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CRCL Corcel Plc

0.18
-0.005 (-2.70%)
13 Jun 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
  -0.005 -2.70% 0.18 0.17 0.19 0.185 0.18 0.19 2,963,227 12:52:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -2.25 2.88M
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 0.19p. Over the last year, Corcel shares have traded in a share price range of 0.105p to 1.375p.

Corcel currently has 1,599,528,988 shares in issue. The market capitalisation of Corcel is £2.88 million. Corcel has a price to earnings ratio (PE ratio) of -2.25.

Corcel Share Discussion Threads

Showing 5026 to 5046 of 5800 messages
Chat Pages: Latest  208  207  206  205  204  203  202  201  200  199  198  197  Older
DateSubjectAuthorDiscuss
24/11/2023
11:08
They will flow test Colin 2 first upon reaching target depth.

It will be a gusher but by what margin?

It could be any amount from 2500 bbls/d to 10,000 bbls/d or maybe even higher.

Even a 3000 bbls/d at 18% net will generate substantial amount of cash for this micro cap

With oil currently at around £80/barrel @ 3000 bbls/d will yield $1.3m per month from each Coiln well.

Now that will be transformational for this company.

The shares at 0.5p represent exceptional value.

z1co
24/11/2023
10:42
Classic treeshake to let Leni and Pharmacal in on the cheap.

Go Colin 2!

I continue to average down.

kemche
24/11/2023
10:33
The Kon-11, Kon-12 and Kon-16 blocks contain the previously producing Tobias and Galinda oilfields which hold about 85 million barrels of contingent resources and could be redeveloped, as well as exploration prospects that could host 1.4 billion barrels of oil.

The Tobias and Galinda fields were exploited by Petrofina in the 1960s-1980s and produced about 30 million barrels in total at rates up to 17,500 barrels per day.

z1co
24/11/2023
08:08
Comments on ADVFN this week, wibble, wibble, wibble.
mark10101
23/11/2023
20:08
🤣🤣🤣
kemche
23/11/2023
20:00
lse CRCL comments of the week

3. "I’d recommend a buyback over dividends"

2. "If corcel starts share buybacks that could neutralise the warrant shares"

1. "We could RTO it [the Canegrass exploration tenement] on the ASX. I have yet to see an RTO that was negative for shareholders. Lets see what these rock chip samples show"

dead duck resources
23/11/2023
13:41
Canegrass, £20k and 200m shares bought from Leni will be another gusher.
kemche
23/11/2023
13:39
Why would they find oil shows if it wasn't a gusher?????

700 million barrels!!!!

GLA LTHers!

I continue to average down.

kemche
23/11/2023
13:32
Ok, how about you stop posting on CLCO with your annoying false drone, and i'll stop here. Agreed? we filter each other like grown ups and move on with our investments.
premium beeks
23/11/2023
13:20
DDR

You know it will be a guuuuuuuuuusher.

By how much , that's the big question.

z1co
23/11/2023
13:17
Beeks of Araby

Iv'e already told you to f#ck off.

Since you're being a bellend i'll tell you again to f#ck off back to your dog share.

I think that will answer your pathetic question

Ho hum :)

z1co
23/11/2023
13:12
Damn straight.

Meanwhile you havent answeredthis Z1co. let me know if you need a hand.

QQ. If I bought at 0.5 this AM and "the price went up" as you said, how much profit excluding dealing fees would I make when the price is 0.48?


Take your time.

premium beeks
23/11/2023
13:09
Z1CO, thanks for posting the quote, we can see from that they're using column in the sense of a reservoir formation not 'oil column' which you mistook it for. No well test means no idea yet if there's any producable oil there.

The Angolans are using this work programme (on the country's only onshore oilfield) as marketing to drum up interest for other onshore bids. Anyone can see that.

dead duck resources
23/11/2023
12:55
How many times have we seen over the years after drilling that those "shows" become non commercial"?But hey, you might get lucky. Odds stacked against though imo.
premium beeks
23/11/2023
12:51
Nice try DDR

The Operator, Sonangol, has advised Corcel that the Tobias-13 well penetrated the entire Binga reservoir section (120m column).

The drilling results for the TO-13 well were positive, with oil shows found throughout the Binga reservoir.

z1co
23/11/2023
12:41
Did they actually find a '120m oil column'?

Or did the RNS say 'oil shows' in potentially productive zones encountered in intervals over a 120m section.

This was known pre-drill, it merely confirmed historic logs. Don't forget this field was drilled out and shut-in thirty years ago due to being uneconomic. The reality is it needs horizontal drilling and artificial lift to extract the leftover volume at a rate to make it viable.

dead duck resources
23/11/2023
12:35
LoL!More dusters than dacia!
premium beeks
23/11/2023
12:30
Colin 1 already drilled and has a 120m oil column.The well will be flow tested after Colin 2 which is being drilled.

These Colins peak production was 17500 bbls/d.

It will certainly be very interesting how much they guuuuushhhh when flow tested.

Oil sold will be transformational for this very small company.

z1co
23/11/2023
12:09
I fear these Colins will go the "McCrae" route.
premium beeks
23/11/2023
12:06
I feel PB is deliberately being an anti-whoosher knowing full well that both the Colins are gushers with more Colins on the way. We also know that the Leni venture will also be a huge success as all other Leni ventures have proven to be.

If he chooses to deliberately forego the whooshes than that is his problem.

Meanwhile I continue to average down.

GLA LTHers!

kemche
23/11/2023
11:14
Doggy stop playing imaginary games and start worrying about your dog shares debt.

Your dog company can't even pay the interest due on it's debt.

Your dog company will go bust because it won't be able to pay the debt.

Ho hum :)

z1co
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