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You have me to thank for that.....bit the bullet and bought 12k worth way past 5p. Feeling robbed but another c220k shares in sticky hands till production.
Oh sub 5p, how I miss your warm embrace.....
Difficult to buy any amount....had to place order to purchase.... not many sharesi in issue and not many sellers about.....they can'thold this down for much longer......tick up coming soon.
Any positive news and this will move fast...Exciting times to be in at such a low market cap .
As already stated in plain English Grenade, it's with the regulator, nothing BRES can do about it, delay is not their fault.
Https://x.com/blencoweres/status/1788486110273732754?s=46&t=EvXh7V_bl0KSecPP7wKHJg
#BRES 📸Pictures taken at the pilot plant facility near Yanji, Northern China
Northern 🇨🇳 is the source for the majority of the Chinese #Graphite
🔹Pictures show processed graphite from the 600t Bulk sample, dried, bagged & ready for screening into the different flake sizes
It’s a prospectus, it’s been 3 months, a prospective investor can’t invest because of this. It’s a very basic common document to provide.
What do you mean “can’t even”? This company has been a model of progress and delivery. And you pick on the one thing that is delayed, which, by the way, is in the hands of the regulator, not the company
Fair start to the day.
I would like to know when the prospectus is coming. If they can’t even get that done.
Bottom is in.
Grumpy LTH's need to realise.
Huge things are coming for BRES in 2024.
Can someone make sure this gets asked on the call tomorrow. I think it’s important. To say it’s with the lawyers and out of our hands is not good enough.
Yes it does look like the 5s might finally be here to stay.
What is happening with the financing/prospectus though? I'm sure it will happen, but taking much longer than expected isn't it?
Sub 6p only now IMHO.....I hope.
All I'm seeing is red today in my portfolio apart from this gem which is blue....
Seems steady to me....unfortunately
All I want is one more sub 5p top up and I'll move on to sub 6p...
Heaven forbid we should stay above 5p on the ask henceforth.
Yes it's definitely feeling well-supported at these levels.
Sub 5p......where art thou?
Still waiting on this Prospectus and 5p investor since February when it was announced. Mike is having a chat on Thursday, what’s the point going over old news, why have we had no communication on this, what is the holdup? Last we heard it was with the lawyers said by a paid for market shill.
Like it or not the SP won’t move far from the 5p level until we get the recently announced subscription away and we get an idea as to what the short and long term intentions of the “strategic “ investor are.
I do agree with your main point ie liquidity of the stock. That’s the real issue here for me. We’ve traded in a range because like you say you can’t buy a significant amount without needing to place separate orders which materially moves the price. That then gets sold into. I have had to build my stake over numerous trades because of liquidity. In my mind, where there is no stock to buy, the price should increase but that just doesn’t seem to happen here
The reported spread takes into account the price associated with buying and selling large amounts. So the fact that one can buy a relatively small amount nearer the middle is not really an answer to the point. Anyway, apologies for what was ultimately a pointless whinge. Such issues will become irrelevant as the company continues to deliver this world class project
Spread wasn’t that bad, I managed to buy at 5.044p earlier this morning. I think they don’t report the spread well most days but today was definitely wrong.
Was is correct is that virtually all todays trades are buys.
£16k buys vs £300 sells and 5% down, jokers
Ashamed*
What an utterly appalling spread, the MMs should be assumed of themselves. Despite the spread, upward momentum looking good