Member Info for CPFC84

Exactly ..

In the presentation they have financial close for Avonmouth/Tring by the end of June 2022. This is reasonable to me, and in the grand scheme of things is not far away.

So what do we think about Options at 1.7p, contingent on the award of Mining Licence at Mambare?

I would still like a capex figure so the market can determine just how huge the profits could be.

Tring - Do we think the landowner will wait for the next auction without charging rent? I would imagine Corcel have to speak with the landowner on what to do next. A disposal may also be possible - sell the rights to the connection to another party who can afford to wait for the next auction?

I wonder if SK will RNS the auction result and confirm a party is now ready to complete on Avonmouth?

"To allow discussions with potential funding providers additional time to conclude, both parties have mutually indicated that they consider the existing agreement and rights extended, though no formal extension documentation has been executed at this time. "

Avonmouth - I believe this is the site where Corcel and the land owners consider the lease to have been extended, but have not signed a formal agreement. Fingers crossed the land owners don't start being awkward post auction.

I am trying to find capex figures for a 50MW Gas Peaker? Any ideas?

Sorry page 9.

Fingers crossed Arlington Energy page 14 is Tring Road, but don't have time to piece it together right now. Maybe someone else can?

This is the link from google: https://www.emrdeliverybody.com/Capacity%20Markets%20Document%20Library/T-4%20DY%2025-26%20Provisional%20Capacity%20Auction%20Report%20v1.0.pdf

Can see the one for Avonmouth in the file page 14.

What is the company name for the Tring Road project?

Also interesting that Arlington have secured capacity on page 9.

I am not convinced an updated JORC for WoWo will do anything for the share price. The market wants a financial close to restore faith in SK as a CEO IMO. Obviously hope I am wrong when the JORC comes!

There are things SK can do:
1. Resign from RRR and his other directorship to demonstrate he sees Corcel as his career defining achievement.
2. More share purchases with his generous salary. He must have some money spare?
3. Update the website so the number of warrants outstanding are clear.

I feel the same. He was either lying or a promising potential finder pulled out.

He chose the lesser of two evils by creating a floor (and brake) with warrants at 1.5p rather than a placing at 1p. So for that I am marginally grateful.

It appears he is looking after Align first and foremost and forgetting his PI base.

How do you explain that we are not far off from March yet SK was very bullish just before Xmas? It took months for it to be teased out of him that Burwell had issue(s).

I am a holder and I think this will come right, but I would rather he didn't set expectations to then miss his own time frames.

It would be nice to show his commitment to Corcel if he resigns from RRR as well.

With my cynical hat on, I would say SK did that interview in December to raise the share price to get a traditional placing away. That did not work, hence the announcement today.

I would be surprised to see financial close by the end of March 2022, but could be wrong.

The only good thing while we wait is that it does not look like there is volume in the background indicating a placing.

I am hoping that is a sign SK expects completion and cash soon.

We will see if I am clutching at straws or not.

I see SK has not posted on the company Twitter account for a while. This is unusual for him. Hopefully he is busy with value added activities that will improve our wealth : - )

I would not want to be in his shoes if what he said in the December interview does not come to pass. He has raised expectations, including mine, very high.

Thanks Hedgehog, it was the timing that fooled me.

I suspect they will keep rolling forward these debts year after year as a way of issuing cheap warrants to those who support the company.

Then they will use development fees to recycle into new projects and demonstrate regular flows of income to borrow for DSO for Mambare.

Hi Hedgehog, at the year end June 2021 I can see debt relating to YA and Riverfort, which has been dealt with today.
There is a further £65k under short term liabilities. I am struggling to see an RNS since 30th June 2021 stating CRCL owe Align £500k. Nor can I see it as a note in the accounts.

Can you help enlighten me? My apologies if I have made an oversight.