Blencowe Resources Share Discussion Threads

[jp2011] 22/7/2021 12:41

I've set up a telegram group for BRES if anyone wants to joinhttps://t.me/joinchat/wdYMANxZvpA1MGQ0

[jp2011] 21/7/2021 15:31

Todayhttps://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-210721

[divmad] 14/7/2021 19:31

Must have been part of your shares that I bought today then . Many thanks for the cheap entry .

[apfindley] 14/7/2021 17:49

Ok. Bon voyage. Hear from you when you return.

[volsung] 14/7/2021 16:24

Sold up here
GLA

[kemche] 14/7/2021 10:23

Barry, Did dad partake?

[echoridge] 14/7/2021 10:20

yes, that's fair. gotta work harder to get a proper investor involved down here like Mick Davis

[divmad] 14/7/2021 09:45

That's part of the problem. Bres doesn't have broad enough support to get a proper fund raising away that will close the financing subject for a year or more. So drip drip placings will be a continuing feature of the landscape, with juicy warrants for placees.

[echoridge] 14/7/2021 09:11

pretty tiny tbf

[volsung] 14/7/2021 08:55

Just in time for a placing lol

[gisjob2] 13/7/2021 15:33

Brilliant result ! Far exceeds my expectations and 40% large flakes is fine with me.

BRES have only concentrated on a very small part of the potential resource area to allow a 10 year plan. Excellent !

[rolo7] 13/7/2021 09:33

not alot % in the jumbo, xl flake size maybe this drilling campaign will find more.

[pauliewonder] 13/7/2021 08:14

Agree. Someone can pick this up for 50m which would be around seven times it's current market cap (a 7-bagger from here), sell the graphite, develop the resource and make an absolute killing. Will be increasing my holding when I can as this is very much de-risked now!

[rolo7] 13/7/2021 08:06

yep what a result for bres, this will get taken out..

[pauliewonder] 13/7/2021 07:43

This comment from Cameron shows just how powerful this RNS is in terms of validating the company's resource. We are at the start of a journey which will see this company multi-bag over the next 5 years:Cameron Pearce, Executive Chairman's Statement:"We are absolutely delighted to share these exceptional metallurgical test results for Orom-Cross. They highlight the fact that we have a very high quality of end products that we will produce, which should not only be in higher demand but should also deliver higher prices. In all facets these results have exceeded our expectations and they underline the world class potential of Orom-Cross.Our ongoing drilling programs recently delivered our first 16Mt JORC Resource which we are in the process of upgrading via 2,000m further infill drilling, and we know that we have literally billions of tonnes of graphite at Orom-Cross which we can continue to develop as and when required. Now our metallurgical test results have added considerable weight to this by showing what an impressive range of end products we can deliver. The next step is to engage in more detail with strategic groups that have been waiting for the test work result and to begin reviewing the project economics of the mine.Orom-Cross continues to emerge as a world class graphite project in a safe location. As we begin to outline the economics of Orom-Cross the full potential of what can be achieved will become abundantly clear."

[apfindley] 07/7/2021 18:04

Why worry yourself??.As the company states.....Blencowe Resources Plc ("Blencowe Resources") (LSE: BRES) is pleased to announce that metallurgical test work currently underway at graphite specialist SGS Lakefield (Toronto) is going according to plan and results to date confirm the exceptional nature of the end product quality. This is considered critical to the overall Project as a high quality end product provides the basis for more significant offtake interest as well as overall better pricing in the market.

[rolo7] 07/7/2021 11:48

more worried about quality of graphite how long are sgs canada taking. I know covid has restrictions in lab work about 10 months so far wait for sgs?
This drill program is being done in parallel with metallurgical test work to determine our optimal end product, the results of which are due shortly from SGS in Canada.

[gisjob2] 07/7/2021 09:29

I'm not too worried about offtake arrangements at this stage. I'd rather this wasn't rushed at the expense of a better agreement. Slow and steady 2 to 5 year view with chance to accumulate for peanuts is fine by me.

[divmad] 07/7/2021 09:23

I'd be more comforted if management could also indicate that offtake arrangements were being negotiated simultaneously with the resource upgrade work. Finance to get next year's work done for pre-production is the Achilles Heel of this exciting story.

[rolo7] 05/7/2021 15:24

i topped up!

[apfindley] 05/7/2021 08:19

Very encouraging from the company. They need to keep the momentum going..-------------Our team has delivered considerable value uplift on Orom-Cross in just fifteen months since we acquired the project and in the next few months we believe we will add considerably more value as the Stage Two drilling and metallurgical test work programs complete.Orom-Cross is shaping up to be an outstanding graphite project and we will continue to develop it in all facets towards first production, while momentum gathers all the time for our end-product, being one of the critical input materials into lithium-ion batteries used to power electric vehicles."

[pauliewonder] 02/6/2021 11:30

Think this one is a slow burner, but a great entry point. I don't think we'll have the chance to fully benefit from OC as I think once the EC journey continues to progress and the value of OC becomes clear to the market, this will be snapped up, probably at multiples of today's share price

[ncp3] 25/5/2021 09:55

What you talkin' 'bout, Willis?

Also, in response to RB, I think that a TR-1 is still due but from each party? I know people will correct me if I'm wrong.

[rolo7] 24/5/2021 21:09

Very worrying that top management are not on the ground due to covid? You would of thought one board member to be present on the ground certainly during drilling? Did they not do correct driling last year and now have to repeat process

[echoridge] 24/5/2021 07:29

I think 95% was the threshold they were looking for to get in position to be 'off to the races'. This is significant