Corcel Share Discussion Threads

[edgein] 13/5/2021 13:49

Certainly an important milestone on its way to production, well done chaps.

Regards,
Ed.

[someuwin] 13/5/2021 13:43

This is BIG news!

[rmart] 13/5/2021 13:42

Should be worth 5p alone on that, then we have the Burwell And WoWo Gap rns to come.

[mark10101] 13/5/2021 13:41

Marking all buys as sells and offer rising with each wave.

[hedgehog 100] 13/5/2021 13:34

The near two and a half year wait is finally over!

WOOHOO! Bring it on!!

This is a key step to unlocking one of the world's largest nickel projects ... Elon Musk, are you watching?!

13/05/2021 13:00 UKREG Corcel PLC Mambare: Grant of Environmental Permit

"Corcel Plc, ("Corcel" or "the Company"), the natural resource exploration and development company with interests in battery metals and flexible grid solutions , announces that on the morning of 13 May 2021 it was informed by its Joint Venture partner that it has received the approval of the Environmental Permit Ep-L2 (708) authorising the excavation of laterite ore deposit and DSO operations at the Company's Mambare Nickel Cobalt project. The approval is conditional, as is normal in PNG, on the activity complying with the Environmental Act 2000 and its policy objectives and on certain further plans and submissions being completed within three months. This completes a long period of review by the PNG Government since formal lodgement in December 2018."

[hedgehog 100] 13/5/2021 13:30

And this is 'of Cource'! ;)

13/05/2021 13:00 UKREG Corcel PLC Mambare: Grant of Environmental Permit

"Corcel Plc, ("Corcel" or "the Company"), the natural resource exploration and development company with interests in battery metals and flexible grid solutions , announces that on the morning of 13 May 2021 it was informed by its Joint Venture partner that it has received the approval of the Environmental Permit Ep-L2 (708) authorising the excavation of laterite ore deposit and DSO operations at the Company's Mambare Nickel Cobalt project. The approval is conditional, as is normal in PNG, on the activity complying with the Environmental Act 2000 and its policy objectives and on certain further plans and submissions being completed within three months. This completes a long period of review by the PNG Government since formal lodgement in December 2018."

[the stigologist] 13/5/2021 13:22

RGM used to be valued at £40m just for Mambare

That would translate to a share price of c.10p now

However we're about to enter a Battery Metals Supercycle and have potential for synergies with WoWo Gap (of which we own Senior Debt position worth over $4m of a Company that was worth over $100m for that asset at one point !)

We really could target a 10-20p share price here in the short/medium term IMHO

[rmart] 13/5/2021 13:17

Superb! That is simply fantastic

[mark10101] 13/5/2021 13:17

Nope, trying to buy.... Not easy but got another 200k. Excellent news.

[the stigologist] 13/5/2021 13:12

Everyone asleep ?

[kemche] 12/5/2021 20:18

Of course.

[hedgehog 100] 12/5/2021 17:03

Pete,

Most oil companies have had poor share prices performances for most of the last decade, during a vicious seven year oil stock bear market.

Oil stocks as a whole have been devastated.
Even the most brilliant director can not swim against that sort of tide.

This is a typical oil stock chart from the last decade:

Tullow Oil (TLW):



I'm sorry if you lost money on GKP (although my sympathy is abating by the day!), but you really need to consider your own lack of consideration/appreciation of market cycles.

When the oil price collapsed, the situation changed massively.

But at Corcel, we're now in the battery metals sector, at the start of a developing battery metals bull market.

[mark10101] 12/5/2021 16:43

Helpful, just to clarify your wibbling,

From the September RNS,



“Planning Approval

The Company also announces that the landlord of the Burwell site has received from the East Cambridgeshire District Council planning permission for a 50MW energy storage development. The permission covers the existing factory and the surrounding land at the Burwell site, and specifies the installation of the main battery and a 132kV transformer on an adjacent hard stand.”

You do understand only a landowner can receive planning permissions.... Corcel would never receive the planning approval even if it was the entity making the application.

However Corcel does have the grid connection, this project requires cooperation from all parties, but that is true of most business transactions.

Wibble wibble, another up day, must wibble harder tomorrow.

[hedgehog 100] 12/5/2021 16:41

Helpfull 8 May '21 - 20:15 - 967 of 1001
" ... The land owner or land buyer it would seem has the control of the planning permission. ..."


Helpfull,

You clearly stated that the landowner or land buyer has control of the planning permission, when they do not.

No one has control of it, it is public property.

So it can be freely utilised by Corcel when they lease the site, they will not need to reapply for planning permission, or buy the planning permission from the landowner - which cannot be done.

[helpfull] 12/5/2021 16:13

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

It's in the Sept 2020 RNS. I don't know what point you're trying to make. The landlord has the planning permission, not Corcel. That's why there is no binding lease. It's as plain as the nose on my...... Be careful.

[petebreeze37] 12/5/2021 16:12

For those doubters of ainsworth's track record at gkp then just ask any punter in the oil game. Yes it did 100 bag on the strength of fictions and then the directors sold out and the price dropped over night.
These pumpers on here are cheerleaders for the directors, either directly or indirectly and their job is to get as much money out of small investers to feed their greed.

[kemche] 12/5/2021 15:22

Nice to have everyone posting here.

Anyone got any random parabolic charts please.

I can easily see these going up a thousand fold.

etc.

[hedgehog 100] 12/5/2021 15:16

RM,

I'm being careful ... not to think about the upside here too much.
Because I've just put on some fresh undies today ...

[rmart] 12/5/2021 15:06

what would you expect the share price to get to for the 2p and 2.5p warrants to be taken?

careful, when you answer as you will probably have to say around 3.5p to 4p and you wouldnt want to do that would you ?!

be careful.

[hedgehog 100] 12/5/2021 14:36

Hedgehog 100 8 May '21 - 20:44 - 968 of 994 Edit 0 1 0
"Helpfull,
... Planning permission goes with the land, not with the person or company.
You don't even need to own land, or indeed lease it, to apply for planning permission for it. ..."

Helpfull 8 May '21 - 22:29 - 972 of 994 0 1 2
"From "the multi-handled crook Helpfull".
The 50MW planning permission was granted to the landowner. ... "


Helpfull,

Clearly you're a beginner on planning matters.

But if you don't believe me, perhaps you will believe this:


"Who Owns a Planning Permission?

Commercial Property | 23rd March 2017

Anyone can apply for planning permission on any piece of land, whether they own it, lease it, rent it or simply see it from the upper deck of the bus on their way to work in the morning. It is long established that there is no need to have any proprietorial interest in land before making a planning application to develop it.

But once the planning permission is granted, who does it belong to? And can anyone simply copy the design on the basis that the act of applying for planning permission puts the design into the public domain and free for all to use?

The first question is easy to answer; a planning permission relates to the land, not the applicant, and anyone can implement it so long as they have sufficient interest in the land, and abide by its conditions. In other words, you cannot own a planning permission, even if you paid good money to make the application. ..."

[helpfull] 12/5/2021 14:30

Show me your warrant!

23,076,924 warrants at 1.3p exercised today. And 25,000,000 and 20,000,000 new warrants issued at 2p and 2.5p respectively. That's 23,076,924 new shares and potentially another 45,000,000 new shares plus 2,000,000 interest shares.

There are still 63,735,250 warrants at 1.6p remaining after 24,139,750 warrants at 1.6p were exercised in April.

There are still 51,200,000 warrants at 2p from 18th February 2021 fund raise outstanding.

So that's 23,076,924 new shares and potentially another 161,935,250 warrants at 1.6p/2p/2.5p to be converted to new shares. Be careful.

[oil be there] 12/5/2021 14:20

A 5 bagger to 10p in the next 12 months would do me just fine, maybe sooner with the right news?

[hedgehog 100] 12/5/2021 14:14

Corcel director Ewen Ainsworth was a director of Gulf Keystone Petroleum (GKP) from 24.1.08 - 16.6.14.

During that period, the GKP share price doubled ... but nearly 100-bagged at one point, in three years, from low to high.

24/01/2008 13:11 UK Regulatory (RNS & others) Board Changes LSE:GKP Gulf Keystone Petroleum Ltd
"Gulf Keystone Petroleum (AIM: GKP), an independent oil & gas exploration company
operating in Algeria and the Kurdish Region of Iraq, today announces the
appointment of Mr. Kristian 'Ewen' Ainsworth as Finance Director of the Company
with immediate effect. Mr. Ainsworth replaces Mr. Jon Cooper who stepped down
as Finance Director and as a Board member following the expiry of his notice
period also on 23 January 2008. ..."


16/06/2014 07:00 UK Regulatory (RNS & others) Gulf Keystone Petroleum Ltd. Directorate Change LSE:GKP Gulf Keystone Petroleum Ltd
"Gulf Keystone Petroleum Limited ("Gulf Keystone" or the "Company") today announces that Finance Director Ewen Ainsworth will leave the Company to pursue other interests on 17 June 2014.
A search for Mr Ainsworth's replacement is underway and potential candidates have been identified. While that search is concluded, Mary Hood, the Company's Financial Controller will serve as acting Chief Financial Officer.
Gulf Keystone's Chairman Simon Murray explained: "Over his six years with Gulf Keystone Ewen has played a key role in the Company's growth and we thank him for his dedication. Now, with our main market move and recent US$250 million bond financing behind us this is a good time to make a transition."
Gulf Keystone's CEO Todd Kozel added: "Ewen was instrumental in securing the financing for the initial exploration activities which ultimately resulted in the Shaikan discovery. More recently, Ewen helped build the financial infrastructure to support the Company's transition from an exploration company to a production company, and to obtain the financing required to fund Gulf Keystone's future development plans." "

[mark10101] 12/5/2021 12:50

It is laughable you blossom munchers think Corcel will do the capex for any of these projects, it will be JV’s and sales.

However if this secular bull market continues for commodities, as predicted by many commentators, maybe the 1991 mentality will come back, then we are in 100x territory. Surely worth a shot at such a depressed stage of the cycle. But no doubt you lot will continue to munch blossom and wibble for years to come.