Member Info for Browns99

SP drop isn't really 7% it's more like 3% so far today. Yesterday closed on a 9p UT when really the mid point was 8.65p

do you want mike to read you a bedtime story as well? bres has spoiled us with regular news flow over the past year and as soon as they have a small gap between news people start shaking like a ****ting dog!!!

Should see a bounce going into close.

Key Transportation Components

Sealed Road Network: A UK-funded project is upgrading the road from Kitgum to Kidepo, which runs close to the Orom-Cross site. A new junction will link the mine directly to this sealed highway, providing a "tarmacked route from mine to port".

Mombasa Port Access: The primary export route involves trucking the graphite concentrate to the port of Mombasa, Kenya, for shipment to international markets.

Trucking Fleet: Blencowe plans to use long-distance "prime mover" trucks for transportation.

Electric Vehicle (EV) Potential: As part of a "green graphite" strategy, Blencowe is exploring the use of electric prime movers for logistics to lower carbon emissions.

Future Rail Option: The company is considering rail transport from the regional center of Gulu, which could further reduce costs once the operation scales up, as part of the overall logistics advantage.

Key Logistics Advantages

Improved Infrastructure: The infrastructure required for production is largely already in place, including road access, which keeps upfront capital costs low.

Reduced Handling: The, site is located approximately 28km from the main road, and the upgraded roads facilitate easier transport from this remote location.

What do people thing about the IRR only being 23% ????

I've just noticed Soverign Metal has announced their DFS this morning the figures look good but only a 23% IRR.

"Blencowe continues to progress strategic and funding discussions in parallel"

Even if it's just a period of no news to announce isn't it a bit strange that their social media is quiet also? You would at least think a few posts would keep the interest going. I guess we'll find out soon enough.

Brilliant 8.27p

Do you live in a cave? If not turn the news on that should answer your question.

The SP is now dropping below November placing price.

4. 30pm on Thursday can't come quick enough. Just so we can have a few days break from this constant decline misery.

Moving through the gears 👍

Over the past decade the London stock exchange has shrunk by nearly 40%. Companies not willing to float on the exchange or companies leaving. I can see why when a success story like Bres is being treated like it is and not being rewarded by all the great work it's done of the past few years. Totally disgraceful.

It's been very quiet from BRES for the past 2 weeks. No RNS's or X posts. I have a feeling something big is about to drop and the Market is trying to drop the SP further ready for the imminent big gains. Only my feelings and opinions.

But this continued daily f**king price drop is getting boring and frustrating now!!!!!

The risk of a delayed funding solution has been priced into the SP. Now if BRES dropped an approved term sheet RNS I think you would see the SP sky rocket like nothing investors have seen for a long long time.

20p by July

AGM is Thursday 26th Feb at 10am

He also said there will be no rally this week due to Chinese new year. Clutching at straws!