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Davey, if I were in your position I may well do the same as you. I have no problems with your strategy. The aim of investing is to try and make a profit after all. I'm in a different position entirely Davey. As our SP rises I'm just making less of a loss ( at the moment). Hopefully not too long though before my investment also shows a profit. I'm really excited by the numbers from the well and if we get confirmation in the next few weeks who knows where the SP might end up. This one play alone could be huge but what other acquisitions might we get involved in both in Angola and potentially Brazil. Exciting stuff and exciting for all investors even the ones still a little underwater. Gla
Davey, I bought in here a couple of years ago when Corcel were looking at battery storage. My initial buy in price was 1.9 p. Unfortunately Scott Kaintz achieved zero, never got a single deal across the line and the SP ended up where it is today. I've averaged down a bit since but a long,long way to climb before I would even think about selling but at the rate we,re going and the millions of barrels of oil we,re soon to get our hands on I might only have to wait another week or two. All looking Rosey. Good look everyone.
Seems to be lots of buying pressure this morning. Now that the drilling has begun to get at the huge proven reserves of oil we,ve instantly become quite sought after. With our share price and m/cap are so low at the moment the upside from here is massive. We are now a company with big potential to multi bag. Fingers crossed, with our new CEO at the helm we,ve turned the corner and the company can move forward and prosper. The next few weeks will be very exciting and may well be transformational for both investors and the company,which is great news for long suffering shareholders who have kept the faith over the last few years. GLA
Sp down again. No great surprise. I bought in here over 2 years ago and the SP has been heading down hill ever since. Even after averaging down, I'm still £1000,s underwater and I,ve pretty much written off my money. I dropped a big clanger putting my money in Corcel, but nobody's fault other then my own. By far the worst performing share I've ever invested in. I keep thinking, surely we,re at the bottom, surely can't go down any further, but it does. My only crumb of hope at the moment is that Scott Kaintz is no longer steering the ship and that our new man Antoine knows how to run a company properly and can change our fortune's. He certainly can't do any worse. I don't like to run people down but Scott Kaintz,s has achieved diddly squat in the couple of years I've been invested here. No deals done at all. No income stream, nothing. He's presided over a company with no direction and going nowhere other than to the gutter. Rant over. Let's hope our new man does a great job and Corcel prosper from here. GLA. Soz for the moan. Out of character for me
Mt Weld results are a long time coming. Initially told, results in weeks,we,re now into months
Ed, A bit more patience required then ?. Waited a couple of years, why not wait a bit longer. Corcel shareholders need patience in abundance
Sniper, great post. I couldn't agree more. Corcel over the last two years have delivered absolutely nothing. With Scott Kaintz at the helm shareholders have just been made fools of. Let's hope now he's gone the new leadership can turn this around and make a success of it. GLA
I'm personally pleased to see the back of Scott Kaintz. Been with Corcel just over 2 yrs and during that time he's talked a good job but he's achieved a grand total of SFA. In future I would avoid any company he's involved with. Don't know enough about about Parsons to say whether he,ll be a miss or not. Let's hope our new man can do a good job and left the company to a new level. GLA
Luke, I didn't know the presentation was next week. Do we have a specified day ?
As always Nige.
Luke, I hope so. I'm a patient man but I've been sitting waiting for 3 yrs now. Think that's long enough. Time Corcel started delivering. Particularly for long term holders who have hung in there and kept the faith
When it comes to boring share stocks this has to be right up there. No trades, no posts, no share movement. Like watching paint dry. Uninteresting
We need some news Nige. A bit of a test of patience at the moment. Plenty to look forward to. Mt Weld news, the rebrand, potential Brazil oil acquisition news etc but it's just seems slow progress. Hopefully we get some news soon that will be cash generative and get the SP motoring. We,ve been stuck around this level for way too long
Who said 2023 was going to be Corcels year ? A sock market big mover. 6 months in and still stuck in the mud.
RNS has gone down like a lead balloon. Let's hope we get one soon that has a positive impact on our share price.
Another very quiet day. Where's this news stream we were all expecting ?
Good news this morning yet no great change to our share price. Its taking a bit of budging
Confounded, cheers for that. We were initially told that REM,s were very distinct and we,d know pronto within two weeks. Hey ho. Never mind.
We were told we would know what we had at Mt Weld after 2 weeks as REM,s are easily recognisable to experienced miners. 3 weeks later and we are still waiting. Trying to come up with a reason for the silence. Surely by now they know whether we have something or not. GLA
Where's the Mt Weld news ? Overdue in my book. What's going on I wonder. Nowt by the look of it