Member Info for smkr

You going to hang onto a moonbag here dave? I honestly have a good gut feeling on this drill. Not a ramp, but Sonangol are no small fish - and this is a proven production asset

Remember you have absolutely no clue about what a person holds, what they do for business etc just by going on posts on a message board. In 30 plus years of business I’ve found the ones who love to boast are often the ones who drink champagne paid for by lemonade pockets.

I do ok dave. Don’t fret about me ;-)

Dave there’s many ways to skin a cat. shouldn’t be giving advice lol

Like Lenigas or not he’s a very connected fella, and knows more than us mucking around on bulletin boards all day

Sonangol sold off a load of their interest in offshore assets they had. AET bought some (for tens of millions).. google “sonangol selling offshore assets” you’ll see they were divesting last year. Looks like they’re going heads first onshore instead.

Could be a big one this. previous production asset. Angola state oil co know what they’re doing.. transformational when / if it comes in

https://www.energyvoice.com/oilandgas/africa/ep-africa/530344/sonangol-returns-to-kwanza-onshore-after-27-years/

Jeez look at all the ground staff

New video

https://x.com/corcelplc/status/1700441464486977719?s=46

Aston nailed it.

new co. new board. new ideas. new value

bring it on

“Their new major shareholder and Chairman is very wealthy indeed and he wants to make Corcel a multi hundred million pound company. I’ve met him twice now and will be with him in Dubai for 2 days next week. @CorcelPlc They have the assets IMHO.”

https://x.com/davidlenigas/status/1700250448920485961?s=46

Looks good dave .. have a good weekend all

Https://x.com/davidlenigas/status/1700095843007697091?s=46

This Tobias #oil well in Angola should be an absolute screamer. They are drilling it now with Sonangol (National oil company). They hit the oil here in a week or two and Corcel will fly to the moon. @CorcelPlc #CRCL #Oil @sonangoloficial I know this asset from my Lonrho days. It’s massive. 100m of potential pay.

He already posted earlier dave ..

This will do a UPL type move imo

Https://x.com/davidlenigas/status/1700058783257387009?s=46

Blimey! I missed this yesterday. really big potential #oil well spudded by @CorcelPlc in Angola yesterday. I know this asset. Seriously 🔥potential. Oil is less than 1,000m from surface I recall. I am a good sized Corcel holder. Exciting times. 0.3p

You can still buy at less than what the current ceo and consortium paid (035) to get involved. They have warrants at 08, if they hit oil those will come into play for extra funding… eyes on.

Aston. go look what aet (currently suspended) paid for a 15% interest in a producing offshore block off Sonagol. Upwards of 30 mill .. transaction is completing .. this is onshore with Sonagol as partner. Might crack on a bit this ala bce / upl

Ticked up now. onwards we go.. lows are last chances

The last few month range is unwinding.

Dare I say you’ll probably not see these lows again if that debt goes by 2024.