Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Management are really serious about getting this project up and running on the right foot. Great to see, very exciting.
And it seems that this could be a way to secure funding for production.
“ Furthermore, Blencowe believes its Orom-Cross graphite project will be more likely to attract investors to finance production if it has these properties. ”
Don’t under estimate how important this could be. Most EV graphite today is synthetic and that is very environmentally UN-friendly! So EV manufactures have a lot to do to get the right credentials going forward. It may even be discussions with off-take companies that drive BRES to move quickly into this space. What ever the reason, it’s great that they are acting now and first.
Also…
This confirms what some have been doubting will happen….not long now.
“ when we commence our graphite operation at Orom-Cross from 2023”
Glad to see all the speculative froth gone.
Too much focus on the JORC when the real news will be the phase three MET tests.
“Phase Two met test work indicated a high quality array of end products that should be sought after in the market, and Phase Three is expected to underline this further by confirming the marketable characteristics of the different mesh size products and producing concentrates for consumer testing prior to pilot plant production”
Management doing a great job. RAB was absolutely the right choice. Securing future funding with warrants also a good move. Still an amazing opportunity to me.
GLA
Awareness is certainly building and will only take a few PIs to make any free float vaporise.
Then there is this investment firm which is dropping these £1 trades at the bid everyday. (Investment firm because the trades are marked SINT.)
Feel like somethings brewing and looking forward to a great JORC update soon.
GLA
Fantastic opportunity to get into the EV market with a commodity that will replace ultimately replace oil (along with other battery materials) with demand almost certain to out run supply.
Then there is the graphene which we don’t mention much here but will be the ultimate building material of the future. (Already starting to enter some high end product spaces)
Charts are showing BRES breaking out and the stocks as cheap as a bag of chips!
What’s not to like.
I think I will keep my 2m shares thanks.
While some may sell for 10% I see a 4-5bagger in the next 12 months and that’s just the start.
The management has been exceptional and have exceeded in every way; derisking the project significantly and beating expectations on quality and quantity.
Once they get a MOU in place with an EV maker or two; investment funds & pi’s will be scrabbling to get in. And whilst some may think that will take time, Tesla has already started to break tradition and is actively negotiating with small mining companies. That’s how desperate they are to secure materials for 2025 onwards, when they all know demand will outstrip supply. Perfect timing for Blencowe
GLA
Such rubbish about a big seller. They would have passed the need for a TR1 days if not weeks ago.
Your fascination with these trades is telling. Short by any chance? Investing a lot of time for something you don’t seem to hold or care to hold.
Solid update again. Really fantastic project with huge potential.
There plans are taking shape and I think the market really likes the idea of first production next year.
Mining licence already in place actually puts us ahead of many peers because that takes a lot of time to obtain. Sometimes years. Blencowe is in the fast lane and it feels good to be in at the beginning of the journey
GLA
People will look back and say. Wish I got in at 4p or 5p when this is hitting £1 in a year or two time. At a £1 it’s still only £160m MCap. Cheap as chips.
3billion tonnes of graphite, 21 year mining licence, very high quality graphite, and positioned right at the start of an emerging market for EVs / batteries.
This is one of those moments.
A price target of 27p represents a more than 4 times uplift from the current share price of 4.45p. The market valuation still seems anchored in the past prior to the Company revealing a JORC resource statement and outlining its very strong economic case for a graphite mine in the PEA announcement at the end of September.
We believe a significant market re-rating awaits Blencowe Resources, as investors begin to appreciate the size and scale of the low-cost project being developed and its importance in feeding the EV market with essential battery grade graphite. For these reasons and those outlined above, we recommend the shares as a ‘Buy’ and suggest investors position themselves in the stock.
https://blencoweresourcesplc.com/wp-content/uploads/2021/12/FEQ_Blencowe_Resources_Buy_Note_15_Dec_2021.03.pdf
What’s more interesting is these rapid fire small buys all with the same time stamp. Feels like someone’s warming up a trading bot to accumulate. Could be the first step to funds stepping in.
Maybe a seller, maybe a shorter; whichever, someone else is buying from them looking for a decent profit when this flies. If it’s a shorter, good luck, these MMs don’t let people in at these levels. They could get seriously squeezed. If a seller, they will complete soon if not already otherwise they will need to put a TR1 out as they have reached that kind of size trade
Markets waking up to this opportunity.
https://blencoweresourcesplc.com/wp-content/uploads/2021/12/Blencowe-Presentation_November-2021.pdf
With broker targets of 22p-27p for this year plenty of opportunity and value.
Double bagger soon I feel
GLA
Great timing, a real opportunity for those who have been watching closely. Jorc revision early 22 and potential for off take agreements. The fact they are using a US company is promising as they are clearly focusing on the US/euro market.
US produce zero graphite; so come on Mr Musk, time to seal a deal and secure your businesses long term raw materials needs early!