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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Coro Energy Plc | CORO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0225 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0225 | 0.0225 | 0.0225 | 0.0225 | 0.0225 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 03/1/2025 12:56 by stewart4990 Coro and eme to a lesser extent have performed woeful, what the hell is going on with Coro, |
Posted at 02/1/2025 15:15 by greengremlin Happy New Year all. I wonder if we'll see a Coro update in 2025... |
Posted at 11/12/2024 13:16 by rafboy Sounds great CORO up 28%. |
Posted at 05/12/2024 00:08 by odillon RadioShipLombard are not listed on Coro's website as significant shareholders. The only two listed are River Merchant Capital 9.45% and Novum Securities 8.32%. Lombard may have a holding but not one Coro deem to be significant. |
Posted at 04/12/2024 23:59 by odillon blueblood - Michael Carrington used to give good updates to Proactive Investor on the renewable side of things. Since he resigned in October there doesn't seem to be another spokesperson from within Coro stepping up to the media plate. |
Posted at 04/12/2024 11:59 by radioship Is Lombard still involved with Coro if so didn't they just get done for money laundering, Parson's got on well with them ?? |
Posted at 06/11/2024 09:32 by georgesorrow "The Additional Loan has been provided by Fenikso Limited ("Fenikso"). Tom Richardson, Chairman of the Company, is a director of Fenikso, and therefore the Additional Loan is considered to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies."So Richardson is helping Coro out by lending to them at 40% secured against Duyung and the renewables business if Coro defaults. |
Posted at 06/11/2024 09:17 by currypasty "The Loan attracts an annualised coupon of 40% (20% for the six month term), payable on the amount of the Increased Loan drawn down, and is secured on the shares of Coro Asia Renewables Limited and Coro Clean Energy Limited, the holding companies for the Company's renewables businesses." |
Posted at 11/9/2024 18:39 by helpfull Oh! How rude?Posted something similar on the Empyrean board. The current price of 1,000scf in Singapore is US$10 at the moment. The GSA agreement with Sembcorp suggests a 111,000,000scf daily production at Mako. That would give an annual revenue of US$405 million, and at Coro Energy 15% share, an annual revenue of US$60.75 million or £46.7 million. Allowing for the cost of getting to first gas, if Coro Energy received one years revenue for the 15% Mako share, a guesstimate can be made of the value of Mako to shareholders. At 31 July 2024 the obligation under the Eurobond was £24.95m. The convertible loan is about US$600,000 after 6 months. Allowing also for 20% of sale value going to Euorbond holders that would leave Coro Energy shareholders with about £16.8 million. Compared to a market cap. at close tonight of £2 million. Positive points for Coro Energy are: It could receive more than 1 years revenue for the 15% Mako stake ($81 million would give a residual £29 million). The drag along with Conrad would ensure the best price would be received by all partners. Singapore gas price in GSA might be higher than $10. Coro Energy has the residual Renewables business. Negative points: The convertible loan has a mechanism to produce billions of new shares if there is another cash raise in the next six months. Best result would be to monetise Mako and pay off the loan in the next 6 months. The Parsons legacy, Lombard, Spreadex and the current diectors. As ever, you pays your money, you makes your choice. Be careful. |
Posted at 27/8/2024 17:43 by odillon The convertible loan update is interesting. It says that the RNS "did not correctly refer to the entity holding the Vietnam renewable assets, being Coro Clean Energy Limited"Originally it referred to "Coro Asia Renewables Limited" Just how many Coro's are there? Michael Carrington is a director of both of the above, but not a director of Coro Energy PLC. |
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