Member Info for mcfcnige

Not as many posters on here lately?

It was postponed due to Covid

Hi MH, just going off how these things are worded.
“Advanced discussions” is a phrase often used when a deal is near conclusion.
The word “ active “ suggests to me something different and not as near as we think?
Listen to the SK interview again, he is suggesting at a deal will be done in the very short term.
Then in the 2nd interview when the off take deal was discussed, there was no mention of the Peakers?
Seems very strange to me.
Anybody else have any views?

Reading the recent RNS again, I don’t think the Peakers deal is going to be any time soon.
The RNS says “ active “ discussions.
If it was soon would it have said “ advanced “ discussions ?

Surprised there isn’t more interest here?

Sorry to everyone for moaning recently..
I just find it frustrating when we start to run up, we end up back to square one due to another delay on a project.
I am puzzled about this lease expiry date?
Surely they would know that the expiry date would be used as a bargaining tool.
Why wasn’t it dealt with when negotiations started?

I remember last April/May when Scott did a series of short videos promoting Corcel on the Shares magazine platform.
He mentioned that Burwell would be Shovel ready “ very soon “
Look what happened there ?

I wish he hadn’t commented on the Peaker deal during the SB interview in early December.
It raised our expectations of a deal being done early in the new year when it’s clearly not the case.

Thanks Wistful, good post with lots of info.
Corcel this time last year estimated Q4 2021, that was never going to happen.
Looks more like Q4 2022

On the StockBox interview in early Dec he strongly hinted a deal was very close for the Peakers, that was nearly 2 mths ago.

After that podcast in Dec and all the excitement from SK,I thought this would have been announced by now.
I hope this isn’t going to be another Burwell ?

Does anybody have have a idea what the Duyung gas project is worth to the company?

They need to close a deal IMO for the market to take them seriously, this is why we are undervalued.
SK said in early Dec that he hoped the Peakers deal would be done before Christmas but may slip into January?
Feb starts next week .

That figure of £4000 +, that seems a lot higher than the figure SK was quoting in the interview?

Good news that Christian is involved

I think you are right, we will see a proper rerate when the peaked deal is announced

I think we will probably get an updated valuation from Align today:-)

Thanks HH for the report, it makes excellent reading.
Where do you the sp will be trading based on the estimated figures you have given?

What’s been the reason for the sp decline since the spike?
Is it production or the debt issue?

Do anybody actually talk about the company on this forum?