Corcel Share Discussion Threads

[mark10101] 29/3/2021 08:25

Well I put my money where my mouth is and topped up with the first buy of the day to achieve a round number in my holding. Nice to see others following and the offer rising.

[rmart] 29/3/2021 07:31

MAST listing at £23m ! We are 3.6m absolutely crazy, we should be at least the same if not higher.

[mark10101] 28/3/2021 11:16

ODR, my belief is this is in a “preparation phase” I often experience on AIM stocks prior to a rerate. The potential is there to be seen but no catalyst lit to ignite the rerate, but plenty of hints. Often accompanied by a phase of choppy share price action as we have seen this week. All looks good to me and nothing in the update that put me off. But that is the game in AIM, to find stocks people despise while the sector around them enters a bull market.

Look at ORPH Feb last year, I was debating with BB posters, even one who (claimed) to be a professional virologists for 27 year no less, arguing ORPH was never going to take off and their embedded assets where never going to be worth anything. He was a well respected poster and the share price remained subdued for months, despite the investment case getting stronger and stronger. The fact one of their acquisitions was worth £200m MCAP in 2015 was loss making and had less developed assets at the time, looked to me a massive steal with ORPHs £20m MCAP, especially as we entered into a period of huge interest in virology. The point is the virology sector was unloved, now it looks central to World moving forward and ORPH MCAP at £230m is starting to reflect that.

I am not claiming to be a guru, I have had my fair share of disasters, but I like the ingredients here and sticking with it.

[rmart] 28/3/2021 10:59

OneDayRodders,

Fair enough on your views.

Would you agree that the Burwell Land Lease being signed off is a big turning point?

Would you agree that the 20yr mining lease award at Mambare would be a big turning point.

Would you agree that there is no need for a placing at present with access to the £300k recent placing and the £300k loan and the possible £960k from warrants?

Would you agree that it looks like Corcel are going to take ownership (or a majority stake) in wo wo gap for the debt owed?

Just interested to hear your views and why you think these things will not happen?

[onedayrodders] 28/3/2021 10:46

rmart .. half year report did nothing to change my mind and just came across as 'fluffy' AIM CEO waffle.

But if you're right u will be minted

good luck

[rmart] 28/3/2021 10:38

Total shares in issue even if the £960k comes in from warrants is stil under 370m !

Subject to the lease at Burwell being signed and the 20 yr mining licence being awarded at Mambare this is going to be the multibag of 2021.

[the stigologist] 27/3/2021 22:29

I don't think placings such an issue now if they get the right investors in with the right signals. e.g. FAR placed at 9p with smart investors signalling willingness to take options at 25p and 78p and stock was at 40p within a week
Can't underestimate how Sir Mick Davis will influence some enterprising small cap funds to seek out the huge option opportunity in CRCL pipeline

[rmart] 27/3/2021 15:22

No placings needed here. The co raised £600k last month and have a potential for another £960k to come in from warrants at 2p.

I can see a run of news to take the share price to 2.5+ which will bring in the warrant money.

[kemche] 26/3/2021 19:42

How nice of you to grace us with your presence rmart - a hearty welcome.

[the stigologist] 26/3/2021 15:58

Octopus Energy buying in Octopus Renewables today looks a classic smart insider move

The expanded Company will no doubt be bidding for Storage SPVs soon

[rmart] 26/3/2021 14:51

So now dumchee wants the company to be profit making and the market cap still at £4m, and share price 1p, genius.

[kemche] 26/3/2021 14:39

"The guys over on the dark side are geniuses, they have actually figured out that a plc needs money to operate, why do I not think of that!"

Because those on the dark side know that successful companies have profits to provide the money. It's a difficult concept for some to grasp quite clearly.

When is the next fundraising? The BOD need paying after all.

Southport will not fund itself.

[rmart] 26/3/2021 14:03

The guys over on the dark side are geniuses, they have actually figured out that a plc needs money to operate, why do I not think of that!

[helpfull] 26/3/2021 13:37

I think I might know. £220,000 staff costs in last six months. Not enough cash in bank for current six months. The odds are long but another cash raise is on the cards. Revenue from Southport could be used to pay staff costs, but that revenue is zero. Be careful.

[kemche] 26/3/2021 13:28

6 monthly "Admin costs" £493k.
Loss for the six months £526k
Cash at bank at 31 dec 2020 £180k.
Cash raised so far - squillions.

WTF is the money?????

Can anyone tell me what comes next?

[kemche] 26/3/2021 13:28

I got in at RMS at 0.1p and sold out at 5p and that is why I was still peddling and pumping the beejeesus out of it as recently as 1.7p. But then honesty is my byword and what I am renowned for.

And if anyone is in any doubts whatsoever about my sheer investment prowess then here are all my previous winners:

[rmart] 26/3/2021 13:06

The vast majority of people wait for something definitive I.e leases signed , mining permits epc before coming in. Myself, I am a bit more of a risk taker but based on research, I like to get in when others are waiting, now on 5m plus here at 1.16. I don’t think you could buy that many now at this price. Some you win, some you lose, but imo this year will see Corcel towards 10p.

[mark10101] 26/3/2021 12:36

RMART, Amazing others are not seeing it, a choppy ride since my January entry but I have yet to time a multibagger the day before the rerate starts and generally have found the greater the initial volatility the greater the eventual move. The fact we are chopping around with 30% moves in a week leaves the door open to a massive rerate should the company deliver on their potential all IMHO.

[rmart] 26/3/2021 11:57

RMS 10 bagged for me. 0.4 to 4p this one will at least 5 bag. Whoosh!

[helpfull] 26/3/2021 11:54

Where is Southport? Weren't first revenues expected from Southport by December 2020? No mention today. Was Southport supposed to be a key inflection point? What is the point of having targets if none are met? Administration expenses up over 30% to a staggering £493,000 pounds. £493,000 for 6 months! Well, wouldn't you know? Staff costs up a massive 46% to £220,000. For six months! Someone is sitting pretty. And it's not shareholders Jimmy. Be careful.

[kemche] 26/3/2021 11:45

TOMCO, AST, RMS etc will multibag in 2021 make no mistake.

Sheesh.

[rmart] 26/3/2021 11:33

Only 321m shares in issue here. Lots of news to come on Burwell, Mambare, Wo Wo Gap, Dempster Vanadium. All hot sectors.

Corcel will multibag in 2021 make no mistake.

[kemche] 26/3/2021 11:16

There has always been only one shovel here - and that is straight in the trough.

[rmart] 26/3/2021 08:20

Burwell to be shovel ready before end June is a big turning point. I am continuing to load up.