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“I'm struggling to understand why Blencowe isn't getting offtakes for it's natural graphite”

Perhaps you just need to take some time to read back through the BRES news feed!

Jilin - MOU to supply 15,000t/annum of blended large flake graphite, covering 66% of Orom Cross initial large flake production for up to three years from start

Safeloop - The programme targets up to 100,000 tonnes annually of small flake graphite at full ramp-up, providing a valuable long-term annuity income stream for Blencowe.

Apollo - Initial agreement for 250 tonnes per annum of purified small flake

In just those three agreements BRES have demonstrated a demand for all of their proposed products, large and small flake concentrate and purified graphite, and we are led to believe more to follow

We already know the Spg plant is targeted for 2028, what good would it be establishing prices for product that far out.

It’s clear some on this board recently don’t have an understanding on how long it takes for a company to move from explorer to producer and expect things to happen overnight. These types of agreements are crucial for understanding projections when looking for funding.

It’s clear the Orange ones impact on the DFC is giving some the opportunity to spread uncertainty in the hope of getting even more of a bargain, but things are coming together, if we need to raise as a stop gap for the DFC I’m pretty sure we won’t have a problem doing so at a reasonably rate.

Mining is a marathon not a sprint and even though we are getting close to the finish line sometimes things just take time

"lows indicates issues"

The only issue with EQT is the scumbag CEO, a true Charlatan who is only out to enrich himself and a select bunch of charlatan friends!

Even the great liar JVL had enough of his smirking face and jumped ship!

“250 tonnes per annum….is this a joke?”

Just the odd £2m per year on the order book!, a few more “jokes” like that will be very nice indeed thanks.

This is just one of the multi revenue streams BRES are building as they move from explorer to producer!

BRES addressed this at the time and made clear that they are fully up to date with any payments due, and retained full support of the local and national government. If you read the article even the author couldn’t understand on what grounds the complaining council members were actually complaining about.

Old news, already addressed, the people raising the “issues” were just chancers

If you take the time to listen to any of the many interviews Mike has done over the last few months he has made no secret that the finance needed to get to production will be raised as a combination of debt and equity, but has indicated the equity would be at a project level and not at a corporate level so while we may lose a share of the OC ownership shareholder dilution shouldn’t be needed.

That being said things could all change tomorrow in the current climate, so you pays your money you takes your chance.

Nothing in this market is certain

Trump is forcing his country into a recession and that will have knock on effects for the global economy.

So think the orange one is doing this to force down interest rates for his $9.2T government refinance later this year, others like myself just think he is insane but whatever the truth the global markets haven’t liked it at all, with the reciprocal tariffs coming on April 2nd that could make the situation way worse as companies and governments look to remove reliance on the USA, Mike is doing all the right things at the moment, but we know from the “strategic investor” debacle last year securing any type of finance is tricky. I for one will be more comfortable if we can move at least a small way away from the DFC as no one knows what will happen with that organisation in the next 4 years.

If the Shareprice stays at these levels after April 5th I will be adding more from next years ISA allowance for sure!

‘provider Phoenix Energy Group confirmed it‘

In October Wade Wheeler the operational manager at North Fork told me they were looking to be operational by the end of 2024, well into March we are still looking at cold commissioning.

Nothing these people say can be believed when it comes to timescales

Most likely news from Dumbo and co will be delisting!

Best news we could have is Palumbo has followed the liar JVL out of the door!

ADT the Ugandan drilling partner have already been issued $1M of equity in BRES in lieu of the drilling costs, announced in July 2024 so even if the DFC payments are delayed that won't affect the drilling programme.

Mike has always tried to keep seperate the Mining and SPG parts of the project, as you can see the SPG plant isn't on the plan until year 2. (Hence multi parts of the combined DFS)

When the DFC grant was agreed the SPG joint venture wasn't even known about, its likely the DFC involvement may be limited to the mining operation, so chinese involvement with the SPG operation shouldn't be a complication for the DFC.

That being said, we do have the involvement now of "Big Dick Don", not even god knows which way that guy will lean on a day to day basis.

What makes you think that Dumbo will lower himself to issue updates before may/june.

He’s so deluded he thinks he is running a FTSE100 company and only has to issue results and interims.

We only get updates when he concocts new schemes to rip off shareholders

They removed the IR email address before they ran for cover, and I have not heard of one person to get a response from a web form enquiry

Dumbo the smirking idiot would have shouted from the roof tops if there was any good news.

He can not argue that news of Italy MDC is not in their remit, as the liar JVL did at the AGM a few years back, Italy is very much under their control and they should update shareholders on whether the €3M refinancing (which wasn't actually refinancing but more cash to fix issues) has actually been put to good use and the plant is working, or as JVL told us they are still polishing their knobs!

There is zero, absolutely zero respect for shareholders from this circus.

The way Trump is destroying the US economy, BRES may have to lend the DFC the money for their lunch soon !

Palumbo's other project gets some cash today, and a jump in the share price, meanwhile EQT continues to pay his and the other non-entities we call a BoD bloated salaries for achieving absolutely nothing.

Where are they, no meaningful updates in months, no social media posts, no nothing.

What a bunch of charlatans, Dumbo Palumbo has destroyed the company and turned it into the leper of AIM (and that is saying a lot with the AIM cesspool)

Palumbo and Pearson play the same game, how may pay checks can you collect before anyone actually realises that you are incompetent or in fact don’t do anything, don’t even turn up at all, Palumbo is clocking 5 years but Pearson is in a league of his own, I guess that’s the MP training for you.

JVL scampered away with is tail between his legs after spouting bull for years, where are the new exec team? I bet they still collect their money each month, have we heard a squeak from them.

The only time we hear from these charlatan is when they rattle the collection tin

Mind you Friday night is Gunn and Palumbo get together night with the weather getting warmer that is never a good time for EQTEC shareholders when those two charlatans get together over the weekend

They are live two Macbeth witches cooking up a crap shop for shareholders

Before it tanks completely?

Blimey how much lower can Dumbo and the rest of the circus drive this sh it show?

With Trump crashing the US economy I’m sure that BRES in the next 24 months is a much better investment than any S&P500 ETF.

When we get to the end of the year a transition from explorer to fully funded producer this has be worth at least £50m.

In phase 2 and 3 even if we have to give up 50% of OC equity to get the $100m capital needed for ramp up and SPG this has to be worth £150m-£250m

Just take a look around at the value of peers,

5x by the end of the year 25x within 4 years, these are massive returns if all goes to plan.