Corcel Share Discussion Threads

[bambos22] 08/6/2021 09:17

Why the Kemche are there so many trolling Corcel.. Cheap shares wanted.. Dont be fooled by muppets.Re-rate

[kemche] 08/6/2021 09:06

Rusting shovels.

Grass.

[bambos22] 08/6/2021 07:31

Avoiding the recent 500k Why the Kemche are there so many trolling Corcel.. Cheap shares wanted.. Dont be fooled by muppets

[kemche] 07/6/2021 23:05

Avoiding the facts Bamba.

Rusting shovels.

Grass.

[bambos22] 07/6/2021 21:57

Copy and paste Kemche

[bambos22] 07/6/2021 21:55

Why the Kemche are there so many trolling Corcel.. Cheap shares wanted.. Dont be fooled by muppets...

[kemche] 07/6/2021 21:21

Helpfull3 Jun '21 - 12:33 - 1375 of 1400
0 1 0
How close is the next fundraise?

At the start of 2021 Corcel had £180,000 cash.

Corcel raised £300,000 gross on the 18th February 2021 which costs of 10% would bring down to £270,000.

Exercise of warrants in April and May 2021 brought in £686,736.

Total cash funds would be £1,166,736.

There are costs though.

Administration costs of £493,000 can be expected for the half year to 30th June 2021. Same as first half
£150,000 was paid for 40% interest in the Tring Road peaker project.
£72,000 was paid for exclusivity at the Avonmouth peaker project.
£100,000 exploration costs at least can be expected from Mambare (£205,000 for last full year).
And only £200,000 was received to the accounts from the 12th May 2021 warrant exercise, not £300,000.

"£200,000 of these proceeds have been credited to the Company's account with the balance having been netted off and utilized to repay in full the loan facility originally announced on 18 February 2021".

That gives a present cash figure for end June 2021 of about £251,736.

But the company must be forward looking. Expected costs for the next six months include: £493,000(admin), £100,000(exploration costs), another £72,000(Avonmouth?) and perhaps £286,756 (loan repayment on 23rd December 2021 + 8% int).

That comes to minus £700,020 at end of December 2021. The next cash raise, as always with Corcel, is imminent. Be careful.

[bambos22] 07/6/2021 20:18

Why the Kemche are there so many trolling Corcel.. Cheap shares wanted.. Dont be fooled by muppets

[bambos22] 07/6/2021 20:11

Kemche is loving the upside potential and wants your cheap shares...Strong BUY

[bambos22] 07/6/2021 20:09

Align hold approx 5% Chinese investor hold around 10%GETTING VERY INTERESTING

[bambos22] 07/6/2021 20:05

Corcel owns a A$4.76 million senior debt position in RMI which is repayable within the next 12 months and moves look to be on the cards by which Corcel would gain Wowo Gap

[kemche] 07/6/2021 19:49

That should help.

But nevertheless - where in the name of Bamba has ALL the money gone????

Rusty shovels.

Grass.

[bambos22] 07/6/2021 19:47

Missed the new loan facility of £500k..And solid backing by Align...

[kemche] 07/6/2021 17:41

Helpfull3 Jun '21 - 12:33 - 1375 of 1400
0 1 0
How close is the next fundraise?

At the start of 2021 Corcel had £180,000 cash.

Corcel raised £300,000 gross on the 18th February 2021 which costs of 10% would bring down to £270,000.

Exercise of warrants in April and May 2021 brought in £686,736.

Total cash funds would be £1,166,736.

There are costs though.

Administration costs of £493,000 can be expected for the half year to 30th June 2021. Same as first half
£150,000 was paid for 40% interest in the Tring Road peaker project.
£72,000 was paid for exclusivity at the Avonmouth peaker project.
£100,000 exploration costs at least can be expected from Mambare (£205,000 for last full year).
And only £200,000 was received to the accounts from the 12th May 2021 warrant exercise, not £300,000.

"£200,000 of these proceeds have been credited to the Company's account with the balance having been netted off and utilized to repay in full the loan facility originally announced on 18 February 2021".

That gives a present cash figure for end June 2021 of about £251,736.

But the company must be forward looking. Expected costs for the next six months include: £493,000(admin), £100,000(exploration costs), another £72,000(Avonmouth?) and perhaps £286,756 (loan repayment on 23rd December 2021 + 8% int).

That comes to minus £700,020 at end of December 2021. The next cash raise, as always with Corcel, is imminent. Be careful.

[hedgehog 100] 07/6/2021 16:56

CRCL's two nickel projects are each comparable to the Araguaia and Vermelho nickel projects of HZM (Horizonte Minerals).
And HZM's current market capitalisation at 7.05p is £119.86 million!

"JORC Resource of 162.5 million tonnes @ 0.94% Ni and 0.09% Co (1.53 million tonnes of nickel)"


"JORC Resource of 125 million tonnes @ 01.06% Ni and 00.07% Co (1.33 million tonnes nickel + 83k tonnes of cobalt)"



"Horizonte is developing its 100% owned Araguaia Nickel Project (Araguaia) as Brazil’s next major ferronickel mine. ...
After an initial ramp-up period, the plant will reach a full capacity of approximately 900,000 tonnes of dry ore feed per year to produce 52,000 tonnes of ferronickel, in turn containing 14,500 tonnes of nickel per year. ...
Mineral Resource estimates for the nickel laterite deposits under consideration for the FS are shown in the table below. The Measured Mineral Resource estimated at a cut-off grade of 0.90% Ni, is 18 Mt at a grade of 1.44% Ni. The Indicated Mineral Resource is 101 Mt at a grade of 1.25% Ni. This gives a combined Mineral Resource of 119 Mt at a grade of 1.27% Ni for Measured and Indicated Mineral Resources at a cut-off grade of 0.90% Ni (inclusive of Mineral Reserves). ..."


12/08/2020 07:00 UK Regulatory (RNS & others) Horizonte Minerals PLC US$325m Senior Debt Facility Mandate for Araguaia LSE:HZM Horizonte Minerals Plc
"Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ('Horizonte' or 'the Company') the nickel development company focused in Brazil is pleased to announce that it has executed a mandate to arrange a senior secured project finance facility of up to US$325 million (the "Mandate") to fund the construction and development of its Araguaia ferro-nickel project in Brazil ('Araguaia' or 'the Project'). ..."



Horizonte Minerals (HZM):

[bambos22] 07/6/2021 14:55

Have a look at the recent acquisitions ..Do your researchCongrats on buying cheap

[kemche] 07/6/2021 14:43

All the flurry were mine.
And yet the question remains: Where in the name of Bamba has ALL the money gone.

As the shovels begin to rust.

[bambos22] 07/6/2021 14:40

Flurry of buys this morning are probably yours...I have no concerns over money at all...

[kemche] 07/6/2021 14:35

I am buying every last share here.

In the meantime where in the name of Bamba has ALL the money gone?

[bambos22] 07/6/2021 12:36

Money going out of the hands of the weak holders into the hands of Kemche...Don't sell your cheap shares to this mob..The same people will pop up with their alias accounts and start promoting their stock when they are fully loaded..Kemche & Helpful are strong buy signals

[kemche] 07/6/2021 12:04

The shovels are beginning to rust as everyone asks "where in the name of Bamba has ALL the money gone?"

[bambos22] 07/6/2021 11:44

Helpful is helping himself to cheap shares...Squeezing out the last few weak shareholders with the negatively

[helpfull] 07/6/2021 10:50

It's been over a month since an update on Burwell:

"The Company continues discussions with the landowner of the property regarding the execution of a binding option to lease. The Company has been informed that the landowner is currently managing a land sale process and Corcel therefore expects the lease to be signed with the new landlord following that land transaction completing; which is expected imminently"

What's the situation? Has the land sale fallen through? Is the current landowner still interested in signing a binding lease? It is easy to use the word "imminent" but more difficult to live up to the implications. No news is not good news in this case. If the Burwell deal cannot be closed then what is the point of Corcel? Is Burwell going to be another failed scheme like Southport and the trumpeted revenues for end 2020?.It is going to be a slow summer waiting for any news on Burwell. Cash will be disappearing fast in the second half of 2021. Maybe -£700,000 by year end. There is no revenue at Corcel. There is a need for more cash to be raised in the coming months. You could say a cash raise is "imminent". That's an implication that there will be no problem living up to. Be careful.

[kemche] 05/6/2021 22:35

Kaintz - the man that gave you RRR and CZN

Parsons - whose reputation precedes him

And HH of whom the less said the better.

Yep - it has success written all over it.