Blencowe Resources Share Discussion Threads

[dplewis1] 08/11/2020 09:05

Do not click links from germain09 it's a financial scam site

[shortcpx] 05/11/2020 08:23

"We" it's an unprofessional one man band.

[czar] 05/11/2020 07:19

Analysis of the peer group shows the potential. We update coverage of
Blencowe with an increased target price of 19.1p and Conviction Buy stance

[parc1] 28/10/2020 19:44

* Estimated three billion+ tonnes of graphite, most near to surface, very low cost mining

* High quality meaning ability to upgrade to highly sought-after concentrate

* Uganda, universally viewed as one of the most stable African countries

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Based on Large flake $1100/t
mostly surface graphite with recovery costs of $300/t as stated by Blencowe

With 3 billion tonnes:

If 10% is recoverable....Profit is $240 Billion

If 100% is recoverable...Profit is $2.4 Trillion


Market Cap @5.95p is £6m


We are entering a time phasing in electric vehicles. Blencowe are proving up a world class resource for a key component of electric batteries. 30-50Kg of graphite goes into each ev battery. 60 million cars are made each year.

This comes on stream with critical demand and when graphite demand increases the price of graphite will increase. see page 16 of the project report showing future demand rapidly outstripping supply.



Note that the initial drill area represents less than 1% of the project.

[parc1] 26/10/2020 19:55

The 69-hole diamond drill core samples were dispatched to the SGS lab, Tanzania for prep. 21Sep2020

Prepared samples were then forwarded to SGS in South Africa to enable verification.

Company's maiden JORC Resource expected Q4 2020.

It has now been 5 weeks. November soon. News could be imminent.

[parc1] 26/10/2020 13:08

"as EV sales grow, market watchers believe demand for the [Graphite] metal will surge."



"Graphite has to Grow"



"In the short to medium term the graphite opportunity is clearly in the large/XL flake markets which are high price and high margin with supply shortages." (estimated that 70% of Blencowe's graphite is large flake+)



"Blencowe is confident that the current drill programme can delineate approximately 8-10mln tonnes of mineralisation, which could provide the initial resource for 10 years of mine life.

The area targeted by the drilling represents less than 1% of the total Orom-Cross graphite deposit, so there is great potential for the company to continue to expand the scale of the deposit with additional exploration."

hxxps://www.proactiveinvestors.co.uk/companies/news/921910

[shortcpx] 19/10/2020 17:02

Irrelevant to BRES.

[maverick247] 19/10/2020 07:51

Cracking gold deal

[shortcpx] 17/10/2020 15:26

Let's stick to reality not pie in the sky numbers. From 4 May RNS: The current drill program is designed to delineate approximately 8 to 10 million tonnes to JORC standard, to provide the initial resource for 10 years of mining, being a rate of ~800Kt per annum input into the plant. The area targeted represents less than 1% of the total Orom-Cross graphite deposit.

[parc1] 14/10/2020 22:31

The project

[malcontent] 14/10/2020 17:30

there may be some P+D going on here, but there are good fundamentals to back up a rise from here
I have taken my "starter" stake at 5p and am watching with interest
I think this one will be a slow burner for a while, with a few buying opportunities which I hope to take advantage of if the story begins to grow and develop

[apfindley] 14/10/2020 16:21

Very pumpy on twitter by the usual suspects.They get noisy when they've bought so they can find an exit price by everyone else buying the pump.Daft numbers purposefully being thrown about on twitter.

[czar] 14/10/2020 11:57

Trump declaring graphite as a critical metal will have a huge impact going forward. I'm in at higher levels but very relaxed these will go very much higher. With 3,000,000,000 tons at $2000 that is a $6,000,000,000,000 deposit they own so a £6m market cap is for nothing.

[apfindley] 13/10/2020 15:38

No it just shows that the twitter pumpers are buying before they pump it to offload.

[maverick247] 13/10/2020 14:25

Graphite & BRES blog

[shearluc] 28/9/2020 11:48

£125 K Buy....shows confidence in drill results

[escapetohome] 27/8/2020 15:29

Me too, it was twitter that alerted me, out of many possibilities, i chose to invest some here.

[flashheart] 27/8/2020 15:05

It was a twitter post that first alerted me. I think it was a Vox markets write up.

[escapetohome] 27/8/2020 15:01

Yes i had a small flutter , some trading going on today, small buys or sells, but i was surprised for such a small company , there were much more than a few trades.

That led me to conclude that there is investor interest here.

[flashheart] 27/8/2020 12:30

Just spotted this one this morning and taken an initial 100k. Looks very promising and appears to be completely overlooked by everyone for now.