Corcel Share Discussion Threads

[kemche] 14/5/2021 17:55

I started wibbling here a few years ago and since then it has gone up about 18,957%.
Righty-ho.

[helpfull] 14/5/2021 16:56

Are you sure of your numbers Hedgie? Are you being misled? Are you misleading others? What's 100% if 4.17% is 16,067,692? Be careful.

[hedgehog 100] 14/5/2021 15:55

14/05/2021 15:18 UKREG Corcel PLC Holding(s) in Company
"... Align Research Ltd ...
Resulting situation
on the date
on which threshold
was crossed
or reached 4.17% 4.17% 16,067,692
----------------------- ------------------- ---------------- ------------------
Position of
previous notification
(if
applicable) Less than 3% Less than 3% 6,560,000 ..."



Nice to see Align Research buying another 9.5 million Corcel shares.

'Putting their money where their mouse is', so to speak.


"CORCEL – TODAY’S MAST IPO HIGHLIGHTS VALUATION DISJOINT WITH CORCEL. REVISION OF PRICE TARGET TO 12.91P. BUY.
... Sum-of-the-parts valuation. Source: Align Research
Our SOTP valuation totalled £52.41 million. Based on the number of shares currently in issue (321,381,614) the per share valuation would come out at 16.31p. On a fully diluted basis, we have adjusted the number of shares by ignoring the warrants that are well under water as they are exercisable at 25p and 60p. This leaves a total of 423,344,819. Adding the funds that would result from the options being exercised of £2.24 million gives a total of £54.65 million, which equates to 12.91p. We have chosen to use this as our new target price – more than four times our previous target price of 3.19p.
We are more than happy to reconfirm our Conviction Buy stance for Corcel, with a new target price of 12.91p. ..."

[kemche] 14/5/2021 15:35

Can you tell what it is yet?

[petebreeze37] 14/5/2021 13:47

Down to 1.6 I reckon.

[rocket26] 14/5/2021 13:30

OMG you put your faith and money into Mr Parsons....
Sound energy, Ascent recouce.... my sides are splitting with laughter at these con artists attempts to borrow genuine money from banks. However he can't cos he's a fraud . So he goes to the dark side and dilutes the existing shareholders 4 times a year. This scam is supported by the rampers .... Heads will roll

[rocket26] 14/5/2021 13:11

OH come on everybody , join in the huge laughter that is Corcel/Regency mines ... Just look over the last 12 months alone 167M shares to a 130% increase...360M... Without any profit increase nor asset assurance.... it's a huge dilution for long time holders year after year..... An environment permit is no guarantee of production for Corcel... It requires a lot more corporate governance to meet the requirements of the PNG government prior to mining.....
This I believe Corcel will fail miserably due to lack of funds and environmental awareness... Heads will roll

[mark10101] 14/5/2021 13:11

Helpful, I am more interested in the direction of travel of the share price, 40% rise in a week is pretty satisfying for me.

Some people are are always looking to the shadows rather than the light....

[kemche] 14/5/2021 12:38

I am going for a cash raise myself - why break a winning habit?

[helpfull] 14/5/2021 12:35

Confounded Mark 10101!

What has happened in the last week?

The landowner at Burwell has not signed a binding lease. Timelines extended by six months.

The 50MW of solar has been put on the back burner, maybe not to be heard of again.

Corcel has bought a 40% interest in a 50MW peaker plant. They will burn gas to create electricity and export the electricity. That will help with zero emission targets, my foot. These peaker plants are 30% less efficient than batteries. Ofgem wants the national grid to move away from peaker plants in favour of battery storage. More efficient. Peaker plants are the power dinosaurs kiddies. There is no site import.Not a good move.

Shares have been issued at 1.3p. Millions. More options on top of those millions at 1.3p and 2p. Shareholder value going elsewhere.

The Aussie partners get 14% bigger share of Mambare and their share of the JV is now 65%. More shares issued, more options and cash given over.

Was there something about SIP? Did you get cheap shares? Do you get a company salary? Do you need extra motivation? Oink, oink.

What comes next? 63,000,000 options at 1.3p are looming. Cash will be dwindling. My guess is:it is a race between the options exercised and the next cash raise. Be careful.

[dennisbergkamp] 14/5/2021 12:22

This board is pretty toxic! - My guji friend, I'm guessing you're out right now?

A lot of rehashing of old posts

D

[rmart] 14/5/2021 12:14

yes, and we will do the same before yr end imo. Just a little more patience until things really start to move. Yes we need to clear the next warrants when the share price reaches 3p to 4p then then the company will have lots more cash in the bank and will be free to move onto double figures.

[hedgehog 100] 14/5/2021 12:10

04/05/2021 07:00 UK Regulatory (RNS & others) Kodal Minerals PLC Mining Licence Update - Bougouni Lithium Project LSE:KOD Kodal Minerals Plc
" ... The ratification and approval of the Company's lodged feasibility study and mining development plan is a major step toward the granting of the Mining Licence for Bougouni. The next steps are summarised below: ..."



Last week Kodal Minerals (KOD) announced progress on it mining licence ... though not the actual grant of it.

And within barely a week KOD had nearly trebled, from 0.12p to 0.322p.

Currently 0.285p, market cap. £44.84 million, a ten-bagger in a year.

[kemche] 14/5/2021 11:43

Agreed mark. Easy 16X.

[hedgehog 100] 14/5/2021 11:39

Still, we shouldn't knock it.

Because the phrase 'useful idiot' springs to mind.

He simultaneously discredits the bear case, and makes our own postings look even better in comparison.

[rmart] 14/5/2021 11:32

He is completely nuts. He will be churning out the same stuff when the share price is in double figures ! whoosh!

[kemche] 14/5/2021 11:20

It's all about Mambare now - which it wasn't before. For a decade.
All the shovels have been bought.
Southport - whoosh!

[rmart] 14/5/2021 11:12

BLAH BLAH BLAH, from 3 years ago... You lost your money, stop crying about it and move on. All is coming together now and you just don't like it. silly boy.

[mark10101] 14/5/2021 11:09

It's a fun thread with Kemeche trying his best, not much fun chundering away in the face of the current rerate, but he is passionate about a stock he does not snd will never own. Not sure where he finds the energy. Each to their own.

[kemche] 14/5/2021 11:00

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.

[kemche] 14/5/2021 10:59

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

[mark10101] 14/5/2021 10:48

Be careful, toast looking a little burnt. Wibble.