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Share Name Share Symbol Market Type Share ISIN Share Description
Coro Energy Plc LSE:CORO London Ordinary Share GB00BDCFP425 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.265 0.26 0.27 0.265 0.259 0.27 362,056 08:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -5.8 -0.7 - 6

Coro Energy Share Discussion Threads

Showing 2926 to 2950 of 3050 messages
Chat Pages: 122  121  120  119  118  117  116  115  114  113  112  111  Older
DateSubjectAuthorDiscuss
18/3/2021
11:36
Just on twitter - interview, though may have been posted before? https://twitter.com/CoroEnergy/status/1372510596906811399?s=19
steelwatch
18/3/2021
10:03
I think them issuing all those options yesterday is a good sign we are on the cusp..
currypasty
18/3/2021
09:58
About time we got something to lift this moribund status CURRY. Let's hope it isn't just wishful thinking.
steelwatch
18/3/2021
09:52
yes, that's the latest update from yesterday, 17th March Notably "Potential opportunity to partially realise value in the short-term through farm-out" have they got a deal almost there ?
currypasty
18/3/2021
09:49
Today's tweet doesn't link to the Q1 presentation, March revision, but this is it: https://www.coroenergyplc.com/media/2236/coroenergy-2021-q1.pdf Some renewables projects listed at last.
steelwatch
18/3/2021
08:38
That Open Offer went well. 37,214,632 shares at 0.4p. Does that make £148,858.52 or very nearly one Mark Hood yearly salary. Nice symmetry. Perhaps it could become a yearly event by small shareholders to benefit management. That salary is OK but just to make sure Mark hangs around for a few years he needs to be given 37,500,000 options. Nice symmetry (again). Perhaps that could become a yearly event also. Although all the options given to James Menzies didn't help him when push came to shove. That was when Coro was an oil and gas concern. The Italian assets first, followed by South East Asia. The Italian legacy is an unsaleable albatross. Will the company have to pay someone to take it away? The South East Asia gas legacy is Duyung. A €22,500,000 loan to be repaid next year is up for negotiation to extend to 2025. That would suggest any sale of the 15% Duyung assets is far away. No cash to match the loan in the near future. Be careful.
helpfull
17/3/2021
16:48
Thanks Curryp. It looks like all's good in the Hood. I don't honestly think us investors can ask for much more than that.
mach100
17/3/2021
15:09
Coro Energy plc, the South East Asian energy company focused on supporting the regional transition to a low carbon economy, announces that following the completion of the acquisition of Global Energy Partnership Limited, the Company has today awarded an aggregate of 57,187,500 options to subscribe for new ordinary shares in the Company (the "Options") to certain of the Company's executives under the Company's Long Term Incentive Plan ("LTIP"), the terms of which were announced by the Company on 22 February 2021. 37,500,000 of the Options have been awarded to the Company's Chief Executive Officer, Mark Hood
currypasty
17/3/2021
10:44
If it is to do with Duyung then the directors here and the "new boys" should be reported.
digger2779
17/3/2021
09:24
Quiet here yes, I added near 1m this morning. Expecting this to move up like EME.
go_baby_go
17/3/2021
09:13
EME are having a bit of a bounce the last couple of days.. they only habe 2 projects Duyung and China... Still not much interest here yet
currypasty
16/3/2021
10:45
Results from the General Meeting showed everyone did their duty. Or did they? Lombard Odier (22.94%) and CIP Merchant (17.86%) have 40.8% of votes combined. Conrad Petroleum have about 6.5% of votes if they have maintained their holding (there has been no notice suggesting otherwise). That makes 47.3% of votes for the major holders combined. Or 381,000,000 votes. But only 350,250,000 votes maximum were cast at the meeting. Perhaps not all the major holders are happy with or interested in the new direction of Coro Energy? I wonder who? Interesting TR-1's to come with all the new shares issued. The placing shares have been taken up. But who is going to buy them? And why? Just under £4,000,000 cash raised. The BOD are sitting pretty. Are shareholders? Be careful.
helpfull
16/3/2021
07:34
steelwatch - you mean "screening" the green projects whatever that means?
digger2779
16/3/2021
07:09
Bit of a flop. Raised less than a third of what they were looking for via the open offer. Still, I guess it was just a sop to disgruntled small holders. Time now to come up with some tangible green energy projects rather than just twitterin on about it.
steelwatch
16/3/2021
07:08
https://uk.advfn.com/stock-market/london/coro-energy-CORO/share-news/Coro-Energy-PLC-Results-of-Open-Offer/84583806
currypasty
15/3/2021
16:40
Just didn't bother. Might have if there'd been some options or warrants attached. San fairy Ann as the Tommies in the WWI trenches used to say. (├ža ne fait rien)
steelwatch
15/3/2021
13:47
My 1.5 million nays didn't make a dent against the yeas.
digger2779
15/3/2021
13:05
https://uk.advfn.com/stock-market/london/coro-energy-CORO/share-news/Coro-Energy-PLC-Results-of-General-Meeting/84577272
currypasty
11/3/2021
13:03
Subscribed for 76p entitlement and £9.82 excess. Hoping to double it. Never look a gift horse in the mouth.
mach100
10/3/2021
11:04
Curry - not bothering with it. Just out of hospital today and convalescing. Probably got to go back for surgery, so just chilling. Que sera. Bigger fish frying nicely. Bottom drawered peanuts CORO, ECHO and SOU, though free carry on the latter if it ever coalesces into something again.
steelwatch
10/3/2021
09:49
Expected date of announcement of 15 March 2021 the results of the Open Offer im not expecting much of a take up of the offer
currypasty
05/3/2021
13:02
"It makes clear sense to keep the full 15% of Dyung to reap fabulous revenues/income. Basic maths says Coro's 15% share of 150mmcfd prod per day at $9mmcfd = nearly $74million in revenue per annum over at least 15 year field life potentially over 20 years with further drilling of deeper prospects. So will Coro keep its 15%? I won't comment on your specific numbers but we agree that the Duyung project has attractive commercial metrics. As I said in an earlier response, all options are on the table, including retaining our 15% interest through the development stage and into production". Nothing changes. Let the figures stand without comment. Or not. Everyone is going to be rich. But what is another alternatve? What might the 15% interest Coro Energy holds in Duyung be worth? The latest plan of development has the figures for GIIP of 384 Bscf, 566 Bscf and 766 Bscf for low, medium and high estimates respectively. Anyone looking to buy Duyung would use the lower figure as being the realistic,more reliable estimate. And would immediately use a figure of half 384 Bscf for recoverable gas. Not all gas will be recovered from the field, economically, as depletion occurs over time. That gives 192 Bscf. Over a twenty year period that would average 9.6 Bscf per year. Or 26,301,369 scf per day. That equates to $236,712 per day, income, at $9 per scuff. 15% interest would give yearly revenue of about $13,000,000 to Coro Energy. But revenue is years away. What about costs? Production wells are needed and connection to a pipeline. And payment for transportation of gas through the pipeline would be needed. And the gas would need to be cleaned up. And maintenance would be required. The 15% interest held by Coro Energy is so small it might need to be sold as part of the whole of Duyung to be worthwhile. And any buyer would not want to pay full whack. A discount for investment needed and the recovery of that investment over 20 years would be required. Time is expensive. Especially in the modern, green, world where time is running out for hydrocarbon. Will Coro Energy be able to recover enough money from Duyung to repay the €22,500,000 loan and interest? Uhm. It's no wonder the CEO is not an oil and gas man. It is a clear message for shareholders. Coro Energy cannot make oil and gas pay. Shareholders might have to wait years to find out. Be careful.
helpfull
04/3/2021
21:56
Yes second that thanks to Johnswan193. The incentive shares in practice merely reward being in position, not success. I will vote against.
xxx
04/3/2021
11:35
Thanks RD and Currypasty, I'm also happy that they were willing to answer some of the difficult questions that others may have screened out (even if we don't agree with the answers). Certainly a lot of risk here, but we have a very low market cap, a valuable asset and an interesting project pipeline. Placing is done so immediate cash needs looked after and hopefully we can build from here.
johnswan193
04/3/2021
11:29
thanks John, TBH, impressed that they have taken the trouble to do this and explain things, and especially for answering some awkward questions
currypasty
Chat Pages: 122  121  120  119  118  117  116  115  114  113  112  111  Older
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