Member Info for Dicko80

Hi Derry

Are online buy limits that bad ?

What order size have you placed ?

Sometimes I find getting on the blower is easier and they'll sort it

Hi the Rock

"In the ground value of contained nickel"

The projects have been on long term care and maintenace, the MOU was the first sight of real intention to move the project along and into production

Once the mining licence is issued , the value recognition of the assets should be compelling

Thanks confounded,

Quick maths..

Every $1k increase in nickel price is plus $20billion increase in value in the ground of contained nickel to corcel

https://www.solarpowerportal.co.uk/news/tagenergy_makes_65m_acquisition_of_res_99.9mw_lakeside_battery

yes these BB's are for freedom of speech, opinions and as i was sharing...info

i was looking over my notes and it reminded me Mambare had limited exploration todate and this is easily forgotten about

so i was highlighting the additional exploration upside (in theory x33.33 of what has been explored to date)

so if current resource was 1.5mt contained metal, you can clearly see that a 10mt "estimate" of contained nickel over the whole licence area is achievable , one could argue if not a little conservative *subtle ramp*

Morning phil

Thanks for your comments

The rumour, I say rumour but probably better described as "estimate" came from our partners website and if you search the web you'll find many others stating the same "estimate"

Apologises for the wrong choice of wording

We all know how much nickel is worth today not only price but the worth for EV

Mambare has only been explored of around 3% of licence area, to the flanks only

So a massive 97% of licence area yet to be explored

The higher grade is believed to be on top of the plateaus

It is rumoured Mambare contains 10 mt of nickel

@ today's prices that's

$220 billion

Potentially a lot more with demand to push prices higher

So massive upside here and to note that once in production will produce for many generations

Mambare is a monster

Thanks luke

2.75p would only be £10m mktcap shows how undervalued we are even at 2.75p

Hi Luke

The article was from 5th October

We got an RNS a week later about speculation in the media regarding financial closure/partial sale

We had a podcast shortly after this where SK said media speculation generated more interested parties

We then had the podcast mid December, with SK ultra bullish on the peakers

One can only speculate there has been a lot of interest and a bidding war ?

The more you read about our projects and reports In the media , it really reads very well for us and we are quite early in the right company at the right time at a really ridiculous sp and mkt cap with huge upside from here

who are our partners ...... Arlington Energy

https://fortune.com/2021/10/05/europe-energy-crunch-winners-gas-peakers/

maybe the delay in financial closure (avonmouth/tring) has been due to demand

https://www.bloomberg.com/news/articles/2022-01-13/china-hurt-most-by-indonesia-s-move-to-keep-nickel-at-home

Hi cattleman

The business model is so dilution doesn't happen going forward, although you could argue the dilution that has happened previously has been well spent when you look at the deals the company has made , their model is for every £100k spend it returns £1million

The FGS & Battery storage is the company's vision to lessen the need to raise cash

We await financial close on avonmouth & tring rd and if successful will bring a large payment upfront c£2million combined , there is also a 3% fee due to crcl if they arrange finance (rumoured to be £50m finance)
so potential those payments could result in 50% of our current mkt cap
Then there is the free carry , which we will receive a % each year of the revenue, Scott on podcast late last year mentioned £2m

Burwell potential next after avonmouth and tring rd , that's potentially £1.5m management fee , plus the yearly revenues thereafter

So as you can , how important the first deal is to closed out

We then have a pipeline of further projects being worked on and will be announced when "shovel ready" rumoured to be another 270MW

You can see revenues of £5m per year and upfront payments of £6/7m

Sound financial model with blue sky upside of the nickel projects

https://www.reuters.com/markets/europe/nickel-leaps-highest-since-2011-stockpiles-dwindle-2022-01-14/
Nickel hits its highest since 2011 as stockpiles dwindle

LONDON, Jan 14 (Reuters) - Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles.

Benchmark nickel on the London Metal Exchange (LME) was up 0.1% at $22,205 a tonne at 1718 GMT having earlier reached $22,935. It is up about 7% this week.

Prices have doubled since March 2020 but are well short of a record high of $51,800 reached in 2007.

Nickel is mostly used to make stainless steel. Batteries account for 5% of demand, but that could rise to 30% by 2040, said WisdomTree analyst Nitesh Shah.

"There is a broad realisation of just how important nickel is in the energy transition. It's very, very difficult to see how supply of class 1 nickel (used for batteries) can keep up with demand," he said.

"We're very bullish. $25,000 is not where it's going to stop. We can go much higher than that over the next decade."

....................................................

nickel price is up $2000 per tonne in a few weeks

by my calculation our value of nickel in the ground is now worth

wowo 1.33 mt
mambare 1.53mt 41% = 0.6273 mt

total net to CRCL 1.9573 mt

x $22130

$44.26 billion

........................

£7m mkt cap

.....................

interesting times ahead

Morning all

Good to see interest building, volumes surging

Could be news monday , we had similar move prior to the MOU announcement but could just be investors now seeing the potential

I wouldnt worry about the day to day moments , all the hard work has been done by the board , the foundations are in place for us to really kick on this year with all projects and all be bringing in big revenue streams for tiny little corcel

I see us as a growth stock now with lots of milestones near term and as Sniper has alluded to don't forget Burwell , the forgotten one

Personally see it as a minimum 2 year view , £100m + mkt cap and dividend payments paid at
Multiples of current levels

Have a good weekend

Hi Mike

I search

Oro nickel & also EL 1165

Cheers

i've just checked online (last time i checked was before Christmas)

there has been an update

"hearing scheduled"

when listening to Scott last night , it sounded like things might be about to signed off

"moving the right way...perculating"

so not sure when the hearing is or when it was updated but as Scott says...

looks to be moving

sooner we get the ML... no doubt the newsflow will ramp up reg Nickel/PNG

*update*

Newsflow expected 2022

1) 100% ownership of the Wowo gap nickel project - now confirmed - tick

125mt nickel @ 1.06%

Valued in 2009 @ $168m

Newsflow expected

resource updates

exploring synergies with our Mambare project

securing of long term shipping and offtake arrangements. - first tick, more to come ?

2) FGS - avonmouth financial closure

Potential kickback £1.5m and free carry

3) FGS - trinity rd financial closure

Potential kickback £0.6m and free carry

Free carry- revenues year on year

4) FFS - Burwell

Confirmation proceeding to “shovel ready “

Financial closure there after

Potential kick back £1.5m and free carry again

5) PNG mining licence - 20/25 years opens up DSO operation to supply to China
Opens potential JV with big players
Only 3% explored @ Mambare current indicated and inferred resource of 162MT @ 0.94%nickel
Huge project and tied in with Wowo gap offers considerable upside from current levels , 2 large scale nickel projects
Nickel price $20,000 per tonne

*In the ground value $30 billion of corcels share*

6) dempster vanadium exploration - potential 20km strike length

2022 exploration programme

Lots of talk on Twitter recently regarding vanadium

7) further FGS projections - pipeline of projects on the go to be announced when advanced

“ Corcel is also considering working with the potential new investors on a further 270 MW pipeline of other peakers and energy storage sites, added one of the sources.”

"further 270 MW pipeline of other peakers and energy storage sites, added one of the sources.”

8) talk of acquiring other battery project/s

Lots of II on board
including Chinese investor ( nickel/ special source) MAST valuation makes corcel x5 undervalued alone

Low amount of free float of stock

All projects look to have near term events to propel the sp to new levels

mkt cap £6m ! / sp 1.6p

Price targets 20p+

2022 looks to be transformational for Corcel

huge huge upside potential with near term confirmation of revenue streams from both peakers, FGS and potentially PNG DSO operation

"Fast tracked into production "

We are talking a DSO operation not a mine which would take years to build

Please refer to Q&A from end of last year, my question end of page 7, beginning page 8

https://www.corcelplc.com/news-research-events/press-coverage/

."months not years"

Issue of the mining licence is obviously key and of course a massive valuation event for the sp

"£20-£25m capex for DSO operation, we are talking months not years to get it going"

mining licence expected anyday...

NPC and CRCL also agree to work together to identify and secure the funding required to move the Mambare and Wo Wo Gap projects to production.

The term of the MOU is for 12 months

......................................

we'll be in production this year