Corcel Share Discussion Threads

[dicko80] 22/1/2024 08:27

News - good or bad will be released as soon as known

[kemche] 22/1/2024 08:13

Anyone else in karmic AST? Only the 3rd week of the year FFS!

[mark10101] 20/1/2024 10:02

An interesting week ahead for CRCL, is it possible the flow tests have been held back to be delivered along side the onshore bid round announcement. A solid result from the flow test would be a great launch pad for Angola’s aspiration of transforming their oil industry?

[mark10101] 20/1/2024 09:58

Hi Ed, yes, I think Wibble about covers it 🤣

[edgein] 20/1/2024 09:08

Mark,

Wibble.

Regards,
Ed.

[bmwman3] 19/1/2024 18:48

Boiler room sad poster

[bmwman3] 19/1/2024 18:48

Absolute rubbish from yourself as always pay no attention folks

[kemche] 19/1/2024 14:06

Classic treeshake to let Karma Pharmacal and Leni in on the cheap. Typical MMs.

Does anyone know what "layering" means. Asking for a Pharmacal.

[dead duck resources] 19/1/2024 14:03

44% above the CLN fixed price of 0.8p, you'd have to say it has a lot further to fall.

Overpriced and underwibbled on the thug life thread.

[jas2022] 19/1/2024 13:14

Quick check in, yep heading in that direction

[jas2022] 19/1/2024 11:12

Just enjoying watching the 200pc raise disappear in a few trading sessions

[dicko80] 19/1/2024 09:39

I guess we'll have to wait and see,my initial thoughts were the production from Q2 would finance the ongoing exploration probably in the galinda field but with the press release from the operator suggests production not till year end so I would expect that he'll have to fund at least this year

But let's wait for the updates to confirm the plan,I hope its a detailed plan forthe year ahead , PRD issued a comprehensive detailed plan which has been well received, just hope the operator gives us that info , to date it's been limited

[mark10101] 19/1/2024 07:16

Wider markets positive, big week coming up next week with potential licence awards and flow rates can’t be far away. MM struggling with a shortage of available stock, exciting times ahead.

[kemche] 18/1/2024 22:06

Their STOP are some of the finest in the market. Spiv end of the market. Just a thug nothing more.

[dicko80] 18/1/2024 20:37

i wrote to the company a few weeks back to get some clarity on the peak rates, unfortunately no reply

i thought the chart was overbought at 1p, today its 1.35p

can it go up further in the short term....

yes of course

my concern is the fully diluted shares in issue is now mounting up c4bn + shares, this includes the warrants and AK converting @ 0.8p

so on a fully dilutive basis mkt cap would be c£50m+

buying 0.25-.45 no brainer with AK funding at 0.8, but what now when he draws down more at 0.80p, how will the share price react, he's only taken £250k , you would like to think the money will be spent in Angola and but you need to factor in £9.75m at 0.8

the potential of EPS was rumoured to be as early as Q2, but the Sonagol official press release 3 or 4 days ago, stated production to be reactivated at the end of the year.... so this would be a strong negative to keep the momentum going

TO14 is drilled on the crest of the structure so optimal location, but i agree with Z1co i think it needs to flow at very high numbers, to sustain any further increases in mkt cap with the share price already up some 500% from the low

[z1co] 18/1/2024 18:34

For the company to achieve a £50m plus market it needs the flow rates to be in excess of 5,000 bopd.

Not forgetting CRCL has 20% ( 18% net )working interest.

Market cap at closing price is already £20m so 3,000 or 540 bopd net to CRCL will NOT take the share price any higher.

In fact sellers will be all over this.

I'm hoping for at least 10,000 bopd from TO-14.

[ronson333] 18/1/2024 17:58

Anything over 3,000 barrels a day from Tobias 14 would be a good result..

[z1co] 18/1/2024 16:47

We're all hoping for good flow rates from TO-14 in excess of 10,000 bopd.What will happen to the share price if the flow rates are NOT that good ?.

[deanmatlazin] 18/1/2024 16:10

UPL gone up 1000% on hot air. They not even drill.

200% up is nothing nowadays. At least CRCL got real oil rather than other companies that only has licenses without even spudding. Difficult to find the good one in AIM market.

[z1co] 18/1/2024 15:59

How much further the shares rise will depend on how the well flows.Share price is already UP by more than 200% from the lows of December in anticipation of good flow rates from TO-14.

[deanmatlazin] 18/1/2024 15:38

looking for 1.5p to close and with good news regarding flow result, this should double to 3p/share. Fingers crossed.

[tigin] 18/1/2024 14:17

5p ...with good results and a start date for recovery ?