Corcel Share Discussion Threads

[lurker5] 01/9/2021 14:37

More help for helpful

This has just been published on a MAST site re the 'value' which our thick friend at Align used to 'project' his fantastically fantastic price for CRCL

"A little taster for the forthcoming demolition of Mast's grotesquely exaggerated value.

Plutus Powergen (now bust but its accounts for the 9 20MW sites it 'operated' in conjunction with others were honest, being on AIM, unlike the fraudulent guff published by Mast which will be on the opaque, dodgy, 'Standard' market) showed a 'value' per megawatt for those nine operating sites, each of £43,000. Yes I said £43,000 per MW.

So how does that stack up with MAST's claim of £3 million/megawatt on which it based its Bordersley and hence MAST £23m valuation ?
I'll tell you. Its for the same reason MAST has been conning investors. Accounting truth vs marketing spin a la Kibo's Coetze.

Those generating site 'do not belong' and 'will not belong' (not for the first ten years or so anyway) to MAST. They will 'belong' to whoever puts up the £12.5m that Plutus expected each of its planned 20MW gas peaking sites will cost. MAST hasn't admitted - "anywhere" - that its sites will cost anything. All it has told the unwary who paid 12p per share, is that the 'free cash flow' per megawatt will be £60,000 pa per MW, giving them the impression it will belong to them. It won't. It will go to pay off the banks or the other investors who put up th £12.5m (plus another 50% -if they are all bank loans at 9% over 10 years which are the usual terms)

That's why, even before there were hints of trouble in the market (not mentioned by MAST of course) Plutus's shares were valued at never more than £150,000 per operating MW. (Or £335,000 adjusting for the only 45% that PPG owned of its sites) Compare that with MAST's current £2.5m per MW on its not-yet-operating 9MW.

So Beware - MAST's nemesis is coming - just like the bladed missile that wiped out some Talibans the other day. And you never know. It might even wipe out Align and its 'conviction buy' stance as well."

[mark10101] 01/9/2021 10:44

Liking the chart atm, news delivered now would be perfect.

[helpfull] 01/9/2021 10:09

Was I dreaming? Or did someone give a valuation of £97,500,000 for the FGS projects put forward by Corcel. £97,500,000? Really? Even stretching the elastic in my knickers as far as it will go I can only see Corcel having claim to 185MW. So that would be £527,000 of value attributed to each MW.

And what about this 185 MW? Burwell has been "right sized". 50 MW of solar has gone. The other 50 MW is troublesome. At Avonmouth there is a six month exclusivity over 50 MW and potentially another 15 MW. What happens after six months? So that leaves 20MW at Tring Road. With a value of £97,500,000? Or about £5,000,000 per MW. The 20MW share of Tring Road cost £150,000 and about 12,000,000 Corcel shares. £400,000 in total. Arlington might have missed out on £97,000,000 of value. Or not. Does the "drag along" come into play at the end of this month?

Be careful.

[kemche] 27/8/2021 13:49

Has the PhD returned from his summer hols?
Needs another "research" piece by Richie.

[rmart] 27/8/2021 13:17

Same old rubbish from you few.

[lurker5] 27/8/2021 13:14

Battery storage is more than 3 times more expensive than even solar (whose prices are coming down) Where will the capital cost (£100m plus ?) come from ? Or have I missed that Corcel's market cap is less than £7m ?

[rmart] 27/8/2021 09:10

News next week by the looks of it Burwell sorted !

[helpfull] 27/8/2021 08:38

Apparently the mug punters on LSE are being fluffed by a rumour of a 50MW+ battery storage and 200MW solar scheme and some green hydrogen thrown in for good measure at Armtrac, 70, Reach Road, Burrell as Corcels next big inflection point. Or might be someone wants to stick solar panels on a roof:

Planning Application: 20/00655/SON
Address
Armtrac 70 Reach Road Burwell Cambridge CB25 0AH

Description
Prior approval for installing 2 x 30kw solar systems on both sides of the roof

Dates
Received :


Wed 20th May 2020

Validated :


Wed 20th May 2020

Your cash is required so someone can extricate himself from a bad gamble. It was rude not to. Are you the next mug? Be careful.

[kemche] 25/8/2021 11:20

The natives are getting restless at the asylum and Torreagus is nowhere to be seen.

[kemche] 24/8/2021 11:55

Excellent tweet by SK.
NT to buy - but not to sell.
Whoosh!
Southport!

[lurker5] 23/8/2021 09:25

I see the moron rmart thinks a £92,000 per month 'profit' is worth £25m ! After tax a massive 30x for a limited life income ! (But he didn't notice that, and neither did he realise its before repaying the £10-15m capital cost. But, then, he doesn't realise anything. Must be a badly programmed bot. Certainly not an intelligent human being)

[rmart] 21/8/2021 10:53

NICKEL BATTLEGROUND



WoWo and Mambare, need we say more? Massive re rate on the cards here just on these, plus the FGS projects.

[kemche] 16/8/2021 21:17

"Can someone explain the reason for the market cap difference, surely it is not just on the £40kmonth income?"

Yes. No income and no pot for use as a urinal.

But other than that - none.

[rmart] 16/8/2021 09:07

MAST at it again.

18MW projected £92k per month profit by 2022. £25m market cap.

Corcel, AVONMOUTH alone 50mw, expected to be commissioned in approximately 12 months.

Market Cap £6.5m.

+WoWo Gap, Mambare, Tring Road, (burwell?), Dempster Vanadium.

[rmart] 13/8/2021 10:36

Once the selling dries up this will rerate and it will get to double figures.

[bmcb5] 13/8/2021 10:28

"Corcel is a research client of Align Research. Align Research holds an interest in the shares of CRCL."

[helpfull] 13/8/2021 09:47

Who benefits from WoWo?

Certainly RMI does. A debt free company. A new asset in Africa. A millstone in the PNG jungle got rid of. After so many years. Nothing was going to happen there. Nobody was interested.

Certainly Sinom gained. Years of funding of an asset going nowhere. Sinom and all the supposed funding couldn't do anything with it. Then along comes Corcel and actually gives cash for the debt. And shares as well. They'll take them and the free ride.

And what about Corcel? They couldn't do anything with Mambare. Lost control of the asset to BMA who did all the work. What can they do at WoWo? BMA don't need WoWo. Mambare is more than big enough for them. It doesn't matter now what discount Corcel got for the WoWo debt. They have the asset now. And the problems. And the costs. It is interesting to read in the latest RMI quarterly update that fuel and supplies have to be brought to WoWo by canoe. Says everything. How many miles is it from civilisation? I wonder if the millions of tons of nickel ore will be transported by canoe. Anywho. It is a good headline. Is that a cash raise I can smell on the jungle air? Be careful.

[mark10101] 12/8/2021 23:49

In the last 4 days you have posted 15 times here, on a forum for shares you don’t own, wibble wibble. I have no idea if you post on other platforms, it is not as if I seek out extra wibble, plenty here……

[helpfull] 12/8/2021 23:20

For someone who accuses others of wibbling you have posted at least 11 times as Mark 10101 on Advfn today, and four times as confounded on LSE. You are beginning to wobble with desperation. Got some shares to dump on innocents? Multiple accounts is the name of the game for traders. Do you have a Twitter account like Donkey Bagger alias rmart alias Torreaguas? Be careful.

[mark10101] 12/8/2021 23:00

20p target now set 🚀🚀🚀

The heads in the sand wibble merchants full of doom and gloom will be wibbling to 10p and beyond.

[mark10101] 12/8/2021 17:55

If LSE is anything to go by most people are struggling to understand what CRCL achieved today, some openly admitted to selling based on there incorrect interpretation of the acquisition mechanism and costs.

So as you say quite possible there will be a delayed reaction, either way to get 100% of WoWo beat my expectations.

[kemche] 12/8/2021 15:23

"not the reaction you would expect to that news but then again sometimes shares dont react properly for a few days."

Odd that given that it means the square root of F all. It is simply about the money. And more precisely - not having it.

[rmart] 12/8/2021 15:06

not the reaction you would expect to that news but then again sometimes shares dont react properly for a few days.

[rmart] 12/8/2021 15:04

keep looking, you wont see me selling anywhere near this share price