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CRCL Corcel Plc

0.13
-0.05 (-27.78%)
14 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
  -0.05 -27.78% 0.13 0.13 0.14 0.18 0.135 0.18 21,030,194 16:45:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -1.63 2.08M
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 0.18p. 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 £2.08 million. Corcel has a price to earnings ratio (PE ratio) of -1.63.

Corcel Share Discussion Threads

Showing 5101 to 5120 of 5825 messages
Chat Pages: Latest  209  208  207  206  205  204  203  202  201  200  199  198  Older
DateSubjectAuthorDiscuss
08/12/2023
11:12
It looks like Colin 2 will be huge a gusher even bigger than Colin 1 :)

Shares are no-brainer at sub 0.50p.

z1co
08/12/2023
11:07
What's happening wibble :)
z1co
01/12/2023
12:06
There's no point in trying to deramp Corcel to lower the share price.

Scottie is still pulling the strings in the background.

Leave him do what he does best.

His track record is second to none.

Be careful.

helpfull
01/12/2023
10:24
DDR

Your attempt to deramp is not working the share price is UP slightly this morning.Colin 2 is being drilled towards the target depth

It's all about what the flows will be.
The drilling results for Coiln 1 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

How much will these Colins guuuush !

It's gone to full offer to buy at 0.48p.

z1co
01/12/2023
00:05
Ddr, will you please stop reading the accounts wrongly?
kemche
30/11/2023
23:30
mark is right to wibble with excitement over these results, they're truly something.

- "The lithium exploration rights at the Canegrass tenement are overlain on a third party nickel license". Overlapping exploration rights! Interesting and post-modern!

- "After year-end the Company reached a position of being debt-free for the first time in several years." Debt-free baby!

"Also post year-end Corcel agreed to draw down convertible debt from Extraction SRL.
Corcel now owes Extraction SRL £1,000,000 which will increase to £2,000,000 shortly.
Up to £8,000,000 more is to be mutually agreed over the 3 year term and the Company
has agreed the balance of the facility can now be made available for early drawdown"

- Director Emoluments
J Parsons £302,000 including £30,000 bonus
S Kaintz: £236,000 including £35,000 bonus

dead duck resources
30/11/2023
12:16
"with oil shows and multiple potential production horizons throughout"

The shows are clearly there with potential!

"The Directors anticipate having to raise additional funding to meet the ongoing spending projections and working capital requirements of the business, most likely through debt instruments over the course of the financial year."

Natch.

Looks like they are informing the market of Junior's imminent exit. Poor sod.

Otherwise an excellent set of results!

GLA LTHers!

I continue to average down.

kemche
29/11/2023
16:51
I'm usually knocking about!I know little about the company however can agree with Z1co on one thing - modern practices will very much improve any reservoir yields on discovery and commercialisation.Best of luck all,PB
premium beeks
29/11/2023
12:26
Where's Beeksy?

Sorely missed.

Be careful.

helpfull
28/11/2023
14:22
Ignore the derampers like Angola's Economy Minister, fossil fuels are bang on trend.

"The energy transition makes it even more urgent to diversify the economy." Economy Minister Mário Joao has launched programs to do just this. His goal is for 80 to 85%
of Angola's energy supply to come from renewable sources in the medium term. "It's a question of survival, because oil is coming to an end", says economist Carlos Rosado
de Carvalho, adding the country's known oil reserves won't yield much after 2035."

dead duck resources
28/11/2023
12:49
These Colins will definitely flow

If they even a flow a minimum of 1500 bopd we are entitled 270 bopd net at 18%.
That's 540 bopd from the 2 Colin wells generating a revenue of over $15m/year.

With the modern drilling techniques they will flow a lot more than 1500 bopd.

In meantime i continue to buy at sub 0.5p

z1co
28/11/2023
11:58
Classic treeshake to let Leni and Pharmacal in on the cheap.

Colins gushing like there is no tomorrow.

kemche
28/11/2023
11:55
Now the general meeting is out of the way with Mambare exit approved by shareholders the Aussie JV partner can once again exercise its rights to snub the deal. Meanwhile the price is falling on spud fears, with the field only having a 1 in 2 success rate.
dead duck resources
26/11/2023
09:53
I see what you mean about chickens and eggs.

I got carried away last night and ordered a rampant black horse on the internet.

Now I've to find it some stables before it arrives.

Be careful.

helpfull
25/11/2023
19:20
I already have my chickens. Now for the eggs.
kemche
25/11/2023
19:18
Be carsful.

I like it!

kemche
25/11/2023
18:53
No. I'm not greedy.

One Ferrari.

Be carsful.

helpfull
25/11/2023
16:25
Helpful

Do you mean one Ferrari for each well ?

And i'm being very careful in what i post.

z1co
25/11/2023
16:22
CRCL has a very small mkt cap so even if these Colins flow at only 1500 bopd we are entitled 270 bopd net at 18%.

That's 540 bopd from the 2 Colin wells generating a revenue of over $15m/year.

So it's a WIN WIN for the company and it's shareholders.

And if these Colins flow more than 1500 bopd then it's all the merrier.

Even at 1500 bopd the shares will whoosssssssssssssh past the 2p

:)

z1co
25/11/2023
16:17
"That was nearly 30 years ago"

Well, it is a vintage Ferrari for me then.

Be carsful.

helpfull
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