Member Info for Computer909

Not fussed by the price of the raise, pretty disappointed at the 4.5p warrants though.

They have raised only the cash they need because Trump has screwed with the DFC and BRES couldn't wait any longer, even if they are expect to be unlocked at the end of April.

Another £2.5K at 3p in the ISA from the retail offer.

interims are not due, we are due full year results, probably by the end of june.

i wouldn't get too concerned over the cgtl warrants levels, this will surely be a private company in their hands way before the shareprice sees those levels.

dumbo must be sat laughing his **** off, knowing he has a few more months of cash in the bank to pay his wages, and he doesn't even have to turn up to the office anymore, why would he they aren't actually doing anything.

a few nice all expenses paid trips to the uae on the cards for our dumbo, i'm sure!

Palumbo's post on LinkedIn this morning should show you where this in now heading, We have seen it from a number of AIM companies over the recent months, stating that the AIM regulatory burden outweighs its benefits, all as a prelude to taking the company private.

Palumbo is a criminal pure and simple, CompactGTL see and opportunity for a quick raid on the EQTEC IP, and dumbo is happy to take his cash, and screw shareholders

"We have plenty more projects worth focusing on"

And exactly why do you think we have had exactly zero news, Zero interviews, Zero social media posts for months.

If there were "consistent revenues" flowing in from these projects how could Dumbo justify diluting 28% for what is effectively around £1M by the time they take out expenses, the £250K back hander and the £153K fee.

This is clearly just Dumbo and co securing enough cash to pay their salaries for long enough to position CompactGTL for the take over.

So CompactGTL take 28% of EQT for £1.5M, Dumbo gives them back EQT’s share of the Joint venture vehicle and agreed to give them a £250K investment for another non-existent piece of tech.

They take on the debt control which means the can secure the required equity share for a takeover whenever they want.

After the INSP £95K for nothing, and the Pitcole 10% of the company in exchange for 10% of a failing Italian plant I didn’t think Palumbo could come up with anything worse, but he never fails to amaze me!

Well we can see the end play now, a cheap sellout to CompactGTL for somewhere between 0.85p and 1.5p

Clearly no news for months has meant no revenue being generated and they needed more cash for their bloated salaries.

These criminals should all be in jail for fraud.

Wow, Thanks to the Orange Man picked up another 67K this morning sub 3p, Thanks you very much my man !

We know the schedule, from the company not some random who is just making things up, @Legalwolf come back in July and perhaps you will have a leg to stand on, until then you are just full of sh it

Lol, @WordSpaghetti, newly arrived and full of bluster, it won’t take long for Palumbo and Co to sap the enthusiasm from you.

Those of us that have been here for years have seen it all before, do your research and don’t believe anything that isn’t issued via an official RNS, and even then take it with a pinch of salt!

“Could be tomorrow. Could be next week”

It will be the end of June when they are forced to!

Will they have used all those PhDs to generate enough cash to cover minimum wage this year, with that going up by nearly 7% in three days time, it’s unlikely!

Dumbo will still get his £6k a week, and how much is the elusive new COO getting for turning up to one interview months ago.

The issue is they have drained this body dry and all have other projects they are more interested in, they only worry about EQT if their money doesn’t arrive on time.

EQT needs a complete new BoD if any type of sentiment is to return, with this shower still in charge it ain’t going anywhere.

The only question is how long can Dumbo and Co continue to drain the cash from this company without achieving anything and staying in business.

Anyone who has experience of Dumbo and JVL lies knows if there was any good news they would be shouting from the roof tops because it would allow them to rip off shareholders just that little more, like raising on the same day the received £2m from Logik

These guys are a bunch of charlatans!

*In Short !

lol, I bet your head nearly exploded !

The only one shorting this shambles in Dumbo and co, by holding back news.

Unless you can give me a good reason as to why they don’t update the market as to the status of the Italian MDC after we committed another £3m in order to fix it

*In Short !

“Without graphite, there is no lithium-ion battery.”

Https://youtu.be/2ngBGa_ihic?si=VchW7-w2v3hxhnbt

We have been given the timeline many times, and for a junior miner BRES has succeeded in condensing that timeline considerably.

The state of the UK market over the last three years has been shambolic and that has meant that BRES has been thrown a few curve balls, for example they expected to be getting cash from warrants at 7p rather than an equity raise at 4p, but they have handled everything that has been thrown at them.

Timeline for production in 2026 has been laid out, we expect the NPV to now exceed $1B once the DFS is complete, and it's perfectly reasonable for BRES even if they have to dilute project ownership to have an MCAP in excess of £100M within two years, and that is multi bag from this point.

Just releasing news into a rubbish market unfortunately, 89% of the FTSE 100 are down today and expected to fall more this week with Trumps “Liberation day” tariffs. Just a case of holding strong, taking advantage of this dip and seeing what happens as more good news arrives

The end of the week will see a full quarter without a single update from EQT, no RNS, no social media updates, no investor relations articles or interviews.

What are Palumbo and the clowns actually doing?

“Only 2 days until the deadline to success or failure :D”

I think most have already decided what side of that line Dumbo has put the company, we don’t need to wait for another two days.

David Palumbo, Dumbo Palumbo, Dilution Dave won’t be poking his head out from under his rock anytime soon.

@BlencoweResources

@BRES_news_channel