Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
The reservoir has exceeded all expectations and practically doubled in estimations!
All's we need is a sidetrack not being evaded by contamination..
Anything above 300 bpd will exceed recent highs imo.Fairvalue is still way above these prices.
I expect we will see 7-8 bef
It is a misconception that has been passed around that a placing is due to a payment that needs paying at the end of the month.
This was accounted for in the recent raise if you read through the itemised accounts in the fundraise rns
*Use of proceeds
The gross proceeds of the Fundraise, combined with the Company's existing unrestricted cash, will be used as follows:
· Drilling and completion of the side track ?2.1m
· Payment of outstanding costs due before end April 2024 related to the SCHB-2(2.) well ?1.1m
· General working capital and to cover the expenses of the Fundraise ?1.0m
I don't think you quite understand what share buyback entitles takeaim
Lets not forget this could he the first of many special dividends as Ed has highlighted.
Of course it will drop at first and then the buying opportunity will commence
Everything says stick at these prices.. Buyback intensifying /cash in the bank and assets virtually priced at zero!
There's not alot of choice out there these days so a prudent investor should take heed in here
What utter nonsense you spout.
Playing the good samaritan again are we😂
If people where waying up the risks they would not be investing in aim shares. High risk high reward.. Flip the coin
Trading isn't possible with what little liquidity we have atm
Can't have it any other way unfortunately