Corcel Share Discussion Threads

[rmart] 05/5/2021 08:46

I did say a while ago the land owner is retiring and selling the land. Our new landlords will complete soon and the deal will be signed off. Bedwetters will regret...

[mark10101] 05/5/2021 08:45

The filtered numpties are turning up on this thread now. It seems we get a lot of interest from the KIBO crowd, funny how when other people have had a disaster they will negativity on others.

Let’s see how the rest of the day pans out for CRCL, £6m MCAP seems a gift with what’s going on in that update. Still feels a lot will happen over the next 6 weeks.

[rmart] 05/5/2021 08:39

The drop is silly, I did say a few weeks ago the land owner is retiring and a new landlord is taking over. That sale is about to complete and then the lease will be signed.

We now have confirmation that talks have started re the debt which means wowo will be coming to Corcel IMO.

All going to plan but some people see a delay and wet the bed. Crazy.

[rmart] 05/5/2021 08:38

They will be 10p wilson, dont you worry.

The drop is silly, I did say a few weeks ago the land owner is retiring and a new landlord is taking over. That sale is about to complete and then the lease will be signed.

We now have confirmation that talks have started re the debt which means wowo will be coming to Corcel IMO.

All going to plan but some people see a delay and wet the bed. Crazy.

[wilson2] 05/5/2021 08:23

Rmart has been pushing these on many other boards saying they will soon be 10p, the guy needs banning of ADVFN

[grimreaper2019] 05/5/2021 08:20

Well it looks like they have done sod all this year, flagship project Burwell is subject to delays and issues over land.

A poor and disappointing update, shares will drift lower for certain.

[mark10101] 05/5/2021 08:10

Bang these things take time, the word imminent was used, so there must be some degree of confidence to use it. Let’s see how the next few weeks go.

Great to see formal discussion with RMI have started, the opportunity there is huge.

[bangbang1] 05/5/2021 08:01

Don't think burwell is progressing to plan as you say it

Since September 2020 they been trying to get leased signed - Something is holding it up

[mr roper] 05/5/2021 07:59

Ops update. Going steady. RMI debt talks underway. Burwell progressing to plan

[the stigologist] 03/5/2021 11:56

CRCL not even started yet...

[the stigologist] 02/5/2021 04:31

hmm...

Already achieved breakout over 50 weekly MA

Golden Cross coming up on weekly (using 20 and 50 week moving averages)

[the stigologist] 30/4/2021 15:39

Those value inflection points are all going to come in a very short space of time in coming weeks / months by looks of things. Ingredients for a huge parabolic move. I also expect Nickel to follow Copper price up.

[rocket26] 30/4/2021 11:50

Oh some of you guys might know :-
How much money is required in reserve by a mining outfit prior to the commencement of operations within PNG. Due to New environmenal legislation changes ?
For example, logistics/resettlement/implantation of indigenous farm food..
Many thanks in advance

[rmart] 30/4/2021 08:51

Hello wowo, welcome.

[mr roper] 30/4/2021 08:21

Chart looking poised for the next leg up here. Just need a bit of newsflow and we could be 7-10p in a flash

[bambos22] 30/4/2021 07:55

They have engaged in internal discussions as to how they will pay it back

[the stigologist] 30/4/2021 07:54

They say no discussion with CRCL but that Billionaire is the kingmaker and can call tune

[mark10101] 30/4/2021 07:50

“Further Information:

RMI is the 100% owner of the Wowo Gap nickel/cobalt project located 250km from the Company's existing Mambare nickel/cobalt project in Papua New Guinea. Corcel owns a AUD 4.76m senior debt position in RMI repayable in in September 2021 and January 2022.”

[bambos22] 30/4/2021 07:11

Corcel has a claim over the company ?

[mark10101] 30/4/2021 06:29

For an asset prize the size of WOWO 51/49would still be an exceptional result given how much CORCEL paid for the debt.

[the stigologist] 29/4/2021 23:04

We want that project.

No way can RMI pay us in cash. They'll have to hand it over. Sticking point maybe how much equity they retain ? I'd give them 25% as long as we have control

You can only extinguish debt with cash or equity.

Get WoWo and this could be 10p+ in a flash

[mark10101] 29/4/2021 20:53

RMI update covers the debt Corcel owns with RMI are looking at way to extinguish the debt.

[oil be there] 29/4/2021 15:56

https://twitter.com/stockonomist/status/1387777542153703430?s=21