Coro Energy Share Discussion Threads

[digger2779] 07/3/2022 14:53

I was expecting more than this with today's news especially now the wider market has recovered. Suppose we will be in the doldrums until the Ukraine situation is resolved or we may just go out in a blaze of glory which is what the media seems to want!

[nametrade] 07/3/2022 13:08

Its not just here, I also hold SAVE that also is ridiculously priced atm....With commodity prices accelerating at unprecedented speeds there should be some serious rerates all over the commodity sector as I see it.

[barony] 07/3/2022 13:01

I wholeheartedly agree Laz. Makes no sense at all. This company has one asset performing, one about to deliver untold riches and others for the eco future. Should be flying!

[lazarus2010] 07/3/2022 12:42

does anybody know any online NVQ courses for stock market investing as I seem to have this one all wrong!! Duyung potentially worth multiples of the current sp; Italian assets revaluation should blow the bloody doors off and then there's the renewables which clearly are increasing in value along with increased cost of oil and gas as they are a defence against fossil fuel price fluctuations and should attract a premium. This has 4p written all over it and we're not even at 0.4p!!

aimho!!

[barony] 07/3/2022 12:15

Roll on Duyung sale, but we now have nice income to keep Coro going to develop all the other great opportunities here.

[lazarus2010] 07/3/2022 10:01

those 2 x 2mln at .374 were buys, I was checking buy/sell prices at the time and that's what I was being quoted.

[lazarus2010] 07/3/2022 09:22

yeah and Italy will nationalise it!!

[lazarus2010] 07/3/2022 09:13

everybody talking about oil prices going up, but UK gas and Eur Gas both up c. 40% on top of already historical highs, so PoG is up c. x12 since this time last year!!


TTF Gas EUR 280.00 87.45 45.42% 82.43% 102.14% 944.37% 09:10

UK Gas GBp 629.3200 169.05 36.73% 76.25% 95.06% 869.32% 09:10

[allinforabigprofit] 07/3/2022 08:52

Next we require Italy to reverse its negativity on gas drilling. We could be quids in if that were to happen? All those complaining about inaction and lack of progress where are they now? Gas is only going to become more expensive and I doubt the prices of previous year are ever going to return?

[buzzzzzzzz] 07/3/2022 08:46

Laz

Everyone is looking at Ukraine at the moment.

Fundamentals out of the window.

Patience required!

[billthebank] 07/3/2022 08:46

Apparently there are still some concerns over the cos indebtedness Any LTHs with a view here.

[nithbank] 07/3/2022 08:11

Game changer.

[buzzzzzzzz] 07/3/2022 08:04

Our value at current share price is only £7.5m

Huge disconnect!!!!

[currypasty] 07/3/2022 07:31

The Company now expects to generate in excess of EUR5 million per annum free cash flow from its Italian portfolio once Sillaro is brought back into production, expected in March 2022.

[toolsmoker] 07/3/2022 07:23

Wow what an rns from coro

[blueblood] 04/3/2022 18:22

In 2 years time our green energy projects should be firing in all cylinders too. Any cash earmarked for interest can be pumped into bringing more projects online asap once vote on restructuring is agreed!

[currypasty] 04/3/2022 16:17

He must be pleased the loan has been extended a couple of years and no interest to pay april

[helpfull] 04/3/2022 15:09

If Duyung is sold for $237,000,000, Coro Energy will receive nothing after debt is paid off.

If Duyung is sold for $400,000,000, Coro Energy will receive $19,552,;000 .after debt is paid off and bondholders receive their 20% on top.

That's £14,600,000.

Be careful.

[digger2779] 04/3/2022 14:42

curry - according to Mr. Helpful on the other thread we will be lucky to get a handful of magic beans when Duyung is sold lol. On the strength of that I will try and buy a few more here if funds permit as I'm partial to magic beans.

[mrzippo] 04/3/2022 10:07

If I read that right, on the sale if Duyung, the debt & interest gets repaid. Then, if any cash left over, the noteholders take 20% of that. The residual is for the other shareholders.Looks like they will nab 20% of the equity value as part of the restructuring.

[starzerus] 03/3/2022 13:21

yes be nice to get some cash back too hoping for a total sale by Conrad Coro and EME