Blencowe Resou. Share Price (BRES)

Funny I think of 6p as paying up, only because we're not used to see that number. but the mcap is still very insignificant when you consider what they're about to deliver by Q1 2025

Hopefully this is different, but we do need to see it consolidating in the 6s first, something it hasn't done before. Assuming it does, then another poster has already mentioned it, but what is different is Bres seemingly and assuredly moving through the "orphan period" of the Lassonde Curve towards the "strategic investment" (which is the second sweet spot on the curve). Everything is being put into place, and there is high confidence and trust in the management to achieve all the steps required to get through this phase. So maybe Mr Market thinks now is the time for the share price to start to match the progress being made - but like I said, need to see it consolidating above 6p.

No change it's basically been the trading pattern for the past couple years just look at the charts. I like this one because no large discounted equity placings needed so a safer bet than most pre-production miners. Important to note that many offtakes are on condition of debt funding in place first. Once debt funding is sorted it's off to the races. Low capex too which draws me in.

Lots of good information on X.

Number of possibilities. Market correction possibly one of the reasons