Member Info for Kiwi_

The PR companies and Neville Registrars are not directly involved in the deal, thats why I suggest getting in contact with the CGO Broker.

ElectricEeel, unfortunately that does not appear to be the case as per the readmissions document:

""CGH is to treat its ownership of Ordinary Shares in the Company passively and as an investment opportunity, rather than an operationally active shareholding". That means that they directly control the shares of CGH in CGO and not any individual CGH shareholders.

I strongly recommend you and all holders contact the Broker from CGO and demand answers as to the whereabouts of management of CGH and why they have not updated shareholders as to what their plan is.

In the first instance contact: Jonathan Evans Brandon Hill Capital Limited

Financial Adviser & Broker T: +44 (0)20 3463 5000

and posssibly try contact their PR also:

St Brides Partners Ltd

Financial PR & Investor Relations

Catherine Leftley/Cosima Akerman T: +44 (0)20 7236 1177

As stated CGO £10 Million market cap on readmission of which 64.3% will be owned bt CGH, however there is yet to be any form of communication from CGH to CGH shareholders.

They will be in production a lot faster than any other aim company that is hoping to produce coal, the question is how exactly will CGH holders be able to get their money back? There is still no response or plan by CGH towards shareholders

I wouldn't rule out a 20 to 30 Million market cap for CGO, that's just my opinion. If you thoroughly research Lubu and the admissions document you will see why

A lot of work on the horizon in a short time frame with a very small freefloat of shares in issue:

Directors 9.4%
CGH 63.4%
Monaf 6.6%
Jim Nominees 8.2%

The significant shareholders in CGH are: Holdings % Eriswell International Trading Inc 9.62% BXR Portfolio Limited 8.06% Lynchwood Nominees Limited 4.75% Nortrust Nominees Limited 4.52% Kilbane Limited 3.99% Barclayshare Nominees Limited 3.80% Hargreaves Lansdown (Nominees) Limited 3.64% Interactive Investor Services Nominees Limited 3.22% Hargreaves Lansdown (Nominees) Limited 2.94%

ACQUISITION AGREEMENT On 8 April 2019, the Company entered into a conditional purchase agreement (the “Acquisition Agreement”) with Someden, CGH and Monaf pursuant to which the Company agreed to acquire: l a 70% interest in Monaf from Someden; and l the benefit of debt receivables owed by Monaf to CGH in the aggregate amount of US$6,890,981; and; l mining data owned by CGH with regard to the Lubu Coalfield, for an aggregate consideration of £6,834,829.05 to be satisfied by the allotment to CGH of 128,849,961 Ordinary Shares at a price of £0.05 each (the “Consideration Shares”) plus cash payments of £392,331 ($487,500) in several installments from June 2019 to 5 May 2020, to enable it to progress works at the Lubu Coalfield pending satisfaction of the conditions precedent set out in the Acquisition Agreement which is refundable (potentially with interest) in the event the Acquisition does not unconditionally complete by, at the latest, 24 December 2020.

"Market capitalisation of the Company at the Placing Price on Readmission £10.15m". That equates to £6.34 Million so CGH shareholders so still very close to the transaction price when taking into account the advanced costs

Not quite, CGH are not the only shareholders and will only hold 63.4% of the shares in issue as per the prospectus. Still it is better than nothing.

"So far as the Company is aware, as at the LPD and immediately on Readmission, the following persons, directly or indirectly, had/will have a direct interest in the Company’s capital and Voting Rights which is notifiable under the Disclosure and Transparency Rules: Percentage of Number of issued share capital Shareholder Ordinary Shares on Readmission CGH 128,849,961 63.4% JIM Nominees Ltd 16,586,927 8.2%

Prior to Readmission, CGH does not hold any interest in the Company’s share capital nor Voting Rights. All of the Ordinary Shares shall rank pari passu in all respects."

£6,834,829 / 1,108,473,474 (Previous total number of shares in issue) = .61659 per share.

Price when shares were suspended = roughly .20p per share

There is a seller in the market at the moment, once he clears it should pick up again

Just doubled my holding as I suspect this may gap up in the morining as by end of today whatever jiggery pokery that has gone on should be done. Will add again tomorrow as funds clear

Probably make the weekend papers, quite a significant piece of national and global green energy news. This has a long way to go.

Try HL

The recent sell off was not to long ago, maybe the reality of the global economic future is starting to set in. I expect at some stage regardless of bailouts we will witness carnage on a scale not encountered since the 1930s

I hope you are all well, it's looking a bit wobbly on some of the Covid plays this morning.

investz, in case you forgot there is June and July also before August. I hope that helps pet ;)

investz, it's May 2020 fella. A lot can happen between now and August

mornington-oz, just add while you can I reckon mate. I certainly am