Member Info for EarlofAim

genuinely 'don't want to be out of this over the weekend'

https://amp.abc.net.au/article/100486198?__twitter_impression=true

price of Coke coal is going through the roof
$400-$500 per tonne.
Chinese steel makers needs to find alternative source such as Contango.

Could this be the last weekend before news?

if news comes next week, then 25p will be history

China’s Coal Miners Told to Produce Even If They’re Over Quotas

-Top leaders order energy firms to secure supplies at all costs

-Coal-based generators produce over 70% of electricity in China

https://www.bloomberg.com/news/articles/2021-10-01/china-s-coal-miners-told-to-produce-even-if-they-re-over-quotas?utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business&utm_medium=social&utm_source=twitter

-China’s Coal Miners Told to Produce Even If They’re Over Quotas

-Top leaders order energy firms to secure supplies at all costs

-Coal-based generators produce over 70% of electricity in China

-China’s leadership has told the country’s state-owned miners to produce coal at full capacity for the rest of the year even if they exceed annual quota limits as they struggle with the deepening power crisis.

from rns
Contango Holdings Plc, the London listed natural resource development company, notes the recent share price movement and press commentary with respect to a potential offtake deal with Afrochine, the Zimbabwean subsidiary of Tsingshan Group. Non-Disclosure Agreements limit Contango's ability to directly comment on individual discussions but the Company can confirm it is in discussions with two of the largest stainless-steel producers in the world, as well as several other interested parties, and expects to be in a position to provide a full update in the near term.

Zimbabwe is East of Africa, just one country to Indian Ocean.
not Middle of Africa.

beside the point, China can buy then supply to Africa nations.

Read what's going on in India

https://www.reuters.com/world/india/india-coal-crisis-brews-power-demand-surges-record-global-prices-bite-2021-10-01/

China with it's enormous GDP needs to step up and secure this coal supply, Another populous country is running around is India

India like China looking to secure coal as its coal is depressed

could China State owned coal company comes up with a Take over offer?

if so CGO are looking north of £5 Billion, yep, look at the resource sovr
CGO NI43-101 total resource of 2.6bn tonnes coal with 600million tons of Coking Coal.

Coal per tonne c$210

2.6B X $210 = $546 Billion ??

Not taking Coking Coal which has Higher price

Mcap £17M

China low on coal

#CGO NI43-101 total resource of 2.6bn tonnes coal with 600million tons of Coking Coal.

Coal per tonne c$210

2.6B X $210 = $546 Billion ??

Not taking Coking Coal which has Higher price

China low on coal

5p looks easy when New experience Board comes on.

Shell is £3M
#Grit £600k Mcap

that's few bags in here soon

Chairman's statement

I'm pleased to report that the Company has concluded its preparations for its re-launch as a natural resources investment trust. As soon as the formalities have been completed, two of the principal participants in the latest round of funding, Malcolm Burne and Richard Lockwood, both of whom are veteran fund managers, with exceptional records in the natural resources sector, will join the Board.

Chairman's statement

I'm pleased to report that the Company has concluded its preparations for its re-launch as a natural resources investment trust. As soon as the formalities have been completed, two of the principal participants in the latest round of funding, Malcolm Burne and Richard Lockwood, both of whom are veteran fund managers, with exceptional records in the natural resources sector, will join the Board.

Read the rns

disappointed with the growth, bottom drawer this

can only hope next results to be much better.

Nothing wrong buying just before the News as potential was given on recent Rns.

All the heads up was given, whoever not invested that's tough luck, All the indicators were there.
Directors bought still PI not taking #CGO seriously

RNS on off take and this goes to 25p

@ContangoPlc
All the heads up was given, whoever not invested that's tough luck, All the indicators were there.
Directors bought still PI not taking #CGO seriously

RNS on off take and this goes to 25p

China Relationship in Zimbabwe looks very good.

Chinese Embassy in Zimbabwe

Chinese Embassy in Zimbabwe and tweeted.

progressing well

https://twitter.com/ChineseZimbabwe/status/1443518425503092736?s=19