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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blencowe Resources Plc | LSE:BRES | London | Ordinary Share | GB00BFCMVS34 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.75 | 5.50 | 6.00 | 5.75 | 5.65 | 5.75 | 211,851 | 08:00:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | -1.4M | -0.0067 | -8.58 | 12.04M |
TIDMBRES
RNS Number : 1949K
Blencowe Resources PLC
23 August 2023
23 August 2023
Blencowe Resources
Holdings - Spreadex Ltd
Blencowe Resources Plc ("Blencowe" or the "Company"), is pleased to advise that it was notified on 21 August 2023 that Spreadex Ltd have notified that they no longer have a notifiable interest in the Company.
**Ends**
For further information please contact:
Blencowe Resources Plc www.blencoweresourcesplc.com Sam Quinn Tel: +44 (0)1624 681 250 info@blencoweresourcesplc.com Investor Relations Tel: +44 (0) 7891 677 441 Sasha Sethi sasha@flowcomms.com Tavira Financial Tel: +44 (0)20 3192 1733 Jonathan Evans jonathan.evans@tavira.group First Equity Limited Tel: +44(0)20 7330 1833 Jason Robertson jasonrobertson@firstequitylimited.com
Twitter https://twitter.com/BlencoweRes
LinkedIn https://www.linkedin.com/company/72382491/admin/
Background
Orom-Cross Graphite Project
Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.
A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe has moved into the Definitive Feasibility Study phase as it drives towards first production.
Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total Graphite Content. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.
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(END) Dow Jones Newswires
August 23, 2023 02:16 ET (06:16 GMT)
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