Member Info for ForrestGump

Might be Game-On!

GLA

How will HARL build anything should Riverstone choose to sell the £70 million quids worth of new high-tech kit?

Reynolds, Reeves, and Starmer have likely been given reassurances that this won't happen. But why would a Wll Street outfit care?

Might we see $5,000 per ounce Gold should the U.S. lose the dollar as the World's Reserve Currency?

IMO owning precious metals will be key to surviving the coming storm.

GLA

Methinks tomorrow will be "bad news" Friday for us LTHs.

Hopefully, the shipyards survive. But the Labour Party are all about building houses for illegal migrants. So, maybe they get to live in waterside apartments in Belfast?!?

Just so people can see this first thing in the morning!

Supposedly the Labour Party are going to fund all the "without productivity" Pay Rises with Economic Growth. Wouldn't guaranteeing Harland and Wolff's business loan have kick-started the UK's economy?

The fate of Harl is likely to be the bellwether, sign-posting the way to the economic doom the neo-Marxists' in our Parliamentary uni-Parties have fated the nation to.

Starmer and Reeves have started disastrously. Things are likely only going to get very much worse, and might never, ever, get any better!

Supposedly the Labour Party are going to fund all the "without productivity" Pay Rises with Economic Growth. Wouldn't guaranteeing Harland and Wolff's business loan have kick-started the UK's economy?

The fate of Harl is likely to be the bellwether, sign-posting the way to the economic doom the neo-Marxists' in our Parliamentary uni-Parties have fated the nation to.

Starmer and Reeves have started disastrously. Things are likely only going to get very much worse, and might never, ever, get any better!

Might Arun have just been awarded a juicy fat bonus for going "above and beyond" at such a difficult time?

Hmmm....?

Takeapuntortwo. Harland and Wolff are likely finished.

All that remains is for the people of the United Kingdom to let the Uni-Globalists know what they think of the "Race to the Bottom" economy the Labour Party, and the Tories before them, seem to be carefully crafting!

I've got other investments. If they come good, Harl will soon become a distant memory for me. That might not be the case for the Good People of Belfast, and Dublin!!!

Wasn't the company led along the garden path by two Globalist Uni-Parties that have no loyalty to the people they are supposed to represent?

Had Sunak, Hunt, Reeves, Reynolds, and Starmer made this clearer us PIs could have pulled out money out!

A certain Mr. Coetzee helped me lose circa £28k here. Hopefully, the new management will help claw some/a lot of that back for me!

GLA

We live to fight another day!

Happy Weekends, All

American Defense Companies are getting jittery about supply of Rare Earths for weapons manufacture.

https://oilprice.com/Metals/Commodities/Chinas-Rare-Earth-Restrictions-Shake-Up-Global-Markets.html

Rainbow's ducks are starting to line up!

I thought yesterday's very late reported trade didn't make economic sense!

GLA

How is the buyer of these shares intending to make money?

04-Sep-24 16:37:01 1.14 25,000,000 Buy* 285.00k

PI Sellers sold yesterday. The share price will be driven by the "insiders" today.

Let's see where they take us. All will likely be clear sometime after 10am.

GLA

Blencowe Resources (LSE: BRES.L) has signed a Memorandum of Understanding ("MOU") with Singaporean graphite sales and marketing specialist Triessence Limited ("Triessence") and a leading Asian SPG and Anode material producer ("SPG Partner"). This partnership aims to establish Joint Venture (JV) for a graphite beneficiation facility in Uganda producing 99.95% purified graphite for lithium-ion batteries. This venture will set Blencowe apart from competitors focused solely on producing graphite concentrate and provides a life-of-mine offtake partner near the Orom-Cross Project, offering significant additional commercial advantages.

With this JV, Blencowe's has strategically aligned with two highly experienced Asian graphite specialists to ensure successful delivery.

Highlights:

· JV Formation: Blencowe and Triessence will each hold a 50% stake in in the SPG facility, with the SPG Partner providing operational expertise. Blencowe retains 100% ownership of Orom-Cross.

· Value Addition: Upgrading 96% graphite concentrate to high-value battery ready 99.95% uncoated SPG significantly enhances commercial returns compared to selling concentrate.

· Risk Mitigation: Partnering with graphite industry experts mitigates operational risk.

· Capital Investment: Triessence will fund 50% of capital costs for the SPG facility.

· SPG Offtake Secured: Triessence will purchase all end product, ensuring consistent revenue and premium pricing for some of the first 99.95% SPG produced ex-China.

· Non-China Focus: SPG product ultimately to be sold to OEMs outside China via Triessence, providing strong political, commercial and funding advantages.

· Next steps: Definitive Feasibility Study (DFS) for the SPG facility will be integrated with Orom-Cross DFS for a comprehensive development strategy.

Executive Chairman Cameron Pearce commented:

"Blencowe has long recognised the substantial advantages downstream upgrading of graphite in-country can offer and securing experienced partners who have the expertise to help us deliver successful SPG production was essential. I am delighted to say that this MOU is another significant milestone in enhancing both the value and distinctiveness for our Company."

"Our JV team will now focus on the SPG facility feasibility study and integrating it with the Orom-Cross DFS, providing a comprehensive solution that adds considerable value. We anticipate minimal additional costs for this study as we are utilising our partners' existing vast experience for all costings and design work, and no further bulk sample testing or further resource drilling is needed."

Might we have experienced one last, desperate, Tree Shake, yesterday?

Looking good going forward!

GLA

Why did someone buy these shares - if the flow rates are non-commercial?

04-Sep-24 16:37:01 1.14 25,000,000 Buy* 285.00k

Why would anyone lumber themselves with 25 million shares that presumably can't be sold on?

I'm assuming the company is going to clarify the current position, sooner, rather than later.

So, are we to assume that the trade, supposedly a SELL:

04-Sep-24 16:37:01 1.14 25,000,000 Buy* 1.08 1.10 285.00k

was actually made a few trading day's ago?

How else would the MM have made money from the trade?

Don't know if anyone knows how many day's the MM are allowed not to declare late trades?

Hi Broomtree. Apologies - must be losing my marbles!

Let's see what tomorrow morning brings.

Methinks the last trade of the day is a buy. There's no explaining how anybody managed to SELL on such favourable terms. I mean, are the MM's mugs or what?