Corcel Share Discussion Threads

[rmart] 29/4/2021 09:44

Morning All, Looks like we consolidated very well at 2p and new we are ready for 2.5 to 3. Next leg up on the journey to 10p is on.

[kemche] 29/4/2021 06:59

Stig - we are sobbing inconsolably.
NT to buy.

[the stigologist] 28/4/2021 21:59

We are up around 50-75% on the back of no news

Chart has consolidated nicely at 2

Looks ready for next move soon with 4/5 value inflection datapoints imminent

[hedgehog 100] 28/4/2021 21:58

Two superb new GRID RNSes, which is why its share price has risen.
GRID certainly has plenty of cash that it's looking to spend ... wonder how much of it will be coming our way!

28/04/2021 07:00 UKREG Gresham House Energy Storage Fund Results to 31 December 2020 and Q1 2021 Update
"Gresham House Energy Storage Fund plc (LSE: GRID) (the "Fund" or "GRID"), the UK's largest utility-scale battery energy storage fund, is pleased to announce its second set of annual results since the IPO in November 2018. This covers the 12 months ended 31 December 2020 together with an update for the quarter ended 31 March 2021.
Performance highlights during the FY20 period
-- Net Asset Value (NAV) up 74% to GBP358.9m (FY19: GBP205.9m)
-- NAV per share up 2.2% to 102.96p (FY19: 100.79p) and NAV total return of +8.4%
-- Share price total return of +10.8% versus FTSE All-Share Index total return of -9.8%
-- Underlying portfolio revenues up 89% to GBP19.0m (FY19: GBP10.1m), driven by Frequency Response services, Trading and Triads
-- Underlying portfolio EBITDA up 135% to GBP15.8m (FY19: GBP6.7m)
-- Total dividends of 7.0p per share paid for the year, as targeted and reaffirmed for 2021
-- Total equity funds of GBP151.2m raised and GBP14.9m of bonds issued
-- Portfolio weighted average discount rate of 10.8% (FY19: 11.2%) ..."


28/04/2021 07:05 UKREG Gresham House Energy Storage Fund Quarterly NAV, Dividend and Factsheet publication
"Financial highlights
From IPO to the end of March 2021, the Fund has delivered a share price total return of 27.3%, compared with a 7.9% total return from the FTSE All Share. The attribution of returns since inception is 14.5% to capital and 12.8% to income.
For the quarter ended 31 March 2021, the Fund's NAV was GBP371.8m or 106.66p per share, an increase of 3.70p per share in the quarter. ..."

[the stigologist] 28/4/2021 21:56

it's actually fun to watch them crying

[mark10101] 28/4/2021 20:54

HH, post the above on the other thread, this is just the fun thread where the wibble people reside, they will wibble away for years. I suspect they will be wibbling at 10p, 20p, 30p etc, it is just what they do and nothing would change their wibble minds.

[uncleeric] 28/4/2021 20:45

just topped up to 2 million and expecting great things here at last !

[uncleeric] 28/4/2021 20:44

Nice 1 million buy late reported on LSE

[kemche] 28/4/2021 19:52

We could really do with a parabolic graph of a random company to help things along. Now where can we find one of those I wonder?

Expletives incoming......

[helpfull] 28/4/2021 19:28

Some light reading for fans of Corcel:



Be careful.

[rmart] 28/4/2021 12:42

CORCEL 17.45M IN... VERY GOOD TO LISTEN TO.

[rmart] 28/4/2021 09:39

1st of the delayed buys popped in 550k, L2 ticking up again now 2v2.

[rmart] 28/4/2021 09:10

Background buying to show later, Level 2 moved up despite the sells seeming to outweigh buys.

On the way to target 2, 3.5p.. Then 5p+

[the stigologist] 28/4/2021 08:14

Zak Mir 3.5p chart target

[hedgehog 100] 27/4/2021 15:40

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 ...
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 per tonne, so nickel output from Mambare of 80,000 tonnes p.a. would equate to about US$1.3billion p.a. of revenue at current nickel prices.

But it could be much more than that if nickel prices keep on rising, as they have been doing recently, driven by burgeoning batteries demand.

In 2007 the nickel price rose to over US$50,000 per tonne.

WisdomTree Nickel (NICK) exchange traded commodity price chart:

[the stigologist] 27/4/2021 15:12

Nickel surely will follow where Copper goes ?

Mambare and WoWo gap combined have been valued at 100m+ by stock market previously. This looks a total no brainer right now

Happy to have bought more in the 2s

Can we get Nickel chart in header ?

[rmart] 27/4/2021 15:10

i see dumchee and friends are getting desperate again, always a sign we are going up.

[kemche] 27/4/2021 13:56

Yes but the warrant holders are holding the shares and not selling them and therefore expect a slew of TR1s. Lucky sods.

[hedgehog 100] 27/4/2021 13:50

Helpfull & Kemche,

Do you both have Tourette's syndrome?!

What can I say?

'We're pointing at the moon, but you're looking at our fingertips'.

[klosters65] 27/4/2021 13:49

So a warrant is similar to an option.The higher the share price goes, the more attractive/profitable to exercise it.Can warrants be backed to back into the market – at which point they become a no brainer to exercise.

[helpfull] 27/4/2021 13:43

The outstanding 63,735,500 warrants are the residual warrants remaining after the recent 4 exercise RNS earlier this month. Simple subtraction. Be careful.

[hedgehog 100] 27/4/2021 13:40

Thank you Helpful!

If you think that warrants exercisable at 2p are an issue, you're obviously bullish on the share price here from the current 2p bid level
So why on earth are you 'warning' people?
Probably because you're being paid to.

In addition, the potential dilution still isn't excessive, and would bring in yet more cash to the company.

345,521,364 existing shares in issue + 63M. warrants at 1.6p would give circa 408.5M. shares in issue.
+ 48M. at 2p, which probably wouldn't be exercised until 3p + even if a quick sale was wanted.
+ Just 24M. potentially at 1.3p, but can probably only be exercised when the share price is above 2p.

Compared to potential upside of thousands of per cent.