Member Info for panman

For clarity I would comment that the fact that's the only issue you have with my post shows you have reservations too.

RE: Great RNS and nice to see comment from TransOreToday 07:32

Plus this

' is intended to complement the expected offtake arrangements being finalised with the global multi-national company ("MNC"), which is expected to complete its due diligence shortly.'

Don't believe you should rely on the above. "Complement" means nothing to these people.

24th May 2023

This includes the Company's potential Strategic Partner under a Memorandum of Understanding and COMPLEMENTS Contango's existing offtake for 10,000t a month of washed coal. All coking coal produced, including coal dispatched as samples, will be sold at factory gate, with the current MMCZ price still set at US$120 per tonne. The Company expects to announce the first sales of washed coking coal in June 2023.

For clarity none of the above happened and the offtakes existence was apparently denied by A to Z.

If they get another 64% rise in revenue this coming year whilst building up the b.grn side of the business I'll be happy enough.

Would like to see more frequent newsflow to keep the market interested but guess they can only rns news as it happens.

LOL @theplonker..

"Based on a thorough analysis of the stock's performance over the past three to four years and an extensive review of relevant information, it becomes apparent that the stock has exhibited a noticeable pattern"

Based on a thorough analysis of your post and an extensive review of relevant information, it becomes apparent that you have your thesaurus lodged right up your jacksy.

Listened to the interview again and yes clearly stated that if any of the 5 orders came in then each of them had the potential to exceed last years revenue of £300k and they've announced 1 and probably the 2nd to come in.

Caveat is there's not a lot of interest in the co. so investment should they come good rather than tradeable spike imo.

Seems they have two of them at least and if they were each gamechangers for the co as per the latest interview?

Not sure what I think of the Polish news. They were bigging up the facility but if Europes on fire with the migrant riots et al maybe best for them to stay uk based and keep their cash in their pockets.

Thats absolute dribble penstock. The preseidential visit is simply theatre. These have no offtakers just dodgy mou's with completely un named partners and the A to Z RNS's have been shown to be lies even last months rns where the other offtakes were to "compliment" the 10k tonnes per month starting in june.

prediction- There'll be no sales this year at all just placings should they manage to scam the share price up.

Ermm it was washed coking coal that a to z were going to buy at the gate not washed coal and the funds are very much needed.

Whatever way you look at it this is a very big letdown from carl imo..

"Following a detailed recent review of the composition and quality of the coking coal at Lubu, AtoZ has entered into an agreement to purchase 10,000 metric tons per month (mt/m) of washed coking coal produced at Lubu, at the prevailing MMCZ market price, currently $120 per mt. The MMCZ market price is a minimum price prescribed by the Minerals Marketing Corporation of Zimbabwe (MMCZ)."

Have they? These still had to have an emergency placing recently and neither of their recent wells have been successful yet.

1.7B shares gives them a cap of just under £64M at 3.75p, perhaps that's fair value til they have a successful flowtest at paradox?

I emailed AST the other day about this and got a very curt though rapid reply..

"Many thanks for your email and support.

As you rightly point out, in the RNS of 30 May the Company announced that the arbitration hearing was now in mid-June. The result of which is expected to be known shortly and further announcements will be made at the appropriate time."

Well whoever they are they knew a lot more about sales and the lack of than the market.

Can we read these emails anywhere other than telegram?

"Whether you believe it or not RNS are for facts relating to a company"

thats good as they have 8 days left to prove you correct....

" This includes the Company's potential Strategic Partner under a Memorandum of Understanding and complements Contango's existing offtake for 10,000t a month of washed coal. All coking coal produced, including coal dispatched as samples, will be sold at factory gate, with the current MMCZ price still set at US$120 per tonne. The Company expects to announce the first sales of washed coking coal in June 2023."

That would be a blow. Carl does have a colourful past and the gold play reversal from about to go into production to doing stuff all happened overnight and without any really believable reason.

Still hope they diss the rumour with an A to Z has taken delivery RNS but loins girded ready for disappointment.

From today..

https://www.youtube.com/watch?v=j5rbpIw7Ujc

Agree, thanks for all the updates pen, here and on the "other site." Been really good to have decent quality research. Would say if you made an error it was forgetting that no good deed goes unpunished.

Took just a few this morning, metcoals lifted slightly again and everyone's so gloomy re the share price. Hard to say no to buy signals like that.

ATB all.

Thats a very good report barwickman imo. Great to see the locals are so happy with the way the mine has been developed and that they're being involved in its growth.

Treat the people like this and they should have a bright future in the country.

Sounds a "bit dodgy" as del may have said.

"Despite our continuing efforts and the High Court Judgement in our favour, we have not, as at the date of this letter being published, completed the settlement of the historic claims. This remains our expectation, but as time moves on we need to plan accordingly."

Thats fair comment. Out of the frying pan and all that.

Think AST need to both win the upcoming court case and demonstrate to amur holders that their ESG Metals project pipeline in LATAM is actually worth being a part of.

"Ascent's vision is that Ascent and Amur would combine to form a larger, well funded and more liquid, entity combining Amur's cash (post the recently announced asset sale and subsequent dividend) with Ascent's ESG Metals project pipeline in LATAM, which typically have low geological risk and near term and sustainable cashflow"

Didn't realise that about IG. Have voted no to dimmock with just over 1m shares, believe I voted no to the others as well but unsure on that one.

Not too happy with the feeling my vote may not have counted though, beginning to think the only good point about IG is their charts.

Hope we get an update on ops soon and that something happened on the ground.

atb all.