Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
The financial report was for Mar 2023. There has been a significant uptick in activity and new license purchase since. Perhaps you can point me to an RNS which I have missed clarifies this mor recently. We burnt 3 million in 22 to 23. As for CB he says lots of things which don't materialise..so an update is much needed
We don't know the cash burn, cash remaining or whether there are any covenants on the sale of shares. An updated statement with news is much needed
Fat fingers but you get the gist...
Over two months since kamati update ... did the samples get sent by donkey? Cd said he would updat the market with progress...does that mean there is jone worth reporting?
Perhaps it is production ready but sale or production starting is not likely before Q2 next year
What is really frustrating is that with all of these licenses, all of the innuendo, we haven't had an update since the 7th Nov.
Given the over exhuberance, timescales to seal deals, unknown covenants on sales of shares accrued through deals and long delay on Luansobe production ( more likely Q2 next year), an CB form, there is a fair chance this is going to get diluted?
Thanks but that has not answered the question as to whether other companies have managed to get ahead of us in a queue which is meant to be first come first served. This is pertinent as it may indicate some adverse response to our company.
In terms of waiting our turn for granting of licenses... are any actually overdue when compared with submission dates on licenses that have been granted to other companies?
Guessing also ..but if CB said Q3 it is his usual hubris and it won't happen until much later
Well iky has better track record than CB in his predictions
Reserves are heavily dependent of fracture porosity. When was the last CPR? Is this incorporated:-
https://www.lyellcollection.org/doi/10.1144/jgs2019-137
Haven't access to read this..maybe some geo here can comment if the contents are consistent with what info GKP has readily made available to invetors
It's good to get an update even if it announces some delays ..this is proper expectation management. Thanks for the summary Analytical - nice and balanced
Which by track record probably means 2025 along with Luansobe and a cash call. Hope I am wrong
Super ..
In the meantime , after some superhype RNS on 24/7, 10/8 and 20/8 we have heard diddly squat about Kamativi. Does not bode well, as we can guarantee any good news would have been over-egged by CB.
It's a shma ethat the likes of PUTUP who sneered at TSSZ information then pontificated about him being an inside trader has deprived the board of further input from TSSZ. I don't see how trading based on an inside knowledge of the political situation, not gleaned form the company itself can remotely be deemed as insider trading. Absurd