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CRCL Corcel Plc

0.15
0.00 (0.00%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Corcel Plc LSE:CRCL London Ordinary Share GB00BKM69866 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.15 0.14 0.16 0.15 0.15 0.15 1,927,191 08:00:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0007 -2.14 2.81M
Corcel Plc is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the London Stock Exchange with ticker CRCL. The last closing price for Corcel was 0.15p. Over the last year, Corcel shares have traded in a share price range of 0.105p to 1.375p.

Corcel currently has 1,874,794,153 shares in issue. The market capitalisation of Corcel is £2.81 million. Corcel has a price to earnings ratio (PE ratio) of -2.14.

Corcel Share Discussion Threads

Showing 4776 to 4795 of 5825 messages
Chat Pages: Latest  197  196  195  194  193  192  191  190  189  188  187  186  Older
DateSubjectAuthorDiscuss
08/11/2023
15:22
Bought another 1 million.

All investment done and expecting the biggest whooooshh after the flows rns.

z1co
08/11/2023
15:21
That is utterly despicable ZICO! And your crime???? I have always found you to be a gentleman of impeccable repute and a bastion, nay the epitome, of truth. What is his problem? How have you irked him so?

Stay safe fella.

In the meantime I continue to average down.

kemche
08/11/2023
12:23
As they keep walking this down, I am continuing to load up.

If it falls to silly levels, I will triple my holding.

"Candy from children"

Thankyou all loose holders and short termers.

I'm buying barrels of oil for pennies.

Be careful.

helpfull
08/11/2023
11:00
How many companies can boast of a potential scope for implied indication??
kemche
08/11/2023
10:55
jailbird, I'm sure I don't understand what you could possibly mean. I'm just a huge fan of Colin and saying so publicly.

Hope you are keeping well.

kemche
08/11/2023
10:30
Kemche u still bashing the bulls with sarcasm... lol
jailbird
08/11/2023
10:25
Big background buy order being filled - Parsons, Leni, Kaintz and Pharmacal wading in.

GLA LTHers!

I continue to average down.

kemche
08/11/2023
09:41
NT to buy as everyone is after Colin.
kemche
08/11/2023
09:37
I think everyone has given up selling.

All those sells going through are probably buys.

MM's are hiding the reality that this is already a £30 million company.

So all sells are legitimate.

They will take all of everyone's 100's of millions of shares in one go.

But keep it a secret.

Be careful.

helpfull
07/11/2023
23:04
"in alignment with the historic distribution, confirming the reactivation ability"

"indicating the scope for multiple potentially productive zones”


The scope for potential production is now aligned with the potential potential.

dead duck resources
07/11/2023
22:42
Nice little run up to base camp 1p in the next month or two me thinks.Then we can start the climb up the mountain 2p, 3p 4p and even 5p. Market cap would still be rather small even at those prices
taffevans
07/11/2023
19:34
excellent coverage by the arm chair trader:

Will Angola oil strike sustain the Corcel share price?
By Stuart Fieldhouse

6th November 2023

AIM-listed Corcel [LON:CRCL] was getting plenty of love last week as it updated the market on drilling results for its Tobias-13 onshore well in Angola. Corcel stock started last week at 0.42p in London but were trading up at 0.58 Friday lunchtime.

Corcel is an Angolan focused oil and gas company, with a range of appraisal and exploration interests in the region. Corcel’s primary assets are located in the Kwanza Basin, which is currently being reactivated after several decades of underinvestment.

Corcel interest in Angola’s reformed oil and gas sector
The company has a 20% working interest in the KON-11 block in Angola, which is operated by Sonangol, one of the biggest hydrocarbon operators in Angola.

Angola is consistently ranked as one of Africa’s top-four oil-producing countries, alongside Libya, Nigeria and Algeria. Following his election in 2017, Angola’s President João Lourenço has moved quickly to enact regulatory and structural reforms in the oil and gas sector which could benefit the sector in the long run.

Besides the amendment to the Petroleum Activities Law, government reforms included the creation of a new oil & gas regulator, namely the National Agency for Oil, Gas and Biofuels.

ANPG’s creation ended state-owned Sonangol’s multiple roles as regulator, concessionaire and operator in the country’s oil sector.

Further reforms include a decree under Angola’s privatization regulations that provides for the privatization of Sonangol. As part of the country’s four-year privatization program, Angola is planning to divest a 30% stake in Sonangol within the next five years.

“Sonangol̵7;s divestment of non-core companies and assets to focus on oil and to attract foreign investors will likely also increase investor and operator confidence, as will enhancements in governance and transparency generally in the Angolan oil & gas industry,” said Mukhund Dhar, a partner with White & Case, a law firm specialising in the international oil and gas sector.

Highly encouraging initial results for Tobias-13 well
“The initial results of the TO-13 well are an important moment for Corcel and highly encouraging, having successfully demonstrated hydrocarbons across multiple potentially productive zones and multiple intervals,” said Antoine Karam, executive chairman of Corcel.

Karam said TO-13 looks to be the cornerstone development of a future EPS and provides Corcel with line of sight to near-term revenue generation. The testing programme should give Corcel invaluable data on how best to deliver on that goal.

The drilling results for the TO-13 well were positive, with oil shows found throughout the Binga reservoir in alignment with the distribution seen in historic production wells in the Tobias field, confirming the ability to reactivate production in the field. Based on these results, the consortium is proceeding to drill a second well Tobias-14 (TO-14), with a rig move currently underway.

Sonangol have advised Corcel that the Tobias-13 well has penetrated the entire Binga reservoir section, with potential productive zones seen in multiple intervals. The well concluded with a total depth of 958.5m, and was drilled in a downdip location from historic production wells, indicating scope for significant remaining hydrocarbon production potential.

KON-11 is considered a brownfield development and includes the historically producing Tobias field, drilled, and developed by Petrofina in the 1960s and 1970s, and inactive since the late 1990s.

The Tobias field constituted 12 historic vertical wells, and Corcel and Sonangol both believe that revised interpretation of the existing structures along with the application of modern drilling and completion technology – including potentially horizontal drilling – will lead to a higher Original Oil in Place (OOIP) figure in the reactivated field being achieved.

Corcel also retains several additional mining interests, including exposure to nickel, cobalt, rare earth elements and lithium.

z1co
07/11/2023
19:29
Pharmacal all in!
kemche
07/11/2023
19:23
Do you believe them?

I do.

That richee666 is noted for his integrity.

Be careful.

helpfull
07/11/2023
17:24
Align Research has just tweeted that they are not going to sell any more until market cap is 20 - 25 million. UNLUCKY DERAMPERS
taffevans
07/11/2023
16:07
Thanks kem
z1co
07/11/2023
16:01
All believers in Colin are holding steadfast for the next gusher.
kemche
07/11/2023
16:00
Only buyers left now. NT to buy. All sold out.
kemche
07/11/2023
16:00
A lot have panicked and sold out at the lows
z1co
07/11/2023
15:58
Still here buddy.

I was going to more more today , then changed my mind but i have a few million.

z1co
Chat Pages: Latest  197  196  195  194  193  192  191  190  189  188  187  186  Older

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