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CRCL Corcel Plc

0.335
0.00 (0.00%)
17 May 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
  0.00 0.00% 0.335 0.32 0.35 0.335 0.335 0.34 1,588,512 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -4.13 5.28M
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 0.34p. 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 £5.28 million. Corcel has a price to earnings ratio (PE ratio) of -4.13.

Corcel Share Discussion Threads

Showing 5626 to 5647 of 5750 messages
Chat Pages: 230  229  228  227  226  225  224  223  222  221  220  219  Older
DateSubjectAuthorDiscuss
25/3/2024
15:08
More for me.
2figaro
25/3/2024
14:48
Classic treeshake to let Pharmacal and Leni in on the cheap.
kemche
25/3/2024
14:35
City boys say they're poised
sandcrab2
25/3/2024
13:30
Sandcrab, don't forget the HNW individuals and Sovereign Wealth Funds!
kemche
25/3/2024
10:46
Brazil next.
GLA LTHers!

kemche
21/3/2024
19:32
Agreed. Could we have yet another gusher on our hands?
kemche
21/3/2024
19:29
Well a whiff of air anyway ...whatever about oil ... but let's hope news in the coming days ...GLA
tigin
21/3/2024
16:01
Seems to be a bit of excitement just now, is there a whiff of oil?
aberloon2
18/3/2024
15:54
Pharmacal the background buyer. Along with Leni.

NT to buy.

kemche
18/3/2024
14:53
Canegrass exploration RNS an important reminder of the ragbag jumble of projects here.
dead duck resources
14/3/2024
18:38
I'm expecting the first flow test results next week or early week after.
highly geared
06/3/2024
11:25
it's clickable on phone app, just does weird things on desktop
smackeraim
06/3/2024
11:03
Thanks. Make it clickable by making the HTTP capitals:
chinahere
06/3/2024
11:01
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/030524-interview-agile-angola-focused-corcel-on-track-for-first-oil-in-q4
smackeraim
06/3/2024
06:32
Houston , USA March 19th5 Mar 2024 19:56Courtesy of Vipasanna https://venturesafrica.com/apostories/connecting-united-states-investors-to-angola-angola-oil-gas-2024-to-host-networking-event-in-houston/ Energy company Corcel revealed positive drilling results at KON-11 in the Kwanza Basin in December 2023, indicating the strong return of onshore oil production in the country. Just the year before, US-based ExxonMobil made a discovery in the Bavuza South-1 well in Block 15, offshore Angola. To invite regular investment in Angola's oil and gas basins and unlock fresh new finds, the ANPG launched a six-year licensing round in 2019. The success of this multi-year strategy is seen through the growing interest in the licensing rounds themselves, with 53 bids submitted for the recent 12-block tender alone. We have a great mention in the article. If the Americans like what they hear on the 19th ? Boom ! lol
talais
02/3/2024
18:30
I’d like to think 1.5p-3p share price for CRCL depending on combined TO13/14 flow rates.
highly geared
02/3/2024
18:04
You can add another 390bopd to that.
dcarn
02/3/2024
15:09
3200bopd reported in January
talais
02/3/2024
15:02
As of q3 they where producing 2400 bopd,
talais
02/3/2024
13:29
Reckon about 2 weeks for TO14 test results then TO13 by mid April. The next 6 weeks may be transformational.

Lots of hypothetical valuation scenarios and considering historical results. I’m quietly confident of a 2000-4000BOPD net to CRCL range.

Reading across to another oiler AXL, their market cap is £65m and at around 4000BOPD so multiple upside here if we come in at the top end and hopefully 2x even at the lower end . A more direct comparison is AET, market cap £85m for c. 7000BOPD net allocation. The valuation will likely increase when their Azule transaction closes. That’s c. £14m for every thousand BOPD. Debt to consider but gives a steer around what good testing results will do for the share price.

highly geared
01/3/2024
13:25
https://www.adomonline.com/angola-oil-gas-2024-launches-in-luanda/
talais
01/3/2024
08:20
Top of leaderboard, will attract some interest,
talais
Chat Pages: 230  229  228  227  226  225  224  223  222  221  220  219  Older

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