Member Info for CPFC84

Didn't he get Mr Wong for that? Think that's the guys name from a fairly recent video they did.

I hope with these new energy storage projects in partnership with ASIP they are more transparent about potential problems than they have been with Avonmouth.

I think what's holding the price back are these free shares management will get reaching performance targets, as set out in the prospectus. That would be material dilution and the market will mark down on the shares being issued but give no credit for the extra revenue being gained because the targets were met. Just IMO.

Appears I misread the presentation and the financial close for the peakers is now October 2022. Bit disappointing.

I do wonder what Align and Sinom, both 8% holders, make of all this? I imagine they won't be patient forever and will hopefully use their votes at the next AGM if progress is not made soon.

Peaker close stated as July 2022 - so no change there. I would like to think if progress was not being made then the presentation would have reflected that.

Mambare mining lease still end of 2022. Again if they were not receiving encouraging communications with the PNG government I would like to think the presentation would have reflected that as well.

Some reasons for optimism here, but also requires patience.

June 2022 has been on the presentation as the time line for financial close for quite a while now, and I have made that point before.

Would you settle for just anything if you were the landlord and read in an RNS that a fund with a capacity of £300m is going to potentially fund the peaker(s)?

I hear you. On a bad day I would be posting like you, and on a good day like today as I have posted previously.

Fingers crossed SK is just taking a bit of extra time to get things right.

The landlord is probably the issue.

How do you get a presumably affluent individual to stop being stubborn and illogical, quickly?

The funder will also need to get this formally past an internal investment panel, and these can meet monthly or quarterly.

A lot of this won't be in SK's control, and does publishing and pointing to person X as the roadblock enhance or destroy trust? No option but to wait I am afraid.

Scott Kaintz said on that Stockbox interview about someone helping with a JORC statement on a Greenland asset even though the deposit was between two moving glaciers. He was saying how a JORC 2012 statement is better than the old standard and how that applies to WoWo Gap. I wonder if that was the Greenland asset RRR failed to sell and blamed it on a Russian buyer using a Cypriot bank? : - )

I wish Scott would resign from the RRR board and break that link entirely. Andrew Bell is not the best person from him to be learning from!!

A nice change - usually NT to sell on Lloyds for just 200k shares!

The latest presentation timeline says end of June 2022 for financial close on the Gas Peakers. Some way to go I think.

In all honesty, sell both. No one will ever take Corcel seriously as a miner to be, but they will take Corcel seriously in the energy storage market.

Another thing - I thought it would be £35k each not combined. I may have misremembered the last RNS!

If I am honest I don't think news is imminent otherwise the directors would not be buying on the open market due to sitting on price sensitive information.

I think their timeline of end of June 2022 (presentation) for financial close on Avonmouth remains realistic. Until then I won't be concerned about day to day movements in the share price.

I think there is a heavy discount due to previous management. Getting the Gas Peakers to financial close will remove this IMO.

I think the market wants to see execution rather than 'nearly there', particularly on the Avonmouth/Tring financial close. After that the sky could be the limit because management at that point have a track record of delivery. That is what's needed to get the herd to arrive.

An update on financial close and execution on financial close are not the same thing, with respect.

The company has indicated by end of June 2022 according to their presentation / timeline slide.

Their holding has gone from 28,150,000 to 26,825,000 so they have sold 1,325,000 shares. Not the supportive shareholder SK thinks they are then?