Corcel Share Discussion Threads

[bambos22] 29/7/2021 13:47

Where is Kemche??? Lol... Was all part of his game to pick up cheap shares . Well done to him I suppose.. Big upside now!!!

[rmart] 29/7/2021 13:43

Align research target is 19p. Its not my fault. I am not sure about that target, but half of it is easily doable. We have only just begun.

Get in Helpful and stop crying.

[rmart] 29/7/2021 13:38

ha ha, glad to see you are still moaning. I am here for the multibags. See you later.

[helpfull] 29/7/2021 13:26

Who is going to be left high and dry this time? rmart has ramped the share price previously and then sold out before trashing the share and the share price. Were you left holding at 1.9p - 2.2p whilst he played his Burwell rumour? A leopard doesn't change his spots. End of July at the weekend. Was that the rmart deadline for Burwell being signed, sealed and delivered? He could be gone again by Monday. His continual MAST comparison is ridiculous. MAST is actually constructing Bordesley. Has the finance in place and it estimates £60,000 revenue per MW per year. That's revenue not profit. Corcel has a 40% interest in 50MW with Arlington ( is the drag along September?), a 6 month exclusivity in 50MW at Avonmouth, a mothballed peaker plant project in Southport (disappeared?) and Burwell (how will that end?). Be careful.

[rmart] 29/7/2021 13:15

2.02 to buy on ig, nothing under 30k

[oil be there] 29/7/2021 13:15

NT to buy & can sell well over 1M at 1.856

[stoop] 29/7/2021 13:07

Paying 1.97p now

[oil be there] 29/7/2021 13:05

Paying 1.9 now

[mark10101] 29/7/2021 13:04

Just a reminder Mast had the same broker appointed on the same day as CORCEL. Each dip is being bought into, good strength we have not seen since the spring.

[bmcb5] 29/7/2021 12:50

0MW and a spreadsheet of potential developments

Is that a good way to summarise?

[rmart] 29/7/2021 12:44

Market cap here is currently just £7m. I expect it will pass Mast (£21m) in the not too distant future. Whether it gets to £97m is another matter but a 5 bag is a pretty realistic target from here imo.

10p share price is still under £40m market cap. Still only double that of mast with 6x times the MW and Mambare, WoWo etc on top.

[oil be there] 29/7/2021 12:31

Can sell over 1M for 1.8175 & 1.8849 to buy

[rmart] 29/7/2021 12:30

it would seem shareholders in Mast do not agree with you. Good buys yesterday of £50k say you are wrong.

But hey ho, what else would you expect from someone with your posting history. Pretty much trash everything you post on. mmmm, is it your day job?

[lurker5] 29/7/2021 12:08

Re Align's 'target'. Awfully sorry. But to expect the market to accord a £97.75m 'value' to its FGS business is totally delusional. For a start, Mast itself's valuation is grotesquely exaggerated.(See the MAST board) For another Corcel (and its partner) hasen't financed any of the hoped for 170MW plants yet, Total capital cost (going by compnies house accounts for other similar sites) is likely to be approaching £100m, of which the SPV equity will be about £40m, and plant - financed by equipment leases whose cost is met from the boasted 'cash flow' - will account for another £40m. To boast that 'shovel ready' sites are 'valued' at £20-50,000 per MW shows complete ignorance as to what 'shovel ready' means. That 'value'is merely the cost so far of gaining the planning permission and grid connection promise. As before, total capital cost per MW to 'build' seems to be around £500,000 per MW (based on 5 years old historic costs) likely today to be more than that.Where will Corcel get its share of the equity investment from ? - You've guessed it - from shareholders whose company today is valued at well under £10m. So to base a'target' share price on todays shares in issue is the sort of schoolboy howler (but for a 'professional' analyst must be a cause to lose 'professional' status) that an infant schoolboy would make. As for the 'gross profit' to be expected from 170MW, if its only the £60,000 pa per MW that MAST's Bordersley is promising that represents only a 10% 'gross' return on the capital needed (ie before repaying the plant lease). No wonder Corcel has 'paid' Align to pretend the shares could get up to 10 times higher (And to 2 decimal places as well ! Gee Whiz !)
Summing up Align's £97.75m 'value' is the capital cost of which shareholders (and lenders and plant lessors) will have to put up around £40m themselves. If what I write is wrong, the company should come clean and say what financing is needed and how it is to be raised - along with projections for earnings.

[oil be there] 29/7/2021 11:56

1.765 v 1.8649

[kemche] 29/7/2021 10:35

"the information and opinions set out in the Research Note are the sole responsibility of Align Research Ltd and should be construed accordingly."

I have construed accordingly.

Richie on the case for another attempt - which will no doubt be as successful as the previous one.

Pharmacal anyone?

[helpfull] 29/7/2021 10:29

NOT MODERATED.

Look at WoWo yoyo. Quarterly update from RMI. Exploration licence meeting rescheduled several times now has a tentative date of September 14th 2021 with a proviso that it could be cancelled again due to Covid-19 issues. Same issues could be affecting Mambare progress in PNG. Be careful.

[amrishbhim] 29/7/2021 09:45

Corcel - UpdateBlue-sky battery metals exploration & flexible grid solutions offers a compelling play on the decarbonisation of the global economyCorcel is best known for its vast PNG nickel laterite Mambare Project which was once valued at £40 million. It has been a bit quiet over recent years as the company has gone through a substantial restructuring since the previous Chairman was removed by shareholders. The decks have now been cleared and a period of substantial growth has begun. With James Parsons now at the helm and the 12 month "legacy clean up" behind them, investors are now witnessing the creation of a highly relevant vehicle.Positioned to benefit from expected price hike in battery metalsThe transition to a low carbon world needs grid level storage for renewables to be a viable and stable source of energy. Hence we are seeing investors clamor for exposure to batteries and battery metals where a supply crunch is expected in the mid-2020s onwards with big structural price hikes.Mambare is positioned to become a DSO nickel supplier to ChinaA Mining Lease could be awarded within 4-6 months allowing a DSO operation to proceed, funded jointly with a JV partner. Together with Wowo Gap, another big PNG nickel project that looks like it is coming to the Company, Corcel is set to become a major nickel-cobalt player in the region.Big opportunities as the UK switches to flexible power generationCorcel is investing in energy storage/renewable projects to provide critical services to the UK grid as it transitions from coal/nuclear generated power to renewables. Already, the team has 170MW of well-advanced projects, strongly backed by a major pipeline of projects that are under review.Peer comparisons & industry metrics suggest 900% upsideOur conservative valuation begins to show the potential. We update coverage of Corcel with a target price of 19.35p and Conviction Buy stance.RISK WARNING & DISCLAIMERCorcel is a research client of Align Research. Align Research own shares in Corcel. Full details of our Company & Personal Account Dealing Policy can be found on our website

[bmcb5] 29/7/2021 08:57

@lurker thanks. I had JohnCasey filtered

[uncleeric] 29/7/2021 08:48

The market seems to like the revised Align research share price target of 19.35p

[rmart] 29/7/2021 08:47

I did say that corcel should be 3x higher than mast market cap not 3x lower and this new share price target of 19p makes my assumption pretty much the same as Align.

[rmart] 29/7/2021 08:34

New 19p target, I will be happy with half that early next yr

[oil be there] 29/7/2021 08:16

https://twitter.com/alignresearch/status/1420638736761696257?s=21

[oil be there] 29/7/2021 08:16

Looking good again today.Bid 1.751 & NT to buyAlign Research buy recommendation with revised target price 19.35p