Member Info for Goodbody

Correction, investment firm dropping £1 trades at the ASK!

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.

Will be a very interesting few months once JORC and met tests completed.

If they drop news of a potential offtake partner, this flies. No stopping it then.

GLA

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.

Great results, exceptional project of the highest quality

Fantastic work.

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

For the buyer it was a great opportunity. For the seller…..

Nice article. Feels like proactive have upped the promotion of Blencowe, a rightly too given the fantastic opportunity it presents.

Some paying over the ask to get a small chunk of it I see.

MMs won’t be bothered by that now. The big deals done.
Hopeful a shorter trying to regain control that they never had in the first place.

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!

Massive potential here with more than 2Bln tonnes of graphite and 21 year permit. High grade / high recovery rates puts this at the high end of sales prices. A very competitive product for sure.

Placing over bought, brokers now sending out re-rating to 27p. MMs letting huge buys through, probably at the expense of pi’s who were confused by the price move down. Clearly they have buyers (placing over bought!) and they just needed some supply, so they shook the tree.

Gave me an opportunity to buy at a massive discount, so all good to me.

GLA

https://www.tbsnews.net/worldbiz/china/china-ev-battery-makers-grapple-graphite-squeeze-344308

Spending billions, and pi’s wonder how we will raise $50m! Off take agreements will come.

https://www.cnbc.com/2021/10/19/automakers-are-spending-billions-to-produce-battery-cells-for-evs-in-the-us.html

Pentagon adds graphite to stockpile list
Points to importance of developing Graphite Creek in Alaska

And to note: graphite one (graphite creek project) are talking 100m tonnes; we have 2-3 billion tonnes.
They are looking at 95% TGC we have 97-98%TGC.

We have more, higher quality product in the ground than this key US project… wake up everyone lol.
Blencowe are sitting on something very special.

https://www.miningnewsnorth.com/story/2021/10/08/news/pentagon-adds-graphite-to-stockpile-list/7017.html