We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.40% | 5.00 | 4.80 | 5.20 | 5.00 | 5.00 | 5.00 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | 0 | -1.4M | -0.0064 | -7.81 | 10.82M |
TIDMBRES
Blencowe Resources PLC
21 July 2022
21 July 2022
BLENCOWE RESOURCES PLC
("Blencowe" or the "Company")
Research Note on Orom-Cross Graphite Project
Blencowe Resources ("Blencowe" or the "Company") (BRES:LON), is pleased to note the publication of a new research note by First Equity Limited on the Company's Orom-Cross graphite project, located in Uganda.
In the note, First Equity Limited, u sing the new PFS numbers, have updated their risked valuation model, based upon a revised NPV8 of $482m for Orom-Cross and by applying a 30% development/resource, 50% finance and 25% country risk factors to derive an estimated GBP105.4m (prev. GBP43m) value.
A GBP105.4m risked graphite project value equates to a price per share of 59p, which is more than double their previous 27p target and represents an uplift of around 18 times from the current share price.
Click here to read: https://blencoweresourcesplc.com/capital-structure/
**ENDS**
Contacts
Hot Features
Premium
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
Tavira Securities Tel: +44 (0)20 7100
Jonathan Evans 5100 jonathan.evans@tavirasecurities.com
First Equity Limited Tel: +44 (0)20 7330
Jason Robertson 1883
jasonrobertson@firstequitylimited.com
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
NRAUAABRUOUBURR
(END) Dow Jones Newswires
July 21, 2022 05:00 ET (09:00 GMT)
1 Year Blencowe Resources Chart |
1 Month Blencowe Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
