So be patient and load up over time.
It's frustrating but if MR delivers the price will have to follow, especially once the DFS is published and funding sorted. If the DFS is as positive as expected there won't be a problem funding the mine development and SPG. |
I think it's being held while all the players get in at 5p. As there is one 'apparently' waiting on the sidelines then maybe we will have to wait until they get on board but as the DFS is now pencilled in for Q2 25 (which will no doubt extend out further to the end of 25) then we may have a while to wait.
We have had two pieces of big news this week but the same old action.
Just my opinion but I am all ears if anyone has got a better one. |
Soul, who's holding it down and why? |
And there we have it. More excellent news but we are left tethered to 5p, completely rangebound.
You know my thoughts on the situation. |
We'll I think BRES have been going about things in a very professional way so far and have no reason to doubt MR's ability to deliver. An Mcap of around £11 million for BRES is starting to look ridiculous now.
I would guess the DFC would be the obvious funding partner. |
hxxps://youtu.be/HuKMtpWLwsI?feature=shared |
Did I say it didn't?
Of course it does but there are many ways of going about things. |
All mine development needs capex. DFC possibly ! |
Hmmm we will see.
Great news but highlights that Bres will need greater Capex to start unless they can get someone else to stump up the other 50%. |
The price cannot be kept pegged at 5p after this news. Time to fly. |
Brilliant RNS this morning ! Onward & Upward |
These daily X tweets are a yawnfest. |
Pretty much the same but moving along.https://x.com/blencoweres/status/1830895399592251554?s=46 |
Yes the prevailing market price will still be around 5p. |
Yes it's a great update but the share price won't reflect it as ever until all the players are in at 5p. |
"We expect this final external customer testing, including shipping product within Asia, to take approximately one month to complete, and thereafter we will be able to discuss offtake agreements with our senior management team visiting various Asian parties regularly." |
Wow, now that's a great update. |
Some biggish trades and quite. Must be some good news soon. |
TP forecast I saw 67p in 2026-27. Just keep buying the dips, GL! |
Take a read of the broker note for that info and the last presentation |
LOL gisjob we will see. |
So how much is this proposed processing plant in Uganda going to cost, and who is going to pay for it?ROFLMFAO! |
But guess what, it won't, if you watch the interview you will hear MR confirm that because the purchase has been delayed the future investor will need to pay the market price for their shares if the price has risen above 5p, therefore not a reason for any drag on the share price due to this investor. |
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