Member Info for Legowig

With the level of dumping of shares the last couple of months, I am surprised we haven't had a TR1 notification of reduced holdings. Still holding as I am sure it will turn, but so annoying.

Wow any lower and I'll be chucking everything at this, staggering. Getting back to were we were a year ago.

You would think it was a failed company with no prospectives the way the share price has acted, thatust be some distressed seller. Surely to god the selling must come to an end as it's been relentless.

taking the **** now.

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Investor PA, I couldn't agree more to your message at 12:10. A few of the new investors need to have a look through some of the previous RNS's. One particular one to get an idea of missed timelines is an RNS 18-Nov-21. Placing to fast track Lubu to production late Q12022 and install coke batteries Q42021. Needless to say there are plenty of examples, always given the benefit of doubt but Friday was the last straw, reduced holding by 70% for quite a loss. Other 30% kept in for the story to unfold. But lesson learnt to do more research on Directors, the list to avoid for me keeps increasing. Good luck to all long term holders who have had to endure the experience of being in this share and any new shareholders. Hope all comes good but I wouldn't be expecting it soon!

You beat me to it, up to 1.05/1.08. Good day tomorrow hopefully, that will be a nice change! Although to be fair it was well oversold.

Well there was a flurry of excitement for all of five minutes. Let's hope the momentum continues at some point tomorrow, fingers crossed, although it shouldn't need it at this price.

It's suddenly sprung into life.

Yep, absolutely barking.

I wouldn't be wasting it on the cake, I'd be drinking it. I cannot believe this has been sold down to this level.

Held for three years, it's been painful, so I hope I will be well rewarded.

Abstract from the Annual Report and Financial Statements For the year ended 31 May 2023 (see website 29th September 2023) regarding the Garalo-Ntiela Gold Project (‘Garalo-Ntiela’)

The board anticipates that this focus on the Muchesu Project will continue over the coming 24 months as Contango works to develop, and expand, a fully integrated coking operation. In addition, the current uncertainty in Mali relating to the new mining code has prompted the board to make the prudent decision to fully impair the Mali assets at this moment in time. Notwithstanding this, the Malian assets remain significant and an interesting gold project, with the strong potential for a resource of 1.8Moz-2Moz gold. The board will look to maximise the value of these assets at the appropriate time through discussions with relevant interested parties.

Impairment - in accounting this is a permanent reduction in the value of a company asset. It may be a fixed asset or an intangible asset.

This would suggest to me that this has just been parked up for now and assigned no value, rather than disposed of?

Yep only another 40p to go to break even.

I thought that for Pure Gold, as Sprott was heavily involved and that went belly up. Lost a lot through that one and that was touted as Canada's next tier 1 gold mine I believe.

Seller in the background, still to report?

Out of hours trades at 7.90. Two ordinary and one UT. Should be an interesting Monday. Have a good weekend all.

Just read Top Tigers post a few times, and it doesn't appear that he is pumping ALL. I think he is just highlighting it as a comparison. He hasn't posted about ALL previously.

A very happy holder of ATM, we will rerate eventually.

Would top myself but already did that twice in the low 8's following my original entry at 9p. Looking forward to the presentation tomorrow for direction and hopefully some appreciation to the share price. Also, surely this seller must be on fumes now, as it's been on-going for a couple of months now.

LOL absolutely staggering, hopefully should rise in the coming days and following presentation. Now income generating, a clear plan can be put into place for infill drilling.

Not too sure where you have got that a financial decision will be made by the 20th June, as I have just gone through the Companies RNS's and tweets and I unable to find any specific information relating to this. The AGM is on the 20th June 2023. They have just received 280,090 euros, being the return of the performance bond as per the RNS on 30 May 2023. Please could you provide a source for your information.