Coro Energy Share Discussion Threads

[currypasty] 15/1/2024 10:19

"anticipation of the outcome of the Duyung PSC Operator's farm out/sale process"


any chance of an update on the above ?

[currypasty] 15/1/2024 10:18

this was there appointment as joint


"Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces the appointment of Hybridan as joint broker to the Company with immediate effect. The appointment is part of a series of actions the Company is initiating to increase research coverage in anticipation of the outcome of the Duyung PSC Operator's farm out/sale process, as announced on the 2nd May and further update of 12th September."


WH Ireland dropped

[jason90] 12/1/2024 09:06

This was an interesting read. Fair enough it dates back to last May..

[digger2779] 10/1/2024 11:40

I'm surprised that £75 buy hasn't caused the share price to spike 😂

[10owen] 09/1/2024 16:36

Thanks for your thoughts Pavey.I agree on Duyung let's just hope the GSA/ sale happens soon and we get the bond holders out of the picture and then we may see some real value realised for share holders.Gla.

[pavey ark] 09/1/2024 16:29

10owen, I have a fair number here but if this Duyung nonsense was out of the way I'd double my holding.

I honestly wouldn't mind if the bond holders got the lot and left Coro as it is today .....minus Duyung.

Obviously I would prefer a big payoff from the gas sale but as it stands it is dragging the renewables down and filling the shareholdings with people who have absolutely no sympathy, understanding or interest in renewables.
I have some sympathy for those who signed up for the Duyung payday especially as the business is no longer about gas production......actually quite a strange (unique) situation .....like buying shares in Tesco to find that it has turned into RR or vice versa.

The renewable deals are massive and can produce massive returns .......totally out of all proportion to Coro with or without Duyung but difficult to ignore $25m+ debt.

The deals that are moving along in SE Asia are very big and are certainly moving along....unlike Duyung ??!!

The Italian gas sale, the excellent Ion Ventures sale , the existing Vietnamese solar installations cover the current market cap...easily.
If we throw in the Philippine solar, philippine wind with the vital wind measuring, the Capton deal the MWG deal and three further Philippine wind farms I am at a loss.

The only thing that niggles with me is the bondholders and the large debt.....certainly the elephant in the room.....let's hope the said elephant doesn't relieve itself.

My cry is as always ....sell Duyung.

[barony] 09/1/2024 13:28

I mean Conrad Energy Asia, not Conrad Energy which is big in Solar and wind.

[barony] 09/1/2024 13:23

How does the gsa stand? Is it still happening, or is Conrad going to move into solar panels?

[10owen] 09/1/2024 08:52

I would be interested in your views Pavey on what value you would put on Coro now and potential future value and where you see the share price post the GSA/sale and tie up with Capton.

[lazarus2010] 09/1/2024 08:11

Should have the GSA signed within the next 2 years I reckon! 😱
Looks like flogging the Italian gas was a good deal, we're in January and TTF barely above €30!!

[begorrah88] 08/1/2024 16:31

People obviously deciding they've had enough of this farce over the GSA.

[lazarus2010] 08/1/2024 09:58

Or both 🤔😱🤪

[dicko80] 08/1/2024 08:29

Chart has signalled a sell around 0.25p
So maybe some short term turbulence

[pavey ark] 08/1/2024 08:18

A few "helpful" comments.

The Capton deal is still very much alive and moving on.

The MWG deal is moving on with minor points being clarified.

The wind measurement mast is in place.

The Philippine solar is at the stage of doing lots of small land deals....local and perhaps messy (my view here).....but moving on.

Lots going on and as I've said before...selling is easy if you have something that people want and need !!

I could add a great deal more especially about the value being added here but most don't understand or don't want to understand.

[helpfull] 07/1/2024 13:50

Oh! How rude?

Has that crazy GSA been signed yet?

Has the operator "finalised the GSA and FID before the end of Q4 2023"?

What has happened with the "four-month period of exclusivity" twixt Coro Energy and Capton Energy?

Surprised?

Surely not. Expect more of the same.

Choo! Choo! The gravy train is going strong.

Guess who is driving it.

Mug punters, guess who doesn't give a fig about you?

Be careful.

[digger2779] 05/1/2024 16:48

Oh well, guess who bought a few more yesterday? I should have waited or need my head examining.

[judijudi] 02/1/2024 22:06

That’s correct

[digger2779] 02/1/2024 17:52

Laz .. true. I thought you could only roll a position once. That was my understanding a few years back.

[lazarus2010] 02/1/2024 15:41

Digger, better that they are rolled and not sold!

[digger2779] 21/12/2023 16:00

These roll overs are hitting the bid. Punters hoping we get positive GSA news before crimble. I doubt it will happen now but would like to be proved wrong.

[lazarus2010] 19/12/2023 09:46

Nearly 2 years since Mark Good stated GSA imminent FFS!!!

[rafboy] 18/12/2023 12:32

Reading the RNS at EME earlier today it’s clear GSA is very close with final bids in by the end of the year. Effectively an announcement could come at anytime in Jan next year. Seems a great time to buy in or add more here. So I have and added 500K shares.