Member Info for smkr

Looks much better today. Seems like those who traded it are out. Time to move higher

“ Meanwhile the reason no one else wanted these ‘cheap’ historically producing oil fields is….”

there was around 11 bids for the field directly under our 12 where the lead runs into from ours on map on a presentation. Aet got it. I’d say others are and were interested..

I guess these are the answers to “something going on” behind the share price last week lol

2nd RNS .. premium funding from them again..

Corcel plc, (London AIM: CRCL), the Angolan focused exploration and production company announces the completion of an equity placing including a significant further investment from the Company's current majority shareholder, Extraction Srl ("EXT").

Highlights:

o Completion of a fundraising of £1,299,750 at a price of £0.005 per share, reflecting approximately a 37% premium to the most recent closing price, with one for one warrants at £0.01 per share

o Placing includes follow-on investment of £500,000 by current Cornerstone Investor Extraction Srl as well a Corcel Director and several additional institutional investors

They move to the next well site rocklawn. Fingers crossed for a better outcome this time .. all we can do is wait

I still remain convinced Sonangol would have walked away from this if they didn’t think there was a damn good chance of pulling commercial oil flows from one of these two wells which both hit hydrocarbons at spud. The risk increased a bit after last rns, but the game is still well and truly on .. position accordingly.

Last two trade end with same numbers. someone has bedded or something with a portion of that. strange goings on but.. onwards and hopefully upwards now

Kodal is sat at £70m on a $100m carry to production, was as high as £100m.. and our resource expansion potential is far beyond that..

Agree Sebo .. I mean .. think of it this way.. put to one side the potential value of the whole resource / npv.. and only look at the terms of the previous LB Group proposal.

“LB Group to fully fund the Project as defined by the IHC Mining independent Development Study Report and Preliminary Economic Assessment announced in May 2022 ("PEA"), which is estimated to cost US$81 million. The JV will fund any expansion of the Project beyond the PEA parameters on a 50/50 basis. ”

$81m - as a pre revenue project- by carrying CMET to production- at that point then we share costs moving forwards.

We are £13m m/c. Multiply us by 3 for starters to match around half of an 81m investment… and then begin to build in the future revenue potential which this investment brings .. 10 bagger is entirely possible when all the ducks line up.

No idea on whether Ando is legit we will see.. but the EUA reference is quite possible.

Last presentation. From just before Xmas.

Scroll to the LB offer, look at the proposed spend, the fast timeline, then think expansion (numbers based on less than 10% of resource explored), then look at our market cap. Ridiculous..

https://capitalmetals.com/wp-content/uploads/2023/11/Capital-Metals-Corporate-Presentation_October-2023_v8-1.pdf

Still an absolutely ridiculous market cap considering what’s potentially coming

Listen to Wise Investor, and remember what you hold.

The time is coming, touch paper is burning

“Indicated Mineral Resource of 360.2Mt at 0.44% Li2O and an Inferred Mineral Resource of 294.7Mt at 0.39% Li2O containing a combined 7.39 million tonnes Lithium Carbonate Equivalent (refer to the Company's ASX/AIM release dated 13 October 2021) (Resource Upgrade at Cinovec Lithium Project).

An initial Probable Ore Reserve of 34.5Mt at 0.65% Li2O reported 4 July 2017 (Cinovec Maiden Ore Reserve - Further Information) has been declared to cover the first 20 years mining at an output of 22,500tpa of lithium carbonate (refer to the Company's ASX/AIM release dated 11 July 2018) (Cinovec Production Modelled to Increase to 22,500tpa of Lithium Carbonate).

This makes Cinovec the largest hard rock lithium deposit in Europe and the fifth largest non-brine deposit in the world.”

If it was someone wanting to sell and dump at whatever cost, we would be in the 0.2s by now I think.

Sienna .. I really don’t know .. But it’s been end of tax year. Possible people were trying to close things off, maybe some trying to bed / transfer things.. maybe even some t20s from a while ago that were caught offside. That drop was vicious and caught a lot on the hop I reckon.. I only know there’s something going on we can’t see by checking book and rsp, and well.. from doing that a lot over the years in various shares. Truly have no other insight lol

ART has moved onto the next resource, while they’ve not finished testing both wells that hit hydrocarbons on this block lol. Some people are away with it..

You still can’t buy more than 5 grand with a live quote. I guess you could stick an order in and might get filled, but there’s something going on in background still. Except some jokers keep panicking and selling while whatever is happening is happening lol .. please be patient we will arrive at our destination soon 😆

it’s literally *************** should be but isn’t. watch out for further eu funding. already had it at 43p and being directly across border from tesla gigafactory and all german car manufacturers.. think crma

“for critical materials, the eu is reliant on china which dominates global processing - such as 90% of all rare earths and 60% for lithium.”

https://www.reuters.com/markets/commodities/eus-hunt-critical-minerals-2023-12-18/

Mms on a fishing trip again. Still nt if you request more than 6 grand

EU Development bank funded this only last year at 43p

Just buy what you can and hold!

People still nibbling away at it.