Curzon Energy Share Discussion Threads

[tomboyb] 13/3/2019 09:24

That is correct -

Quite a bit has been spent on infrastructure but not quite sure the expertise was there hence to re-ignite potential looking for farm-out of Coos bay -

SP ANGEL has a 23p target set on 5th March -

Shareprophets had a target of 17p or 37p last year -

2nd point should also generate interest with Pared energy for multi-tcf project

[purple11] 13/3/2019 09:14

That be the case.

looks cheap to me. damn cheap.

$37m spent on coos bay infrastructure....that will obviously attract a partner.

this could v easily trade at 4 or 5p right now.

[tomboyb] 13/3/2019 09:12

Yep -

2 points to note -

1. Farming out Coos Bay
2. MOU with Pared Energy on a multi-TCF onshore natural gas project in Texas

[purple11] 13/3/2019 08:37

optimum forward plan...that would be the farmout then....

wont be anywhere near a 1m cap then will it...

[tomboyb] 13/3/2019 08:34

Shareprophets i think had a 37p target last year -

23p target broker note was out i think 5th march this year -

[purple11] 13/3/2019 08:22

23p broker target...

[purple11] 13/3/2019 08:21

some people know what theyre doing

lapping em up at full ask...

[apfindley] 13/3/2019 07:31

This company has almost no cash, and recently raised a tiddly ammount, and has taken loan note funding....thats a very bad sign. Loan note funding is down the path of a death spiral..

[tomboyb] 12/3/2019 13:50

From LSE website -

New BROKER note 1.4p V 23p target5 Mar '19[...]

News In Brief
Curzon Energy*

(LON:CZN) – 1.30p

$24.3mm (23p)

Transaction Reignites Potential

The Company has disclosed that it has completed a placement and secured access to its agreed credit line to support its proposed transaction with Pared Energy.

This provides the Company with optionality to pursue the best structure possible to generate value for shareholders, which will also necessarily include farming out the Coos Bay assets.

While we await more information on the proposed transaction, we are reiterating our $24.3mm (23p) valuation, which is based solely on its Coos Bay asset.

[tomboyb] 07/3/2019 13:54

Purple -

With the recent broker note target of 23p FOR curzon i would be punting much more but heavily tied up in a few stocks principally PHD -

[purple11] 07/3/2019 13:36

someones piled in with £95

looking for a cool grand return no doubt.

[tomboyb] 05/3/2019 15:45

100k left at 1.38p -

next move up is to 1.48p -

Irrelevant really considering the potential upside here -

[tomboyb] 05/3/2019 13:12

So quite attractive at 1p -

What they need is a JV for Coo's Bay -

And new CEO indicated more news the Multi-TCF project and final stages of acquiring or % stake -

[tomboyb] 05/3/2019 13:06

Historic Spend at COO's Bay alone has been $37million building pipelines etc -

So its a fairly big project hence the target price set by share price angel to 23p on 1st March this year - !

[purple11] 05/3/2019 13:00

well ive taken 100k at 1.35 gl

[tomboyb] 05/3/2019 12:53

Shareprophets did have a 17p or 37p target on CZN last year -

So at 1p it seems quite attractive -

[tomboyb] 05/3/2019 12:48

1st March share price Angel have given a 23p target for COO's Bay only -

Against a backdrop share price of 1.35p -

Incidentally only 150k left at 1.35p thats it then 1.49p -

[tomboyb] 05/3/2019 12:46

Big difference -

YA in from beginning -

15% free float with all held from 10p per share -

Buying is at 1p not 10p -

A JV for Coo's would be huge -

In addition to MUTLI-TCF opp with Pared Energy -

New CEO but he is on twitter -

[letmepass] 05/3/2019 12:36

Loan notes, riverfort and YA global. Wouldn't touch this

[tomboyb] 05/3/2019 10:10

The Coos Bay asset has historical positive test data; 86 to 419 BCF of contingent resources and up to 1,000 BCF of CBM gas in-place. The previous operator has spent C. $37m to date and has drilled 5 wells and laid 4 miles of pipeline running from these 5 wells, located within 15 metres of the regional pipeline. The project offers other advantages including a 16 year gas price premium to henry hub, and a large LNG terminal in the planning phase nearby.

The Company has also announced an MOU with Pared Energy to jointly develop a Texas based gas project. In Texas the Company is working with the team at Pared to prepare for the drilling of appraisal wells to test the application of modern drilling and completion technologies to under exploited and proven reservoirs. The essential thesis here is the application of new technologies to "old" producing areas, with the prize being of multi-TCF size and the ability to scale up this appraisal plan greatly upon successful results.

A move into LNG space with both -

see interview with ceo -

The Directors believe that the Coos Bay CBM project along with the Pared Energy Texas project offer investors a unique proposition with direct exposure to the burgeoning US natural gas production and export revolutions.

Current Market cap is 1.0million -

FYI

[tomboyb] 05/3/2019 09:34

No interest at the moment but give it some time as i reckon this could be much higher -

1.35p v a multiple target for coos bay alone -

[tomboyb] 05/3/2019 09:29

www.proactiveinvestors.co.uk/companies/stocktube/12417/curzon-energy-ready-to-move-into-action-phase-as-new-ceo-looks-forward-12417.html

new Interview out -

No the CEO looks like he will be looking to increase newsflow -