Contango Holdings plc Stock

Contango Holdings Plc is a United Kingdom-based natural resource development company. The Company's projects include the Lubu Coal Project and the Garalo-Ntiela Project. The Company has a 70% interest in the Lubu Coal Project (Lubu) in Zimbabwe, with the remaining 30% held by supportive local partner. Its Lubu Coal Project covers approximately 19,236 hectares of the Karroo Mid Zambezi coal basin, located in the established Hwange mining district in north-western Zimbabwe. The Garalo-Ntiela Project occupies 161.5 square kilometers (km2), in the Sikasso region of southern Mali, 200 kilometers (km) south-east of the capital Bamako and close to the Guinea border. The permit is surrounded by a number of multi-million-ounce gold deposits. The Company is also focused on mining from Block B2.