Blencowe Resources Share Discussion Threads

[1acert] 26/4/2024 14:15

Seems to be holding. No big sellers yet that must be a good sign. Even better if price goes up even more before closing.

[soulsauce] 26/4/2024 13:26

There will be cheer when we are finally well north of 5p, until then it is what it is while the levers are pulled to control the share price

[pauliewonder] 26/4/2024 13:18

Come on SS, it's Friday, you can surely must a bit of cheer. MR and others are in China at present quite possibly finalising agreements, whereas previously they weren't as advanced as this. Agreements won't happen until quality has been proved up in sufficient scale (so firms can test - hence the 600t sample), as MR keeps referring to. Bodes well.

[1acert] 26/4/2024 09:14

Curious to see if this is a spike or will it hold to continue up. However things do feel like they are heating up

[soulsauce] 26/4/2024 08:55

They have been talking to off takers for a long while.
Happy to see the share price going up though, fingers crossed.

[maverick247] 26/4/2024 08:31

Next stop 10p if they come back with offtake deals a fair margin higher

[pauliewonder] 26/4/2024 08:20

Starting to see some action here. Speaking to off takers at the moment so agreements / a funding solution any time from now. Very exciting times

[maverick247] 25/4/2024 14:18

Investor Video https://youtu.be/3TKZk_-iR28

[1acert] 16/4/2024 18:43

There’s nothing underhanded going on.
You’ve got a good captain and where well on course. What more could you wish for

[yabawbag] 16/4/2024 17:25

Not sure why some are getting their knickers in a twist because of people selling their shares.That's what makes it a market. As for a big seller I doubt there is one, no TR1, no big seller.I'd suggest it's either traders, bed & isa or surprise surprise both, thing is we don't know.What I do know is everything except the share price looks good and patience is required.

[jwafc] 16/4/2024 17:17

I suggest it's the market that's broken, not Blencowe.

[soulsauce] 16/4/2024 16:49

Those big holders want to keep taking part in funding but don't want to pay anymore than they have previously is my thought.
At some stage the company is going to answer to the the lack of shareholder value and lack of traction of the share price

[calculator13] 16/4/2024 16:32

Good news showing progress and heavily sold into. No prospectus. Something still not right with this. Big seller constantly for about 1 year now. They are trying to raise at 5p so they still only value the company at £10 million. Another aim disaster.

[soulsauce] 15/4/2024 16:19

Been saying it for ages goodbuy, this is quite obviously being manipulated.
I didn't really need look in today as I knew the news would be sold into. The same old pattern.
Now we have to wait another X number of weeks for more news while the share price flirts with 4p again no doubt.
All being set up nicely for a take out on the cheap or PIs get bored or are forced out.

[goodbuyexsell] 15/4/2024 14:19

Further to my post on the 11/4 /24, this morning another repetitive post, share price goes up. Then a million shares are dumped. There is a pattern here. Post comes out shares rally, shares dumped. No prospectus.
Is it me or does anyone else feel the same.

[soulsauce] 14/4/2024 23:15

Exactly Divmad.

[divmad] 14/4/2024 22:59

The new prospectus is nearly 2 months overdue now. What gives?

[soulsauce] 14/4/2024 22:34

And yet we can't even hold 5p 🤷‍a94;️

[pauliewonder] 14/4/2024 22:24

Alan Green"All of the elements are in place to see a massive re rate of the share price for Blencowe".Also makes reference to First Equity's 73p price target. That's nearly a 20 bagger from here to get to fair value:https://youtu.be/Dkoi0GVfmqc?si=eU8qoK7I6DDefFzz

[maverick247] 11/4/2024 13:31

https://spongeshare.com/2024/04/11/blencowe-receives-further-1m-grant-funding-with-off-take-discussions-advancing/

[goodbuyexsell] 11/4/2024 12:28

If you look at many of the press releases, they are repetitious of each other.
My own view is buyers looking at the company, are looking closely at the average % quantity and quality of flakes per tonne. Logistics and costs of bringing the product to marketability, ie transportation etc.
If that adds up, I think Blencowe will then be bought within a year if indications of a net profit around £20 million per year are able to be displayed. That should value Blencowe at £100 million minimum.
Shares are up. 5.8% yesterdsy

[1chrism] 10/4/2024 16:23

It's a macro problem. Interest rates/inflation have strangled AIM investment. I think it is understandable that investors have opted for safer investments but it has unilaterally hurt public companies on the LSE and in particular new and exploratory businesses, AIM specifically is the example.A reduction in interest rates will be an acid test.

[rileyma] 10/4/2024 11:19

Jangada Mines plc ('Jangada')



Investee Company Update: Blencowe Resources PLC



Jangada Mines plc, a natural resources development company with interests in Brazil and elsewhere, is pleased to note the announcement released by Blencowe Resources PLC (LON:BRES) in which it holds a c. 10% interest.



Jangada Executive Chairman, Brian McMaster, said: ""From advancing SPG coating and expandability testwork programmes to exploring the development of a downstream processing facility in Uganda, Blencowe's journey continues to unfold. With significant support from the United States International Development Finance Corporation, which has now paid US$3 million of the agreed US$5 million to advance a DFS at Orom-Cross, this exciting company and its world-class graphite project that has an initial JORC Resource of 24.5MT @ 6% total graphitic carbon ('TGC') based on c.2% of the licence area drilled, is clearly one to watch

[rileyma] 10/4/2024 10:37

We all know the potential here.
Just not the supply and demand here YET.....
Just needs a bit more progression