We would love to hear your thoughts about our site and services, please take our survey here.
I asked the when are the board going to be buying shares question (others may have asked the same). There were was some talk about not being able to during negotions etc. but with their opinions that the share is undervalued by at least 5x atm, I would expect to see significant director buys in the near future from all of them
Hopefully this link will properly hightlight, if not just copy and paste the whole line:
https://www.barchart.com/futures/quotes/NF*0/futures-prices
BBC futures price seems to be Novemebr price looking at the differnt month prices on here:
https://www.barchart.com/futures/quotes/NF*0/futures-prices (Time are CT and delayed)
It's all relative though, so still useful information
Through IG, I have access to live prices on the following month, currently October
New tweet:
https://twitter.com/ContangoPlc/status/1698931190122615264?s=20
From the website:
https://www.thungela.com/investors/investor-presentations
Interim Results Presentation
Thungela Resources Limited will release its interim results fir the period ended 30 June 2023, on Monday, 21 August 2023.
Following the release, CEO, July Ndlovu and CFO, Deon Smith will host an investor call at 12:00 SAST (11:00 BST) on Monday, 21 August.
Register for audio webcast: https://78449.themediaframe.com/links/thungela230821_1200.html
Register for the conference call: https://services.choruscall.za.com/DiamondPassRegistration/register?confirmationNumber=4803796&linkSecurityString=c5e389d68
August now over 85
https://www.barchart.com/futures/quotes/NF*0/futures-prices
FTSE250 re-entry point for the end of August reshuffle is currently around a sp of 125, so with a bit of momentum from today's announcement it could be a self fulfilling prophecy if trackers start having to buy in.
http://www.stockchallenge.co.uk/ftse.php
24/5/23:The Company expects to announce the first sales of washed
coking coal in June 2023
22/6/23: upcoming Presidential site visit in July 2023, at which point the Company
will have made its first sales. ..first revenue imminently.
20/7/23: First revenue expected in August 2023 . Target Mid-2024 to deliver coke production/sales
18/8/23: ???
Please Contango, stop promising next month and deliver some actual coal sales.
Agreed
I have never found a logical pattern between good weeks and bad, so i track the yearly and 5 week averages
MW/C 26/6 Busier than average
MW/C 3/7 One of the quietest weeks this year
MW/C 10/7 Slow start, 2 ships in are 100k+ which helps
Flows now returning towards normal, after a part day with both compressors working:
03/07/2023 01:00:00 03/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2500 04/07/2023 12:01:01 L
03/07/2023 01:00:00 03/07/2023 System Entry Energy, Saltfleetby, D+1 1976667.0000 04/07/2023 12:01:01 L
03/07/2023 01:00:00 03/07/2023 System Entry Volume, Saltfleetby, D+1 0.1727 04/07/2023 12:01:01 L
.
04/07/2023 01:00:00 04/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2000 05/07/2023 12:01:01 L
04/07/2023 01:00:00 04/07/2023 System Entry Energy, Saltfleetby, D+1 1854444.0000 05/07/2023 12:01:01 L
04/07/2023 01:00:00 04/07/2023 System Entry Volume, Saltfleetby, D+1 0.1618 05/07/2023 12:01:01 L
.
05/07/2023 01:00:00 05/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2500 06/07/2023 12:01:00 L
05/07/2023 01:00:00 05/07/2023 System Entry Energy, Saltfleetby, D+1 2663333.0000 06/07/2023 12:01:00 L
05/07/2023 01:00:00 05/07/2023 System Entry Volume, Saltfleetby, D+1 0.2330 06/07/2023 12:01:00 L
.
Gas futures above 120p all the way from Nov 23 right through to Mar 25, lots of gas in the ground, Angus figures due Friday and looks like there's been a clear out of all the childish unrelated ranting posts.
https://www.barchart.com/futures/quotes/NF*0/futures-prices
Tweet re the TMS reach interview
https://twitter.com/ContangoPlc/status/1672167390803574785?s=20
Coal sales?:
RNS 1 :
"His Excellency Dr Emmerson Mnangagwa, will be visiting the Company's flagship Lubu Coal Project on 21 July 2023."
RNS 2:
" Investors are also invited to attend the upcoming Presidential site visit in July 2023, at which point the Company will have made its first sales"
So sales by 21st July? Better late than never, would have been nice if there was more detailed information on the date, which would suggest first (coal?) sales on 20th July, and current position of finances.
New RNS just released:
22 June 2023
Contango Holdings PLC
('Contango' or the 'Company')
Response re Speculation
Contango Holdings Plc, the London listed natural resource development company, notes recent speculation with respect to its offtake with AtoZ Investments (Pty) Ltd ('AtoZ'). Given the subsequent volatility in the share price, the Company seeks to clarify as follows:
Contango's subsidiary, Monaf Investments, entered into an offtake arrangement with AtoZ in June 2022 for the sale of 10,000 tonnes per month of washed coking coal at mine gate, for not lower than the MMCZ price in Zimbabwe, which has remained constant at $120 per tonne throughout this period. For the avoidance of doubt this contract remains in effect.
However, the offtake with AtoZ is not exclusive and Contango has the right to deliver coal to an alternate buyer should it decide to. Since entering into the agreement with AtoZ the Company has received a number of approaches from other parties interested in offtakes for not only coking coal, but also coke and subsequent by-products.
More recently, the board has been focusing its efforts on completing discussions with a global multi-national company, currently under the MOU announced in December 2022. The Company's primary objective is to become a fully integrated producer of coke product. These negotiations are commercially sensitive and are expected to reach a conclusion as the Company approaches first revenue imminently. The Company reassures its shareholders that there are a number of groups that wish to purchase coking coal product from Lubu.
The Company will make formal disclosures on partnerships and offtakes as appropriate through RNS announcements. Investors are also invited to attend the upcoming Presidential site visit in July 2023, at which point the Company will have made its first sales. As previously announced, investors are encouraged to contact contango@stbridespartners.co.uk for more details relating to the site visit.