Blencowe Resources Share Discussion Threads

[pauliewonder] 30/4/2024 08:44

Doh, yes you're right. Was getting mildly interested there for a minute. Presume that was the sell yesterday afternoon

[soulsauce] 30/4/2024 08:17

Bed & ISA paulie.

[pauliewonder] 30/4/2024 07:59

Nice £20k buy this morning

[goodbuyexsell] 29/4/2024 06:21

Shareholders, such as us do not know what kind of negotiations took place for the Sherman;s to get involved. until then shareholders are kept waiting.
I am of the opinion things will speed up after the last $1 mill is forthcoming.
No partner, would write a cheque for up to $5 mill on a company with a Mkt cap of $12.75 Mill without a reward at the end.
The USA Govt is now driving the direction of Blencowe not China.

[apfindley] 28/4/2024 16:23

There is plenty to be able to service TWO large offtakers.Let them fight over the price, satisfy both, other options....all of which will see BRES worth a high premium.The only risk is that those players will compete and greedily saturate the market and oversupply graphite, in which case they would shoot me themselves In the foot, so being sensible they can control the graphite price and keep it buoyant.

[bresinvestor] 28/4/2024 12:10

This was recently discussed on the LSE board, I don't see any issues, there is sufficient graphite at Orom Cross to last 100 years, plenty for China and the US, the DFC are in the picture and also know the CEO is looking to China for their expertise is setting things up. Expecting huge returns here and within a relatively short timeframe.

[gisjob2] 28/4/2024 12:09

Because so far only 2% of the area held by BRES has been explored, plenty of time to get involved and plenty of resources to go around and if the DFC decides to fund the whole project they will be in the box seat. They will be rewarded greatly for funding the project and the US will have plenty of chances to get involved.

Also, it's highly likely BRES will be taken out prior to the mining commencing. That acquisition option is open to any company whether US or Chinese. Once in charge they can dictate future contracts. Could be a bidding war if Graphite is deemed a strategic mineral.

[rileyma] 28/4/2024 12:02

Your right jb
I feel there's something going on
In the background we're not privi to
Yet

[jailbird] 28/4/2024 11:01

A little baffled here about China off-take talk.

It is wel known that China is dominating the minerals sector and have a monopoly on so many right now.
EU and USA have been asleep as China has been controlling much of the world's resources.

So why would USA provide funding to this project only for China to buy the resource as an off-take. It makes no sense.

[1acert] 26/4/2024 13:15

Seems to be holding. No big sellers yet that must be a good sign. Even better if price goes up even more before closing.

[soulsauce] 26/4/2024 12:26

There will be cheer when we are finally well north of 5p, until then it is what it is while the levers are pulled to control the share price

[pauliewonder] 26/4/2024 12:18

Come on SS, it's Friday, you can surely must a bit of cheer. MR and others are in China at present quite possibly finalising agreements, whereas previously they weren't as advanced as this. Agreements won't happen until quality has been proved up in sufficient scale (so firms can test - hence the 600t sample), as MR keeps referring to. Bodes well.

[1acert] 26/4/2024 08:14

Curious to see if this is a spike or will it hold to continue up. However things do feel like they are heating up

[soulsauce] 26/4/2024 07:55

They have been talking to off takers for a long while.
Happy to see the share price going up though, fingers crossed.

[maverick247] 26/4/2024 07:31

Next stop 10p if they come back with offtake deals a fair margin higher

[pauliewonder] 26/4/2024 07:20

Starting to see some action here. Speaking to off takers at the moment so agreements / a funding solution any time from now. Very exciting times

[maverick247] 25/4/2024 13:18

Investor Video https://youtu.be/3TKZk_-iR28

[1acert] 16/4/2024 17:43

There’s nothing underhanded going on.
You’ve got a good captain and where well on course. What more could you wish for

[yabawbag] 16/4/2024 16:25

Not sure why some are getting their knickers in a twist because of people selling their shares.That's what makes it a market. As for a big seller I doubt there is one, no TR1, no big seller.I'd suggest it's either traders, bed & isa or surprise surprise both, thing is we don't know.What I do know is everything except the share price looks good and patience is required.

[jwafc] 16/4/2024 16:17

I suggest it's the market that's broken, not Blencowe.

[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.