Coro Energy Share Discussion Threads

[currypasty] 23/12/2020 11:43

02-May-19 Buy  James Menzies 2.35 GBX 3,157,447 7,907,840
02-May-19 Buy  Andrew Dennan 2.35 GBX 1,623,830 1,623,830


just over a year ago directors were buying at 2.35p and its 0.37p today

[go_baby_go] 23/12/2020 11:25

Well I think this shouldn't have an trouble getting over 1p soon

[blueblood] 22/12/2020 21:38

Great opportunity for 5 bagger plus on asset sale alone!

[m5] 22/12/2020 16:24

Well, I make that 2.3pps cash worst case, plus existing assets.

[stewart4990] 22/12/2020 14:10

Well I added a few more just now, eme and Coro both going up

[showmethemoneyhoney01] 22/12/2020 14:00

Curry, worst case is that they get £42m less £23m debt. £19m cash plus existing assets. Best case, £35m left. Market Cap under £3m .Wowsers.

[showmethemoneyhoney01] 22/12/2020 13:53

Fill or kill only ATM for buys

[ride daice] 22/12/2020 13:35

I hold here but I must admit I've definitely missed the information which states the intention to sell the asset outright for cash as suggested by a number of posters. Could somebody kindly direct me towards this evidence as my understanding is that the consortium is pursuing a developement approach as it stands ?

[tomboyb] 22/12/2020 13:27

Its tight like a tiger -

[currypasty] 22/12/2020 13:16

Thanks to starz on eme thread for cenkos note today..

A key sensitivity to our valuation is the gas price, at US$8/mcf our valuation of Mako increases to US$31.1m or 4.7p/share (risked) or US$44.4m or 6.8p/share unrisked.



If EME get in the region $31m - $44m for 8.5%,

coro = $55m - $77m (debt due about £23m depending when pay off)


makes mcap look bonkers

[tomboyb] 22/12/2020 13:08

Have 1.5mill of these -

Tight like a tiger and been difficult getting stock below 0.3p -

[currypasty] 22/12/2020 12:59

Buying 20,000 CORO ENERGY PLC ORD GBP0.001 shares
We have been unable to obtain a live quote at this time.


cant buy any electronically, not even £60 worth

[showmethemoneyhoney01] 22/12/2020 12:50

Spread is crazy

[blueblood] 22/12/2020 11:13

It's been like that for days. Don't know why they don't try taking it up and open up proper 2 way trading....

[currypasty] 22/12/2020 11:10

friend of mine put a buy order in this morning, and it took an hour to fill, only a few hundred quid as well!

[grannyboy] 22/12/2020 11:06

Some movement both here and in EME, wonder how those sales talks are progressing?

[helpfull] 21/12/2020 07:51

Why doesn't Coro just announce a cash raise is necessary to keep going? Is there going to be a continual drip of rehashed information in order to try and get the share price higher before the inevitable? Are the figures lower than those quoted in May? The debt will consume all. Be careful.

[showmethemoneyhoney01] 20/12/2020 07:47

Glad I bought 2 million myself but in stages. The MM are not interested in creating a market with a large spread and rarely get on line quotes. Is there a large buy order they are working on? Seems very undervalued looking at £2m market cap, the level of debt with plenty of time to repay and other projects. 1.5p research note target with 5 multiples of current price. Should see something close to that if Duyung is sold something close to what is speculated.

[currypasty] 18/12/2020 17:07

2 mil buy just showing.. no wonder they didn't want to sell any more

[currypasty] 18/12/2020 15:06

wasn't even much research, could have got all that from rns's..
They were just waffling about Duyung.. as if coro had a cat in hells chance of raising money to develop, and then find £27m year next april to pay debt back..

[digger2779] 18/12/2020 14:59

Blueblood - maybe we should write a research note and get gifted a few million shares that way.

[blueblood] 18/12/2020 13:57

Why don't they create a market t*ssers

[10owen] 18/12/2020 09:22

Still cant buy online but can sell 3m.Punters may not have woken up but MMs have.Like to get a few more before the herd arrive.

[currypasty] 18/12/2020 08:57

punters not woken up yet ?



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