Member Info for Loz786

Agree, good risk/reward here.
Took another small position here, let's see where we are tomorrow :-)

Cheers mymy and courtier.
Just a waiting game now and expect us to be drilling Mako by end of Sept.

Thanks Courtier, much appreciated.

Hopefully, as we get nearer to Sept we should expect much more PR onwards too :-)

Drilling in September hopefully, so expect things to start moving from August.
Buy while it's quiet imo

Disappointed with the raise but was kind of expecting it, so no surprises there.
When will they look to re enter 103?

Like I said, support around these levels and hence buy low 2's and sell in 3's in few months time for a 50% gain imo

Coro will come good and it's only a few months wait till Sept.
Support around these low 2p levels.
Buy and hold imo

Personally, expecting 70 plus easily, especially if they still L2 first.
Expecting PR to pick and they'll be appearing at the oil conference in another 7 trading days or so :-)

https://twitter.com/sadaatumar/status/1139929678700040192?s=19

Nice BLUE, continue to add till we get ready for the real move.

I think we are looking at a month max at this range and expect peeps to start taking their positions for the September drill very soon.
Buy, while it's quiet, as i expect this to be 3p plus in 3 months time imo.

The drillship is expected to reach Eco's Orinduik Block on or around 24 June 2019 and spud the Jethro Lobe prospect offshore Guyana on or around 26 June 2019

Should be excited 5-6 weeks here imo.

https://twitter.com/sadaatumar/status/1137850866881519622?s=19

Exactly, finally funded but no frills for atleast year?

https://twitter.com/sadaatumar/status/1135549257556090880?s=19

**************************************/articles/i3-energy-eurasia-mining-and-malcy-on-oil-gas-stocks-9f7e99b/

Great news all arounf and well done BOD.
Market has got the assurance that it needed.
Matd has just gone up by 50% just within a fortnight and yet further to go, so i wouldn't be surprised if we are sitting in 70's pre spud imo.
Expect PR to follow too and they will be also attending the Oil Conference on 25th.

Can buy on iii, just got a quote for 12.5 for £10k.

Came through after market closed.

Coro Energy plc

("Coro Energy" or the "Company")

Previously Intended Open Offer

Coro Energy, the Southeast Asian focused oil and gas company, previously announced on 16 February 2018 that it intended, following completion of a placing of and subscription for new ordinary shares to raise approximately £14 million at a price of 4.38 pence per ordinary share (the "Placing and Subscription"), to offer qualifying shareholders with the opportunity to subscribe for new ordinary shares at the same 4.38 pence per ordinary share price as was available to investors under the Placing and Subscription in an intended open offer of up to £2 million in 2018 (the "Previously Intended Open Offer").

The Previously Intended Open Offer was not required by the Company to fund operations but was instead intended to provide qualifying shareholders with the opportunity to subscribe for additional ordinary shares at the same price as was available to investors under the Placing and Subscription.

The Company's ordinary shares have, since completion of the Placing and Subscription, traded below the price at which the Previously Intended Open Offer was to be launched and the Directors do not therefore believe that it would be a productive use of Company funds to proceed with an open offer at a premium to the prevailing share price at the current time. As a result, the Company no longer intends to proceed with the Previously Intended Open Offer.