Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Oh yes spiked, considering the share price is at all time low in 3 years. Good grief where do you come out with nonsense like this. The share is massively undervalued. Maybe try working out what coro share in duyung will be worth to them!! Give you a clue it’ll be a lot higher than 1p…
Some very negative and some very positive here. I am somewhere in the middle. In theory, Duyong should be transformational at this price. Could see whole pence. But this is aim, no one knows for sure, you have to make you own call.
This is going to multibag
Perhaps because Conrad Asia said that it would be completed this quarter.
✅6m € to coro for italy sale
✅7.5m € to coro / bezzecca claim
✅gas takeoff agreement for duyung
✅40-50m $ for coro / sale of duyung
✅1.1 trillion cubic feet gas / 166m barrels oil - ****stan jv
How does new look imminent? Because its risen a bit the past few days? Like its done countless times before with no outcome?
Good on them make a few quid off mug PIs!!
Any old garbage can get a pump if the market cap is low enough.
Well the increase of volume suggest`s something is rumbling away in the background , let`s hope it`s good.
Coro on the way to .4p before any news lands. Ridiculously undervalued and now news on the GSA looks imminent. Which should take this closer to 1p
Check the 14.24 trade and type . That’s the signal
Digger that was retail selling. It’s all been cleared looking at the book. Few more buys and this should be back to blue. Let’s not forget this is the month of GSA.
Can't see it turning blue today to be honest. For all we know that 12 million dump was one of the note holders, bearing in mind they will want a lower sp come the end of this month which is the quarterly 10% giveaway of shares in lieu of interest. Hopefully someone will challenge Parsons at the AGM on 20th June about this. I can't go as I live in Spain and I have to find 2.5k to pay the Spanish Taxman on my pension. One of the drawbacks of living in Spain is lower personal allowances and higher rate of tax. Used to pay £750 back in blighty but there again it's worth it to be over here.
Buys coming in seemed earlier forced seller. Watch this finish blue
The positive thing is this GSA is out of PARSONS hands. So no need to worry. I’m sure Conrad are more than capable of getting it over the line.
I’d be happier & more confident if Parsons wasn’t running the show, seems everything he touches turns to dust?
GSA to land this month as per Conrad Asia presentations. Great opportunity to be buying at these levels. As when GSA lands this will be heading to 1p. Just a sentiment shift required, which will be provided by the GSA. Watch this space- time to buy and build positions is now.
Https://hotcopper.com.au/threads/ann-agm-address-by-the-chairman-and-ceo.7408462/
CONRAD AGM SUMMARY OUT
Following government approval, we advanced with FEED or Front-End Engineering Design studies for the Mako project. Three
separate FEED studies were initiated for the processing facilities for the Mobile Offshore Production Unit; the Subsea
Umbilicals, Risers and Flowlines; and for the Conductor Support Frame. A geophysical survey has commenced to identify any
seabed and near seabed hazards and to fine-tune the pipeline route and proposed development well locations. The FEED
studies and surveys are on track to be completed in the coming weeks. A geotechnical survey program including boreholes at
the surface facilities and well locations will commence next month to provide important information on soil conditions for
drilling rig and surface facilities stability. Once these strands of work have been integrated, a procurement process will take
place for major items of project equipment. This will support the Final Investment Decision for the project that is expected in
the second half of the year.
The process to acquire environmental approvals for development continues. The Indonesian government requires certain
environmental permits for any company to conduct drilling or construction activities within the country. Baseline surveys are
planned to be commence soon and we are targeting to complete the approval process by the third quarter.
Gas sales agreement or GSA negotiations have been a particular focus of Conrad’s Board and management. Advanced tripartite
discussions between the Company, a Singapore gas buyer, and the Indonesia regulator, SKK Migas are nearing conclusion, with
key terms expected to be finalised this quarter. Our objective is to then complete a definitive GSA following that agreement.
How significant are these negotiations? They are crucial as they allow the Company to take advantage of an improved and
favourable pricing environment given strong worldwide gas demand.
As I mentioned earlier, Conrad engaged a global investment bank to lead a farm-down process for the divestment of a portion
of Conrad’s interest in the Duyung Production Sharing Contract. The process is ongoing and has drawn the interest of several
upstream parties. This positive sentiment underscores the merit of our strategy.
Not seen big buys on CORO for many months
could see a big Rns this week.
fingers crossed
Suddenly some big buys This morning
I have been buying more today. A complete no brainer at these levels…
You cant buy a single share … big orders incoming
Volume returning, a big run from these prices over the coming weeks. I have a 1p target here in short term. Let’s see
Nice
Https://twitter.com/conrad_asia_/status/1661256498545057792?s=46&t=8fk4EEkio8-pEqwm4E0qhg
Love the Italian assets, spent a lot of time with their geologist, think Parsons is a barrow boy.
Best of luck.