Coro Energy Share Discussion Threads

[stewart4990] 06/2/2020 15:55

Well there are some large sells today, someone wants out and are getting hammered on price, I will remain as not got that many, not worth selling at this price.

[blueblood] 06/2/2020 09:30

The cancellation of Bula saved $7m cash and surely they wouldn't raise before getting Duyung reserves upgrade out!

[digger2779] 06/2/2020 09:26

Smacks of forward selling for a fundraising.

[blueblood] 06/2/2020 09:18

WTF is going on here? Duyung worth multiples of Mcap alone! Directors taking shares in lieu of salary this week and it doesn't add up.

[digger2779] 06/2/2020 09:12

Beginning to regret my recent buy. Is there something the market knows and Menzies isn't telling us?

[laptop15] 05/2/2020 11:20

https://twitter.com/laptop1515/status/1225015485781172225?s=19Decided to buy after researching...looks to cheap to me at Current share price ...good trade opportunity

[laptop15] 05/2/2020 09:15

How much cash do they have past? Also when us debt due?

[currypasty] 05/2/2020 09:09

mcap now only £10m surely their Duyung % will sell for more than that?

[laptop15] 05/2/2020 08:50

What's the cash situation here guys and what news flow can we expect?

[digger2779] 04/2/2020 16:12

The reason for the drop is me having bought some. people should pay me to stay away.
Agree though the share price is bonkers considering where it was before the spudding. EME suffering too. Just doesn't add up.

[stewart4990] 04/2/2020 15:58

I find the price drop here quite bizarre, they are waiting the estimate by Gaffney Cline in respect of Duyung which based on recent drilling should be excellent and should lead to a sale, also they put 10.5 million in so why it is down baffles me. I noted a few comments about the directors but to me people have simply got fed up of waiting, but its a big fall, also why would the directors take shares instead of cash

DYOR. IMHO.

[currypasty] 04/2/2020 15:15

1.4 mil at 1.4. That was a tidy dump. Is that it now?

[blueblood] 04/2/2020 07:20

Not bonus they have taken shares in lieu of salary. They aren't short of cash following Bula termination so is real vote of confidence for future imho!

[copestake] 04/2/2020 07:07

Share price at all time low and bonuses being dished out lol

[blueblood] 03/2/2020 15:40

Just need the reserves upgrade. It will come as soon as it's ready but shouldn't be long now.

[m5] 03/2/2020 14:03

I see Oil man Jim has stuck the boot in here. share price is a bit of a disaster.Really surprised its down here. Disappointing.

[stewart4990] 03/2/2020 11:14

Well glad I only bought a small amount of these, I'll just hang on, Duyung cannot be too far away.

[blueblood] 31/1/2020 08:58

Good sensible decision from BoD given issues and tie up of funds that can be better used elsewhere. Expect Duyung reserves upgrade shortly followed by sale and then fun with new projects backed by plenty of cash.

[steelwatch] 31/1/2020 07:07

Seems like a sensible decision to walk away and look for a better deal elsewhere.

[aimsurfer] 30/1/2020 12:29

Seems like someone has been dumping shares recently. Lots was on offer past few days but now can't buy much. Hopefully they are almost done?

[currypasty] 30/1/2020 12:19

1.6 to buy... whats going on ?

[ptgint] 29/1/2020 10:19

Perhaps there's a fear of a cash call to develop Duyong further ?

[stewart4990] 27/1/2020 16:42

I find it hard to believe how much this has fallen back especially with Duyung and an independent assessment of resources.