From Dan da Dan!19 Feb 2019 13:32
Yesterday those that had been made inside on the Coro Energy (LON: CORO) placing were 'cleansed' Mirabaud, Company and Nomad emails went out enmasse and the CEO bought a handful of confetti which means that Coro have, after being exposed on here, done an Angus Energy (LON: ANGS), delayed and walked back their placing and we all know what happened there, which will happen here. Coro will try to puff up their SP then when the coast is clear they'll drop their Placing. It's a ticking placing bomb on the heads of those daft enough to suck up the guff. Hence why the 5 day 'silence of the gullible' was broken by a plethora of corporate denials, but you can, like Angus, only delay the inevitable for so long. The cash position is woeful. Their balance sheet reveals the two 'fundamental' truths. The shine of my good com padre, James Parsons has some what dulled and £14M has all but gone.......