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CRCL Corcel Plc

0.36
0.00 (0.00%)
Last Updated: 08:00:00
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% 0.36 0.32 0.40 0.36 0.36 0.36 1,288,554 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -4.50 5.76M
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 0.36p. Over the last year, Corcel shares have traded in a share price range of 0.23p to 1.375p.

Corcel currently has 1,599,528,988 shares in issue. The market capitalisation of Corcel is £5.76 million. Corcel has a price to earnings ratio (PE ratio) of -4.50.

Corcel Share Discussion Threads

Showing 5376 to 5397 of 5750 messages
Chat Pages: Latest  218  217  216  215  214  213  212  211  210  209  208  207  Older
DateSubjectAuthorDiscuss
04/1/2024
08:52
Recovering strongly
z1co
04/1/2024
08:25
Back up to .90p to buy
dicko80
03/1/2024
19:15
t.me/
CorcelPLC

No gaps

dicko80
03/1/2024
19:07
Does anyone have the link to the Telegram group?
henley2
03/1/2024
17:11
Agree Steve, we've had intraday RNS before ,with a bit of luck, I think this could be life changing 🤞

Rumours on telegram testing has started so may get an update tomorrow

dicko80
03/1/2024
16:08
5-7% Traders all over this. Risky business should a Positive RNS surface with Flow test results. I expect a few diving back in each day, late on, before the bell. Not for me, too busy, buy and hold.
steveberyl
03/1/2024
12:03
Good post Lexion

Net backs we are not sure but we know the field qualifies for better fiscal terms , reduction in tax etc

I would expect v good payback with high flow rates also

dicko80
03/1/2024
11:48
My thoughts- I'm hopeful we can reach 3000 bopd net to CRCL from the first 2 wells No one has talked yet about net backs but let's assume $45 So 3000 x 45 x365 gives $49m a year On a multiple of 3 we should be trading at a market cap of $147m or 10x from here Simplistic I know but gives an indication of where we are heading GLA
lexion
03/1/2024
10:15
Of very significance is that the historic well TO-4 produced 12,580 bopd (peak) despite only penetrating the first 8m of the reservoir.

TO-14 has multiple pay zones in the 80m oil column.

The big question remains how much will TO-14 flow and from which zone ?

z1co
03/1/2024
09:54
Agreed 👍

If you watch this video from early Sept, looks like production facilities are already in place

Remember to translate into English using CC

dicko80
03/1/2024
09:07
The shares are likely multi bag when TO-14 is flow tested.

The well has been drilled in close proximity to the historic well TO-4 which produced at it's peak 12,580 bopd.

z1co
03/1/2024
08:18
Not sure if the lithium and REM are part of the business plan so will be interesting to see if these are sold on
dicko80
03/1/2024
07:58
Chinese are conspicuous buyers of any Lithium discoveries. Seems to be a buying war developing between East & West
steveberyl
03/1/2024
07:48
Mkt cap £14m

Net contingent resources 11.7mmbbls

Priced at just £1.20per bbl

Should be between $3 -6 per bbl,
in the ground $3,
on discovery $6 per bbl
Flowtest $10 perbbl

Production expected Q2 so quick turnaround and value needs to increase significantly

Both wells have multiple zones to test,  with each zone a potential producing zone over very large oil columns in both wells 120m & 80m which is highly fractured

It's now becoming clearer the potential  production numbers discussed on here many weeks ago become reality

6,000 bopd net to corcel 2024

6,000 x $80 x 365 days =

$175,200,000 gross revenues to corcel

12,000 bopd net to corcel 2025

12,000 x $80x 365 days =

$350,400,000 gross revenues to corcel

Asset sales due covers £6m

REM update also pending

Lithium update pending

BRAZIL Opps under review for sometime

Angola exploration upside 300mmbbls +

Angola tenders submitted for additional licences

So much going on 💥🗯💥🗯 8165;

dicko80
02/1/2024
21:25
Towards the close buying was restricted to just 500,000 @ full offer of 0.87p , it means a strong start to the session tomorrow with or without news.

Shares are likely to continue to rise higher in advance of further news.

z1co
02/1/2024
19:57
Thursday sees 39,285,714 new CRCL shares available to trade, bought last week for 0.21p

Sellable for a 300% profit but exercised (we hope) to simply stare at the certificates

dead duck resources
02/1/2024
19:26
I think they'll also re-enter the old producing wells, sidetrack from the vertical wellbores to drill horizontal wells, these to have multiple branches off to intersect the reservoir to create numerous production lines , 2 or 3 per well

to significantly ramp up production from the historic 7 producing wells as well as the 2 new wells just drilled

#FDP 💥💥💥

dicko80
02/1/2024
18:20
Flow rates from TO-14 could be as high as the historic well TO-4 but even if it flows just 5,000 bopd the company has a 20% working interest (18% net) which means it will receive 900 bopd.

With the price of crude at around $75/barrel , that's more than $20 million per year from just one well.

This rise is just the beginning , the shares could rerate by more than 10 fold over the next 6 to 12 months.

z1co
02/1/2024
17:48
Hi "Richie", Wishing you and all the little Pharmacals a Happy New Year. May 2024 bring you a bounty of SOTPs!
kemche
02/1/2024
17:39
Cracking day 👌
dicko80
02/1/2024
17:30
Another 1,000,000 @ 0.83p when the price was 0.82p v 0.83p reported after the close.

Volume nearly 70 million.

z1co
02/1/2024
17:23
Hi "Kemche"Ill deign to wish u a Happy NY. Merely enjoy watching karma play out...Good game, good game..;-)
richie666
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