Corcel Share Discussion Threads

[helpfull] 30/6/2022 12:02

Scottie seems to be taking Corcel in his favoured direction. Towards suspension. He achieved it with Curzon Energy. Is he now going for the double? A proven model. The CEO still gets remunerated. Stuff shareholders. He will have to do right by debt holders though. Who's that? Anyone know?

Be careful.

[kemche] 30/6/2022 10:45

Classic treeshake to allow Pharmacal in on the cheap as more shovels are bought.

GLA LTHers!

[helpfull] 29/6/2022 12:17

FWIW



Be careful.

[kemche] 29/6/2022 10:57

lurker, he is all bark. Been doing it for years.

[lurker5] 29/6/2022 10:30

Does that mean I can come out from the hole where I've been hidng (all-aquiver) from Pharmacal's threats to utterly destroy me ?

[helpfull] 29/6/2022 09:16

I'm going to get my hearing tested today.

Just listened to Scottie on Stock Box Media. Did I hear him say that Avonmouth was a £72,000 gamble? A punt? And if it didn't come off its only £72,000. After all its only shareholder money. It was a 9 month punt. Is there any other share investment that do a £72,000 gamble? Is that the basis for an investment strategy? Surely this management are past redemption.

Here's the game. You gamble £72,000.

If it fails, so what, it is only shareholder money. You go back and raise more money (and some for the trough at the same time). Make up another punt that the mug punter will believe.

If it is successful you take the credit and get Lord Snotty to award you oodles of cash (he does that anyway, it is his only purpose). You go back and raise more money (and some for the trough at the same time). Make up another punt that the mug punter will believe.

All is well and good. No risk to Scottie, only reward. Risk/reward ratio hey. With a little blue sky thrown in. There is a risk to shareholders though. The problem is like a drunk at the races, Scottie is continually punting and losing and is too drunk to realise. Southport, Avonmouth, Burwell? He's not too good at this. But it is shareholder money. Not an investment strategy. And why is there an Executive Chairman, remunerated at £172,000+ a year watching over this?

Scottie is after more cash. He's doing the social whirl. Paying shareholder cash to get attention. No apology. Definitely no apology. Expect more of the same.

Be careful.

[helpfull] 27/6/2022 10:58

Oink! Oink! Anyone?

Scottie is tweeting about Dempster today. He admitted in a recent Sock Box interview that Dempster wasn't relevant to the near term Corcel plans. Yet needs must. Shows the dearth of progress that has been made and is going to be made on all fronts.

Perhaps peeps would like to see a tweet explaining why a company of £3 million has an Executive Chairman. On a salary of £146,000+ (total remuneration £172,000+). The company could save £100,000+ there. Don't be surprised at how much will be leeched out of the company as the performance dwindles. Perhaps Scottie could tweet about remuneration?

Be careful.

[mrzippo] 24/6/2022 16:11

Parsons delivers his brown finger magic yet again.

[mrzippo] 24/6/2022 16:09

Well, this is all going splendidly.

[helpfull] 24/6/2022 11:19

Oink! Oink! Anyone?

You people make me sick with all your wibble. Can't you see what it has done to the share price? Scottie and Parsons have worked wonders here. They've disappeared Southport, Burwell, Avonmouth and probably Tring Road. They are working on PNG. I think they might up their game and disappear the "battery storage opportunities" before they appear.

Scottie and Parsons couldn't give a toss for shareholders. Their duty is to ensure there is enough money in the trough to pay their £35,000+ per month and whatever extra Lord Henry Snotty awards them.

No revenue from FGS so guess how they are going to get the money? Cash raise,cash raise,cash raise. But not necessarily in that order.

Be careful.

[kemche] 24/6/2022 10:15

The two at the helm are serial deliverers of value.

[lurker5] 24/6/2022 09:02

He had that ace 'analyst' - with a long record of duds. His business plan is (soon to be was) to persuade the hopeless who can't get anyone else to puff them to pay him £30k to do so. So with £30k to come, why would his analyst ('scribbler a better description) highlight any red flags ? Better to hire a scribbler who can't even identify red flags - then his conscience is clear

[kemche] 24/6/2022 08:35

The shovels are ready here but they ask not pourquoi????

Soon.......

Pharmacal should have paid heed to us rather that being bolshy with his threats of violence and thuggery.

[exotic matter] 23/6/2022 11:32

This is a busted flush now.

Administration most likely or delisting, the current shareholders get diluted 100x.

[helpfull] 23/6/2022 08:01

The operations update tried to sugar coat the fact. Avonmouth is a bust. The news is material and had to be released to the market. There was no mention of Tring Road. If Corcel and it's "partner" are shying away from fossil fuel projects there is little likelihood Tring Road will come to fruition. Why didn't they say that? And why not mention Burwell? Probably because they would have to admit there is now no FGS. Apart from the huge prospects that are so sensitive they are not able to mention them. Or not. Shareholders should not worry their pretty little heads. Does anyone still believe the management?

Revenue from FGS was supposed to fund the nickel projects. In the recent research note from Align Research it represented 80% of the valuation. Is that now zero? That is some inflection point.

No wonder Corcel was trying to big up Dempster. It had a £0.65 million valuation put on it by Align. In a recent interview Scottie said it was not a major part of the future plans of the company. It might be insignificant but when you have nothing it seems you need to emphasise insignificant.

And what about the management? Can the company afford to keep paying exorbitant salaries for abject failure over so long a period? Can the company afford an Executive Chairman? On any level? Who has benefited from all the cash raises since they have taken control? Certainly not shareholders. Who have had their noses in the trough? And still have? Certainly not shareholders.

They are now trying to say PNG has value. They have been invited to South Korea. Can the company afford it? Scottie is going to be helicoptered in to the jungle at WoWo. Can the company afford it? Scottie and Parsons are now taking remuneration of well over £35,000+ per month. Can the company afford that? For years of miserable share price performance. Can shareholders afford it? Why do shareholders put up with it? The truth is they now have no choice. It is a common fate for shareholders in companies where Scottie and Parsons are involved. Mug punters be warned.

Be careful.

[united snakes of advfn] 22/6/2022 16:53

I am wondering if RichieBoy our own top ADVFN Elon Musk investor, will sell his shares to me at 0.01p, the 40m share lot, circa £4K

[a_2_z] 22/6/2022 12:26

I suspect death spiral shares companies are lining up.

CLNs and free warrants.

This is going ICON's way.

Shares are about to multiply like rabbits. End of the year 1bn+ share, if they need authority they will get it.

[lurker5] 22/6/2022 11:56

A price 'target' would be fairyland without a forecast of the capital needed (and therefore share dilution) to get these assets even to a bankable stage. - likely to be many times Corcel's current cap even if partners are brought in. That 'ace' researcher who was/is so convinced didn't consider that at all. His assumption (also fairyland - he doesn't know how it works inside the SPV's that were going to be used) was that FGS would deliver ALL the working capital needed. Even a kindergartener would have questioned that !

[helpfull] 22/6/2022 11:55

Oink! Oink! Anyone?

Does this company need an Executive Chairman? Can this company afford an Executive Chairman? The difference in remuneration between a non-executive Chairman and an Executive Chairman is about £140,000 per year. Who benefits from that? Well? Silly question really because everyone knows it's Parsons who benefits. Does C4 Energy still hold debt here? How much is it on the Corcel books for? How much did C4 Energy acquire it for? Parsons knows. Do you?

Since Parsons jumped on board in Dec 2019 the share price has declined from 3.5p to 0.85p and falling rapidly. The number of shares have increased from 87,000,000 to 441,000,000. The market capitalisation is virtually the same. Since then Southport and Avonmouth have disappeared. Probably Tring Road and Burwell too. No zinc, no nickel, no cobalt and no vanadium have ever been produced and are ever likely to be produced. Shareholders cannot afford the "dedicate at least 2 days a week" Executive Chairman.

Be careful.

[ken chung] 22/6/2022 11:36

You can get them from almost any UK city bucket shop analyst. Worthless now.Lemmings and mushrooms only.

[kemche] 22/6/2022 11:31

We could really do with a research note out with a totally credible sum of the parts valuation and a believable price target. Anyone know where we can get one from?

[kemche] 22/6/2022 10:35

To be fair a2z they have not had a consolidation for a while. Or even a fundraising. So overdue on both fronts.

[a_2_z] 22/6/2022 10:30

This is most likely going to go ICON's way.

50bn shares.