Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Also MH with the Nickel price more than doubling since the original JORC leaves us with $29.5B in ground at today prices if my calculations are correct.
Looking forward to an update on the discussions with our Nickel partners and the bank that showed interest a few months ago.
Mcfcnige, let’s hope the management have got a barrage of news to hit the market because that is what AIM stocks need to make real progress. They have got some great foundations in place, just a case of upping the tempo.
Great news on the energy projects with a serious partner, however we must be nearing some news on the Nickel projects, I just took another 100k that was marked as a sell.
Agree Porky, good to see 4D close strong in the US on a day the DOW was down 1000 pts.
Sniper, it is a Market Musings with Fairbairn & Russell, the same guys who interviews Scott recently. It is their latest one from 3 days ago.
https://podcasts.google.com/feed/aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzUwMjE4NDMucnNz/episode/dGFnOmF1ZGlvYm9vbS5jb20sMjAyMi0wNC0yNjovcG9zdHMvODA3Mjc0NQ?ep=14
A good general listen, but 28 mims in interesting comment re Nickel and majors hovering around.
http://www.alignresearch.co.uk/corcel/corcel-deal-signed-develop-project-pipeline/
Agree again Snipper and as per my post below, funding is what the industry is missing, CRCL will work with Altana to maximise returns, if a landlord is not playing ball there are many projects around the country that will be more interested. The market was only ever pricing in CRCLs energy projects as conceptual IMHO, this makes this arm of the business very real. This is a solid step forward in gaining traction in this segment for CRCL.
Meanwhile I wonder how the Nickel assets are getting on, the sleeping giant it is.
As per Aling’s recent tweet, I agree this was a key take away for me, that gives me hope it unlocks some new projects in the pipeline.
https://twitter.com/alignresearch/status/1519566026912178176?s=21&t=DNasuEAfMSbfDy08RnkZTQ
“Whilst the Corcel and ASIP partnership originated from the funding process for the two 50MW gas peaker projects at Avonmouth and Tring Road, the envisioned partnership is designed to be broader, potentially including multiple battery storage sites across the UK alongside other projects.”
Sniper agree with both posts, a great result for CRCL, work to be done but with a funding partner it takes all Corcel projects to the next level and enhances negotiations that still need to be done. As hinted at before other acquisitions may be appearing soon also, some more shovel ready than current projects as funding is what is missing from most these projects around the country. CRCL being listed and with this new access to funds puts us in a very strong position.
Let’s hope this is the start of a news rich period for CRCL and it starts to flower.
I only have access to the March presentation on the company website, which one are you referring to rya?
https://www.corcelplc.com/wp-content/uploads/2022/03/202203_CRCL_PPT_FINAL2.pdf
The one I have access to (above) shows Mambare Mining lease any time now, WoWo Jorcs anytime now, Tring road and Avonmouth financial close anytime now. Please post the presentation you are referring to with things happening in September or are you just on a Saturday afternoon wind up?
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Thanks Pedrobull, the point I was making is I don’t care what Align say, the assets and sectors are the key here, align could have a 3p target and it would not change my personal views. I would suggest you take any price target from any broker/large holder with a pinch of salt, but thanks for your shared research on align, it was very fresh and cutting edge.
Well their price target was at 19p, since then CRCL has found themselves at the centre of a global storm for the assets they own. I don’t think it matters what price target they set, if they can deliver an accelerated approach to monetising the assets we have both could be conservative.
I really do see CRCL as 100x potential(MCAP), but atm the market is cautious of a management team that have taken more remunerations than they have added to the share price this last 12 months. As I have posted before I am a bigger believe on sector strength than management strength. The sector is on fire and I really do like Scots passion that comes across in interviews, I am betting he will deliver and deliver big.
It was an up day, we closed at 1.475p.
Thanks Sniper, very interesting times ahead. Timelines also given, that should cheer YRA up , I thought pretty acceptable ones at that. More meat on the bones than I was expecting from that interview, very happy to be holding at this level.
YRA, why on earth would we want time lines. We have been waiting nearly a year for the mining licence to come through.
I think few are here waiting for the day CRCL gets going with the picks and shovels. You need to look at the bigger picture, I am sure you understand, but it is worth reiterating what CRCL is, they take cheap assets they have accumulated in less positive market conditions (the trends were there though) and they work a way forward to extract value. With the nickel market in turmoil it has totally changed the landscape for the nickel projects, they were very promising before, now they look exceptional. CRCL is MICRO cap company with assets so large my calculated puts it into exponent format when returning answers to me.
Let’s see where this weeks goes as the upcoming meeting clearly has a lot to talk about.
Great timing as you say. The infrequency that the warden meetings happen it is great to get this positively behind us, certainly in the lead up to further discussions at the end of this week.
https://twitter.com/marketmusing/status/1507357599339278343?s=21&t=obbHzw3LmGLHwL6pNWTahw
I should’ve posted that last post in 22 mins time and it would have been exactly 1 year ago :-)
Interesting I was looking through my old posts on my thoughts on the importance of managements. Amazingly similar conversations were going on this time last year. The good news is since that post the sector sentiments could not be better atm. Nickel is back on the rise as the struggle to contain the crazy short position. I have every confidence the management will deliver and deliver big.
“RE: CRCL24 Mar 2021 20:40
I personally have found management to have little correlation to my investment returns, the right product/service in the right market sector market cycle is what has counted for me. I used to be the sort of investor that thought I was doing solid DD by striking up email connections with CEO’s. Not something I will be doing in future. CRCL has the right assets at the right time, very happy to leave the management to it.
If you are around AIM long enough you can follow a successful CEO from one business to the next for them to completely mess it up, particularly if that sector turns into a bear market. Then there are CEO’s that have presided over massive declines for share holder to move to the right sector at the right time, making it big. This is only my experience and we all find our own ways to make Money.
£4m MCAP for the prospects in hand with the market trends we are seeing for this space!!! I don’t think it will be many weeks before CRCL make a new all time high.””