Coro Energy Share Discussion Threads

[rafboy] 28/2/2024 14:05

Up now as buyers arrive.

[showme01] 28/2/2024 13:35

Conrad up, EME up. Coro down ?

[blueblood] 28/2/2024 08:14

Nice 2.5m buy to get day rolling

[blueblood] 28/2/2024 07:58

Conrad up another 9% overnight on big volume

[showme01] 28/2/2024 07:18

Conrad at highest price in 2024

[showme01] 28/2/2024 04:42

Conrad moving up on good volume

[showme01] 27/2/2024 14:25

Me too blueblood. Took 1m earlier

[blueblood] 27/2/2024 14:19

Well they have given another chance to top up at 0.2p which should be no brainer on news incoming. Taken another 1m over last couple of days!

[currypasty] 27/2/2024 13:47

conrad back up to 1.20 is a good sign

[showme01] 27/2/2024 13:30

Shame this has not been RNS'd as it is material news.

[currypasty] 27/2/2024 13:08

UPDATED 26/02/2024


"Operator farm out
process underway"


"GSA DOCUMENTATION AND APPROVALS
FARM OUT BID"


timeline by end Q1

[pb01] 27/2/2024 12:46

Updated presentation for Coro showing GSA and bids being brought forward to Q1. Anytime in next 4 weeks.

hxxps://www.coroenergyplc.com/presentations

[pavey ark] 25/2/2024 09:45

The news from Duyung looks promising (at last) but I have been expecting news on the renewables and on a shorter time period.The acquisition of the additional 2.4 MW Vietnamese solar should be finalised soon and we were told on the 19th of last month that Capton were still interested in buying into Coro's Vietnamese solar business. The offer of project funding by a Vietnamese bank for the initial stages of 50Mw Mobile World project is very important/ significant. Obviously the wind mast data from the Philippines will take time but the value in that data grows month by month.Of the 4 big utility scale Philippine projects the 100MW solar must be getting close to the RTB stage and at that point this one project would be worth more than the entire,current market cap.Could we be getting close to realising at least some of the very large asset value in Coro?

[digger2779] 23/2/2024 23:18

hxxps://www.malcysblog.com/2024/02/flash-blog-scirocco-coro-empyrean/

Wonder why CORO didn't put more meat on the bones with it's RNS?

[odillon] 23/2/2024 13:43

i'm wondering with this good piece of news, whether we might even get ahead of the deadline on this occasion? That would be a treat.

[the sage] 23/2/2024 11:39

We are all aware of the deadlines that have been missed in the past, but this news adds confidence that the June deadline will be met.Our AGM is usually around mid June. I hope to be able to attend the meeting, train strikes allowing.

[digger2779] 23/2/2024 11:35

Good news which hopefully will give the share price support at current levels.

[barony] 23/2/2024 10:25

Sell our 15%, clear the debt, cash in hand and profits and cash flow from our renewables! Onwards and upwards!

[rafboy] 23/2/2024 10:01

Yes and in a few months with the GSA we will be a lot higher.

[allinforabigprofit] 23/2/2024 09:00

Thank goodness some warmth from Coro. Obviously a goer.

[jamesiebabie] 23/2/2024 08:47

Do we have a heartbeat? Cryogenics has been amazing. I'm a live.

[the donald] 23/2/2024 00:48

23 February 2024 ASX:CRD
Ministerial Approval of Mako Gas Price & Allocation
Highlights
Conrad Asia Energy Ltd (ASX:CRD) (the “Company”; or “Conrad”), an ASX-listed Asia-focused natural gas exploration and
development company, is pleased to announce that the gas price and volume allocation for the Mako field project in the Duyung
PSC has been approved by the Indonesian Minister of Energy and Natural Resources (the “Minister̶1;). This is a significant
milestone that allows Conrad to finalise fully termed Gas Sales Agreements (“GSA”). The Mako project will contribute to
Indonesia’s target of doubling gas production by 2030.
o SKK Migas, the Indonesian upstream regulator, has informed Conrad that the Indonesian Minister of Mining and
Natural Resources (“MinisterR21;) has issued a letter (the “Allocation Letter”) which approves the volumes and prices for
gas exported and sold domestically from the Mako gas field in the Natuna Sea.
o The Allocation Letter is a key step in advancing the documentation for the sales of Mako gas and access to the West
Natuna Transportation System (“WNTS”), as it serves as the formal basis for reserving pipeline capacity for the
evacuation of Mako gas. As previously disclosed, Conrad is continuing to work with the relevant parties and SKK
Migas to finalise the GSAs (with customary conditions precedent).
Conrad Managing Director and Chief Executive Officer, Miltos Xynogalas, commented:
The approval by the Minister of the Mako gas price and volume allocation is an important milestone towards the completion of
the Mako GSAs. Together with the WNTS access agreements these are key requirements for a final investment decision on the
Mako field development. I am very pleased to receive the continuing support from the Government of Indonesia for the
development of this important gas field which will contribute to Indonesia’s objective of increasing domestic gas production
and transitioning to cleaner burning fuels.
Conrad has made significant progress with the Mako gas project, including securing government approvals, maturing farm
down discussions, and pushing forward with debt funding initiatives. The injection of capital from the recent successful capital
raise has put us in a strong position to conclude the last outstanding issues on achieving the final investment decision.