Member Info for TPKart

Looks like it's consolidating at around £6.10, and then will give it another push to break £7 again... (IMO)

Maybe not 16, I think in between 14-15p finish.

Yeah it was just a silly comment from someone who's literally created a new account to try and create doubt. Hopefully people will know to ignore, and looks as if they are judging by the movement of the share price since that post.

It's finally moving back up.

I gregpeck. Decent support at this level as well. I think we'll see a push back toward the director buy in prices today/tomorrow, and then once that starts could be back into the 600's pretty quick.

The worm has turned...

When the majority think they know exactly what is going to happen (like a lot of people on this board saying its going to continue going down) it can be very likely that the opposite is going to happen. Otherwise if it was that obvious and 100% certain its going to continue going down, then investing and trading would be easy as every could sell/open shorts and buy back lower. Its not though is it. The markets always like a suprise.

I think so too latpulldown. Back into the 70s this week imo.

It won’t have been someone changing their mind and immediately selling, because you wouldn’t be able to buy over 7m shares and then sell them at the same buy price. Interesting though. I wonder if we’ll find out in the morning.

There's always going to be some sellers in this situation, and on top of that there's been a 20%+ rise recently as well, so a few profit takers. But for all we know a gold deal could drop any day which could cause the stare price to surge, or we could get more tweets on the mine progress, which in turn could see another 10-20% increase. Then IMO there will be the gradual rise as we approach Q4 and the first coal sales which will get very exciting. I've been invested here in the past, and sold on 10% gains, only to see it go up another 70%+ in the following weeks (to my regret). I've decided to hold this time as I think we'll have another go at 10p at some point. Any more off take agreements, or confirmation of the first sale and I think we'll see new highs, and I certainly wouldn't want to miss out on that.

I must have missed this interview from a few weeks back. Carl is aiming to be paying dividends by next year. For others that may not have seen it:

https://www.theafricareport.com/220489/mali-contango-seeks-partners-for-garalo-gold-project/amp/

I agree reg a bit of a silly comment from Genghis. So much has changed. Once the wash plant is in place (they have just finished the access roads and wash plant site) then they'll literally be on the verge of revenue creation. It could be a matter of weeks/couple of months.

Another tweet right now from the CGO twitter feed. They’ve completed the mines accommodation camp as well now. The ball really is rolling.

https://mobile.twitter.com/ContangoPlc/status/1554028852187435010

Low stock again at 6.2p. Its looking like we might break above it today at this rate. I liked the update on twitter yesterday. It shows that they’re just getting on with what needs to be done, and moving closer to revenue. I hope they’ll do another video on twitter of the washplant when its in place in the next few weeks.

Well this is lovely to see! The access roads have been finished! Washplant installation imminent!

https://twitter.com/ContangoPlc/status/1552652637509627906

Low on stock at 6.2p now as well.

Looks ready for a move up soon IMO looking at the chart. Also, its going to a negotiated trade on just £500 quotes so looks like there’s currently no shares left at this price. Looking forwards to hearing about the wash-plant installation soon, and then first off-take production and payments in Q4. In the meantime any news on gold, or additional off-take agreements could see this move a lot higher. I think once the revenue starts it will be a different story. I hoping for a steady climb to 7-8p into September in anticipation of this, and the who knows where it could go if it breaks out. Recent interviews from the CEO certainly sounds optimistic. GLA

I absolutely agree. It really is huge! It’s also the kind of product that could help Proton AB take their own revenue to the next level. But either way supplying to a company that turns over £150m is certainly a big step in the right direction. I’d love to see Verditek seal some deals (and actually follow through) in the mining industry as well. Its such a huge market, and they all need products like this to try and offset the high price of diesel. Anglo American are currently investing in alternate and renewable energy solutions, including hydrogen powered trucks. So there’s a lot of investment for renewables going on in that sector. Lets hope the new products can make the difference in clinching some of their sales as well.

Yes frustrating about the hit, but with the new joint venture and with the now encouraging likelyhood of more sales, amongst the other potential news flow I mentioned, it won’t be long before this is back into the 2’s IMO. And considering it went up to 2.9-3p on the back of the JV news, any new contract wins could see it into the 3’s and beyond. Good luck all.

it cut me off..... as ever I'd be interested to hear everyones thoughts.