Corcel Share Discussion Threads

[bambos22] 04/1/2021 09:50

Oh dear. The derampers are in for a shock . Company is fully funded and ridiculously cheap... Onwards and upwards from here... Massive interest on social media...

[helpfull] 04/1/2021 08:40

Is that the first pump and dump of the year I hear? Lots of small trades. Like Thursday. Sounds like someone trying to start an engine with a flat battery. Shame. It's stuck in the mud. Shovels ready. Has the next cash raise been signalled?

[leewink1] 01/1/2021 20:21

... You missed the rise I take it ?

[helpfull] 31/12/2020 15:49

End of year school report for Corcel.

Share price at start of year : 3.5p.
Share price at end of year : 1.075p.

Number of shares in issue at start of year : 87,000,000.
Number of shares in issue at end of year : 292,000,000.

Market capitalisation at start of year : £ 3.05 million.
Market capitalisation at end of year : £ 3.14 million.

Number of cash raises during year : 4.
Value of cash raises during year : £2,261,000 (£831,000 + £470,000 + £210,000 +
£750,000.

Percentage of Mambare at start of year : 50%.
Percentage of Mambare at end of year : 41%.

Amount of nickel produced : zero.
Amount of cobalt produced : zero.
Amount of vanadium produced : zero.

Be careful.

[mrzippo] 31/12/2020 13:21

I was looking for James Parsons 'go fund me' page - is this it?

[kemche] 31/12/2020 12:12

2021 - the year of the shovel

And fundraisings - of course.

[bambos22] 31/12/2020 11:58

CRCL the star of 2021as battey metals and green energy , focus on Britain comes in to play!

[helpfull] 29/12/2020 14:04

Aren't first revenues from Southport due by end of 2020 or in two days time? Or has Southport been buried? Perhaps that is the meaning of "shovel ready"? Be careful.

[kemche] 29/12/2020 13:09

Was that your's bamba?
Will the shovels appear in 2021?

[bambos22] 29/12/2020 12:38

1million buy Happy New Year 2021..

[kemche] 29/12/2020 10:53

zippo - we are awaiting the news richness and the shovels.

[mrzippo] 29/12/2020 10:17

Did the value inflection thing happen?

[mrzippo] 21/12/2020 09:09

Did the news-rich thing happen?

[edward hopper] 08/12/2020 21:37

6% of the company got traded today after their own broker Monecor announced they had sold 4.5% of the company , 9.2% of CRCL still remains with Monecor for the moment .




"Broker Appointment

The Company announces that Monecor (London) Ltd (trading as ETX Capital) has been appointed Sole Broker to the Company subject to a three-month transition period."



With £400k in the bank end of June 2020 plus a further £750k raised you would imagine they are well capitalised . But Burwell costs/loan inc acquisition may have been around £200k and Wowo cost were £350k add to that £400k admin for the 6 months and that only leaves £200k left in the kitty.


Not remotely surprised it has fallen again today , as the penny drops on this penny share.

[kemche] 08/12/2020 21:02

Helpfull, A bit of "news richness" first to whet the appetite perhaps? A return of Bamba to help matter along? The Doc an Zak on standby.

[helpfull] 08/12/2020 20:28

The TR-1 holding(s) RNS dated 8th Dec 2020(today) says the threshold was crossed on the 30th Oct 2020. Cannot be so. The original Monecor of holding upto 13.62% only occurred on 2nd Nov 2020. Hate to be pernickety. Expect the broker holding to be further reduced. Are these shares the rump of the 26th October placing? Does it mean the next placing is already pencilled in? Be careful.

[kemche] 08/12/2020 15:29

News richness incoming.

[edward hopper] 07/12/2020 16:33

RGM RNS 5th Dec 2019


"The Company has further been informed by YA II PN Ltd and Riverfort Global Capital Limited that, following the subscription for the New Loan Notes, both parties have granted an option over their interests in the New Loan Notes, totalling £729,272, to C4 Energy Ltd ("C4"), a UK incorporated private company.



A small residual balance of convertible loan notes, representing £30,000 of principal, will remain payable by the Company in May 2020 on the existing convertible loan note terms, and the warrants associated with this note will remain in place under the existing terms as announced on 14 January 2019."


Short term borrowing for the half year results in March read £760k where as end of year results in Dec showed that this debt had been moved to long term debt.I am guessing C4 didn't take up their option .If correct then CRCL appear to be now holding £760k of debt left over from their RGM miss adventures.

[kemche] 07/12/2020 06:31

Confetti ahoy to welcome in 2021? Surely it has to be on the cards. No doubts talks with the Doc have already been commenced for the usual services. Rope in the Sith lord and off we go.

[edward hopper] 01/12/2020 17:03

Now trading at a new 3 month low and the lowest the share price has been since it changed its name in an attempt to mask its past.Why have their partners sold half the asset for only £90k if its such a money spinner and why do CRCL now own 100% of something they know even less about than they do geology.


Also as suspected their finals result showed £30k lease liability presumably thats ground rent for Southport pa.

Equating to 3 million new shares being issued every year just to keep that story alive and spinning.


When you think about it this time last year we were 0.3p before a 10-1 consolidation taking us to 3p but that was still 0-3p in old money meaning todays 1p is really 0.1p.Thats a 70% drop in share price value in less than 12 months.

[edward hopper] 01/12/2020 11:45

£760,000 of new long term debt showing in their accounts that wasn't there the year before might have something to do with that statement.

[kemche] 01/12/2020 11:06

SOUND/CORO/Echo/Nuog/AST

And now CRCL!

[helpfull] 01/12/2020 10:35

I'm no expert. But does it mean another cash raise? Would that be the fourth or fifth in a year? Last December there were 86,000,000 shares in issue. Now it's over 291,000,000. Be careful.