Blencowe Resources Share Discussion Threads

[soulsauce] 16/4/2024 15:49

Those big holders want to keep taking part in funding but don't want to pay anymore than they have previously is my thought.
At some stage the company is going to answer to the the lack of shareholder value and lack of traction of the share price

[calculator13] 16/4/2024 15:32

Good news showing progress and heavily sold into. No prospectus. Something still not right with this. Big seller constantly for about 1 year now. They are trying to raise at 5p so they still only value the company at £10 million. Another aim disaster.

[soulsauce] 15/4/2024 15:19

Been saying it for ages goodbuy, this is quite obviously being manipulated.
I didn't really need look in today as I knew the news would be sold into. The same old pattern.
Now we have to wait another X number of weeks for more news while the share price flirts with 4p again no doubt.
All being set up nicely for a take out on the cheap or PIs get bored or are forced out.

[goodbuyexsell] 15/4/2024 13:19

Further to my post on the 11/4 /24, this morning another repetitive post, share price goes up. Then a million shares are dumped. There is a pattern here. Post comes out shares rally, shares dumped. No prospectus.
Is it me or does anyone else feel the same.

[soulsauce] 14/4/2024 22:15

Exactly Divmad.

[divmad] 14/4/2024 21:59

The new prospectus is nearly 2 months overdue now. What gives?

[soulsauce] 14/4/2024 21:34

And yet we can't even hold 5p 🤷‍a94;️

[pauliewonder] 14/4/2024 21:24

Alan Green"All of the elements are in place to see a massive re rate of the share price for Blencowe".Also makes reference to First Equity's 73p price target. That's nearly a 20 bagger from here to get to fair value:https://youtu.be/Dkoi0GVfmqc?si=eU8qoK7I6DDefFzz

[maverick247] 11/4/2024 12:31

https://spongeshare.com/2024/04/11/blencowe-receives-further-1m-grant-funding-with-off-take-discussions-advancing/

[goodbuyexsell] 11/4/2024 11:28

If you look at many of the press releases, they are repetitious of each other.
My own view is buyers looking at the company, are looking closely at the average % quantity and quality of flakes per tonne. Logistics and costs of bringing the product to marketability, ie transportation etc.
If that adds up, I think Blencowe will then be bought within a year if indications of a net profit around £20 million per year are able to be displayed. That should value Blencowe at £100 million minimum.
Shares are up. 5.8% yesterdsy

[1chrism] 10/4/2024 15:23

It's a macro problem. Interest rates/inflation have strangled AIM investment. I think it is understandable that investors have opted for safer investments but it has unilaterally hurt public companies on the LSE and in particular new and exploratory businesses, AIM specifically is the example.A reduction in interest rates will be an acid test.

[rileyma] 10/4/2024 10:19

Jangada Mines plc ('Jangada')



Investee Company Update: Blencowe Resources PLC



Jangada Mines plc, a natural resources development company with interests in Brazil and elsewhere, is pleased to note the announcement released by Blencowe Resources PLC (LON:BRES) in which it holds a c. 10% interest.



Jangada Executive Chairman, Brian McMaster, said: ""From advancing SPG coating and expandability testwork programmes to exploring the development of a downstream processing facility in Uganda, Blencowe's journey continues to unfold. With significant support from the United States International Development Finance Corporation, which has now paid US$3 million of the agreed US$5 million to advance a DFS at Orom-Cross, this exciting company and its world-class graphite project that has an initial JORC Resource of 24.5MT @ 6% total graphitic carbon ('TGC') based on c.2% of the licence area drilled, is clearly one to watch

[rileyma] 10/4/2024 09:37

We all know the potential here.
Just not the supply and demand here YET.....
Just needs a bit more progression

[soulsauce] 10/4/2024 08:04

If only the 'what an excepetional graphite project Orom-Cross is' transferred into a more palatable share price.
Who knows what or who is controlling the share price but it stinks.

[goodbuyexsell] 10/4/2024 06:55

BLENCOWE has received the third tranche of US spundulix.

[pauliewonder] 10/4/2024 06:32

Indeed. Hopefully more good news around the corner:"Blencowe remains actively engaged with potential offtake partners worldwide, fostering relationships with tier-1 offtakers who are evaluating product samples constantly. Blencowe's CEO and COO will travel to China and South Korea over the next few weeks to further these discussions and to establish key offtake relationships"

[apfindley] 10/4/2024 06:20

More great news.

[1acert] 09/4/2024 09:08

Coming up to June. I wonder if will start to creep up slowly.

[rogerbirds] 08/4/2024 17:29

Further to my last thread post, here’s some additional factual news: the first trucks carrying the 600 tonne samples have today started arriving and been unloaded at the Jilin processing plant complex. Let's hope we find out who the mystery investor is BEFORE these processed sample results are known! Good luck all. RB.