Coro Energy Share Discussion Threads

[pavey ark] 07/4/2022 15:50

Price just taking a breath.

As I have said, more than once, the Italian gas is what brought me here and it certainly looks to be able to support the price (and more) on its own.

I have a group of five companies based on sustainable/renewable energy and I have tried to give my investments as much diversity as possible....wind, solar, hydro, bio...and tried to get geographical diversity as well.....SE Asia may fit in.

Have now spent some time looking at the renewables aspect of Coro and I like what I have seen.
There should be no doubt that this is where Coro is going and if people see it as a gas exploration/production company then it looks to me that they may be in the wrong space.

Italy looks to be a very happy accident and should be very good for Coro but my reading of the situation is that Duyong will be flogged off asap.

Reading the brokers reports I see that Coro's share of the development costs would be c $40m I don't see them going there so a sale looks very likely.

The new management are probably bursting to get the cash to invest in their renewable projects.

There is the rather obvious point that Coro have promised the bondholders their money back plus 20% of any excess.....I don't thing they'd be happy with a $40m cap ex spend.

The big question is how much do they get for their 15%.....answers on a postcard to....

[rafboy] 07/4/2022 13:26

Assume there is a large sale to show later as the share price should be up on all the buys going through.

[lazarus2010] 07/4/2022 12:15

Curry, I did the same about a month ago, think my email went into their junk folder, not received any response at all!

[buzzzzzzzz] 07/4/2022 12:14

Curry

Cunning!!!

[petercrosby] 07/4/2022 11:30

What qualifies as HNW? I might be able to tick the box if EME hit the black stuff

[currypasty] 07/4/2022 11:12

Ive mailed them as a HNW investor wanting in on the IPO... see if they reply

[starzerus] 07/4/2022 11:05

you have to look in every nook and cranny ;-)

[currypasty] 07/4/2022 10:57

so it does, sorry, missed that bit

[starzerus] 07/4/2022 10:47

No Curry you are incorrect.



On the Conrad Asia Website.


It says on the ABOUT page

Delivery of Key Milestones

2021,2022 & Beyond
Approval of Revised POD for the Mako Gas Field to reflect higher resources.

Completion of Gas Sales Agreements for Mako Gas.

Conversion of NEW Venture JSAs to PSCs

IPO on Australian Stock Exchange.

[currypasty] 07/4/2022 10:40

Elissa Hansen
Company Secretary


A Chartered Secretary with over 20 years’ experience as a company secretary and corporate governance professional.

I have worked with boards and management of a range of ASX listed companies including assisting companies through the IPO process. My experience covers a variety of industries including resources, information technology, industrials and biotechnology. I currently act as the Company Secretary for a number of ASX listed companies, together with a portfolio of unlisted companies, offering best practice governance advice and ensuring compliance with the Listing Rules, Corporations Act and other relevant legislation.

[toolsmoker] 07/4/2022 10:38

Hi laz I can confirm that conrad are 100% being ipo'd .this is also the reason why the gsa will be signed off ASAP and announced

[currypasty] 07/4/2022 10:36

It says ontheir website that one of the directors has experience in IPO's

[petercrosby] 07/4/2022 10:17

I thought someone (Safiande?) said it was on their website?

[lazarus2010] 07/4/2022 09:52

yeah but heard from where? That's the question. Your broker told you, or just somebody told somebody who told somebody sort of source?

[buzzzzzzzz] 07/4/2022 09:23

Laz

I had heard it was planned for April maybe I am wrong.

[lazarus2010] 07/4/2022 09:07

Buzzzzzz...is that a rumour or have you received any IPO offer? I've not seen anything official, only rumours that they are thinking of listing...

[buzzzzzzzz] 07/4/2022 08:48

Conrad are supposed to be IPO'ing on the ASX this month I can't believe they will go ahead without the GSA.

They must be pushing very hard to it over the line.

[go_baby_go] 07/4/2022 08:27

Added 1m this morning on the pull back. Next move we hopefully break and hold well into the 50s

[buzzzzzzzz] 06/4/2022 18:00

Curry

This was posted on LSE by seedcorn!


Good to see the directors are arranging their performance options. If they want them to be beneficial they will have to make some gains for us all too........ except that I will not be along for the ride. I sold out my tiny holding, and I mean tiny, for a profit of 55p today. Well a profit is a profit! JP has disappointed for too long. I hope he makes all Coro shareholders very rich indeed. Good luck!


Just shows who are selling.

Stale bulls who bought Jan last year and been underwater ever since and just glad to get out with their money back!!

[buzzzzzzzz] 06/4/2022 17:48

Curry

Some people will just take a quick profit.

The price has had a good run up from mid 30's so a little pullback is no bad thing.

As they say bulls go up the stairs and bears go out the window!!!

[currypasty] 06/4/2022 17:20

9 mil sell put in first thing looks the reason for the MM's games this afternoon..


fancy selling so close to imminent

[buzzzzzzzz] 06/4/2022 16:43

Jamesiebabie6 Apr '22 - 14:12 - 1799 of 1804
0 0 0
Placing? Fast track the Italian assets? Or just selling into so-called strength?



Do me a favour!!!!!!!!!!!!

[blueblood] 06/4/2022 16:32

Imminent or by next week if you think MH or Gaz have had the nod lol

[jamesiebabie] 06/4/2022 16:29

When GSA? LOL