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Bringing the. N. H. S. To it knees
At below £5m market cap here. When GSA lands this quarter, expect a multi-bagger from these levels.
Share price now moving back up. Won't be surprised if it closes up today. Basement prices here.
More in the drop taken! Undervalued and unfounded rumours. Read the RNS their is sufficient cash in the bank.
What misinformation?
As said previously why would they need a placing when they have already got some cash received 1.5m and will get the remainder on completion.
looks like a bit of unfounded scaremongering going on here.
I am pleased with the operational progress that Coro has made over the course of 2022 and the first quarter of this year the chair person says?
Well I’m not, seems anything Parsons is involved in goes south.
could it be ****stan after all??
Bullishbearish: it's called misinformation ...
They say in todays RNs the sale of the Italian asset .
The funds received from the sale of the assets will be used to meet the Duyung PSC pre FID expenditure, progress the Company's renewable portfolio and provide working capital.
so why would they need to do a placing?
Bunsenburner your mad! do they even cover wages!?
"The Company's Luxembourg listed EUR 22.5m Eurobond secured notes
were restructured in 2022 and now mature in April 2024"
tick tock tick tock. 11 months :-o
0.10p if they're lucky. Certainly stinks of it today.
Is it coming ?
Be careful
Cash generative with a massive blue sky catalyst in the making gas field sale
Baz Reader - did you read the RNS?! This is a multi bagger over the next few week’s my friend
No mention of cash position, cue the expected placing
I’m of the mind don’t touch anything Parsons is involved with?
I’ve been warned off this share due to imminent dilution
He'll be out safely after the pump. Everything he ramps collapses like UJO. People desperate today selling under the bid price. They'll run out of cash soon I suspect. All these pumpers are the same pick a low cap AIM stock linked to oil then tantalise private investors with a potential drill. That dumb they don't realise a succesful well drill is abut $25m. Suckers!
Name me one share that as shot to the moon recommend by that guerrilla investor guy?
Balochistan was just used as 'the pump'. You wouldn't do business in Pstan if you had an eighth of a brain. That's why it is a poor country and with no oil! Coro really is one of the worst AIM stocks and that is some fete! Gravy train company, avoid!
It was waiting for Parsons and his team of experts to seize the opportunity so they can keep their gravy train rolling along. By the time the Duyung GSA is signed they will effectively have given the proceeds away to pay off the loan notes. Once that is done then they will need another "asset" to develop and of course it will need funding. Who better than Lombard to fund the new venture with the usual draconian pay back clauses.
If anyone believes this Balochistan story I ask, why was it not developed during the oil boom years instead of in an era when we are reducing fossil fuel usage?
Just treat this one as a little flutter on the Grand National, about 1/2% of your portfolio maybe less.
EOA was pumping another oil horror one like this (TRP) that has just fallen 55%!
These absolute dog oil stocks have to be avoided like the plague if you want to stay afloat in this market. CORO hardly worth anything, it is class A junk like TRP. Just listed to feed directors salaries.
Thanks, I had a look on the website. I wouldn't read anything into it personally, 4 of the 5 companies under 'Latest Research' (which goes back 6 months) they say exactly the same thing as they do for Coro, ie. stopping coverage, seems like an Align thing rather than a Coro thing to me.
Https://www.alignresearch.co.uk/cpt-company/coro-energy/
Thoughts anyone?