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BEN is holding up well taking in consideration the carnage of the last week. Couple more stable sessions then we should going north and if Adam can give us a positive update on permits, production etc then we will be flying.
Patient make money and impatient lose money. This is a absolute steel at this price. 7/8 trains full of coal by sept/oct and dividends by early Jan 2023.
DYOR
On good authority all the big boys who were highly leveraged have now sold out. The last batch was 800k shares. Smooth ride now boys, im happy i topped up at 42p with 22k shares bought my average down.
This will be minimum £1+ when 7 trains will be going out full of coal by September. All the fundamentals are unchanged, pay no attention to the scaremongers who are shorting and want your shares, buy the dip i don't think we will see these prices again.
DYOR
https://total-market-solutions.com/2022/06/contango-holdings-plc-june-2022/
For all new investors, have a listen to carl CEO of CGO talking about more offtake agreements and positive news on GOLD. More news to come in the coming months
This is running in the same direction BEN was going in, constantly steadily going up and up in each trading session. Few more off take agreements with the coal and some positive news on the gold which Carl indicated to in his interview CGO could end up over 50-60p end of year. Exciting times investing in CGO. DYOR
7p paid, this should be minimum 10p now and end of year minimum is18-20p but if we get more offtake agreements then sky is the limit. If you have missed out on BENS CREEK then don't make the same mistake twice, CGO is no doubt a multi bagger, by the end of year this could 4,5,6 or 7 times this price.
Looks like we gonna have a good run today towards 7p, way undervalued should be minimum 10p now, rumours on twitter that a offtake agreement is in the pipeline with a local Chinese steel company. Few more offtake agreements then this should shoot to 30-40p range end of year, great investment opportunity and a multi bagger in the making for sure.
Have a look on twitter (cannot post links on here), just type in #cgo
DYOR
Ive invested in BEN and CGO, both are great investment at different stages and both are undervalued.
CGO should be minimum 9-10p, in a couple of months time when production starts we will all regret the fact we didn't buy more at this rate. This will be a multib bagger by the end of year, end of December 2022 this should be between 18p to 25p.
THIS IS THE NEXT BEN IN THE MAKING AND BIGGER. Dont take my word for it, listen to Carl interviews and always do your own DYOR.
Great interview by carl, more offtake agreements in the pipeline, could be a busy few months (RNS's) and lets not forget the Gold. This is a multi bagger in the making, 5p is ridiculously cheap.
Now the weak hands are out of the way, this should easily go back to 80p and onwards. This is a great investment for long term holders, in a 12 month period this should triple from here as Penstock has explained. DYOR