Corcel PLC (CRCL)

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  • Day's Range:
    1.510 - 1.510

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  • Further to the Company' announcement of 12 August 2021 ,Corcel Plc, a natural resource exploration and development company with interests in battery metals and flexible energy generation and storage, notes the announcement today by Australian-registered Resource Mining Corporation Limited (ASX: RMI) ("RMI") that its shareholders have approved the Company's acquisition of 100% of the issued share capital in Australian-registered Niugini Nickel Pty Ltd, which owns 100% of the Wo Wo Gap nickel-cobalt project in Papua New Guinea ("Project").
    • announces that it has signed a binding but conditional share purchase agreement to acquire 100% of the Wo Wo Gap nickel-cobalt project in Papua New Guinea
        • Align Research wroye "Peer comparisons & industry metrics suggest 900% upside Our conservative valuation begins to show the potential. We update coverage of Corcel with a target price of 19.35p and Conviction Buy stance."
          • Corcel is pleased to announce exclusive rights over the acquisition of the "shovel ready" Avonmouth 50MW gas peaking project outside of Bristol from FPC Electric Land Limited
            • 14th May CEO bought 707,477 shares
              • May 20Executive Chairman of the Board recently bought UK£68k worth of stockOn the 12th of May, James Parsons bought around 3m shares on-market at roughly UK£0.022 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of UK£3.1k worth in shares.
                • Corcel - Key Value Inflection Points• Burwell Financial Close• Tring Road Financial Close• Mambare Mining Licence Award• Secure WoWo Gap Synergies• Other Strategic Acquisitions
                  • Interesting article which shows that Corcel in undervalued. Worth a read.
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