Member Info for Torreaguas

IMO Burwell is very very close now. It can only be 6 weeks maximum and I think we are very close to hearing very good news.

Cashed up, ready to go forward with Mambare, Burwell and Dempster Only around 88m warrants outstanding which would bring in another £1.44m and still only 430m shares would be in issue. a Multibag in the making for those with just a few weeks patience. Burwell licence has to be close to sign off.

In the last week that is £350k in the bank, 10 months cash burn, brilliant news

The SP here will double or more in a day once the Burwell lease is signed. Max 6 weeks to go.

Oilbethere, The situation with the lease (as I understand it, is as follows).

The current owner of the land is retiring from business and selling up. He is selling the land to either a director of or to the company Pigeon Investment Management. Once the sale goes through then the lease can be signed with Corcel.

The 100mw connection to the grid is specific to the land and cannot be changed and it expires in June. So, the situation is the land owner has some farm land which is sat there doing nothnig, there is a 25yr lease on offer from Corcel. Both parties want the lease to go ahead as it is worth a lot of money to both. So it has to be before the connection offer expires.

Of course, I have to say I could be totally wrong with all of the above. This is just research I have done myself. One thing I am certian of is the connection expires in June. So the clock is ticking..

Assuming the deal is done the sp will re rate on this alone. The risk is the deal will not be done and that is why the SP is sat where it is in my opinion. Big investment money needs certainty. Once the lease is signed the big buys will come in and PI's will have no chance at these levels. You either believe it will be done and get in now or wait and if it is signed pay a much higher price.

Of course this is just 1 value enhancing point. There are many others.

Moiz, I checked with resource mining, I did not get the info from Corcel.

either 1 of these things will bag the share many times over from here imo.

In order of the biggest bags.

1. By far the most important and what will have the biggest impact is Burwell Lease Signed off. This cements the 100MW plant and gives us 20x what MAST have and we are 1 quarter of their market cap. This single thing alone makes the market wake up and puts us well into double figures.

2. Mambare Production Lease. This project once held the market cap at £40m but nickel prices fell and the project was on ice. We are now just entering the Battery era and Nickel is in demand. This alone will take the market cap back to at least £40m once signed off.

3. WoWo Gap Aquisition for the A$4.7m debt. There was a wardens meeting planned for last week which due to covid was cancelled. It is now (hopefully) going ahead towards the end of May. In any event the A$4.7m (£2.6million) needs to be either repaid to Corcel, which will double the SP, or more likely the project handed to Corcel in payment which will send the sp into a frenzy as WoWo had a valuation of up to A$£600m in 2009.

So strap in , get what you can as at least one of the above WILL happen. If 2 happen prepare for amazing, if all 3 happen prepare for unbelievable.

Zak Mir, 2 targets done, Next Target 3.5p. #CRCL, going to double figures and hitting targets along the way.

https://twitter.com/ShareTalkNews/status/1384127582082195459

Now 5v1 on L2. Cant buy on IG.

Level 2 now gone 4 v 2, looks like going up again.

ahh, so sorry you lost your money.

It feels like we are about to pop. MMs really keeping a tight hold on it at the moment.

Level 2 gone 4v1, it will tick up soon and then the market will open

premiums wanted on IG

Down to last 20 packs if any holders want any act quick. Once again thank to everyone who supported our efforts!

virionmask.co.uk

It seems some people are bored already lol... These people will never multibag. So little patience.

Zak Mir, 1st target hit, next target 3.5p

https://www.share-talk.com/share-talk-bulletin-board-heroes-thursday-15th-april-2021/#gs.yu0zm6

Yes, Just seen that ! great tweet to give us some confidence.

if the meeting went ahead it will be done now as they are 11hrs ahead. timely warrant execution.?

they bring cash into the company and aviod placings. so yes they will benefit you.