Corcel Share Discussion Threads

[rmart] 18/3/2021 09:04

2011 ! lol...

[greekhovel] 18/3/2021 08:53

So Andy Zhang Chi, a billionaire & chums with Roman Abramovich has taken a material position in tiny Corcel PLC via Aurora Nominees Limited who hold 40,126,372 shares (12.49% of CRCL) in their client account.

Rather interesting.

[rmart] 18/3/2021 08:51

They will, soon enough. But not in the penny bracket.

[simonparker5] 18/3/2021 08:23

If it is so cheap why is nobody buying these?

[the_debt_collector] 18/3/2021 08:20

Either Mast Energy (£20m m/cap on IPO) are overvalued or Corcel are very seriously undervalued at £3.5m m/cap, however Mast Energy IPO was heavily oversubscribed, both have the same number of indentical projects

Tells you Corcel is dam cheap.

[rmart] 18/3/2021 07:29

Mambare was worth £40m market cap on its own. Once they get it sorted the market cap will reflect that. And that is only 1 project. That is a 10 bag from here alone.

[mrzippo] 17/3/2021 23:17

Havent had such a good laugh in ages! Much appreciated in these dark times....

[kemche] 17/3/2021 21:23

Richie usually does very well.
:)

[hedgehog 100] 17/3/2021 20:36

Oilplayer2009@Oilplayer2009·Jan 17

"#CRCL (1.2p) Mambare #NICKEL project could contain $130b of resource - Corcel owns 41% stake - valuation taken from partner Oro Nickel website
hxxps://batterynickel.com/project
Mambare project stake once took #CRCL to a £40m m/cap - #CRCL now sub £3m m/cap ?
Multi bag opportunity

10 mill tonnes possible contained Ni metal in site, face value $130B
1.5 mill tonnes of contained Ni metal in current JORC resource face value ...
Ni grades up to 3% with site average closer to 1%
Can grow resources to 250 mill tonnes and beyond
Eventual processing plant
Mine life already 30 years @ 40,000 tpa Ni output
Can grow up to 30 years @ 80,000 tpa Ni output"




The current nickel price is over US$16,000/tonne, so Mambare's possible 10 million tonnes of nickel has a current in situ value of over US$160Bn.
Even just the nickel already proved up to JORC standard has an in situ value of about US$25Bn.

[mrzippo] 17/3/2021 20:01

Could have taken you seriously until the Mambare is worth $100 Bn comment!

[hedgehog 100] 17/3/2021 19:18

The "Green New Deal" supported by the new US President Joe Biden should provide a massive ongoing boost to battery metals miners.

11/12/2020 16:33 UK Regulatory (RNS & others) Sunrise Resources Plc Replacement: Final Results
" ... We are pleased to see further encouraging market developments for our two key mine products this year. The outlook for natural pozzolan demand is bright as the supplies of the fly ash we seek to replace continue to decline with the continuing closure of coal-fired power stations across the USA and the increasing reliance on cheaper and greener renewables and natural gas. We expect this will accelerate under the "Green New Deal" supported by President-elect Biden and as many large institutional investors turn their backs on further investment in the coal mining industry. The market for horticultural perlite, although mature, has reportedly been very strong in 2020 helped not least by an increase in gardening activities during COVID-19 lockdowns and restrictions. ..."

[mark10101] 17/3/2021 19:04

Not sure why the link was not working but found it, nice to have the new thread. Exciting times.

[hedgehog 100] 17/3/2021 18:56

The battery market is set to be worth a colossal EUR250 billion p.a. by 2025.

It will be interesting to see if CRCL joins the European Battery Alliance, like IronRidge Resources, to help it capitalise on this vast and growing market.

27/08/2020 06:00 UK Regulatory (RNS & others) IronRidge Resources Limited IronRidge Joins the European Battery Alliance
"IronRidge Resources Limited (AIM: IRR, "IronRidge" or the "Company"), the African focussed minerals exploration and development company, is pleased to announce it has been accepted as a member of the European Battery Alliance ("EBA250"); an organisation committed to driving a competitive and sustainable battery industry in Europe by 2025....
The unique network includes the European Commission, EU member states and the European Investment Bank, with the objective to build a strong pan-European battery industry that can help Europe capture a growing market expected to be worth EUR250 billion/year from 2025. ..."

[mark10101] 17/3/2021 18:01

RMART, that link suggests it is for blue members only. I believe as a blue member yourself you can set up thread that everyone can access but still block the numpties.

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

Thanks RM, and well done.

The degree of progress under the new regime here, in such a relatively short space of time, much of it covered by the pandemic, has been simply breathtaking, and shows just how good the new management here is.

Here's a brief summary:

1. MAMBARE NICKEL-COBALT PROJECT.

The historic partner dispute has been settled, and the first exploration work conducted there for nearly a decade.
This is clearly a quite massive leap forward.
All the costs, time, and uncertainty of the dispute have been removed, and with it the risk of CRCL potentially losing the project entirely, which can sometimes happen in a dispute.
And the partners, instead of burning their time and money fighting over the project, are now instead working together to progress the project.
This is clearly infinitely better.

01/12/2020 07:00 UK Regulatory (RNS & others) Corcel PLC Final Results
"On 7 April 2020, the Company successfully resolved a historic partner dispute and announced the terms of a settlement covering historic expenditures, which saw the Company reduce its immediate interest in Mambare to 41% and pay USD 50,000 in cash, issue 4,909,610 new ordinary shares and issue 4,909,610 warrants to its partner, Battery Metals Pty Ltd, who simultaneously waived all claims. The parties, at the same time, executed an amendment to their development agreement and are now aligned and working productively together.
The Company also conducted, during the period, the first exploration activities at Mambare since 2012, ..."


2. WO WO GAP NICKEL-COBALT PROJECT.

Acquisition of debt that could well be used as leverage to acquire some/all of the Wo Wo project from RMI, who last month acquired a nickel project in Tanzania.
An independent valuation of the WoWo Gap project was conducted in 2009 and valued the project at AUD 168m. But that was at the bottom of the mining cycle, so the potential valuation now is far higher.

01/12/2020 07:00 UK Regulatory (RNS & others) Corcel PLC Final Results
" ... With a view to acquiring battery metal resources, prior to the expected structural price increases, and introducing a second PNG project that is potentially highly complementary to Mambare, the Company announced on 7 April 2020 the partial purchase of the corporate debt of Resource Mining Corporation Pty Ltd (ASX: RMI) ("RMI"), the 100% owner of the WoWo Gap nickel-cobalt project in Papua New Guinea ("PNG"). RMI currently has a renewal application pending, covering the EL1165 exploration license, encompassing the WoWo gap project. The acquisition involved the Company purchasing AUD 1.7 million of debt in RMI for a consideration of GBP178,096 cash and 13,288,982 new ordinary shares of the Company (representing a 62% discount to the face value of the debt or at full face value an effective issue price of Regency Mines Plc shares of 5 pence, a 376% premium to the prevailing share price. ..."


3. BURWELL BATTERY STORAGE & SOLAR PROJECT.

Acquisition of the Burwell battery storage & solar project, completion of a positive project economic review, and receipt of both planning permission and a grid connection for the project.

01/12/2020 08:00 UK Regulatory (RNS & others) Corcel PLC Burwell Battery Storage Partner Buyout
"Corcel Plc, the natural resource exploration and development company with interests in battery metals and flexible grid solutions, is pleased to announce an update on its Burwell battery storage and solar project (the "Burwell Project"), including the completion of its project economic review and the buyout of the other 50% shareholders. ..."


4. DEMPSTER VANADIUM PROJECT IN THE YUKON, CANADA

Exploration program conducted which yielded exceptionally good results, to provide multiple accessible targets for near term drilling.

14/01/2021 07:00 UK Regulatory (RNS & others) Corcel PLC Dempster Vanadium - Exploration Results
" ... Scott Kaintz, Chief Executive commented: " We are quite pleased with these exploration results from Canada. The rock and soil results are exceptionally good, indicating the presence and grade of the Canol Formation and enabling good formation tracking. We expect to have multiple accessible targets for near term drilling." ... "

[rmart] 17/3/2021 17:32

Guys, nothing wrong with this bb but I started another as I dont like goons on mine so ban them. Join in if you wish but if not that's ok...

[rmart] 17/3/2021 17:30

Invested now and took 1% of current shares in issue. Happy to sit back and wait on this one as I can see the share price getting into double figures. 10p is still only £32m market cap. Currently sitting at @£4M Market Cap.

[rmart] 17/3/2021 17:00

!FOLLOWFEED




Market Cap now £1m.

2022 directors wages..

Parsons £196,000
Kaintz £236,000
Ainsworth £40,000
Bellingham £28,000

Total : £496,000

Achievements = Zero.

Half of total market cap goes on these clowns wages.