Corcel Share Discussion Threads

[rmart] 10/5/2021 11:21

Level 2 moving positive now2v1

[helpfull] 10/5/2021 10:42

hxxps://www.ge.com/power/transform/article.transform.articles.2018.oct.storage-threat-to-peaker-plants

If GE think like this then there is a problem. The move away from hydrocarbons can only accelerate.

"Energy storage systems using lithium-ion batteries are 30% cheaper over their lifetime compared with fossil fuel powered peaker plants, according to a report from Australia"

hxxps://www.bestmag.co.uk/indnews/lithium-ion-ess-now-cheaper-traditional-peaker-plants-supplying-power

Be careful.

[pineapple288] 10/5/2021 10:41

This is a buy and hold. Added at 1.8

[hedgehog 100] 10/5/2021 10:37

"INVESTING IN CLEAN ENERGY

Arlington is an energy company focused on delivering best in class, flexible energy assets, designed and built to perform in the UK merchant energy markets.

Bringing new and innovative funding sources and structures into the distributed energy market, Arlington is rapidly becoming the leading new entrant into the flexible generation sector.

In 2019 Arlington commissioned its first 60MW of capacity. A 20 MW gas peaking site and a 40MW battery storage project. Over the coming 3 years Arlington plans to significantly add to its portfolio of both Gas peaking and Storage assets across the UK."




Arlington Energy looks like a perfect partner for Corcel.

They can grow together, both becoming major players in this area.

[hedgehog 100] 10/5/2021 10:31

Brilliant news, and well done to Corcel's management on doing such a superb job.

2.08p is a 28% premium to the pre-existing share price of 1.625p.

[frontrunner1] 10/5/2021 09:36

Hi helpful, UK grid need Peaker plants for the transition phase to Battery storage and renewable energy platforms, I guess you have heard that phrase that you walk before you run.., please do you research before submitting these posts, be careful. Peaker plants will be here for at least next 5 - 10 year window. Please stop deramping when it does not make any sense.

[frontrunner1] 10/5/2021 09:36

Hi helpful, UK grid need Peaker plants for the transition phase to Battery storage and renewable energy platforms, I guess you have heard that phrase that you walk before you run.., please do you research before submitting these posts, be careful. Peaker plants will be here for at least next 5 - 10 year window. Please stop deramping when it does not make any sense.

[helpfull] 10/5/2021 08:56

Major disjoint in valuations highlighted by this mornings RNS. It should be a wake up call to potential investors. 40% of 50MW valued at £400,000. Knocks those valuations for Burwell on the head. Of course the sellers of this stake in Arlington Energy have not heard of Mast energy. That is a secret only known by a few. This peaker plant reminds of Southport. Wasn't that a peaker plant? Where is that again? Wasn't Southport "shovel ready"? Have peaker plants already been supeseeded? Old technology in a greener world. As with Burwell there might be a long way to go to final close. The major disjoint is the valuation in people's minds and the price any serious buyer would put on such projects, shovel ready or not. Be careful.

[someuwin] 10/5/2021 08:43

Align target price 12.9p

[mark10101] 10/5/2021 08:18

Very glad it did not spike into open. I think the market is yet to realise the premium placing set by this acquisition at over 2p.

[someuwin] 10/5/2021 08:03

Excellent news!

[mr roper] 10/5/2021 08:01

Yup, and they have a lock in period so cant just be flipped. Good to see.

[mark10101] 10/5/2021 08:00

Thanks Roper, in the rush of reading this morning I had not picked up on the price agreed for the share element of the purchase.

“The purchase consideration of £400k will be satisfied by £150k in cash and £250k in shares at roughly 2.08p each”

Great to see the shares being placed over 2p.

[mr roper] 10/5/2021 07:46

Updated note from Align
hxxp://www.alignresearch.co.uk/corcel/corcel-tring-road/

[mr roper] 10/5/2021 07:36

Excellent news indeed.

[rmart] 10/5/2021 07:30

Around £2.5m per yr income for Corcel! Taking the average figures.

[rmart] 10/5/2021 07:26

Excellent news, we now have 40% of another 50MW, shovel ready, so that is 20mw to Corcel, so now we have much much more than Mast who are still at £30m market cap and we are still at £6m. Maybe, finally this will set us off.

[kemche] 08/5/2021 22:42

Deja vu from 2018:

soulsauce11 Jan '18 - 11:08 - 13292 of 13309
0 3 0
Ahh back to recycling Mambare. The nickel price needs to rise substantially to make Mambare a decent proposition. The area not the most accessible and the nickel is proliferated throughout thick clays that will need very costly processing notwithstanding the huge CAPEX required to ever get this project off the ground.


novicetrade6811 Jan '18 - 16:09 - 13293 of 13309
0 1 0
It almost sounds as if they're rebranding themselves and are now talking up their PNG Nickel asset as if it's the company's flagship, whilst no word whatsoever on the coal anymore, although no update was expected on that as yet. I guess for now RGM is the cobalt-nickel car rental company.


Clunes10011 Jan '18 - 16:54 - 13294 of 13309
0 1 0
I did buy a few last week, so pleased with the direction of the share price

Bell seems to have realised that his/our portfolio of "battery metals" are in a bull market and that demand is going to increase dramatically going forward. It is a question as to whether he can find partners that will rapidly progress and process getting ore to market.

[helpfull] 08/5/2021 22:29

From "the multi-handled crook Helpfull".

The 50MW planning permission was granted to the landowner. It is in black and white in the RNS. Corcel has not applied for planning permission on the landowners land. Whether a lease is signed depends on the owner of the land, whether that be the seller or the buyer. Corcel only owns the connection whilst it keeps paying the deposit to the UKPN. If it cannot negotiate a binding lease and make use of the connection it would be silly to hold onto it. There appear to be no guarantees. Be careful.

[kemche] 08/5/2021 22:28

CRCL - prior to the name change to hide the history:


Torp - 03 Aug 2020 - 10:48:28 - 17777 of 17847 Regency Mines 2010 and beyond - upside limitless - RGM
I respectfully suggest that the "bashers" as you call them are not on any side
of a trade because they wouldn't waste their valuable cash on a POS share like this. Especially
when there are a plethora of other companies out there just now providing massive opportunities to
trade for strong profits.

This company has made losses every year for goodness knows how long

2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000

Total Losses above - £21,333,507

Total Cash raised above - £10,245,634

Total Admin above - £6,560,120


As with RRR it's clear to me where most of the money ends up.


The facts speak for themselves imho.

SP remains over 70% down since the huge 1-100 share consolidation before Christmas.

They will imho just keep issuing confetti shares

DYOR

[kemche] 08/5/2021 22:27

"This demonstrates our management's rigorous commercial discipline and business acumen."

From the team that brought you Metcoal and White Car Limited - I kid you not!

From the team that brought you industrial scale dilution.

From the team that brought you gargantuan cumulative losses.

Yes - that management.

Sheesh! Totally shameless pumper.

Unrelated parabolic chart incoming.......

[hedgehog 100] 08/5/2021 21:12

"UK legislation to lift barriers on 50MW+ battery storage projects goes into effect
Published: 16 Nov 2020, 11:20
By: Molly Lempriere
Battery projects built to date in the UK have been sized at below 50MW to meet planning rules such as the 40MW Glassenbury project pictured. Image: Low Carbon.
Planning law in the UK allowing energy storage projects over 50MW has officially changed, allowing much bigger projects to come online without going through the national planning process.
In July, ministers passed secondary legislation that will allow battery storage to bypass the Nationally Significant Infrastructure Project (NSIP) process in Britain. This means storage projects above 50MW in England and 350MW in Wales to proceed without approval through the national planning regime. ..."


CRCL's 50MW Burwell battery storage project achieved planning permission last September.

Since then, planning rules have been changed to allow such projects OVER 50MW to be approved locally, a major saving in time and money.

Could it be that this is partly behind CRCL's change of strategy at Burwell?

I.e. they believe that an even larger battery project would be more profitable than a battery-solar hybrid?

If so, watch this space!

[helpfull] 08/5/2021 20:15

From "the multi-handled crook Helpfull".

"As you full well know, Corcel walked away from the Southport deal because the landowner was being too greedy, and Corcel wasn't prepared to overpay for the lease"

No, I don't know that and I'm sure it has not been detailed in any RNS for shareholders. "Corcel wasn't prepared to overpay". An interesting stance. I wonder if that is the cause for the delay at Burwell? The planning permission has been granted to the owner of the land, not Corcel. Very important. That has been stated in a RNS:

"the landlord of the Burwell site has received from the East Cambridgeshire District Council planning permission for a 50MW energy storage development".



No planning permission grant for 50MW of solar has been announced by Corcel in the RNS format. For the land owner or Corcel. Do you know different? It would explain why the solar project has been so easily put on the back burner or "right sized".

The land owner or land buyer it would seem has the control of the planning permission. And the lease. I hope Corcel doesn't have to demonstrate its "rigorous commercial discipline and business acumen" again. Size matters you infer:

"The Southport project was a fraction of the size of Corcel's huge Burwell battery project"

Well the "huge" Burwell project has been slashed by 50%. The "heads of terms for the Burwell lease have been agreed". Perhaps shareholders might find out in practice that a HOT is non-binding? What some people might say is not worth the paper it is written on. Perhaps Burwell might become another "blip" on the road to better things? Perhaps you need to ask management or get "rmart to email RMI" and get the information? Has a delay been announced? Be careful.

[hedgehog 100] 08/5/2021 19:41

Smart Metering Systems (SMS):



Currently 815.5p, market cap. £925.03 million.
Up from its 60p IPO price a decade ago.

08/07/2011 07:00 UK Regulatory (RNS & others) First Day of Dealings on AIM LSE:SMS Smart Metering Systems Plc
" ... Highlights
-- Smart Metering Systems raised GBP10.0 million (gross) of new investment from a broad range of institutional and other investors by way of a substantially oversubscribed placing of new ordinary shares at a price of 60 pence per share.
-- The net proceeds of the placing will be used to fund the organic growth of the business through investment in gas meter assets and the Group's patent pending ADM smart metering device.
-- On Admission to AIM, the market capitalisation of the Group at the placing price will be GBP50 million.
-- Established in 1995, Smart Metering Systems has expanded organically through diversifying its offering to meet the needs of its gas supplier clients as the market deregulated and competitive choice was introduced. ... "


And interestingly, this highly successful company has recently expanded into grid-scale battery storage provision, just like CRCL, which highlights just what an attractive growth area this is.

6/03/2021 07:01 UK Regulatory (RNS & others) Smart Metering Systems PLC Full year results LSE:SMS Smart Metering Systems Plc
" ... Development of CaRe assets
In 2020, the Group made significant progress in developing its pipeline of CaRe assets across several verticals, most notably in grid-scale battery storage. SMS now has 90MW under construction (forecast to be energised by the end of 2021), driving forward the Group's strategy of being at the heart of the energy transition in the UK. Rights to a further 100MW of grid-scale battery storage projects have been secured post year-end, from SMS's previously advised pipeline of projects, with construction expected to commence in Q4 2021 (forecast to be energised by the end of 2022). Additionally, the Group is under exclusivity to acquire a further 280MW, giving a total pipeline of 470MW.
The Group has also seen continued momentum in other CaRe verticals, including behind-the-meter solar and storage, Electric Vehicle (EV) infrastructure, data and heat meters and networks. The Board remains confident that the Group is strategically well positioned to capitalise on the trends towards decarbonisation and net zero. ..."


Though CRCL currently has a market cap. of under a hundredth of SMS's, and is far more geared to the upside that battery storage provision can give.