And the weakness continues 😏 |
Unfortunately paulie nothing moves this, I have been saying it for a long time and have even raised the question with the Ceo.
There has been a ceiling of 5.5p prior to the last raising and now it appears to be 4.5-5p.
It is my thoughts that it has and is being manipulated for whatever reason but they are just my thoughts.
But if you are in doubt watch the trades next time some good news comes in and let's be in no doubt the last Rns was extremely good. |
Not sure why we aren't seeing any movement here, particularly given the US / China trade war that seems to be happening. Surely that creates a tail wind for resource companies in this space |
The third key DFS activity is funding, and we continue to build strong funding relationships that are ultimately the foundation of successful implementation. As previously reported, Blencowe received a US$5 million technical assistance grant from the US Government, via their private sector lending arm the Development Finance Corporation (DFC), and to date US$3.5M of this grant has been disbursed to Blencowe. This support has been critical, and aside from the credibility our relationship with DFC provides we are confident this tier one financial institution will play a cornerstone role in the overall funding solution for Orom-Cross implementation.
Other financial institutions have also engaged with us and we are building a strong base upon which we can be confident will ultimately bear fruit, and deliver the substantial capital requirement to build our mining project. |
I've accepted long ago this won't move and hold outwith it's range until each of these positively deliver.1- A significantly improved DFS is delivered.2 - Binding offtakes are agreed and signed.3 - Capital funding is fully secured. |
And there we have it, splat against the perverbial windscreen just like the rest.
Beyond frustrating. |
Excellent Rns. Let's see if this one excites the share price or like the rest dies a death. |
'Exclusive supplier' of graphite to Safeloop. |
It is indeed - RNS;Orom-Cross Graphite Excels in SAFELOOP Product TestingExceptional Results Underpin the Project's Strategic Importance |
It's alive! |
Sorry link got detached but it can be found on YouTube interview is by StockBox |
Some very positive coverage for BRES commencing from 7 minutes:
Alan Green says:
“Given it’s market cap of just £11.7m, which compared to its peer group frankly is laughable, I think we’re going to see a major shift in its valuation and a reset in its share price this year. |
Graphite: It's time to look at Graphite HTTPS://smallcappix.com/blogdetail?id=65 |
Looks like it's the monthly clowns outing.Always the same collection of usernames. |
Same again wait 3.5p sell 4.5p about never fails |
Brief outline for newcomers and bargain hunters: The Orom-Cross Graphite Project features a strike length about 13 miles long and between 1 - 2+ miles wide. Not only that, the graphite is presenting at the surface and goes down over 328 feet at certain areas. US$5 million grant funds received from the US Government via the Development Finance Corporation. When the CEO said that BRES want to be a Tier 1 player, he wasn’t joking! DFS due this year. DYOR. GLA. RB. |
My link to the VOX interview has been removed but it is available on YouTube search Blencowe Resources |
New VOX interview just out: |
SmallCapPix interviewhttps://youtu.be/9ifTFoRmSts?si=GwManE_okaTD855wHTTPS://smallcappix.com/stockchallenge |
Latest broker note |
Spot on as ever Soulsauce.
It's garbage this. |
Things like graphite and tungsten and even lithium i wouldn't touch with an extended barge pole on steroids.Give me the old classics like copper and gold baby, hell yeah.Worth doing some research, kiddos, IMHO!!!! |
Calculator the DFS is funded as per the recent prospectus - they have a 2.5 million budget for the next 12 months, which is fully funded once the final DFC tranches are received. Agree the strategic investor mess has done damage to the share price and short term sentiment, I suspect like many shareholders I am sitting right for the next 6 months until DFS is complete by which time the true value of the project should be apparent |
Yeh I think it's because they are not fully funded for the Dfs with the downstream spg strategy added on. As Mike states graphite mine isn't really feasible on its own. Goal posts keep moving, the last raise with warrants along with the debacle with the strategic investor has killed sentiment. Yes I am a disgruntled ex shareholder now, but I am looking to get back in depending on what the next fund raise is. Pessimistic to hell I'm sure you can tell now, so historical double bottom around 3p is it, that wouldn't surprise me. Unless Mike can put my funding worries at ease in the webinar next week, I will be paying great attention to his wording if quizzed, but he said he wouldn't come back to the market before didn't he so...... Post funding he was convincing this was the last of it. All in my honest opinion. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
