Member Info for Confounded

Preferably the telegram one please.

Does anyone have a link for the CRCL telegram group?

I only use them as a guide, but ticks all the boxes I look for. We are above the 100day MA, if you draw a line from the peaks of the summer spikes during the decline we have broken out from the down trend. Throw in the massively under appreciated recent news and this couples great technicals with great fundamentals imho. I have doubled my holding over the Christmas period with two more buys today.

Just topped up some more myself, the chart is looking enticing.

Nice positive update to start 2022.

CRCL is not on many peoples radar, also there is a historical mistrust of the management, something that takes a while to shift, and it is only shifted by delivering. I scaled back my holding in the summer of last year, however as the management have delivered I have been rebuilding my position, imho it seems crazy cheap for what has been delivered so far, but the chart is looking primed and it could be one of those that just pings on a quiet day.

Wistful, thanks for the reality check, Mr 5 poster drop in drop out bundle of negativity.

I don’t think anyone is hear waiting with baited breath for them to get the first Ore out of the port. Although management have stated months not years. We are hear because it is a £7m MCAP company. If the market believed we would start getting revenue in this year I think we would be closer to £50m MCAP then yesterdays £7m, for the Nickel projects alone…

I suspect most are here because we are a £7m MCAP company that is building out projects worth many multiple of current MCAP, whether they sell them or JV them.

This is a good podcast with Scott that I mentioned below.

https://podcasts.google.com/feed/aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzUwMjE4NDMucnNz/episode/dGFnOmF1ZGlvYm9vbS5jb20sMjAyMS0xMi0wMTovcG9zdHMvNzk4OTA0Mw?ep=14

http://www.alignresearch.co.uk/corcel/nickel-offtake-signed/

It does make me think back to Scott’s recent interview where he discussed how to move forward with the nickel assets. I think investors are missing a trick with todays news. This is not a normal mining outfit where we have to slug on to the bitter end. With correct permits in place and with a possible move to bring 100% control of the Membare assets to CRCL, coupled with the current MOU this is an oven ready project for someone.. With Membare worth £40m on its own at one point, before these developments and excluding WOWO, CRCL could sell on for many multiples of the current share price. Giving some solid capital to push on with the energy projects. Just a thought.

Yes but it is 1% nickel.

Well I put my money where my mouth is and picked up some at 1.6p, would only let me half half what I wanted which is normally a good sign with CRCL.

HH you need to adjust for our working interest, to be conservative I am assuming most will come from mambare initially so maybe 50% of that figure. But huge for a £6mcap company.

I remember Scott saying direct ore shipping could be set up quick, so maybe even revenues in 2022.I think the market it reading this as great news, but as with typical mining operations it will take years to come to fruition, not so as I understand it.

It does not sound much 0.5mt/a but that is 5000t/a (at 1% nickel) at $20,000/t current price at the start of a bull market for nickel.

Very happy to sit on my hands here. I am not sure if anyone has crunched the numbers, but even taking into consideration of our working interest, with $20k/t it is substantial annual revenue for a company with our MCAP.

“COSMO AM&T is a publicly listed Korean company with a US $1.3bn market capitalisation and is the number 4 lithium battery cathode producer in Korea with a capacity of 12,000tpa, serving customers such as Samsung, LG, Sony and Umicore.”

Interesting to see the Nasdaq up a 15% delta after hours on Friday, let’s hope this week brings more positive discussion here, 4D will turn on a sixpence and will leave many wondering what has happened over the last 6 months IMHO.

T72, I am not too worried about that as Nick and team are very focused on preserving shareholder value when they surrendered their options at 6.9p shielding us share holders from dilution when we hit double figures. I am sure this clause will not results in the deal being done at this level, it would make the options surrender look pointless and bad. Hopefully Nick and team can get the news machine rolling and get us into double figures shortly.

C2G, we are in a partnership, not the driving seat. I still believe there could be a positive near term result for Burwell, however for me Burwell is just one aspect of CORCEL I invested in.

Agreed, Burwell really should have started by now, let’s hope that work out a quick path from here.

With the Burwell negotiations ongoing I suspect looking at other sites is part of the negotiating/strength Corcel are applying because we own the grid connection. I personally feel they will come to an agreement as it is in both parties interest to do so.

I was encouraged by the Nickel project update, still looks like plenty of news over the coming months.