Member Info for mcfcnige

New note from the broker, interesting line in it:-)

We reiterate our target price of 1.00 pence per share. The next

potential catalyst is the acquisition of an additional interest in KON-16. An additional 5% interest has an unrisked Net Asset Value (NAV)of ~0.40 pence per share.

Sounds like a lot of gas if we take up the option?

Morning Ed,

Good post, that is a big raise and an excellent price.

A cryptic message from SG at the end of the video

There is plenty of news due over the coming weeks, so hopefully lots to about.

Update on 2 Angola wells

The data from the Aircraft radar thing over KON16

Results from the Brazilian gas workovers.

Hopefully they plan a series of announcements to the market?

Good find Luke, it makes great reading

Hi Luke, it’s very bullish.

1p target this year and over 4p if KON16 is successful

Happy New Year Luke.

Lots of news due, so lots to look forward too.

Onwards and upwards

Hi Ed,

Just looked at the presentation,there is no mention of Mambare on there,the sale must be going through?

Morning Ed,

Hope you had a good weekend.

That was a very bullish statement for sure.

It seems like they are keeping the mining portfolio and are going to announce something in the new year in regards to that?

They sound up for the challenge, so hopefully more progress next year

Thanks Nige

We are waiting on quite a lot of news, so maybe some released next week?

Morning Ed,

Yeah let’s wait and see what is announced next.

The interviews from SG and GG have been very infomative and it sounds like they are working on a number of things.

They keep dropping hints about the 2 wells drilled this year and possible production,so that would be a nice bonus.

Market cap now under £5mill, with Angola, Brazil and Mambare that seems undervalued to me?

Thanks Nige

Hi Ed,

Hope you are well.

I noticed on the AGM statement on the website, they have not included any battery metals projects on their list of assets.

I found this a bit odd as SG mentioned them as one of the 3 verticals in his recent interview.

I wonder if there is a new plan for them?

Thanks Nige

Hi Luke,

You got a good price:-)

Hi SJ,

It might be worth listening to the last 10 mins of the interview again, sounded very exciting to me.:-)

It doesn’t need talking up, just watch the new Stock Box, the coming months sound very exciting.

Morning Ed,

It was nice to wake up to another RNS.

SG is not wasting any time putting his team together.

RL looks a quality appointment, with his recent track record SG should be given a pat on the back for persuading him to join us.

I look forward to Scott’s next interview.

Thanks Nige

Thanks Ed,

Great post,

Hopefully this is the first of a number of projects they have there eye on.

This comment from GG would suggest so?

“ paving the way for an accelerated acquisition journey of more high-potential producing onshore oil and gas fields in Brazil”

Looking forward to the next announcement, hopefully a deal for Mambare to fund more production assets:-)

Thanks Nige

Hi Ed,

Yes thanks, went walking in the Peak , it feels like winter is on its way.

I don’t want to sound like I am getting ahead of myself here but if they take the option to buy the new Gas asset outright, what kind of market cap are we looking at for that production alone?

Thanks Nige

Morning Ed,

Hope you had a good weekend.

Good start to the week, very interesting comment on the existing Angola wells, hopefully some further details on this soon?

Thanks Nige

Thanks Ed,

Here is a recent comment from Scott from the conference

Corcel’s growth in Angola is also focused on exploration, with ongoing drilling activities in block KON 16. Gilbert noted that the company plans to draw from its extensive experience in battery metals from its operations in Asia to help accelerate Angola’s energy transition.

“We have significant expertise across the energy value chain, and our goal is to create employment opportunities through investments in oil, gas, and energy transition projects in Angola,” Gilbert emphasized.

It sounds like it’s part of there plans?