WH Ireland: Corcel (CRCL) - Receipt of Gap Analysis Report for Wowo Gap Project

Corcel is focused on the exploration and development of battery metals projects (nickel, cobalt, and vanadium) and has interests in advanced flexible energy generation and storage projects connected to the UK National Grid.

WH Ireland: Corcel (CRCL) - Dempster Vanadium Project Expansion

Corcel is focused on the exploration and development of battery metals projects (nickel, cobalt, and vanadium) and has interests in advanced flexible energy generation and storage projects connected to the UK National Grid.

WH Ireland: Corcel (CRCL) - Advanced battery metal projects and pioneering Flexible Grid Solutions

With shovel-ready, flexible energy generation plus storage projects that would be connected to the UK National Grid and generating fixed minimum income, and the Mambare and Wowo Gap nickel-cobalt battery metal projects with potential near-term Direct Shipping Ore (DSO) production a real possibility, Corcel is ideally positioned to profit from increasingly aggressive decarbonisation goals and the growth of renewable power supply. We see fair value at 8p/sh, based on a sum-of-the-parts (SOTP) valu

SP Angel Morning View: Base metals rebound from year-to-date lows on signs Covid easing in China

Anglo Asian Mining* (AAZ LN) - BUY – Earnings slide on lower production and cost inflation; organic development pipeline increasingly pivots towards copper Atlantic Lithium* (ALL LN) – US to support battery metals projects in sub-Saharan Africa Base Resources (BSE LN) – Analyst roundtable offers encouragement Cornish Metals* (CUSN LN) - Valuation 48p/s - Stringers of cassiterite mineralisation in granite host rock highlights lode structure Corcel Plc (CRCL) – Wowo Gap nickel/cobalt resource

WH Ireland: Corcel (CRCL) - New JORC resource for WoWo Gap confirms the scale of the deposit

Corcel today provides a new JORC resource for the WoWo Gap nickel (-cobalt) laterite project in Papua New Guinea (PNG) in which it owns a 100% interest. The news today confirms the JORC resource at 110Mt (dry metric tonnes) grading 0.81% nickel and 0.06% cobalt for 0.89Mt nickel contained and 0.1Mt of cobalt – nearly 60% is currently classified as Indicated. The mineralisation is continuous and laterally extensive and is shallow with limited overburden and is therefore amenable to low-cost ope

Hybridan Small Cap Feast 28/04/22

Joiners: No joiners today. Leavers: No leavers today. What’s cooking in the IPO kitchen? Altona Rare Earths, the AQSE listed mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements mining projects in Africa, intends to join the Main Market. Admission to trading of the Company's Ordinary Shares on the AQSE Growth Market will be cancelled simultaneously with Admission. It is also proposed that on Admission, the Company will change its EPIC from AQSE

Hybridan Small Cap Feast 28/03/22

Joiners: Summerway Capital plc, (AIM:SWC) to be renamed Celadon Pharmaceuticals plc following completion of the acquisition of Vertigrow Technology Ltd, has relisted on AIM. Vertigrow is a UK based pharmaceutical Company specialising in the researching, growing and supply of medicinal cannabis. Summerway is an investing company focused on investment and acquisition opportunities across the healthcare and pharmaceutical sectors, particularly within new and emerging therapeutic areas. Capital rais

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 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

Hybridan Small Cap Feast 10/03/2022

Joiners: Majestic Corporation plc (AQSE:MCJ), has joined AQSE Growth Market. Majestic is a profitable business recycling precious and non-ferrous metals from obsolete mechanical and industrial material including catalytic convertors, printed circuit boards, legacy electrical and electronic equipment, and industrial metal residues left over from manufacturing. In the year ended 31 December 2020, Majestic had revenue of over US$27m and recorded profit before tax of US$375k. In the 6 months to 30 J

WH Ireland: Corcel (CRCL) - MOU for Nickel Offtake for Mambare and WoWo gap nickel projects

Corcel today announces it has signed an MOU with Shandong New Powder COSMO AM&T (NPC) for the supply of nickel from the its Mambare and WoWo gap nickel projects (owned 41% and 100% respectively) in Papua New Guinea.

Hybridan Small Cap Feast 16-09-2021

Joiners No joiners today. Leavers No leavers today. What’s cooking in the IPO kitchen? Peel Hunt, a UK mid and small-cap specialist investment bank, announces its intention to seek admission of its ordinary shares to trading on AIM. Admission is expected to take place on or around 29 September. In conjunction with a placing of Ordinary Shares the Company will be conducting an intermediaries offer. Oxford Nanopore Tech—expected intention to float on the LSE (Standard). The company behind a

Small Cap Feast: 10/05//21

Dish of the day Catena Group completed a reverse takeover on AIM and renamed Insig AI (INSG.L) by acquiring the remaining shares of Insight Capital Partners. Insight, which is based in the UK, is a data science and machine learning solutions company that provides bespoke web-based applications, advanced analytical tools and modern technology infrastructure to make machine learning accessible to investment professionals. Insight has developed five products specifically aimed at accelerating an a

Blue-sky battery metals exploration & flexible grid solutions offers a compelling play on the decarbonisation of the global economy

Corcel is best known for its vast PNG nickel laterite Mambare Project which was once valued at £40 million. It has been a bit quiet over recent years as the company has gone through a substantial restructuring since the previous Chairman was removed by shareholders. The decks have now been cleared and a period of substantial growth has begun. With James Parsons now at the helm and the 12 month “legacy clean up” behind them, investors are now witnessing the creation of a highly relevant vehicle.

Small Cap Feast: 28/05/21

Dish of the day Trellus Health (TRLS.L) which is commercialising a scientifically validated, resilience-based, connected health solution for chronic condition management has joined AIM. · Successful Fundraising for gross proceeds of £28.5 million. Market capitalisation of approximately £64.6 million on Admission. Belluscura has joined AIM (BELL.L). The designer and manufacturer of FDA cleared, lightweight and portable oxygen concentrators has raised gross proceeds of £17.5 million, at an Issue

Blue-sky battery metals exploration & flexible grid solutions are a compelling play on the decarbonisation of the global economy

Corcel is the old Regency Mines, a company probably best known for its vast PNG nickel laterite project Mambare which, on its own, was once valued at £40 million. It has been a bit quiet over recent years as the company has gone through a substantial restructuring since the previous Chairman was rather unceremoniously voted out by shareholders. The decks have now been cleared ready for a period of substantial growth. With James Parsons now at the helm and the 12 month “legacy clean up” phase beh

SHORE CAPITAL - SAVANNAH ENERGY+ (SAVE, 32p, BUY)

WH Ireland: Pantheon Resources (PANR) - Spudding of Alkaid #2 Well

Pantheon Resources announced that it has commenced drilling operations for the Alkaid#2 well. WHI View: We are most excited about the Alkaid #2 well because its intention, amongst other things, is to i) test the depth of the Alkaid structure, which we believe is likely to increase the known scale of the resource, and ii) to production test a horizontal, multi-stage fractured well drilled into the formation – the first of its kind drilled by Pantheon in Alaska.

WH Ireland: Pantheon Resources (PANR) - Alkaid #2 Significant Operational Update

Pantheon Resources announced that the Alkaid #2 well reached a total depth of 8,950 feet (MD). Most importantly the company indicated that: The well penetrated 272 feet of oil bearing reservoir in the Shelf-Margin Deltaic-B structure – thicker than expected – and the reservoir quality was better than expected, according to the company.

SHORE CAPITAL - Union Jack Oil+ (UJO) - House Stock at 21.5p – Joint Broker appointment

Union Jack Oil# - North Kelsey planning appeal submitted

North Kelsey planning appeal submitted

SHORE CAPITAL - TOUCHSTONE EXPLORATION+ (TXP, 57p, House Stock) – Coho pre-commissioning and commissioning update

Cenkos: Oil & Gas Sector -- Diversified Energy, Argos Resources, Deltic Energy, Kistos, Serica, Pantheon Resources, Nostrum Oil & Gas, ExxonMobil, Shell, SDX Energy, Tenaz Energy, Hurricane Energy, Jadestone Energy, United Oil & Gas, Seplat Energy, Equinor

Oil fell for a second-consecutive month as a deteriorating demand outlook offset concerns over tight physical supplies. West Texas Intermediate rose Friday, bringing this week's gain to around 4%. Futures nevertheless recorded their first back-to-back monthly decline since 2020 as fears of an economic slowdown fuelled bearish sentiment across markets. The US economy shrank for a second quarter as rampant inflation undercut consumer spending. Citigroup Inc says there are signs the oil market

Sylvania Platinum - Excellent Q4 production but lower PGM basket

Sylvania Platinum is a safe, low-cost surface platinum group metals (PGM) dump re-treatment company operating in South Africa (SA). Its low-cost operations met production challenges in the first three quarters of FY22, but in Q4 recorded near-record production. However, PGM basket price pressures due to global recessionary concerns, and a modest tick-up in cost inflation, have resulted in a 12.5% reduction in our FY22 EPS forecast. Sylvania is still operating at a healthy margin of 41% on our FY

Condor Gold: Final metallurgical results provide confidence in recovery rates ahead of awaited Feasibility Study

Condor Gold (“CNR”) has announced final metallurgical test results as it progresses towards completion of the full La India Feasibility Study (“FS”). The results show an average recovery rate of 92.6% is achievable over the life of mine (“LoM”). Net of losses in the plant, CNR has confirmed it will apply a 91% assumed recovery rate within the upcoming FS, consistent with the 2014 PFS and Oct’21 updated PEA. This an important tick in the box as CNR advances the project towards development, with t

Morning Note – 29 July 2022

Hybridan Small Cap Feast 21-07-2022

Dish of the day Joiners: No joiners today. Leavers: No leavers today. What’s cooking in the IPO kitchen? Unigel Group, intends to join the Aquis Growth Market. Unigel Group is a pioneer in the field of thixotropic gels for the fibre optic cable industry. The Company is also a supplier of laminated steel tapes to the fibre optic cable industry in the US. Thixotropic gels and laminated steel tapes are essential components to the rapidly growing global fibre optic cable market. The Group export

LIBERUM: Atlantic Lithium* - Latest results continue to extend mineralisation beyond current resource

WH Ireland: i3 Energy (I3E) - Significant increase to fair value estimate and first 2023 financial projections

West Kenya Drilling Update

Shanta Gold (AIM: SHG), the East Africa-focused gold producer has today released results from 10,082m of drilling across 35 holes conducted in Q1 and Q2 2022 at its West Kenya Project (WKP). All results are from drilling at the two main deposits Isulu and Bushiangala. These are part of the Phase 2 drill programme that aims to upgrade the resources at these two deposits to indicated category down to 550m depth and further explore the Ramula and Kimingini targets. For 2022 the Company has targeted

COPL: Culmination of Transformational Acquisition of Significant Acreage Position in Wyoming

COPL this week completed the acquisition of its bankrupt minority partner Cuda Energy to become majority owner of its Wyoming assets. This follows its original acquisition of Atomic Oil and Gas around 18 months ago to first enter the assets in which it now holds 85-100% across three oil producing units. The acquisition has increased COPL’s 2P reserves by 47% to 38.2mmbbl adding 12.4mmbbl of reserves at a price of