Member Info for CPFC84

It is interesting that: 1) James Parsons wanted shares and reasonably cheap warrants, and 2) current debt holders allowed Corcel to rollover the majority of the debt.

If prospects were bleak I don't think this would have been achieved.

He is further misleading because some debt was repaid post year end.

I don't expect any this week. Got more of these short videos to get through first on Twitter, so I wouldn't anticipate anything before next week.

Seen this at EUZ (no opinion on them!):

"Adam Habib appointed as corporate adviser to the Board in January 2021. The appointment has subsequently been terminated with effect from 1 November 2021."

Perhaps RY should be credited for getting rid of him reasonably quickly.

Yes, along with: Greenland sale falling through because of the Cypriot banking crisis, failing to manage El Limon, not selling JMS shares at their highest price because of a gentlemen's agreement with Brian Gilbertson. I could go on if I could be bothered to go through the memory bank.

At the end of the day Gary Carp and MrMagic was right and I was wrong. RRR is a good company to use to identify red flags in other companies you consider investing in. Poor corporate governance, no director buying, CEO/Chairman who lines his own pockets but never creates value for shareholders.

Nonetheless I hope long term holders one day get a spike in the share price that will allow them to exit.

My wish list:

Financial close of Tring/Avonmouth
Declare a lease has been signed off for Burwell
Pay off the remaining debt on the balance sheet
State management will not increase their salaries just because they hold a million or two in cash
State their focus will be converting new pipeline of projects into another set of Tring/Avonmouth/Burwell
More director buying

All that would lock me in as a loyal long term shareholder for years.

The market is waiting for execution and delivery. The share price will trade in a narrow range until this happens or if there is a fund raise.

I am bored of daily macro tweets. I want execution of their strategy.

Yes, because they do not seem worried about cash at all.

Found it:
150m performance shares for free. Targets don't look that difficult.
150m management warrants at 1p per share, raising £1m cash.
320m warrants at 2.5p per share, raising £8m cash.

Hopefully management only sell the number of warrants that pay for the exercise and keep the rest. That would be the biggest buy signal they could send for me.

I have been reading and warrants and options could bring shares in issue to 2.1billion. Does anyone have a list of numbers and executable prices?

Now we know why CRCL would not sign lease terms with the new land owner. Potential issues delaying the whole site.

Hopefully some progress on the other two soon beyond saying delighted with ongoing discussions.

Maybe a full disposal of Burwell is not a bad thing. Monetise the project with awkward partners and focus on the other two that are shovel ready.

Thank you for clarifying : - )

I am guessing the land owner on the original site won't budge on the lease costs thinking they can secure their own grid connection?

Pathetic RE: Burwell. In the presentation it says they are considering alternative sites for the grid connection, so the land owner is clearly not cooperating.

This Q&A is useless unless there is a meaningful update RNS before it tomorrow morning.

Maybe someone should create a Telegram group instead?

Thank you. I am @19_Gazza_84 on Twitter.

What's the name of the CRCL shareholder chat group on Twitter?

So UBS may have purchased one day and sold the next. 9.6% shares of the company. Sinom are listed on the latest presentation as a 9.67% holder. Really SK should clarify on Twitter who now holds that 9.6% of the company.