The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBlencowe Resou. Share News (BRES)

Blencowe Resources: Aspiring to become one of the largest graphite producers in the world

Blencowe Resources: Aspiring to become one of the largest graphite producers in the world

Share Price Information for Blencowe Resou. (BRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.85
Bid: 5.50
Ask: 6.20
Change: 0.35 (6.36%)
Spread: 0.70 (12.727%)
Open: 5.60
High: 6.10
Low: 5.60
Prev. Close: 5.50
BRES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Tasty sales rise; Synectics wins National Grid deal

Tue, 08th Mar 2022 12:33

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Tasty PLC - London-based casual dining restaurant operator - Says revenue in year ended December 26 amounts to GBP34.9 million, up 44% from GBP24.2 million. Revenue reaches 78% of pre-pandemic level of GBP44.6 million. Expects a swing to adjusted earnings before interest, tax, depreciation and amortisation of GBP8.0 million, from GBP2.7 million loss. "In addition, there has been a recruitment drive to strengthen the head office team and operational structure. This increase in head count will facilitate a measured expansion plan for a pipeline of five to six new units this year and a refocus on takeaway and delivery which, following the lifting of Covid restrictions, due to employee shortages has once again become secondary to the dine-in trade," Tasty adds.

----------

Synectics PLC - Sheffield, England-based provider of security systems - Awarded "substantial long-term contract" to supply security management software support to National Grid PLC. Total value of contract is confidential but Synectics expects to recognise GBP600,000 revenue this financial year.

----------

Blencowe Resources PLC - miner focused on developing the Orom-Cross graphite project in Uganda - Says "extensive" infill drilling programme completed in 2021 to provide updated JORC resource estimate to go towards pre-feasibility study at Orom-Cross. Work is "underway" to delivery the study by the mid-year target date.

----------

Anglo Asian Mining PLC - gold, copper and silver producer focused in Azerbaijan - Affirms that company and operations in Azerbaijan unaffected by sanctions imposed on Russian state, companies and individuals. "The company expects no material impact on its supply chain or operations due to the conflict in Ukraine, but will continue to monitor events on a regular basis," Anglo Asian adds.

----------

Zinnwald Lithium PLC - High Wycombe, England-based mineral exploration and development company - Test work finds production of battery grade lithium hydroxide from zinnwaldite concentrate is economically viable. Test work also confirms Zinnwald lithium project in Germany can produce "high-quality by-products", including potassium sulphate and precipitated calcium carbonate.

----------

East Star Resources PLC - Kazakhstan-focused gold and copper explorer - Says historical drill results at Eshkilitau II target in Kazakhstan "confirm the presence of a high-grade gold system". Drilling was conducted between 2005 and 2006.

----------

Harvest Minerals Ltd - Arapua fertiliser project in Brazil - Says accumulated orders for 2022 as of end of February total 30,161 tonnes, up more than eleven-fold compared to internal forecasts. Also represents 20% of 2022 sales target of 150,000. In addition, Harvest says is in "well advanced" stage of planning capacity increase to 200,000.

----------

NWF Group PLC - Nantwich, England-based agricultural feed, food and fuel distributor - Says strong first half carries over into second half of year ending May 31. Expects annul results to be "significantly" ahead of board expectations. Notes Russia invasion of Ukraine has lifted oil prices. "To date, there have been no major supply issues and we continue to meet demand across the country," NWF says on its fuels arm. Feed commodity prices have also risen, NWF notes, something that will be "more keenly" felt in summer trading as raw material purchases for winter have already been made.

----------

Ixico PLC - London-based neuroscience data analytics company - Selected by existing US biotechnology client to provide positron emission tomography, or PET, and magnetic resonance imaging, or MRI, neuroimaging services. Ixico to provide services for a phase I/II dose finding study evaluating a gene-therapy drug candidate in adult subjects with early signs of Huntington's disease. Pact is worth GBP800,000 and trial runs for five years.

----------

Triple Point Social Housing REIT PLC - London-based real estate investment trust - Eyes altering investing policy, following consultation with a number of shareholders, board and investment manager. Also mulling removal of minimum lease term restriction. Proposes change to allow company to take on costs of funding planned maintenance. Triple Point Social would also like to enter into leases which have upward only adjustments, "tracking either inflation or central housing benefit policy". Changes to be proposed at annual general meeting on May 27.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
15 Apr 2024 10:17

Blencowe makes progress on Uganda project feasibility study work

(Alliance News) - Blencowe Resources PLC on Monday reported "significant progress" on its definitive feasibility study work for its project in Uganda.

Read more
10 Apr 2024 12:40

Blencowe receives third tranche of funding for graphite project

(Alliance News) - Blencowe Resources PLC announced on Wednesday the receipt of a third tranche of its grant from the US International Development Finance Corp, to fund work on the Orom-Cross graphite project in Uganda.

Read more
16 Feb 2024 15:15

UK shareholder meetings calendar - next 7 days

Monday 19 February 
Cloudbreak Discovery PLCGM
East Imperial PLCGM re capital reorganisation
Oxford Cannabinoid Technologies Holdings PLCGM re convertible loan note agreement with Cantheon
Residential Secure Income PLCAGM
Tuesday 20 February 
abrdn Equity Income Trust PLCAGM
Carr's Group PLCAGM
Dewhurst Group PLCAGM
Duke Royalty LtdEGM re changing name to Duke Capital
Wednesday 21 February 
Foresight Sustainable Forestry Co PLCAGM
Gooch & Housego PLCAGM
Tharisa PLCAGM
Thursday 22 February 
Bankers Investment Trust PLCAGM
Narf Industries PLCAGM
RWS Holdings PLCAGM
Sunrise Resources PLCAGM
Friday 23 February 
Blencowe Resources PLCAGM
Bluebird Merchant Ventures LtdAGM
Caledonian Trust PLCAGM
Chemring Group PLCAGM
Marble Point Loan Financing LtdEGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
6 Feb 2024 17:35

TRADING UPDATES: Power Metal firms Tati gold; Union Jack inks deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
31 Jan 2024 14:30

EARNINGS: BSF Enterprise "making great strides", Sylvania ups earnings

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
29 Jan 2024 11:57

Blencowe Resources receives letter of interest for debt funding

(Alliance News) - Blencowe Resources PLC on Monday said it received a formal letter of interest regarding a participation in debt funding by the US International Development Finance Corp.

Read more
25 Jan 2024 21:59

TRADING UPDATES: Karelian gets permit extension, Starwood ups dividend

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
2 Jan 2024 11:55

Blencowe Resources ships bulk graphite to China for testing

(Alliance News) - Blencowe Resources PLC on Tuesday said 600 tonnes of bulk sample graphite mined at its Orom-Cross project have been shipped to China for testing, and reported that it expects a grant funding from the US to complete soon.

Read more
11 Dec 2023 20:44

TRADING UPDATES: Ondine Biomedical raises GBP2.9 million via placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
30 Oct 2023 14:30

TRADING UPDATES: Helium One says Tai-3 rig temporarily shut down

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
10 Oct 2023 13:15

Blencowe Resources receives first USD1 million grant funding

(Alliance News) - Blencowe Resources PLC on Tuesday said it has received its first USD1 million mobilisation tranche payment from the Development Finance Corp.

Read more
22 Sep 2023 18:06

TRADING UPDATES: Blencowe hails USD5 million grant; Kodal progresses

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
22 Sep 2023 08:49

Blencowe shares soar on US government investment

(Sharecast News) - Shares in Blencowe Resources surged on Friday after the Uganda-focused graphite miner said it had received $5m in US government support for its Orom-Cross project.

Read more
4 Sep 2023 14:02

Blencowe says bulk sample confirms high quality graphite at Orom-Cross

(Alliance News) - Blencowe Resources PLC on Monday said China-based specialist laboratory, Jilin New Technology, has completed additional metallurgical test work on the Orom-Cross graphite project.

Read more
14 Aug 2023 11:13

IN BRIEF: Blencowe completes "critical" part of bulk sampling study

Blencowe Resources PLC - London-based graphite miner operating the Orom-Cross project in northern Uganda - Says it has successfully completed a "critical component" of the project's definitive feasibility study, with the successful scaled commercialisation of the flowsheet within the bulk sample processing at a pilot plant graphite production facility in China. Blencowe expects the bulk sample test programme to be completed by the end of the month. The 100 tonne pilot plant process is confirming the Orom-Cross ores' commercial processing viability and is currently nearing completion. Blencowe says sampling results continue to show that Orom-Cross can deliver in bulk a high-grade, low impurity concentrate. Says Chinese graphite offtake firms have expressed interest in "substantial quantities" of larger flake and fine concentrates from the project, and that several firms also have approached Blencowe regarding in-country downstream processing opportunities.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.