Contango Holdings Plc @ContangoPlc
Our principle assets are the 70% interest in the Muchesu Coal project in Zimbabwe and our 100% owned Garalo-Ntiela Gold Project in Mali. (LON:CGO) contango-holdings-plc.co.uk Zimbabwe Joined June 2020-
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We are pleased to advise that Mr Daniel dos Santos has been appointed to the Board of #CGO as Chief Executive Officer. In June 2024, Mr Dos Santos was appointed as a director of Monaf Investments, the in-country operating company of the Muchesu project. londonstockexchange.com/news-article/C…
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“…Work and capital investment has continued at Muchesu since our last update, including the commencement of installation of coke batteries. An additional RNS will be made addressing operational activities…” #CGO CEO Carl Esprey. londonstockexchange.com/news-article/C…
We can announce certain changes to the #CGO Board. “…As the Company evolves, so too should its Board. Today's changes are the first steps in positioning the Company for future expansion as a listed plc…” CEO Carl Esprey londonstockexchange.com/news-article/C…
Strategic Investor Increases Ownership in Muchesu by Purchasing Minority Holding “This should provide shareholders with further confidence of the Investor's focus on the development of the Muchesu Project and its inherent value” #CGO CEO Carl Esprey londonstockexchange.com/news-article/C…
Unaudited #CGO Interim Results for the six months to 30 November 2024 londonstockexchange.com/news-article/C…
We are pleased to confirm we have now received a further royalty payment of US$300,000. This brings the total royalty receipts to date for #CGO under the previously reported Mineral Royalty Agreement with Huo Investments to US$500,000. londonstockexchange.com/news-article/C…
We have today published a Prospectus, enabling the completion of the previously reported Subscription by Huo Investments, who will become #CGO’s largest shareholder. londonstockexchange.com/news-article/C…
We are pleased to confirm that we have now received the first royalty payment of US$200,000 and expect to receive a further US$800,000 this month. Combined these will bring total #CGO royalty receipts to US$1,000,000 as envisaged and previously reported. londonstockexchange.com/news-article/C…
The new operators overseeing the recently completed DMS plant. #CGO's switch to a royalty model not only lowers commodity risk & cost inflation exposure, but ensures operatorship is assumed by highly-experienced, well capitalised partners focused on boosting production & sales
𝐑𝐞𝐬𝐭𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 Following the publication of our Annual Report for the year ending 31 May 2024 on 22 November 2024…the Company's #CGO shares will be restored to trading on the Main Market of the @LSEplc today. londonstockexchange.com/news-article/C…
Overview of the newly constructed DMS plant capable of procession 3,000t per day of coking coal #CGO #MiningNews #CokingCoal
Testing earlier this month at the now operational DMS plant… #CGO #MiningNews londonstockexchange.com/news-article/C…
We are pleased to provide an update on our #CGO operations, financial performance, and corporate affairs. londonstockexchange.com/news-article/C…
“…With the expectation of a first royalty payment this year and welcoming the Investor as the largest shareholder in the Company following the issue of the SFP, the outlook for the Company is looking overwhelmingly positive…” #CGO CEO Carl Esprey londonstockexchange.com/news-article/C…
𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 & 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗨𝗽𝗱𝗮𝘁𝗲 We are pleased to provide an update on our progress over the last month. #CGO #MiningNews londonstockexchange.com/news-article/C…
Below, latest images of our 3,000t per day DMS plant installation at #CGO's Muchesu project Looking to Q4 2024, we expect the DMS plant to become operational which in turn is expected to trigger the commencement of royalty payments.
Good progress continues to be made on the DMS plant at #CGO Muchesu project. We expect the DMS plant to be operational before the end of next month…
We are pleased to provide an update with respect to recent and ongoing #CGO operations at site, as well as timing of the closing of the previously announced binding transaction agreements entered with the strategic investor Huo Investments Limited londonstockexchange.com/news-article/C…
𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 & 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗨𝗽𝗱𝗮𝘁𝗲 We are pleased to provide an update with respect to recent and ongoing #CGO operations at site, as well as timing of the closing of the previously announced binding transaction agreements. londonstockexchange.com/news-article/C…
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