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CORO Coro Energy Plc

0.114
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Coro Energy Investors - CORO

Coro Energy Investors - CORO

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% 0.114 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.114 0.114
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 10/7/2024 08:49 by odillon
I just found the photo of Harry in the board of directors section in the investors area.

It looks to me as if Harry's picture has been taken by a professional photographer. It reminds me of portfolio shots for the fashion industry. The pictures of Tom and Harry look rather anomalous side-by-side. I think either Tom has to go more showbiz or Harry has to go more mundane and just have a headshot, rather than "this season's suits for men"

If a third Director is appointed and their name is Richard that would be a talking point.
Posted at 24/6/2024 11:38 by barony
Oops! I forgot as I haven’t looked in for a while, but how long does it take to find another director? I like the Coro assets and story, but they do need to get the finger out for investors, if nothing else.
Posted at 22/5/2024 08:51 by mebo2
The board of directors or bigger investors probably seeing Parsons track record didn't trust him & I wouldn't either, the man's a snake
Posted at 03/5/2024 16:10 by digger2779
I know it doesn't matter because we are suspended but Interactive Investor shows this as 0.00068 and 0.0016. It makes a difference to me as they use the lower figure to value my portfolio which affects how much my trading limit will be. Probably doing me a favour as my last 2 T trades in other stocks didn't go too well!!
Posted at 24/4/2024 23:04 by crankylad
It's obvious, the big investors had had enough of Parsons for some reason ,maybe they thought Parsons was turning Coro into his own personal fefdom ..
Posted at 16/4/2024 09:15 by jason90
Odillon, these are definitely good questions to ask at the AGM. To add to your point wrt FID. Why do Conrad state the expected FID by June this year, but Coro keep pushing it back, now Q1 2025 as per latest Investor Presentation.

As long as they continue pushing and developing the renewables business to fruition, this can be lucrative (as Pavey says). I would like to see the renewables starting to take off this year.

As soon as Duyung is done and dusted, Coro should already be flying with Renewables. They've had enough time now.
Posted at 15/4/2024 16:52 by toolsmoker
It's people at IG index selling today .clearly had enough .wouldn't say anything else just fed up investors
Posted at 12/4/2024 22:08 by odillon
Back on 12 September 2023 Coro's CFO pointed out to Proactive Investor that the market would have a clearer idea of the value of the 15% stake in Mako when the GSA is finally signed. At that time he anticipated that the final signatures would be in Q4 2023. I think we are now hoping for this by the end of May or June.

As I understood it, he was indicating that they want to tell investors the value but we will have to wait for the GSA finalisation.
Posted at 11/3/2024 08:17 by pavey ark
I'm sure that investors who know ANYTHING about Coro and the excellent progress they are making in renewables in SE Asia will know that they always update on WESCs as they are very important.

The importance here is that they are progressing a second large wind farm project and that their existing met mast will provide the essential wind data for this second project.

The met mast data is very valuable for ONE project so to be providing data for TWO projects obviously makes it even more valuable.

Any market reaction in the Coro share price is absolutely dominated by Duyung and people with little knowledge or understanding of, or interest in, the value of Coro Renewables.
Posted at 25/1/2024 17:23 by pavey ark
Not wanting to get into another bun fight here but a bit depressing to see posts elsewhere completely ignoring any positive news on renewables.

As I type renewables are at least as valuable as even the most positive outcome from Duyung......that is 15% of Duyung sold and debt paid.

As the renewable programme moves on the difference becomes even greater.

The most recent news has been that a Vietnamese bank is willing to provide up to c.$17m finance (50% in stages) for Coro to install solar panels across 900 sites in Vietnam.
The first 9 site pilot is to cost c.$300k then if this proves the project they will move ahead with the rest to a total of 50MW......this is a $33m-$35m deal.

The target for Coro is 150MW installed in Vietnam.

Then we have the very important and large investor Capton. This deal still being negotiated but Capton are very interested in buying into Coro's Vietnam operation !!!

Another rather technical point announced recently is that their Philippine met mast will provide data that is applicable to more than one wind farm site .....this data is essential for any wind farm project and is therefore very valuable.
Coro also have 12 months LIDAR data so they have all the data that ANY investor would demand before financing the projects.....even if Coro don't build the wind farms this data is worth millions.

Then we have the Philippine 100MW solar farm....doesn't need the same data but complicated land deal leases etc ...should be moving along and must be RTB in a few months ??!!

At RTB stage on any of the Philippine projects Coro would have the opportunity to sell the site with all permissions etc.....no info/hints have been given but at this stage ,and Duyung taking forever, the temptation would be there.

The Philippine solar would be the first to reach RTB and could be sold for $15m-$20m
This is a $100m project so the value here is getting it handed to you absolutely ready to go.
The wind projects are $175m each so the value of all Coro's data and permissions is even more obvious.

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