Blencowe Resources Share Discussion Threads

[gisjob2] 05/9/2024 13:22

So be patient and load up over time.
It's frustrating but if MR delivers the price will have to follow, especially once the DFS is published and funding sorted. If the DFS is as positive as expected there won't be a problem funding the mine development and SPG.

[soulsauce] 05/9/2024 13:00

I think it's being held while all the players get in at 5p. As there is one 'apparently' waiting on the sidelines then maybe we will have to wait until they get on board but as the DFS is now pencilled in for Q2 25 (which will no doubt extend out further to the end of 25) then we may have a while to wait.

We have had two pieces of big news this week but the same old action.
Just my opinion but I am all ears if anyone has got a better one.

[divmad] 05/9/2024 12:44

Soul, who's holding it down and why?

[soulsauce] 05/9/2024 12:01

And there we have it. More excellent news but we are left tethered to 5p, completely rangebound.
You know my thoughts on the situation.

[gisjob2] 05/9/2024 07:26

We'll I think BRES have been going about things in a very professional way so far and have no reason to doubt MR's ability to deliver. An Mcap of around £11 million for BRES is starting to look ridiculous now.
I would guess the DFC would be the obvious funding partner.

[pic12] 05/9/2024 07:23

hxxps://youtu.be/HuKMtpWLwsI?feature=shared

[soulsauce] 05/9/2024 07:22

Did I say it didn't?
Of course it does but there are many ways of going about things.

[gisjob2] 05/9/2024 07:14

All mine development needs capex. DFC possibly !

[soulsauce] 05/9/2024 06:50

Hmmm we will see.

Great news but highlights that Bres will need greater Capex to start unless they can get someone else to stump up the other 50%.

[apfindley] 05/9/2024 06:36

The price cannot be kept pegged at 5p after this news. Time to fly.

[gisjob2] 05/9/2024 06:23

Brilliant RNS this morning ! Onward & Upward

[divmad] 04/9/2024 16:06

These daily X tweets are a yawnfest.

[nicau] 03/9/2024 09:19

Pretty much the same but moving along.https://x.com/blencoweres/status/1830895399592251554?s=46

[soulsauce] 02/9/2024 11:21

Yes the prevailing market price will still be around 5p.

[soulsauce] 02/9/2024 07:49

Yes it's a great update but the share price won't reflect it as ever until all the players are in at 5p.

[apfindley] 02/9/2024 07:00

"We expect this final external customer testing, including shipping product within Asia, to take approximately one month to complete, and thereafter we will be able to discuss offtake agreements with our senior management team visiting various Asian parties regularly."

[gisjob2] 02/9/2024 06:21

Wow, now that's a great update.

[1acert] 19/8/2024 10:43

Some biggish trades and quite. Must be some good news soon.

[nicau] 15/8/2024 19:15

TP forecast I saw 67p in 2026-27. Just keep buying the dips, GL!

[euclid5] 05/8/2024 17:35

Take a read of the broker note for that info and the last presentation

[soulsauce] 02/8/2024 08:51

LOL gisjob we will see.

[bukowski750] 02/8/2024 08:47

So how much is this proposed processing plant in Uganda going to cost, and who is going to pay for it?ROFLMFAO!

[gisjob2] 27/7/2024 11:11

But guess what, it won't, if you watch the interview you will hear MR confirm that because the purchase has been delayed the future investor will need to pay the market price for their shares if the price has risen above 5p, therefore not a reason for any drag on the share price due to this investor.