Member Info for parkeg1

How can the price drop when punters are paying full ask?
Makes no sense.

Maybe consider how long coal will be the high value asset it is right now and how that will impact the longevity of the company, I think we need to make the most of the current situation on the coal and bring the gold forwards in the background, because the gold will be the future of this company.

As per usual, you write lots but it has little content or connection to reality.

Using the figures from the off take agreement, it works out to $750,000 a month clear, $9m per year, those are financial facts and you didn't mention it.

Run along child, and if you do reply, give the I blocked that person garbage a rest, it just make you look weak minded and childish.

Using the figures from the off take agreement, it works out to $750,000 a month clear, $9m per year.

A good start and would self fund the gold project and scale up the coal operation.

Locked for 12 months.

Terms of Acquisition



Contango will acquire Ntiela for total consideration of approximately £750,000. This includes a cash consideration of €400,000 and the issue of 4,000,000 new Ordinary Shares in Contango at a price of 10 pence per share. The cash component will be paid in two instalments during 2021, whilst the shares will be issued during H2 2021 and will be subject to a 12-month lock up.

"The stock market is a device for transferring money from the impatient to the patient"
Warren buffett wasn't wrong.

Every few months someone comes along and rolls out this story.

Life must be very dull for some.

The RNS states wash plant is due in Q2 and is financed already, so presumably an update will be issued by end of next month.

Not sure where you've been but, delivering anything in a timely fashion in 2020/21 was a bit difficult.
Seems an unfair comment to me as restriction on movement in the country was majorly impacted.

Q2

https://www.lse.co.uk/rns/CGO/production-commences-lubu-coking-coal-project-hded0g8lkxrb396.html

Genesis

As usual your posts are factually incorrect but full of hints of unknown issue which are designed purely to create doubt.

As I have often said particularly to you, present your facts, with evidence and then sod off, you loiter with no facts.

*foolish

Very good topping up opportunity whilst those who don't do research but will listen to rumours, taking money from the fooling punters, they deserve it.

Genesis, are you saying the Zim government are badly run and if so, what makes you think that?
The coking coal sales when agreed will not be a local customer, so the Chinese should have no issue with being next door to the CGO mine as it makes no impact on their business. We are talking about a product sold around the globe at a relativelyfixed price. If the Chinese are concerned in any way they would simply buy CGO out but I see little reason for them to do.

On the 30th March the company said this.

"I have spent much of the second half of this month in South Africa and Zimbabwe and been able to meet potential off-takers. The demand is clear and with production start-up risk now drastically reduced I would anticipate being in a position to enter offtake contracts in the near term. As previously reported, we believe there is a good possibility any offtake contracts entered into for coking coal or coke would come with some form of funding, to be utilised in the roll out of the Lubu development."

I think you have taken parts of what the company has said and embellished it with your own opinion, you seem determined we believe every word you say but you forget, we can all read RNS posts. The RNS is where the facts are not in an embellished piece by you.
You talk about having the "begging bowl out", in place of entering negotiations.

I see COPL is taking a right pasting last couple of days, down about 30% since the financial released on 1st, April fools day.

Is he on drugs or something, so much nonsense with nothing to back up anything he says, maybe the idiot should do as I said last time.
If you have something to say, say it, provide evidence and then sod off.

But here he is, saying very little, hinting at issues without evidence and still hanging around, what a plum.

This is dated 2013, it's been posted numerous times before, so you can see what I meant by recycling news just to cause fake outrage and confusion.
It's almost 10 years ago and yet you still regurgitate it time and again, you just proved my point, well done and thank you.

Hahaha

This nonsense is like watching the US political scene, where the big talking points are revisited in circles endlessly. It's not that the points have any merit but it always causes fake outrage and confusion.

My advice is, if you have something to say, bring some kind of evidence, state your point and then sod off.
Recycling talking points just make you look stupid and desperate.

It would be a no brainer to take out a commercial loan to build a coke battery, this would complete the whole operation very quickly as the wash is already being constructed. You all seem to be talking about a single track and not looking at all options.