Member Info for cuddy

Be greedy when others are fearful…… Due to all of the doubt that’s appearing I would say now is the best time for anyone who is looking into Corcel to buy. Progress has been made and I believe it’s only a matter of time before we hear that a deal has been complete

Unfortunately raising finance of projects this size will take time, some 1 year. I suspect if we do get financial close it will be August / September. I’m happy to wait

Hopefully they know something we dont!

it looks like buys. It's showing 8 million buy volume today on IG

Wistful 110 million tonnes x $25 = $2.75bn theoretical project life revenue and not $250m? Still substantial value at a 0.81% grade

Also gap to fill from 2p to 2.2p. This will definitely occur before the end of next week

Moving up on very little volume! When the herd arrives this will fly!!

Simply lovely - nice to see someone building a significant position

I wonder who the big seller is? You’d think leading up to a news rich period those transactions would be buys.

Thanks for clarifying. Definitely not tiny then

Surely the Nikel off take agreement with NPC is tiny?

/ what the value of 0.5Mt would be each year at this price per tonne

Align have tweeted about NPC buying 0.5Mt of DSO off Corcel each year. I was wondering what Mt stands for?

There was an application submitted for Tring too. Unfortunately it didn’t receive a contract

It won’t until the results are made official. Currently they are only provisional. Will hopefully be made official in the next 8 days

Yes Malik. Sniper the reason why their margins is higher is because they can have other revenue streams through the day before market etc. so guaranteed revenue is around £30,590 per MW per year

Trings CMU Identifier is TRIN25

Interested in hearing everyone’s thoughts. Just my opinion about the outcome

Yesterday was a big day for Corcel and in gaining financial close for the peaker projects. It was the T-4 Capacity market auction (agreements that guarantee revenues) which both projects (Tring & Avonmouth) took part in. The preliminary results have been published and unfortunately Tring failed to gain a contract however Avonmouth did. Unsure what this means but at a guess it means that Avonmouth will move to financial close within the next couple of weeks however Tring will be unlikely to as there will now be no guaranteed revenues. The unconfirmed contract awarded for Avonmouth was for 15 years starting in 2025 @ min £30.59 per Kw

21 trades since Monday and only 3 of them are sells. Sentiment seems to be changing