Contango Holdings Plc (GB:CGO) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Contango Holdings Plc is advancing its Muchesu coal project in Zimbabwe with significant investments, including the near-completion of a Dense Media Separation Plant expected to start production in November. The company anticipates lifting its temporary suspension from the London Stock Exchange following the publication of its 2024 Annual Report, boosting investor confidence. The first royalty payment from the project is expected by the end of the year, signaling positive growth prospects.
For further insights into GB:CGO stock, check out TipRanks’ Stock Analysis page.