end 202254 million profit by 2023/2024

[hamidahamida] 04/2/2022 16:25

You were told this morning on BENS thread BEN MARK 2Better late then never Wellcome

[hamidahamida] 04/2/2022 16:24

Better late then never fella

[sirmark] 04/2/2022 16:20

I'm a bit late to the party but just purchased two lots, not sure the chap who recommended it on the PANR board but cheers :)


110,862 & 165,760 are mine :)

GL ALL

[billthebank] 04/2/2022 16:01

Thanks for pushing me guys.Thought it was just a cross ramp. Had to pay 8.1 but although Zimbabwe everything else looked good.Cheers for the heads up

[saint in exile] 04/2/2022 15:33

Can buy in bulk now though

[saint in exile] 04/2/2022 15:31

Its heading that way.Can only buy £500 worth at a time.