Corcel Share Discussion Threads

[rmart] 12/4/2021 10:30

not a chance, although i can see some Mast holders jumping ship from £23m mast to £5.5m corcel with the much better projects we have.

[babbler] 12/4/2021 10:29

When is ipo day please?

[mark10101] 12/4/2021 10:29

Bang, that would be rubbish given the potential here, would much rather CRCL buy Mast 😉

[bangbang1] 12/4/2021 10:17

imagine if MAST announced acquisition of corcel on IPO day

[escapetohome] 12/4/2021 09:40

Loaded up with £5000 worth charged at a premium.

Alredy well in profit.

Im hanging on.

Muchmore to come.

[rmart] 12/4/2021 09:38

bag what you can here, this is re rating. dyor etc etc

[escapetohome] 12/4/2021 09:21

Very very nice, im pleased i dropped in.

[rmart] 12/4/2021 09:14

Level 2 now 3v1, looks like we keep going from here.

NT to buy under 50k on ig.

[mark10101] 12/4/2021 08:13

Bit annoyed as was hoping for a pull back today with the wider markets off a bit. It feels like £1 is buying £5 atm to me hence wanting to top up further.

[rmart] 12/4/2021 08:05

1m bought in 5 mins!

[rmart] 12/4/2021 08:04

early buyers already. Looks like this week is going to be very interesting with Mast ipo at £23m and WOWO meeting.

[the stigologist] 11/4/2021 21:47

WoWo Gap was actually valued at A$150-600m ! in 2009

[mark10101] 11/4/2021 20:54

On the convertible element this was the original RNS on it.



“Corcel has, further to the debt option exercise announced on 28 October 2020, purchased AUD 3.05 million of debt in RMI for a consideration of AUD 640,000 cash and issued 23,711,018 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 CRCL shares of 5p). The new shares are subject to a lock-up for one year.

The total RMI debt now owned by Corcel consists of four instruments as follows:

Purchased by Corcel in April 2020:

-- Loan Note A: AUD 1,210,000

-- Loan Note B: AUD 500,000

Purchased by Corcel 12 November 2020:

-- Loan Notes of AUD 2,000,000

-- Loan Note C: AUD 1,051,087

Other Subordinated RMI debt (excluding other RMI related party payables):

-- AUD 170,000 loan

All the loan notes are interest free, unsecured and are repayable in September 2021 and January 2022, except in certain circumstances in which case they become immediately repayable. The convertible feature which previously existed on the AUD 2,000,000 loan note was removed prior to purchase by Corcel.

Following the transaction Sinom will own 12.69% of Corcel plc and have been locked in on the newly issued shares for a period of 12 months. An industry standard relationship agreement has also been signed.

RMI is the 100% owner of the Wowo Gap nickel/cobalt project located 250km from the Company's existing Mambare project.”

[cyberbub] 11/4/2021 20:09

Is Corcel's debt holding in RMI a convertible loan?

[bambos22] 11/4/2021 19:41

Heading for much higher imo..Buying more Monday

[mr roper] 11/4/2021 10:43

Yup. Surely only a matter of time before the rerate starts to pick up pace. News on Wo Wo and Burwell could see us in the £50m plus mkt cap range.

[rmart] 11/4/2021 10:30

Looking at Resource Mining Half Year Report they had A$65,000 at 30th Dec. They have very little money. We will get WoWo Gap very soon imo and they will concentrate on their new project in Tanzania.

Good times ahead and great news flow to start very soon.

[rmart] 11/4/2021 10:24

Coming up to time for the action to start on the WoWo Gap acquisition imo.

From Resource Mining Corporation :

the Company received advice that a WCH is scheduled for 15 April 2021, subject to COVID-19 regulations......


Once the licence is renewed then Corcel will do a deal to take over WoWo in consideration of the A$4.6m debt position we hold.

WoWo Gap has an independent project valuation of A$168 million.

[hedgehog 100] 10/4/2021 19:30

I would add this.

That 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.

[rmart] 10/4/2021 17:49

Its coming, I can see us in double figures within a month with news from just one of these :

Burwell (lease signed),
Mambare (environmental permit, or production lease),
WoWo (aquisitioin)
Dempster Vanadium (drilling plans).

[hedgehog 100] 10/4/2021 16:50

Come on Corcel - it's time to join the batteries boom party!

18/03/2021 11:52 Dow Jones News Volkswagen Shares on Track for Best Week "Ever on Electric-Vehicle Plans XE:VOW3 Volkswagen AG
By Kim Richters
"Shares in Volkswagen AG were trading up on Thursday for the fourth day in a row and are on track to achieve their best weekly performance ever after the automaker detailed its electric-vehicle strategy earlier this week.
The German car maker said on Monday at a conference called Power Day that it would invest in six large battery factories in Europe as part of a plan to take control of battery production as well as charging networks.
The conference was "a watershed event in the company's history," RBC Capital Markets's Tom Narayan said in a note earlier this week.
At 1103 GMT, preference shares in Volkswagen were trading 1% higher at EUR233.00. For the week, shares are up 22% and on track for the best weekly performance ever, according to Factset.
Analysts at Morgan Stanley said earlier this week that the car maker's share rally "feels as if VW has finally joined the global [battery-electric vehicle] party."
While Volkswagen didn't release any particularly new information at the conference, "the share price strength post the Power Day narrative suggests investors that are new to the story, rather than those who had been aware of these plans for a while," Morgan Stanley said.
Write to Kim Richters at [e-mail]"


15/03/2021 16:16 Dow Jones News Volkswagen to Invest in Six EV Battery Gigafactories in Europe by 2030 -- Update XE:VOW3 Volkswagen AG
By William Boston
"BERLIN -- Volkswagen AG said it would invest in six large battery factories and build out charging infrastructure, the latest global auto company hustling to take control of battery making amid an electric-vehicle boom.
The world's automotive industry is pivoting to electric vehicles to meet new emission requirements and rushing to establish the vast infrastructure -- from battery factories to charging networks -- needed to sustain the growing market.
Demand for electric vehicles has soared in Europe thanks to generous government incentives for buyers, making it the world's largest market for the battery-powered vehicles. In the U.S., General Motors Co. is building a $2.3 billion battery plant in Ohio with Korea's LG Chem Ltd. and recently said it is exploring building a second plant.
Volkswagen, the world's largest car maker, announced a shift in strategy on Monday that would see it take control of battery production and high-speed charging networks in the coming years. ..."


Volkswagen (VOW3):

[hedgehog 100] 09/4/2021 18:47

From SwingTradeBot:

"Technical Analysis for CRCL"

"ADX Long Term Intermediate Term Short Term
Strong N/A Up Up"

[hedgehog 100] 09/4/2021 18:21

From TradingView.com:

"CORCEL PLC ORD 0.01P"

"Technical analysis"

"Oscillators Summary Moving Averages"

"NEUTRAL BUY BUY"