Corcel Share Discussion Threads

[hedgehog 100] 17/3/2021 16:36

In any case, who's to say that Vision Blue Resources isn't looking to invest into CRCL too?

The fund was only set up a month ago:

"Launch of Vision Blue Resources, closure of US$60m fundraising and first
investment in NextSource Materials

Highlights
• Vision Blue Resources launched by Sir Mick Davis to rapidly build a portfolio of
strategically significant investments in battery mineral assets
• First fundraising of US$60m concluded in 5 weeks to complete imminent
transactions
• Initial investment of US$29.5m in NextSource Materials to:
o Bring high quality Molo Project in Madagascar into production in less than
1 year, with significant further expansion potential
o Investigate potential to produce purified graphite for lithium-ion batteries
in electric vehicles
• Pipeline of future investments already identified with further fundraisings by VBR
expected in 2021 in response to expressions of investor interest

London 8, February 2021 ...

Mick Davis said: ...
“The impact of rapidly growing demand for battery minerals is likely to lead to a surge in demand for specific commodities that will dwarf anything the mining industry has ever seen before, including the commodity impact of China’s industrialisation in the last 20 years. In combination with this surge in demand, a failure to develop new sources of supply highlights the need to ensure that critical mining assets are immediately financed and brought to production. ...
In addition to supplying traditional markets for graphite and rapidly growing electric battery materials markets the Project is well positioned to meet demand for heat dissipating materials in modern electronics systems including increasing needs for 5G rollouts.” "

[hedgehog 100] 17/3/2021 16:33

Rubbish!

The RNS very clearly states that institutional investors subscribed in the placing:

11/02/2021 07:00 UK Regulatory (RNS & others) Ascent Resources PLC Strategy Update & New Funding
" ...Issue of New Equity
The Company has today raised GBP1 million at an Issue Price of 10.1 pence per share which represents a discount of approximately 12.5 per cent to the closing bid price of 11.5 pence on 10 February 2021 by way of an oversubscribed subscription and placing of new shares to institutional investors and existing shareholders. ..."

[mrzippo] 17/3/2021 16:29

These are not Institutional investors buying in a la FAR. JP is a retail investor specialist, he knows how to fleece the PIs.

[hedgehog 100] 17/3/2021 16:22

I would add that JP has broadened AST's remit to include ESG metals, just as he has broadened CRCL's remit to include renewable energy developments.
And institutions have bought into this. -

11/02/2021 07:00 UK Regulatory (RNS & others) Ascent Resources PLC Strategy Update & New Funding
" ... ESG Metals Strategy
The Company has today included ESG Metals as a new target sector within its resource focused business. ESG Metals includes secondary mining and recovery opportunities which the Company sees as being consistent with Environmental , Social and Governance ('ESG') principles. Typically, these involve the reclassification, through highly efficient recovery techniques, of stockpiled surface mining waste (previously viewed as a liability for mining companies) as a valuable asset for reprocessing and commercial sale to industry, governments and metals traders. ...
Issue of New Equity
The Company has today raised GBP1 million at an Issue Price of 10.1 pence per share which represents a discount of approximately 12.5 per cent to the closing bid price of 11.5 pence on 10 February 2021 by way of an oversubscribed subscription and placing of new shares to institutional investors and existing shareholders. ..."

[hedgehog 100] 17/3/2021 16:15

MrZ,

You are clearly a CRCL-Parsons troll who is just here to post nonsense.
James Parsons was appointed to AST precisely because he is so well-respected by institutions. -

05/03/2020 15:54 UK Regulatory (RNS & others) Ascent Resources PLC Result of General Meeting and Board Changes
" ... James Parsons, aged 47, has today been appointed to the Board as Executive Chairman.
James has a wealth of corporate and transactional experience on AIM and a demonstrated ability to access capital to fund junior resource plays. ..."


Which he demonstrated with its fundraising just last month at over 10p:

11/02/2021 07:00 UK Regulatory (RNS & others) Ascent Resources PLC Strategy Update & New Funding
"Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European focused energy and natural resources company, is pleased to announce the addition of an ESG Metals Strategy alongside its current resource focus and that it has raised GBP1 million before expenses by way of an oversubscribed subscription and placing of 9,997,032 ordinary shares of 0.5 pence each ("Ordinary Shares") at 10.1 pence per Ordinary Share (the "Issue Price") (the "Placing Shares") (the "Placing"). ...
Issue of New Equity
The Company has today raised GBP1 million at an Issue Price of 10.1 pence per share which represents a discount of approximately 12.5 per cent to the closing bid price of 11.5 pence on 10 February 2021 by way of an oversubscribed subscription and placing of new shares to institutional investors and existing shareholders. ..."




So will you please stop telling lies or I will report you to ADVFN.

[rmart] 17/3/2021 15:55

This one is simply under the radar. A good announcement on any of the projects will start the re rate. The market cap is silly for what they have. If they get news out on a few of the project I can see double figures easy.

[mrzippo] 17/3/2021 15:55

FARs share price response is all about the Mick Davis appointment. Mainstream financial institutions respect him & will follow him.CRCL on the other hand have Parsons. Institutional investors view him as something they may have unfortunately stepped in and will cross the road to avoid him.

[hedgehog 100] 17/3/2021 15:53

Battery metals plays are finding it easy to raise funds at the moment, and at good prices.
Which isn't surprising given the amount of money trying to access this sector.

And once they do, they generally seem to move up sharply.
CRCL, still trading below the recent 1.25p premium placing, is an exception for the moment, which provides a real opportunity.

And when fundraisings become an opportunity rather than a threat, it makes life simpler for retail investors wishing to run their position.

[hedgehog 100] 17/3/2021 15:34

RM,

Welcome to CRCL, and well done on your success this week with another vanadium play, i.e. FAR (Ferro-Alloy Resources) -




Currently 25.4p (market capitalisation £83.97 million), after announcing a fundraising at 9p on Monday:

15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited

"Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman

Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment.

Highlights

-- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ... "




The parallels with CRCL are striking, and it just goes to show that one good RNS can trigger a stellar breakout upwards.

Watch this space!

[kemche] 17/3/2021 15:05

RRR and CZN look interesting too.

[kemche] 17/3/2021 15:03

This will be in the eye of the storm soon.
We need some charts for other companies that went stratospheric.
Can anyone help?

[hedgehog 100] 17/3/2021 14:40

"Metals Are Soaring on a Green Frenzy and Global Recovery

Bloomberg News
February 19, 2021, 2:01 AM GMT

Economic optimism is fueling gains across industrial materials
Commodities key to clean-energy transition get added boost

Industrial metal prices are powering to the highest in years on bets an economic recovery from the pandemic and worldwide push for cleaner, greener energy will unleash vast amounts of pent-up demand.

From base-metal bellwethers to essential inputs for batteries and home electronics, post-crisis consumption threatens to outstrip near-term supply. Governments and companies globally are announcing net-zero emissions goals, Europe is rolling out a package of environmental initiatives as part of its growth plan, and President Joe Biden has pledged $400 billion on clean energy research and development over 10 years.

That’s set to expand demand for metals and is boosting companies across the supply chain. Tesla Inc. has surged more than 300% over the past year on a robust outlook for electric vehicles, while miners including Glencore Plc and BHP Group are sounding increasingly upbeat about the outlook for raw materials. The growing bullishness has even spurred talk about a possible new commodities supercycle.

Here’s some of this year’s noteworthy moves from copper to tin and lithium. ... "

[hedgehog 100] 17/3/2021 14:30

"The 2021 Battery Technology Boom and How to Play It

... March 17, 2021

Dear Reader,

Renewable energy has come a long way in the past decade, and it’s still trending upward going into 2021.

These days, “carbon-efficient, all-natural” energy is the norm, incorporated into everyday life with an irreversible effect on society.

The International Renewable Energy Agency (IRENA) names renewable energy the backbone of global development and climate strategy.

In other words, our world has become dependent on renewable energy.

Production has increased exponentially and the world has doubled its capacity over the past decade.

But the main contributor to renewable energy’s success is the way in which we store that energy.

It has an enormous shelf life, which increases demand.

In fact, this growth will increase by 13 times in grid-scale storage by 2024.

This is a monetary equivalent of $71 billion.

Global Market Insights sees energy storage systems reaching $500 billion by 2025.

Energy storage including lithium batteries, solar panels, and microinverter-based storage systems allows this renewable energy boom to continue.

Not to mention energy storage also allows for a massive opportunity to enter the market in a very solid and secure way. ..."

[hedgehog 100] 17/3/2021 14:21

"Demand for battery metals to jump 500% by 2050

Cecilia Jamasmie | May 11, 2020 | 4:03 am Battery Metals News Africa Asia Australia Canada China Europe Latin America USA

Energy storage allows for the capture of energy produced at one time for use at a later time and is the key to ensuring a carbon neutral world. (Stock Image)
Production of battery metals such as graphite, lithium and cobalt will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the World Bank reported Monday.

According to the global lender, over 3 billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as the energy storage required to transition to a low-carbon economy.

Many of the critical minerals used to make batteries for electric vehicles are found in developing nations. The World Bank’s goal is to help those nations to mine those commodities in a sustainable manner to avert major ecological damage.

Mining the vast amount of key commodities the world will need is seen as the only path to achieving the goals of the Paris Agreement. The accord seeks to limit global warming to 2°C or less.

The Minerals for Climate Action report says the world will require global carbon emissions of greenhouse gases to be reduced by 50% by 2030 and to net-zero by 2050.

The finds confirm the premise of a first report, published in 2017, which warned that the more ambitious climate targets become, the more minerals and metals will be needed.

While renewables and energy storage technologies require more minerals, the carbon footprint of their production — from extraction to end-use — will account for only 6% of the greenhouse gas emissions generated by fossil fuels. ...

“This new report builds on the World Bank’s long-standing expertise in supporting the clean energy transition and provides a data-driven tool for understanding how this shift will impact future mineral demand,” Puliti says.

The World Bank’s updated predictions echo a February report by Moody’s, indicating that green, social and sustainability bond issuance is expected to hit a combined record of $400 billion just this year. That’s up 24% from the previous record of $323 billion achieved in 2019."

[rmart] 17/3/2021 11:50

yes, happy with my 1%, now sit back and await the progress news from all the projects. Way, Way under valued here imo.

[helpfull] 17/3/2021 11:44

I don't think you need to TR-1 your holding until it goes above 3%.

[rmart] 17/3/2021 11:37

I have now finished my buying. Holding 1% of the company now and looking forward to the coming share price rises.

[the_debt_collector] 17/3/2021 11:22

I would not be surprised to see peer Mast Energy go to a significant premium on listing day, this will show investor demand and interest in the energy storage space, will reflect very positively on CRCL.

The shrewd are taking positions, if Mast attain a £30m m/cap that would be nearly 10 fold higher than Corcel who currently have the same number of projects.

No wonder it is hard to buy in any meaningful size, get in if you can, even at 5p a share Corcel would only be valued at £15m

[pass the dutchy] 17/3/2021 11:20

ANA will be the UK’s leading cannabis producer (200 TONS per year that’s worth £400m)


Share price 1.45p
Only £8m mkt cap


Fastest growing sector worldwide
Will have first mover advantage in UK
Same growers as GW Pharma (just got sold for £5b)
4 biggest shareholders hold over 50%
BOD own 30%
Massively undervalued
Near term multi bagger on license approval
Partners with leading prof , scientists etc
Primed for a RTO/ main listing (price driver)
Under the radar (most chased MXC,CBX)
Looking to bring a product to market
Off take agreement in place already
Will be producing 200 TONS per year (200,000 kilos)
Has the most land out of every UK cannabis co (40 hectares)
Fully funded for phase 1
UK medical cannabis growing 20% month
Only 584m shares in issue
Hardly any available in open market
Will apply for a commercial license too







Targets and price movers :-

5p+ on license (imminent)
10p+ RTO/Main Listing
20p+ commercial license
£1+ when producing 200 TONS per year

Well worth taking a position whilst it’s still on the ground floor imo.

[the_sage1] 17/3/2021 11:10

The shares are very illiquid, it is in stocks like this you can make life changing gains if you time your entry correctly.

Corcel do appear to be undervalued, anyone caring to read the last broker note will see upside could be significant.

They have also attracted a very wealthy investor in Mr Zhang who took 12% of Corcel.

[kemche] 17/3/2021 10:07

The price differential between CRCL and RIO is stark. The market waking up to the anomaly now.

Another fundraising?

[rmart] 17/3/2021 10:00

Some buyers appearing now, should move to broker target of 3p pretty quick imo

[the_sage1] 17/3/2021 09:17

This is the broker note WC refers to, they offer a conservative target price of 3.19p a share.

[wealth_creator] 17/3/2021 09:09

The valuation disparity between MED & CRCL has been blatantly obvious for an age - certain entities see Corcel PLC as a cheap entry into the Energy Storage space.

Surprised no-one has related to the CRCL tie up with Align Research - they were integral behind the rise in Ascent Resources - from 2p to 15p recently

Follow their money !

[mark10101] 17/3/2021 09:00

Still sub the premium placing concluded recently, fantastic we will soon have a newly listed comparator company in Mast, and as suggested earlier that has the hallmarks of a strong rise on listing.