Blencowe Resources Share Discussion Threads

[bri15] 07/8/2023 08:46

£12 million MC,this is going on a GGP type rise, definitely!

[soulsauce] 07/8/2023 08:43

Here we go!!

[pauliewonder] 06/8/2023 08:02

Yes agree. We should be very close to the DFC deal being finalised. Hopefully this week and then we can start trading in a new range. Hopefully the DFC deal will raise the profile of the company and bring a wider pool of investors

[divmad] 06/8/2023 07:34

When the DFC deal is closed, the share price will be 8p+.

[pauliewonder] 06/8/2023 02:20

Agree hence my previous post about opening up on Monday morning because we didn't close at mid price due to the UT, but even taking that into account we still dropped from 5.4p to 5.15p prior to the 600k being bought.

[apfindley] 05/8/2023 11:42

By a late reported trade of 8,804 after the bell. That's the only reason you're seeing the drop at close.Hardly disappointing, its normal knocking tactics. The price will open up by around 5% monday.

[pauliewonder] 04/8/2023 21:00

Because we were 12.5% up at one stage only to finish up 2.1%. Love the fact that 600k less shares in circulation although the cynic in me wonders how they were secured at the price they were (5.30p) when the ask at the time was 5.30p. I haven't been able to accumulate any quantities like that in my stake build without materially moving the price. So overall very happy about this week, just wished we could hold onto more of todays gain. Have a great weekend all. Here's to news for sure next week

[apfindley] 04/8/2023 17:07

Disappointing? How.There were 3 x 200,000 buys in the closing 15 mins.

[pauliewonder] 04/8/2023 16:46

Didn't say which way lol. Disappointing finish but will open up on Monday because 4.9p trade was not mid price

[gisjob2] 04/8/2023 16:30

Maybe not then ! :-)

[pauliewonder] 04/8/2023 16:23

600k just bought at 5.3p. 5p not going to last long at this rate. There's no stock available

[gisjob2] 04/8/2023 14:57

This looks good ! Is news about to drop ?

[divmad] 04/8/2023 14:33

Maybe after MR gets back from China next week?

[soulsauce] 04/8/2023 13:45

Feels like something might be finally happening.

[pauliewonder] 04/8/2023 13:44

Getting a bit of momentum. News sue imminently. I have asked for an update a couple of days ago and normally they are good at getting back to me. They haven't in the last two days which suggests to me we are there.

[soulsauce] 04/8/2023 13:28

Back above 5 nice ;-)

[pauliewonder] 03/8/2023 22:23

Broker note confirms 18 bagger from here, but if we get to £1bn NPV then it would be around double that. So cheeky 36 bagger from here anyone?

[pauliewonder] 03/8/2023 22:20

As soon as the DFS news drops we are exploding into orbit. Post on Twitter covers it : #BRES current share price guidance of 59p a share is based on npv of 482m, Bres are going to double that npv to £1 billion as they conduct dfs,funding from DFC must be close,everything lining up well as we now have interest from both china and USA. Broker target to double to 100p

[divmad] 03/8/2023 12:54

Interest seems to be building on social media, I sense.

[soulsauce] 02/8/2023 15:16

Thanks for sharing once again paulie.

[pauliewonder] 02/8/2023 14:58

Thanks to Computer909 on another thread:"Response from the company when asked regarding timeline for a DFC decision. 'they have recently had a final page turning session on the legals with DFC and are awaiting final agreement to sign. They were moving very quickly but this last part took time to get that arranged" 'the COO is in china though hopefully get some photos and something to talk about" So hopefully updates in weeks not months"

[pauliewonder] 02/8/2023 14:52

Doesn't take much to move the price as there is virtually no stock available. Any large order will likely move the price

[bri15] 02/8/2023 14:43

Big buys coming in now,could the re-rate finally be starting :⁠-⁠)

[pauliewonder] 01/8/2023 15:45

85k sterling purchase there at 4.6p. Not mine but good to see

[pauliewonder] 01/8/2023 12:31

Picked some more up at 4.5p. The delay is frustrating but surely we are close to material news and the longer term picture remains very positive