Corcel Share Discussion Threads

[kemche] 12/8/2021 14:44

It's all about Southport now.
And Metcoal.
And the White Car Company.
etc

[kemche] 12/8/2021 14:43

Look out for the tell tale trades going through. That will be Rfart and HH et al. averaging down.

[kemche] 12/8/2021 14:42

Just looking for my football in the long grass - can anyone help me search for it?

[lurker5] 12/8/2021 13:43

Wibbling about the moral wobble that Corcel, Mast, and Kibo are perpetrating re the real value of these peaker plants is necssary I'm afraid - if only to help newbies avoid the losses their soulmates suffered(for similar reasons) in Kibo
PS See the MAST board for detailed breakdown of Pyebridge's cash generation (not)

[mrzippo] 12/8/2021 11:59

Market loves this news!

[mark10101] 12/8/2021 11:12

Essentially Dominic Frisby believes the best way to play nickel is with the small to medium cap companies. For example BHP produces nickel but it is only 1% of their revenue.

[kemche] 12/8/2021 10:47

Whoosh!

Fundraising must be soon surely.

[mark10101] 12/8/2021 10:45

Will go over the wibblers heads as they love their wibble. Can’t see the wood for the trees comes to mind with this thread.

But well worth a listen, very timely (posted this morning) views from Dominic Frisby

[mark10101] 12/8/2021 10:44

Well worth a listen, very timely (posted this morning) views from Dominic Frisby

[mark10101] 12/8/2021 09:50

Crazy thread, imagine if they put the same amount of effort into something positive, they may have something to be happy about.

[rmart] 12/8/2021 09:12

Clown thread in full flow today now trying to trash wowo gap. A handful of true idiots on that thread.

[rmart] 12/8/2021 09:11

Lol, even turning your attention to trash wowo now, another real fool with nothing better to do what a sad bunch you lot on here are. Bye 👋

[helpfull] 12/8/2021 09:09

Fools rush in.

How much has the scratch in the jungle cost Corcel? £518,000 and 37,000,000 shares. Not bad for a Chinese business man who had probably written off his investment. Corcel will now have to pay the quarterly salaries for the camp workers in PNG. That's about Aus$ 2,000 every 3 months. But the company does get a lean to which is useful to keep out of the 6 monthly wet season. Shows the quality of the asset.

Corcel used to control 100% of the Mambare asset. That reduced to 50%. And, when the company did no work and didn't pay its share of the work being done there by its partner, that reduced to 41%. It's not easy owning an asset in an inaccessible jungle on the other side of the world. There are hundreds of kilometres between Mambare and WoWo. The Mambare partner has its hands full with its scratch in the jungle. Synergy? Honestly? The management of Corcel appears to be locked in the 1970's. That is when Mambare and WoWo were first worked on. They are both today exactly the same as they were then: inaccessible, overgrown jungle, isolated and worthless. Corcel might have trouble with the EL. The government, regional authorities and local tribal chiefs all have to be catered for and have a tendency to change their minds on a whim. WoWo could turn out to be a gigantic nickel millstone. Be careful.

[mark10101] 12/8/2021 09:08

Intense wibbling guys, keep it. You all sound so clever, I bet you make a fortune on the markets each year. Or maybe you are too occupied posting wibble on shares you don’t own and too scared to short?

[rmart] 12/8/2021 09:06

You really are showing yourself to be a complete clown.

[lurker5] 12/8/2021 09:00

Not 'double' figures you mutt. 'Multiple' figures to develop even a DSO operation. Do you understand the relationship between a share price, shares in issue, market capitalisation, balance sheet ? And how they relate to capital investment and income ? Thought not.

[rmart] 12/8/2021 08:53

Superb news on WoWo Gap! Excellent stuff. Onwards to double figures. Slowly but surely.

[mark10101] 12/8/2021 08:36

Agreed, it is time for the market to weigh up this step change. With a superb geographical location near to China and Australia, direct ore shipping has China written all over imho. At a time nickel and cobalt are under huge demand and play such a vital part in the energy transition.

[rmart] 12/8/2021 08:26

Wo Wo is Better quality than Mambare and Mambare once held the company market cap at £40m by itself, now we have both! Watch the re rate now!

[rmart] 12/8/2021 08:22

Superb news !

[mark10101] 12/8/2021 08:04

Love it, mm on holiday by the looks of it, snagged some under yesterday’s closing mid price. No more alas. Fantastic there is no gap formed!

[lurker5] 12/8/2021 08:00

So there you have it. Some numbers from MAST for our resident thicko/ramper to misunderstand (but none for the SPV itself) MAST has paid £2.5m for a 9MW peaker SPV - whose EBITDA (ie inside the SPV, BEFORE tax (these days 25%) and BEFORE interest and repayments on the loans which mostly finance the build and plant) will be c£488,221 pa. None of the vital numbers for the build and plant but likely to be near £10m, of which (usually) about £6m might be a bank loan and an asset loan on the kit - both repayable at 9% over 10 yrs. That means annual cash repayments of c £1 million for the first 10 years. How much will be left over to be paid to MAST itself ? Over to you Mr (S-not)Mart
And PS. any intelligent person will see that to 'add up all the hoped for future revenues' and take that to be the 'value' today of MAST's small stake in the SPV is unutterable nonsense. But our friend won't understand that, and will no doubt 'shovel in' part of the funds CRCL is going to raise soon from the mugs.

[mark10101] 12/8/2021 07:13

Wow, was not expecting 100% of Wo Wo, significant regional nickel/cobalt player right on China’s door step and close to the mining expertise of Australia. Wow Wow gap has come good.

[bambos22] 11/8/2021 23:29

All aboard