Corcel Share Discussion Threads

[kemche] 05/6/2021 13:55

"You make my flesh crawl, you pernicious little parasite."

There there now "You evil c--t!!"

Let's just have the fundraising already.

And the purchase of grass.

[hedgehog 100] 05/6/2021 13:48

"The problem might come if the rmart rumour is true ..."

It would be a problem for you Helpfull.

Because the rumour was that the Burwell landowner was going to lease to CRCL directly, without selling the land first.

Bring it on I say!

As regards the rollover: millionaire professional investors with that sort of facility know what they're doing, unlike tinpot trolls like yourself, so I don't think they need the advice of a loser like you.

They may have decided to run their profit, and with everything looking so bullish you can understand why:
• Company well-funded for 2021.
• Big bullish newsflow due in the near-term
• Chart momentum building.
• Bullish green energy and battery metals background.

Your track record on predictions here is abysmal, with a series of humiliating failures.

So the lesson about your postings is very clear: be very careful!!

[mark10101] 05/6/2021 13:31

I am enjoying this thread again as quicker to read with the last 5 posts,

Wibble

Hedgehog 1005 Jun '21 - 12:13 - 1419 of 1422
0 0 0
Don't be silly Helpfull - where have I said that it wasn't a rollover?

But the fact is someone has bought back £178.5K. of shares, not £2K.

To have that sort of trading facility they are probably professional, and with a million pound + portfolio - either an individual or institution.

So they know what they are doing, and must be very confident of some more very big and positive developments here in the short-term

Wibble

Wibble

Wibble.

[helpfull] 05/6/2021 13:28

Silly? According to your logic if the shares were bought back for £178,000 then they must have sold the 10,500,000 shares also. Which means they had no faith in the company. And then bought back. Your naivety is astounding.

The trade is important enough though to be highlighted. Well done. It represents the type of trading going on in Corcel. Someone took shares in the company on probably a 20 day rollover in the hope of higher prices. It didn't work. It takes a few thousand pounds to continue holding for another 20 days. It was pumped up once wasn't it, so why not again? The problem might come if the rmart rumour is true and the share price falls further. There will be an awful lot of speculative shares dumped. And the £178,000 speculation will be called in at the wrong time. Those 10,500,000 shares might have been bought initially at 2p+ so the speculator might be chasing his tail. This share could fall to 1.4p or lower with the rmart rumour being true and a £30,000 loss achieved. The trade is not an indicator of a good investment but an indicator of failed speculation. Otherwise it would have been closed. And there might be more to come. Be careful.

[kemche] 05/6/2021 13:23

Parsons.

Kaintz.

In the SAME company.

As HH!!!

How many red flags FFS?

[kemche] 05/6/2021 13:23

"Quick look at their recent accounts, are they not going to be needing money very soon?"

Good question to which the following may prove useful:

This only in the last 15 months:

December 2019 - £830,000 placing
April 2020 - £470,000 placing
June 2020 - £220,000 placing
October 2020 - £750,000 placing
February 2021 - £300,000 placing

And therefore one has to ask:

6 monthly "Admin costs" £493k.
Loss for the six months £526k
Cash at bank at 31 dec 2020 £180k.
Cash raised so far - squillions.


Net cash flows from operations (outflow) £536,000
Divided by six is circa £90k a month cash burn rate

[kemche] 05/6/2021 13:21

HH, Is it because they know that this is a $ 1 Trillion company?

Let's just have the fundraising for gawd's sake.

[hedgehog 100] 05/6/2021 12:13

Don't be silly Helpfull - where have I said that it wasn't a rollover?

But the fact is someone has bought back £178.5K. of shares, not £2K.

To have that sort of trading facility they are probably professional, and with a million pound + portfolio - either an individual or institution.

So they know what they are doing, and must be very confident of some more very big and positive developments here in the short-term.

[helpfull] 05/6/2021 12:02

You are lying to keep the share price up or you are so naive and idiotic that you shouldn't be allowed to post on bulletin boards. Are you ignorant of trading practices? Does everything have to be explained to you? Similar to a B&B? Does that help? Be careful

[hedgehog 100] 05/6/2021 11:37

"Sold and bought back for a few thousand."

No, it wasn't.

It was bought back for £178.5K.

And as regards idiots ... look who's talking mate!!

The biggest idiot is you, for calling CRCL so abysmally wrong:


TROLLING RESULT MONITOR UPDATE, 5.6.21

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.: 1.65p, i.e. 94.1% up since Helpfull started his deranged bashing campaign.

Enough said I think.

A chart tells a thousand words:

[helpfull] 05/6/2021 11:15

It's a 10,500,000 share rollover. Sold and bought back for a few thousand. Someone who believed the myths peddled on bulletin boards by fools like yourself. Perhaps the myths are still believed. A good example of overcommitting. A good example of hedgehog losing money for someone because of his trillion dollars company prophesy. Yes. $1,000,000,000,000. That's up there with Apple. A living example of an idiot being up with the fairies. There will be many other people who are locked in with losses. The shame of it. Be careful.

[hedgehog 100] 05/6/2021 10:54

04-Jun-21 15:49:46 1.70 10,500,000 Buy* 1.60 1.70 178.50k O
04-Jun-21 15:49:46 1.70 -1,500,000 Buy* 1.60 1.70 -25.50k O
04-Jun-21 15:49:29 1.685 10,500,000 Buy* 1.60 1.70 176.93k O
04-Jun-21 15:49:29 1.685 -1,500,000 Buy* 1.60 1.70 -25.28k O
04-Jun-21 15:49:46 1.70 1,500,000 Buy* 1.60 1.70 25.50k O
04-Jun-21 15:49:29 1.685 1,500,000 Buy* 1.60 1.70 25.28k O


What is frightening Helpfull is your continued and extraordinary lying.

A trade of £178.50k is described by you as "a couple of thousand pounds" - barely one per cent of the actual figure.

Still, at least that gives us a 'Helpful' template to work with for your postings!

[hedgehog 100] 05/6/2021 10:47

bambos22 26 May '21 - 18:25 - 1190 of 1414 0 1 0
"James Parsons.. Sou £2m to £800m
CRCL next...and why not..
Right place. Right time"



Thanks Bambos for that useful snippet on another thread ... I like the Sound of it!

And let's not forget Ewen Ainsworth at GKP, which nearly 100-bagged at one point during his directorship ... a clear Gulf in class!

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." "



So the Parsons-Ainsworth-Kaintz combo should certainly PAK a punch!

[helpfull] 04/6/2021 20:40

It's frightening if anyone believes those trades were anything but fat fingers trying to input a rollover trade. Is that the level here? Someone invested or gambled a couple of thousand pounds.Be careful.

[mark10101] 04/6/2021 18:23

Crikey, the wibbles stamina in the face of contra trend is phenomenal, back to seeing pages of filters.... some interesting late trades just popped up.

[kemche] 04/6/2021 18:08

Parsons.

Kaintz.

In the SAME company.

As HH!!!

How many red flags FFS?

[kemche] 04/6/2021 18:06

Is there not a successful thread where $ 1 Trillion lies can be peddled?

[hedgehog 100] 04/6/2021 18:06

Ha ha ha ha ha!

[kemche] 04/6/2021 18:05

And therefore the question has to be posed: where in the name of bamba has ALL the money gone?????

[kemche] 04/6/2021 18:05

Helpfull3 Jun '21 - 12:33 - 1375 of 1400
0 1 0
How close is the next fundraise?

At the start of 2021 Corcel had £180,000 cash.

Corcel raised £300,000 gross on the 18th February 2021 which costs of 10% would bring down to £270,000.

Exercise of warrants in April and May 2021 brought in £686,736.

Total cash funds would be £1,166,736.

There are costs though.

Administration costs of £493,000 can be expected for the half year to 30th June 2021. Same as first half
£150,000 was paid for 40% interest in the Tring Road peaker project.
£72,000 was paid for exclusivity at the Avonmouth peaker project.
£100,000 exploration costs at least can be expected from Mambare (£205,000 for last full year).
And only £200,000 was received to the accounts from the 12th May 2021 warrant exercise, not £300,000.

"£200,000 of these proceeds have been credited to the Company's account with the balance having been netted off and utilized to repay in full the loan facility originally announced on 18 February 2021".

That gives a present cash figure for end June 2021 of about £251,736.

But the company must be forward looking. Expected costs for the next six months include: £493,000(admin), £100,000(exploration costs), another £72,000(Avonmouth?) and perhaps £286,756 (loan repayment on 23rd December 2021 + 8% int).

That comes to minus £700,020 at end of December 2021. The next cash raise, as always with Corcel, is imminent. Be careful.

[kemche] 04/6/2021 18:05

"You make my flesh crawl, you pernicious little parasite."

There there now "You evil c--t!!"

Let's just have the fundraising already.

And the purchase of grass.

[kemche] 04/6/2021 18:04

"Quick look at their recent accounts, are they not going to be needing money very soon?"

Good question to which the following may prove useful:

This only in the last 15 months:

December 2019 - £830,000 placing
April 2020 - £470,000 placing
June 2020 - £220,000 placing
October 2020 - £750,000 placing
February 2021 - £300,000 placing

And therefore one has to ask:

6 monthly "Admin costs" £493k.
Loss for the six months £526k
Cash at bank at 31 dec 2020 £180k.
Cash raised so far - squillions.


Net cash flows from operations (outflow) £536,000
Divided by six is circa £90k a month cash burn rate.

[hedgehog 100] 04/6/2021 18:02

Note also that CRCL has some very valuable FGS (flexible grid solution) assets that it can sell to one of the many funds competing to buy such assets.

And CRCL's 7a.m. RNS last Friday talks of marketing this portfolio jointly this year:

28/05/2021 07:00 UK Regulatory (RNS & others) Corcel PLC Acquisition of Third 50MW Flexible Energy Project LSE:CRCL Corcel Plc
" ... Chief Executive Officer, Scott Kaintz commented: "Following closely behind our recent acquisition of the Tring Road gas peaking complex, we have now added a further 50MW of flexible energy generation at Avonmouth. Avonmouth is already "shovel ready". Our expanding partnership with Electric Land brings with it a dovetailing of capabilities and interests; ours in the underlying energy projects themselves and theirs in the land ownership and ongoing land lease revenue. Our present intention is to seek to bring Avonmouth to financial close during the course of 2021 leveraging the existing efforts already underway for Tring Road and Burwell, marketing the project portfolio jointly." ..."


In conclusion:

1. CRCL looks to be well-funded for the rest of this year.
2. We can expect a series of major RNSes from CRCL in the interim, driving the share price to much higher levels: e.g. Burwell lease, Wo Wo Gap deal, Mambare licence, etc.
3. CRCL has a stream of FGS assets it can sell to fund its cost base.

And all against a backdrop of a developing battery metals and green energy bull market, and a rising nickel price.

[kemche] 04/6/2021 18:01

And therefore the question has to be posed: where in the name of bamba has ALL the money gone?????