Member Info for pawnsacrifice

Looks like bottom fishing and FOMO on these low prices to me so far.
Are these leaky at news time?

Thats only because the bears want back in and its difficult to get a good price. Always seem to want you to pay outside the split. (IG do anyhows)

Makes sense, one hell of a convenient and quick test.

Did come across as a bit of a strange post after these getting eu cert. 17 minutes for a test has to be the gold standard surely?

Saw the placing rns yesterday and thought oops then saw the price and was well chuffed. Great that they so easily got added investment at this level.
If they're happy buying I'm happy holding.

Sounds like he's sugar coating the fact he's having to go for VWAP placings now for working capital.

"The Company plans to use the funds derived from the Loan Agreement to finance certain potential near-term acquisitions in Tunisia and beyond, as well as to strengthen our working capital position."

Markdown looks a bit harsh with all the buying. Any large sellers in the wings or just market conditions?

Just a reminder, lets hope they have something interesting to say.
Notice of Final Results
Contango Holdings PLC ("Contango", the "Company") is pleased to note that the Company is scheduled to release its final audited results for the year ended 31 May 2021 by 30 November 2021 in accordance with the FCA reporting timelines.

Just catching up but revenue of £19.3m for the nine months and marketcap of £20m seems a bit of an anomaly.

Thanks for the update PDR. Just having a looksee as the selling seems to have dried up. The other sites showing no trades at all since 11.52 so hardly a rout.

Agreed, think he gave a good interview. Notice that even with the market having tanked this morning once peeps had a chance to make their morning coffee and sit down to listen to the interview the buying started. Bodes well imo.

“Now that we’ve done the raise, the offtakers know that we don’t need their money. So maybe offtakers will be a little bit more keen to sign something that’s a bit more on economic terms rather than trying to squeeze us for every last cent.”

That explains a lot. Glad they did the raise now, will top up if given chance today.

Tomorrow morning for the podcast? looking forward to it.

No OLLIE I didn't get anything mixed up I merely corrected your post claiming that the payments were being made in UK Pounds not US dollars and it took a while to get the message through to you.
Glad you've got it now though.

No you need to re read it OLLIE.
The placing was as you correctly state for £1.5m UKP's
The payments of US$750,000 and US$102,500 were as can plainly be seen from my copy and pasting skills in USD's not UKP's hence the £634K total as I posted earlier

Small point but those figures were in dollars not UKPounds Ollie so actual amount at today exchange rate would be around £634k total.

Nice to see a bit of a bounce, tougher call now imho. Had its drop on news but better news could come any time now. 60 days is up, the ministry have logged no issues. Letter could drop on their doormat tomorrow morning..or not.
All the same very low marketcap and when the news does come the only way should be up..

Could just be MINMIDT being a gov body have simply used second class post. letter will likely arrive a week on tuesday.

I expect Beluga have got their house in order. My opinions always been they won't hand over $15m to TRP until approval is given. Know I wouldn't.

"My opinion" is that the email though it was very positive took away the certainty that we'd get an RNS immediately after the 60 days were up to say they'd got approval. Might still happen but not nailed on we may have to be patient a while longer.
Still holding and may top up again before close as fairly confident on all but the timescale.