The market is usually right. Something is wrong here to cause such a mismatch between the share price and reasonably good news flow. |
This is the gift that keeps on giving |
Wow glad BRES released such good news this week. |
https://smallcappix.com/blogdetail?id=51 |
Great news again all feeding into the DFS! |
To me it’s like a jigsaw puzzle. Every piece of news is a step closer to completing the picture. The final piece the DFS |
Another very good piece of news this morning but as usual the market has shrugged it's shoulders and said so what :-/ |
Sorry 24.6 Million tonne resource. Although 'estimated' to be 2 - 3 billion tonnes.....ROFLMFAO! |
Come on fess up who had researched these guys from Singapore? |
Huge license are with a tiny circa 26 million tonnes resource, kiddo.Imho dyor! |
Who are these Triessence folk from Singapore? You know the guys bres signed an Mou with for this proposed graphite processing plant.Have they got a Website? I can't even find a website....ROFLMFAO!!! |
All testing done on Orom-Cross Graphite has exceeded expectations and is in the top bracket for battery use. |
Captain Cryptic:What's the name of the consultant/company that did the resource estimate?What consultant/ company did the PFS, and who has the honor of doing the DFS.... any household names, kiddo?Am I right in saying they've gone from a pre feasibility straight to a definitive?All imho dyor!! |
And what's that Captain Cryptic? I simply want to read a technical report telling me all about the project, but I can't find any!And I want to know how many meters have been drilled and how many tonnes they have and in what category!I am not de ramping, I have no reason to, I simply like to read and learn about projects!But crack on with you edgy and cryptic spiel pal!!!!Strewth!!!! |
I think we all know what you are simply trying to do |
I'm simply trying to research the history of the project, I normally do that through technical reports but I can't find any!How many meters did the previous operator consolidated African resources Ltd drill, and how much did Bres pay them for the project, and why did they sell it?How many meters have Bres drilled? |
So what is their total measured and indicated, how much contained graphite?Will they have an ore reserves statement?I'm used to a JORC resource with an accompanying technical report. Where can I download thier PFS? |
Because they are being pedantic. There isnt such a thing as a JORC resource. JORC define a Code which maintains a set of reporting standards. All BRES are doing is saying they have adhered to that code and met the defined reporting standards. |
Why do they say expansion of the JORC standard resource and not JORC Resource........ROFLMFAO!! |
Where can I find their JORC reports on website? They talk of reserves will they get a reserves statement? |
I wouldn't be to hopeful of a re-rate starting now, best to ignore the price until well into the new year and see where we are then. Patience is the key. I'm holding for the DFS unless MR seriously c@cks things up in the meantime which I don't believe he will or at least hope he won't. |
Naturally if the market cap is £100M+ post DFS and with mine funding, which is going to be huge because you'll have an even larger resource for it, a large array of test results from US and China, JV and offtakes then it will begin to re-rate from here, first to £20m then £30m and £50m+ with the DFS then £100m+ with mine development deal.
The re-rate begins now. |
One would assume they're infilling for confidence rather than stepping out, but I know nothing about the ore body |