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Blencowe Resources Plc has announced a significant upgrade to its Orom-Cross Graphite Project's JORC Ore Reserves and Mineral Resources, with total Ore Reserves now standing at 23.08 Mt at 5.18% TGC, a 47% increase, and total Mineral Resources at 26.10 Mt at 5.58% TGC, a 7% increase. This update, incorporating infill drilling results, is a key input for the upcoming Definitive Feasibility Study and positions the project favorably amidst growing global demand for non-China graphite supply, with further expansion potential identified from additional drilling.

Should see DFS by Friday / Monday.

The share price will rally over the next 5-6 sessions

DFS end of next week / following Monday.

The share price rise will start between JORC and DFS

Good luck all.

All ready stated by CEO that he wants DFS in his hand for 1st December, expect jorc in next few sessions and DFS last couple of days of November

Enjoy your 2-3 times multibag in the next 3 - 4 weeks

18-25p is a very conservative price imo. The upcoming DFS is likely to blow the doors off of the current market cap

Hence the delayed trades. The real fireworks will start last week of November so best to take your position now and sit back and wait.

But there will be very soon. You can’t give the shares away today but next week people will be regretting not buying in the 6’s

Exciting month. It’s going to go mental over the next 20 sessions. At some point this week 8p will be attacked. I think the market is just waiting for 7p to break. 8p warrants have now expired as well.

Because they have no money. If they had money, they wouldn’t do A raise. Now runway is clear.

Once 7.8p is cleared its blue skys. I predicted this would be cleared by next Friday so bang on target. 5 more sessions to go.

Also only 25 sessions until DFS lands so expecting some serious traction here any moment.

With DFS fast approaching and final assay results this week and JORC upgrade just round the corner, 18-25p is definitely on the card this side of Xmas.

Regarding take over. We will get taken out 30p plus in the new year.

Bye bye 7p - more assays this week, followed by JORC and then DFS - it’s game time.

And should push over 50p today.

I strongly expect an offtake to be announced with DFS late November as well

10p within next 2 weeks as assay rns’s land. 12-14p when JORC lands. Last week of November this runs to 18-25p On anticipation of DFS.

Save this post and thank me later.

The higher it goes. This can only be a massive buy signal for every single investor.

You know Cgnr will never mine a single oz of gold right? Ever.

5.5p will be the new low now and share price will build from today.

It’s 18p plus. Dont worry about all the bits inbetween

Based on the latest updates from Blencowe Resources (#BRES), the near-term news flow for the Orom-Cross graphite project in Uganda is indeed shaping up around additional assay results from the recently completed Stage 7 drilling program, followed by a JORC resource upgrade, and culminating in the Definitive Feasibility Study (DFS) delivery.

### Quick Recap of Recent Momentum

- The company just announced confirmation of high-grade graphite extensions at both the Camp Lode and Northern Syncline areas on September 25, 2025. These results build on the Stage 7 drilling (completed in July), which targeted resource expansion and de-risking.

- All ongoing data from this program is being integrated directly into the JORC upgrade and DFS.

### Upcoming Catalysts in Sequence

1. More Assays/Drilling Results: Expect additional batches of assay results in the coming weeks. The full Stage 7 dataset (over 6,000m drilled) is still being processed, with these extensions already validating deeper and wider mineralization. This should provide further upside to resource tonnage and grade, acting as the immediate next trigger.

2. JORC Resource Upgrade: Once all assays are compiled (likely Q4 2025, post-drilling results), the company plans a material upgrade to the JORC-compliant resource estimate. This is expected to boost contained graphite tonnes significantly, supporting a larger-scale mine plan and enhancing project economics ahead of the DFS.

3. DFS Completion: Targeted for Q4 2025 (potentially as early as October/November). Major DFS workstreams—like infrastructure, metallurgy, and environmental studies—are already wrapped up, leaving mainly integration of the drilling data. This will unlock post-tax NPV estimates (building on the prior PFS's US$482M figure) and pave the way for project financing and potential offtake deals in early 2026.

This pipeline positions #BRES for a strong rerating as the graphite market heats up for EV demand. The recent £1.12M raise in September fully funds through DFS and into financing talks. Keep an eye on RNS announcements for the next assay drop—could be any day now. DYOR, as always.