Corcel Share Discussion Threads

[dicko80] 28/12/2023 16:17

Agreed , anything below financing is a gift

0.80p

[dead duck resources] 28/12/2023 16:10

A kick in the teeth those 0.21p warrants

[z1co] 28/12/2023 15:54

Peeps taking profits far too soon , this well has been drilled in close proximity to the historic well TO-4 which produced at it's peak 12,580 bbls/d despite only penetrating the first 8m of the reservoir.

[dicko80] 28/12/2023 15:38

Thanks Mortal1ty, 30 api light oil, 31% recoverable

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Hopefully increased OIP after today's RNS and our net share will increase from 11.7mmbbls recoverable

[mark10101] 28/12/2023 15:34

NT for more than 1.25m shares for me so pretty tight given the action today.

[steveberyl] 28/12/2023 15:33

Little jiggery pokery going on with published trades, I think the final day total could be 150m plus

Also expect rush to get back in before final bell.

[z1co] 28/12/2023 14:19

Another attempt by the MM's to get some shares from traders before taking the price to around 1p

[z1co] 28/12/2023 14:16

Drilling techniques have improved over the last 30 years.
With the horizontal drilling still to come the flow rates could well be higher than historic peaks.

TO-14 with it being so close to TO-4 could well flow around 5,000 to 10,000 bopd.

[kemche] 28/12/2023 13:59

Pharmacal and Leni the background buyers.

[smackeraim] 28/12/2023 13:27

Going good guns now. Well done all holders. Poor dead duck .. whatabout this whatabout that lol

[firestarter1] 28/12/2023 13:19

Align now dumping be very cqreufl

[dicko80] 28/12/2023 13:11

Back to 1.5p on the chart then 2p

[hotorcold] 28/12/2023 13:09

Once we clear 1p this will move in bigger chunks

[z1co] 28/12/2023 13:05

Every time MM's drop the price buys come in thick and fast and they have NO choice but to increase the price.

With the flow test very likely to be positive my short term target is 1p to 1.5p and that's being very conservative.

[dicko80] 28/12/2023 12:53

12mmbbls net to corcel now likely to be more

Minimum in the ground value $3 perbbl

£29m mkt cap

Way below this currently

With increased resource and flow rates to come and near term production

With further 300mmbbls net to hunt

Just the beginning

[steveberyl] 28/12/2023 12:49

0.75 paid for 500,000 seems word is spreading fast. 1p later perhaps ?

[z1co] 28/12/2023 12:33

Only a few buys at 0.73p and it's gone NT

[z1co] 28/12/2023 12:30

Even though the MM's have increased the offer price to 0.71p , you still can't buy even 50,000 shares.

[steveberyl] 28/12/2023 12:27

Flow test results should not take that long, £25m Mkt Cap, easily possible on reasonable flow test. This will become a ripper when Market re-opens again after New Year. Currently in slow motion with depleted investors imho

[z1co] 28/12/2023 12:26

Can't buy a bean @ 0.70p , shares are poised to rise more and so they should

[z1co] 28/12/2023 12:03

dean

I'm convinced it will kick off from here the operator will begin to clean up the well immediately and then flow test it.

The market cap is still considerably low.

[deanmatlazin] 28/12/2023 11:56

market not wake up to the news yet. i am sure many still on holiday and will come back after new year. hope it will kick off big time next week.