Corcel is best known for its vast PNG nickel laterite Mambare Project, once valued at £40m. Management positioned the company to benefit from structural increases in battery metal prices, in particular through a doubling of its nickel/cobalt resource size through the discounted acquisition of the Wowo Gap project. Investors are now witnessing the continued development of a highly relevant vehicle supported by all-time highs and massive disruptions in the nickel market. Additional moves have been made into potential cash generating peaker plants & energy storage via the Flexible Grid Solutions business unit. Also, the Chairman has converted his recently acquired debt to equity at 1.5p and agreed to an 18-month lock-in period.

22 Mar 2022
Blue-sky battery metals exploration & flexible grid solutions energy development led by an experienced team in the microcap space offer compelling exposure to the decarbonisation of the global economy

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Blue-sky battery metals exploration & flexible grid solutions energy development led by an experienced team in the microcap space offer compelling exposure to the decarbonisation of the global economy
Corcel PLC (CRCL:LON) | 0 0 0.0% | Mkt Cap: 4.41m
- Published:
22 Mar 2022 -
Author:
Dr. Michael Green -
Pages:
31 -
Corcel is best known for its vast PNG nickel laterite Mambare Project, once valued at £40m. Management positioned the company to benefit from structural increases in battery metal prices, in particular through a doubling of its nickel/cobalt resource size through the discounted acquisition of the Wowo Gap project. Investors are now witnessing the continued development of a highly relevant vehicle supported by all-time highs and massive disruptions in the nickel market. Additional moves have been made into potential cash generating peaker plants & energy storage via the Flexible Grid Solutions business unit. Also, the Chairman has converted his recently acquired debt to equity at 1.5p and agreed to an 18-month lock-in period.