Corcel Share Discussion Threads

[hedgehog 100] 02/6/2021 19:58

Helpfull 2 Jun '21 - 19:27 - 1355 of 1355 0 0 0
" ... Why did the Chinese billionaire, with all his connections let the WoWo debt go so easily? ..."


Because he had the opportunity of taking a big stake in Corcel, and recognises a great opportunity when he sees it.
That's why he's a billionaire, rather than a trolling loser ...

How many other small mining companies of this sort of market cap. have had a billionaire take a stake in them recently?

So you are quite wrong: these projects WILL be developed, because the numbers stack up. End of.

Projects with just 0.6% nickel get developed, barely half the grade of CRCL's.

As regards the country itself: I think you left out: 'As is the sky falling' ... Ooh, Henny Penny!

Do you have any idea how desperate you sound, LOL!

I've done my due diligence on this country, and I have no concerns.

The recent environmental permit award has vindicated that decision.

[helpfull] 02/6/2021 19:27

On dear! I appear to have touched a nerve. Deranged is a form of madness isn't it? I don't think I have ever had a bomb to lose.

The nickel at WoWo will never be mined. There are larger and higher grade deposits elsewhere. And more accessible. And in a more stable environment. New Caledonia, which you often highlight, being an obvious case. But there are others in Western Austalia, Indonesia, Russia and South America. It's not as if the nickel in PNG is news. Different people have been trying to make a go of it for decades. But the uncertainty of the political situation is a big obstacle. As is the climate. As is the corruption. It is a country where you have to think twice as to whether you should be doing business there at all. The Mambare 41% share held by Corcel will fall to 35% if their partners get a lease. Then the government will want a percentage followed by the local government and officials and finally the land owners. After a major partner is found there would be nothing left for Corcel. The rule of law is tenuous in PNG. There are no certainties. Why did the Chinese billionaire, with all his connections let the WoWo debt go so easily?

A mining set up like that in New Caledonia, would cost billions of dollars. Nobody will take on the risks of PNG. The ridiculous numbers you quote might attract naive investors into buying shares in a very risky company. Be careful.

[hedgehog 100] 02/6/2021 19:13

Corcel's nickel projects also contain very large amounts of cobalt.

Current cobalt price: US$43,615/tonne.

Mambare:
JORC Resource of 162.5 million tonnes @ 0.94% Ni and 0.09% Co (1.53 million tonnes of nickel)

= 146,250 tonnes of cobalt metal
= US$6.4 billion of cobalt metal value in situ

Wo Wo Gap:
JORC Resource of 125 million tonnes @ 01.06% Ni and 00.07% Co (1.33 million tonnes nickel + 83k tonnes of cobalt)

= US$3.6 billion of cobalt metal value in situ

= An aggregate figure of US$10 billion of cobalt metal value in situ, at current prices.

As with the nickel, this figure could be increased by many multiples, as more of these properties are explored, and cobalt prices increase.

And as with nickel, cobalt is a battery metal with an excitingly bullish outlook.

[hedgehog 100] 02/6/2021 18:14

Look at the long term share price chart for CRCL's forerunner RGM (Regency Mines), to see what happened to it in previous nickel booms, and that tells you what's going to happen here in the next one.



Yes, the share price has fallen a long way since then, and there's been a lot of dilution, but that can be an indicator of tremendous inherent value, with previous sums invested not being reflected in the current market cap.

[hedgehog 100] 02/6/2021 17:56

I also have to say, Helpfull, that if you are so good at predicting, how come you apparently lost a bomb investing in the oil sector after the oil price crashed?

I certainly didn't, and I warned people about it, which really was genuinely helpful.

Now you're compounding that error by being bearish on battery metals at the start of a battery metals bull market.

You see, probably the most important factor in resource sector investing is the huge cyclicality of this sector.

You obviously haven't learnt the lesson of your losses, blaming others instead of taking responsibility for your own mistakes.
Which means that you are condemned to relive them.

That's why I feel more sorry for you than I do for Kemche: he is thick and mad, whereas you are embittered and sad.

[hedgehog 100] 02/6/2021 17:42

Seek truth from facts ... not trolls!

And the facts are:

1. CRCL has just received its Mambare environmental permit, which makes the award of its mining licence a formality.

13/05/2021 13:00 UK Regulatory (RNS & others) Corcel PLC Mambare: Grant of Environmental Permit LSE:CRCL Corcel Plc
"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."


2. Corcel's Wo Wo Gap and Mambare projects have a nickel content of about 1%, which positions them in the upper level of low-grade nickel ore:

"All nickel ores have relatively low nickel content, the classification is as follows: high-grade nickel ore has Ni content greater than 1.8%, middle-grade nickel ore has Ni content between 1.3-1.7%, low-grade nickel ore has Ni content between 0.6-1.2%. Nickel is continuously mined, even at these low percentages of ores, because it is in high demand."


So nickel is mined at barely half the nickel content of CRCL's projects.

And a combined Mambare and Wo Wo Gap nickel operation could potentially be the biggest nickel operation on the world, with multi billion dollar a year revenue, and is very well-placed for the Chinese market.


Remember also that lower grade mining projects are more geared to changes in their commodity prices.

Which means that increasing nickel and cobalt prices will have a greater % impact on the value of CRCL's projects than with lower cost projects.

That's precisely why it's projects like CRCL's that you want to back at the bottom of the mining cycle, like now, as they're the ones that can deliver the biggest percentage gains.

The lowest cost projects tend to be developed first, but as they're worked out the market has to turn elsewhere to meet soaring demand.

Soaring prices completely transform the economics of projects like CRCL's.

[helpfull] 02/6/2021 17:25

Only a thousand words? I thought you only talked in billions of is it trillions? You ask for predictions and when I give you one you say I am deranged. Very naughty. I understand you are upset. Left at the alter by rmart. You were such a lovely couple. You had a special thread all of your own. But sadly he has gone. And so has Burwell. And there's nothing of substance left is there? You are making a good fist of pretending there is. But we all know there's nothing left don't we? Be careful.

[hedgehog 100] 02/6/2021 17:00

TROLLING RESULT MONITOR UPDATE, 2.6.21

From Hepfull's ADVFN profile:

"Helpfull
Member since: 06 Jul 2020"


Helpfull's first bashing post on RGM/CRCL was made on the same day he joined ADVFN:
Helpfull - 06 Jul 2020 - 23:30:52 - 17413 of 17847

On 6th. July 2020 RGM opened at 0.825p, and closed at 0.85p.

Current CRCL s.p.: 1.775p, i.e. 108.8% up since Helpfull started his deranged bashing campaign.

Enough said I think.

A chart tells a thousand words:

[kemche] 02/6/2021 16:54

Yes but what about Southport??? Or Metcoal??? Or White Elephant Car company???
Or grass?

Let's just have the bloody fundraising for gawd's sake!

[kemche] 02/6/2021 15:39

Kemche was the worst predictor at AERO too when it went up a thousand fold.

Bring on the fundraising.

[hedgehog 100] 02/6/2021 15:11

Interesting tweet from Corcel this morning:

"Corcel PLC @CorcelPlc· 5h
#CRCL #Nickel
𝗘𝗩 𝗜𝗻𝗱𝘂0320;𝘁ҳ19;𝘆
• Although China is leading in global sales of new energy vehicles (NEVs), it may also make an entrance into western markets
• Analysts believe that China will begin selling to global buyers within the next few years
hxxps://buff.ly/3eNg6e9 "




China is clearly going to be desperate for more nickel.

I wonder where they could go for a huge new supply, in their part of the world ...

[hedgehog 100] 02/6/2021 14:16

Kemche was the winner of the 'worst prediction of the year' award 2020:
On 23rd. October last year, he predicted that the RMS share price would collapse back to 0.3p from about a penny. The very next trading day, the share price doubled.

Now it's deja vu all over again!

Exactly the same sort of posting from Kemche, tell blatant lies about imaginary fundraisings.

About £1M. net of new funds has just been raised by CRCL this spring, ahead of a summer of huge news.

There may be no need for fundraisings as such at all if CRCL monetises some of its brilliant FLS assets this year.

But if it wants to, the gameplan here will be the same as at other relatively recent and rapid tenbaggers I tipped in advance: TERN, IQAI, and RMS.

Which is to multibag the s.p., then raise more funds at much higher prices to
develop the business.

Any predictions as to the share price when CRCL has a big share of Wo Wo Gap, gets its Mambare mining licence, and is developing its FGS assets?

A lot higher than now, that's for sure.

[bambos22] 02/6/2021 13:04

Kemche asking silly questions again.There will be no fundraising. Corcel has plenty cash from warrants..

[kemche] 02/6/2021 12:54

Buy when it is grass.

When is the next fundraising?

[bambos22] 02/6/2021 12:12

Buy when other are unhelpful

[bambos22] 02/6/2021 12:05

Battery storage is all on the asset portfolio. crcl has a great mix of Flexible Grid Solutions as the county transitions into renewables.Very little volume driving the share price at the moment, hence why you have the trolls out in force preying on the weak.Don't worry.. will soon be over 2p again very soon. Buy when others make you fearful

[helpfull] 02/6/2021 11:40

Are peaker plants already yesterday's technology? Burning gas. Expensive gas. The government already knows that battery storage is 30% more efficient than burning gas to generate electricity. The national grid is adopting the policy of using battery storage electricity over gas peaker plant electricity and hopes to pass £1,200,000,000 in savings onto the consumer in the next ten years. As well as saving the environment. Shell has been told by government and shareholder to move to renewables. The writing is on the wall. Gas guzzling peaker plants are past history. Serious investors will not want them. That's why you can buy a 40% interest in them for £150,000 and a few shares or £72,000 for "six months of exclusivity". Be careful

[bambos22] 02/6/2021 10:03

Mind the language troll

[bambos22] 02/6/2021 10:02

Money is in the bank Maybe we should follow the MCCAP in recent months :).. kinda tells you where the shareprice is headed :)

[kemche] 02/6/2021 09:56

"Follow the money."

I wish I could.

Where has it ALL gone????

[bambos22] 02/6/2021 09:53

Check the graph... It wasParsons is the master.Watch Corcel go skyward..Align heavily involved.Follow the money.Oh you are after cheap shares !!! :)