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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% | 4.65 | 4.30 | 5.00 | 4.65 | 4.65 | 4.65 | 135,276 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | -1.4M | -0.0064 | -7.27 | 10.1M |
TIDMBRES
Blencowe Resources PLC
20 July 2021
20 July 2021
Blencowe Resources Plc
("Blencowe" or the "Company")
Invitation to Webinar
Blencowe Resources is pleased to invite investors to an investor webinar, hosted by Shares Magazine where CEO Mike Ralston will present Blencowe's plans to develop our potentially world-class Orom-Cross Graphite Project followed by an audience Q&A on Wednesday, Jul 21, 17:30 PM BST.
The webinar is open to all existing shareholders or potential investors.
To participate in this webinar, please register using the link:
https://register.gotowebinar.com/register/8965032300449864207
The webinar will not require your participation in the form of audio or video, however, you will have the opportunity to ask questions via an online chat window during the webinar.
Whilst a Stage 2 drilling programme with the objective of further upgrading the higher-grade Resource at Orom-Cross is currently underway, next steps are in-flight to begin moving through development studies into pre-Feasibility and ultimately full Feasibility study in order to fully assess the project economics for Orom-Cross.
Following successful metallurgical testwork where graphite concentrate grades consistently ranged between 97-98% TGC, Blencowe is now better positioned to advance discussions with strategic groups in the knowledge it can deliver a range of high grade end products.
Please find below a link to our latest presentation:
https://blencoweresourcesplc.com/wp-content/uploads/sites/23/2021/05/Blencowe-Presentation-May-2021.pdf
ENDS
For further information please contact:
Blencowe Resources Plc www.blencoweresourcesplc.com Sam Quinn (London Director) +44 (0)1624 681 250 info@blencoweresourcesplc.com Investor Enquiries Tel: +44 (0) 7891 677 Sasha Sethi 441 sasha@flowcomms.com Brandon Hill Capital Limited Tel: +44 (0)20 3463 Jonathan Evans 5000 jonathan.evans@brandonhillcapital.com First Equity Limited Tel: +44 (0)20 7330 Jason Robertson 1883 jasonrobertson@firstequitylimited.com
Background
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 is moving into the studies phase shortly as it drives towards first production.
Orom-Cross presents as a large, shallow open pitable deposit, with an estimated overall resource between 2-3 billion tonnes of graphite. 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
July 20, 2021 09:01 ET (13:01 GMT)
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