Member Info for cf456

"Blencowe currently trades at just 4.4% of the US$1.254 billion NPV defined in the updated May 2026 DFS. Applying the average of the peer group multiple to the NPV of Orom-Cross, we arrive at a valuation of US$173.4 million or 35.7p per share in issue, for Blencowe, an upside of 345% or 4.5 times the current share price."

RNS - Half-year Financial Report

"There are several interested parties considering investment and going through the due diligence process and Blencowe will update the market once these options progress to the next stage."

Https://thatstocksguy.substack.com/p/european-green-transition-79c

Or better.....

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"Friel’s stated ambition for the share price in 2026 is a double or a triple from the placing price.

Whether or not that happens in the near term, what seems clear is that the underlying business — bought cheaply, growing fast, sitting in front of a significant policy tailwind, backed by serious institutions — looks materially undervalued at current levels if the execution holds."

https://thatstocksguy.substack.com/p/european-green-transition?r=28f0br

"Friel’s stated ambition for the share price in 2026 is a double or a triple from the placing price.

Whether or not that happens in the near term, what seems clear is that the underlying business — bought cheaply, growing fast, sitting in front of a significant policy tailwind, backed by serious institutions — looks materially undervalued at current levels if the execution holds."

Https://thatstocksguy.substack.com/p/european-green-transition?r=28f0br"Friel’s stated ambition for the share price in 2026 is a double or a triple from the placing price.

Whether or not that happens in the near term, what seems clear is that the underlying business — bought cheaply, growing fast, sitting in front of a significant policy tailwind, backed by serious institutions — looks materially undervalued at current levels if the execution holds."

https://thatstocksguy.substack.com/p/european-green-transition?r=28f0br

Https://www.youtube.com/watch?v=tuQzXy6ramk

Https://smallcappix.com/blogdetail?id=136

One of whom is the Chairman of Ruffer

https://www.ruffer.co.uk/en/about/whos-who/henry-maxey

Https://www.investorschronicle.co.uk/content/c9a4e461-2d0a-42ab-86bf-52134f3bbc02

Https://thatstocksguy.substack.com/p/sovereign-metals

"But the bottom line is, for a really simplistic view, the panacea for all junior miners, and I don't want to classify us as a junior miner, a developing miner, is to hit that $1 billion valuation. You know, I do believe we have a portfolio of assets to achieve this. And that's the long and the short of where we really want to be in the next five years."

from 43:44

Available on Research Tree

oak securities initiating coverage of bres today with a buy rating and 33.7p target

https://*********************/companies/uk/industrial-metals-nonferrous/blencowe-resources-plc/research/oak-securities/blencowe-resources-initiating-at-buy/02d05e14-cdaf-436b-b19a-8f415b9e2055

Do a Fill or Kill order and you should get them if you're quick. The MM is currently quoting 180 for a size of 2000 shares.

Crazy price action since the release of the DFS.

The market cap is sat at just 3.6% of NAV. Even double that from here and it's nowhere near a reasonable valuation. Frustrating short time price action, but surely there is significant upside from here over time.

Here's what Mike said a couple of months ago:

"Typically as companies move through DFS...you're talking about 15% even up to 20% in terms of market cap against that NPV number. So whatever we end up with an NPV, you go and look at 20% of that and that's where we might see ourselves sitting as a market cap."

https://www.youtube.com/watch?v=pKCDIlBptsM&t=1624s

"And if they can see that 26 million market cap today can be 100 million in the near term, that will be attractive to them. And I believe it's got even more value than that. That's just a stepping stone."

https://thatstocksguy.substack.com/p/1c63ae19-e16d-4c74-baa0-823fe126d67e - from 43:30

No wonder. Currently sat at just 4% of NPV. Huge opportunity here.

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"Typically as companies move through DFS...you're talking about 15% even up to 20% in terms of market cap against that NPV number. So whatever we end up with an NPV, you go and look at 20% of that and that's where we might see ourselves sitting as a market cap."

https://www.youtube.com/watch?v=pKCDIlBptsM&t=1624s

"And all of these together, I think is building something which is really, really unique and valuable. And look at the end of the day, why are the funds going to come and support us?

Because they want to get value. And if they can see that 26 million market cap today can be 100 million in the near term, that would be attractive to them. And I believe that it's got even more value than that. That's just a stepping stone."

https://thatstocksguy.substack.com/p/1c63ae19-e16d-4c74-baa0-823fe126d67e - from 43:16

Https://x.com/that_stocks_guy/status/1989265231739318672

"At the end of the day why are the funds going to come and support us? Because they want to get value. And if they can see that a £26 million market cap today can be £100 million in the near term, that would be attractive to them. And I believe that it's got even more value than that - that's just a stepping stone."

https://thatstocksguy.substack.com/p/blencowe-resources-a3b

from 43:25