Coro Energy Share Discussion Threads

[pavey ark] 17/1/2024 09:06

I see from the comments this morning a number of people still don't get this ........." delivering bankable data to the Company's utility scale projects in the province of Oslob."

Twelve months wind data is an essential requirement for ALL wind power projects anywhere in the world .....no one will provide development capital without this.

Coro have all the government approvals and permissions so with 12 months data they have an oven ready project with very considerable value (certainly multiples of the current entire market cap of Coro).

This one wind farm is valued at $175m and Coro could sell a developer a deal that cuts TWO Years at least from the total project development timescale.......hmmm???....I wonder what that would be worth ??

This mast is almost 450ft tall(I hope it doesn't blow over)......I hadn't realised it but Coro are now pointing out that the data isn't strictly local so logically it could be used for other projects in Oslob Provence and not for just this one project.

[njw2] 17/1/2024 08:11

Bigggggg trade there , 40 whole shares .

[10owen] 17/1/2024 08:07

We need an erection in the share price to put the smiles back on our faces.Gla.

[bengal1] 17/1/2024 07:42

A mast has been successfully erected. Great news.

[currypasty] 17/1/2024 07:29

ha ha, they have put a mast up!

[njw2] 17/1/2024 07:28

What an rns , it's going to absolutely roof on that . We might even get 10k worth of action today

[barony] 16/1/2024 12:54

Good Stockbox interview. Conrad certainly expect gsa signature q1 and gas early 2025.

[blueblood] 16/1/2024 08:51

Was alluded to in Conrad stockbox interview yesterday I think!

[lazarus2010] 16/1/2024 08:47

Blue...Where's that piece of info from?

[blueblood] 16/1/2024 08:45

Looks like the final piece of GSA jigsaw is getting guaranteed access to Singapore pipeline. This is vital for Sembcorp & the GSA and hopefully will be signed off this month to allow GSA & farm down to happen!

[bengal1] 16/1/2024 08:38

Not looking good.

[currypasty] 15/1/2024 13:57

market not too impressed, dont we only have till april for the loan ?

[begorrah88] 15/1/2024 13:41

Until the next 3 month window gets touted.MM's keen to step off the bid so the failure to hit the 'end of year' whopper looks to have taken the share price down by a third.

[currypasty] 15/1/2024 13:30

only another 3 months hopefully then?

[begorrah88] 15/1/2024 12:57

Mario being anything but convincing about timelines. https://stockhead.com.au/stockhead-tv/2024-preview/whats-in-store-for-2024-conrad-asia-energy/Why don't any of these interviewers ever ask why previous predicted timelines were missed?

[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.