Member Info for steven49

Great see moving back higher gas prices helping massive increase in cash flow playing catch up.

Got move on contango now have the assets and r progressing them,groves has no position on cgo board.

Too be fair too P L had admitted been horrid time but his tone appears more upbeat stay strapped in he says he should be great,is it jam or could this be the turning point. 39 million pound market cap so has potential to improve,worse is price in I feel.

,louisiana the negative,reason 4 average daily production being down,not sure how markets take.GLA will read properly later. Cash position looks poor compared too debt H2 will be better so hopefully share price will start move higher in time, markets look ahead,

Groves is selling his coal assets in Zimbabwe to London-listed Contango Holdings, hopes to build Contango into a ‘mid-tier mining company

Contango will buy interests in a coal concession belonging to CGH in the northwest of Zimbabwe. In exchange, CGH will be given shares in Contango

Entered into a Memorandum of understanding with Consolidated Growth Holdings (CGH) in December 2017, to acquire the Lubu Coalfield in Zimbabwe that hosts thermal and coking coal



· Contango will acquire the Lubu Coalfield from CGH for gross consideration of circa £6.45m through the issue of ordinary shares at a price of 5p, subject to certain conditions being met

CGH's original business objective was to compile and develop a pan-African portfolio of coal and iron ore assets. CGH (originally known as Sable Mining Africa Limited) successfully acquired a portfolio of prospective coal assets in Zimbabwe

There gas is unhedged so will benefit from these high gas prices

Brandon Hill Capital Limited is responsible 4 placings where
Oliver Stansfield is director of both companys

CGH's revised holding of 109,849,961 ordinary shares, representing 45.84% of the current issued share capital will remain under the lock-up agreement until June 2021.

We expect both of its assets to be generating cashflow within a year or so, and thereafter we expect a significant and growing dividend yield in line with the company policy of paying out around 50% of net profit in dividend."

Philip Richards is Founder and President of RAB Capital which he jointly founded in 1999. He was Chief Executive Officer and Chief Investment Officer until 2008. Asmanager of the RAB Special Situations Fund he ran around $2bn in the mining andenergy sector

Oliver Stansfield is a common director of both Contango and BHC Brandon Hill Capital

Notice gold starting tank

Why not state at price exercised these warrants

That level again where buyers start appearing.

Not blame them I'd sell,possible lot more too go, disapointing 4 us small private investors, should have had longer lock in periods too easy money 4 these investors who just off load killing share price,

Should make better reading both oil gas prices higher that period, news on atome,would hope that worse behind and share price can move 4ward my feeling much will be priced in b4 release unless some surprises in interims.GLA

Some cheap warrants being dumped,needs get news out on both projects gold project appears taken back seat over due on this