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Some news - https://twitter.com/BlencoweRes/status/1775096258400567481
POSCO South Korea - https://twitter.com/BlencoweRes/status/1785218495946367308
Wow
We knew it was coming but this is the Game changer.
This gets better now day by day and glad I’ve stuck it out the last 4 years as I’ve always believed this was a special Company.!
BRES is Sitting on Billions of Tonnes of Graphite this is the reason I’ve stuck with it but also because Mike 90% of the time has kept his word.
So What’s not to love here if POSCO come onboard then Boom this will fly and Mike wouldn’t be visiting them if Bres wasn’t invited there.!!
Good time ahead all.😁👍
Some decent large buys in the 5s here today.
Legalwolf
Agreed great amount of buys today almost 824k
But only 1% rise.!!
Games being played Again.!
POSCO are just about as big as they come so this is a complete game changer if they can get off take terms. POSCO could probably take everything that BRES can manage, so it’s a big deal.
Not really sure why we aren’t closer to 20p at the moment. We are literally on the cusp. I think one day we will probably bag, maybe on off take terms, may be before. One things for sure though, it won’t be long.
Also wouldn’t be surprised to see someone take us out in the next couple of months. Exciting times. Strong buy
Paulie
I’ve Been saying we will get taken out b4 any production this I believe.
The Big Question is how Much will it Sell out for!!
I’m hoping anything around 80p plus as we got shed loads of graphite enough for 100years plus.
Bring on the Games.👍
I can see this quickly get to those heights once we have an offtake contract in place with a tier one producer and / or we have funding for the full mine (potentially forward selling offtake).
Either way, given the small share float and the appetite to not dilute en mass, this can move quickly up.
A ten bagger from here is 50p or £100m MCAP. Given that NPV is $482m (very conservative, only 2%, low graphite price, no downstream SPG), it’s easy to get at multiples of this figure.
As you say though, if I can see it, others with dealer pockets will be able to see it. We won’t get to mine, but we probably will make a very handsome short term return.
Comment from our CEO on Linkedin - "Excellent few weeks on the road in China & South Korea, much progress made and the forward strategy for Blencowe is being clearly defined"......sounds like it's all being mapped out nicely, I'm inclined to think that value will soon start showing through....fingers crossed!
End of sub 5p ask?
Some massive sales going in around 5p,intrigued who has this many to offload and why they would be doing so now
Are you sure they are sales? E.g. I had a quote of 05.25 around the same time as the £37,942.85 trade at 05.201. Surely, this could a buy?
Buying or selling the increased volume is a good sign generally I think isn't it?
S.tM - I think so. I try not to over focus on the buys and sells as it is often unclear which is which - but agree that increased volume is good when positive new's around.
If you ask me it’s the Mm’s deliberately suppressing the share as some of the Sells are Buys and it’s ironic that both buys and sells are the same end of trading 1.717mil but Vs 1.773M difference of 56k
I Sell a giant Rat.
Well she’s gonna pop Soon.👍
Seeing all those big trades made me check that nobodies run off with my 1.5m golden tickets to this ride. All hidden away, me precious!
Things are stirring in middle earth…
GLA
Is Bres finally stirring into life, or will it be another false dawn. I suspect it could be the former IF they confirm the financing/prospectus has now been completed. That announcement must be close now?
Spoke too early good sir....
I shall get my sub 5p......licking my lips if I can top up at 4.5p.....inevitable.
@Clever like yourself I relish the thought of topping up, again, sub 5p.
I think the days/times are numbered when this will be possible as we head into Q2 - excellent opportunity.
LW - good to see you here too - I feel stalked! haha
Ha PFG - it might well be GMET next :-)
LW - that would be a very good decision on your part,
;)
Clever your a Nutter
Should you not want the Share to Rise!!
Stop now with the Negative sub 5p And Think Big Think 6p thoughts.!!
Nearer 4p to 5p will do me too lol. Just keep adding, the resource is there, no rush
I think Clever must be Scottish.