Member Info for Carpking

This is quickly turning into my dog. No updates due until at least mid Jan on Q4. April until full year. Still loads of shorts in play regardless of the .5 upward notifications, and regardless of the posters on here.
MM needs to toe the line, or make an offer. He’s a proper dummy spitter.

The bid and ask prices were the last ones on the table at 4.30 when the market closed. The share price has altered according to the trades put through between 4.30 and 5pm. It doesn’t really matter as with the pre open pricing it should (May) give a reflection of forward price action. That’s why holders get miffed when the UT after 4.30 is usually a big sell which may send it red on open.
Unless anyone can correct me? That’s as I understand it?

That’s why there’s negativity! Delays again!!!
Also, the 10k ton offtake agreement if it ever happens won’t make a penny until the debt is paid. We’ll only be producing around 22k ish at best beyond that, and it sounds like we’ll be on another agreement to pay off the coking batteries (if they ever happen). Profits sometime around Q4 2024. As soon as I break even I’m off!

With our Lubu coking coal project in Zimbabwe remaining on track for first production at the end of the current quarter, it is a very exciting period for Contango and I look forward to updating the market on both projects due course."
This from last February. Also, last years finals stated we would be producing AU in 2022. Any idea how much we made from gold this year?

Tells a story.

Anyone know what all these tiny buys are about? Is it so we go blue then we can go red by close?

Obfuscation at its best. I ain’t selling at a loss, but I’m bloody angry.

Quelle surprise! What a load of tosh. He’s exaggerated the start date again to raise more cash. Terrible update. We all could be using funds elsewhere whilst we wait for production. !?@@#€#

Another £500k UT then they throw some little bits in just for balance. I’ve never shorted in my life, but I’m bloody tempted with this one.

The UT will take us to 7% down.

Just had a read of last years finals. Looks like it’s taken a twelve months longer than it should have done. I like the mention of the Chinese and biggest steel producers, let’s hope they’re done with tyre kicking and have actually bought the bloody car at last! I can understand why there’s a lack of interest here with the delays.

Just pants. From 32 to high 70’s and now trickling away back down. Where’s bottom this time? 20’s?

I agree. I’m thinking that will be the only thing to push us into the 80’s. Another TR1. Failing that, it’s floundering until February.

0.5%, which lets face it, is a lot. Listed as a UT after cop. Crooked as it comes. Mind, I doubt the Qatars or MM are bothered, at this rate the offer will be in in double figures rather than triple! (Angry face).

With a spread so tight this is being traded to enth degree! I’m not even sure if there are any diamond hands out there, but someone is doing well.
Come on M give the SP a boost. Qatar May as well fund a buy out, they’re pants at football!

Trades seem fairly balanced, lets hope there's no big UT after COP, and we see a similar play into weekend.

Question: How have we received "multiple expressions of interest" in our Lancaster acreage, when the incumbent company (HUR) cannot clear drilling permission from the regulator for a new well?
TBF, it doesn't say anything of the sort. That's just the way you've interpreted the statement. The expressions of interest may just be a gamble on what we already have. At 12p a share, the buyers can make money on what we have left very easily.
My only concern is that as the board have no skin in the game, what will they personally benefit from the sale? You'd have thought someone buying would want to clear the decks at upper management?

Don’t get me started Gaza! I’m already banned from FB!:-))

Depends how long you want to hold. Long term could go 20/30p. My target was 12/16p now revised due to dilution to 9/11p.

Still, a lot more activity than usual.