RE: Some decent buying this morning1 May 2023 15:06
Pfffttt....I'm sure our benevolent leader called 30p within 12 months?!
Contango Holdings Plc, the London listed natural resource development company, is pleased to provide an update on its Lubu Coal Project in Zimbabwe ("Lubu") ahead of scheduled first coking coal production and sales by the end of Q1 2023.
We've had two more feeds since this was posted, and neither of them are even close. the equipment is stuck off site, nothing has been completed.
If you're not already in, (which I am, and trapped), I'd avoid this basket case like the plague. Don't listen to the hype!
The same 10p+ posters will be selling at 6p+ , so good luck baby-sitting the stock you end up holding, whilst the P n D crew move onto the next one. Usual caveats etc.