Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
It is a bit of tumbleweed situation here at the moment.
Last financials update was in February (half year), so we aren’t too far off the final results. Looking at last year it should be within the next 2 months. It’ll be interesting to see the progress that has been made!
Steve Shore -
I would like to announce that Stuart Shelton is the new foundry manager at RDC, Stuart has a wealth of experience in the foundry industry, highly technical but also with commercial nous which will prove massively beneficial for everyone concerned, he now takes full control of all operations.
We have a very good understanding and relationship that will cover all bases, this is another very large stride in my business plan to get quality people into key positions.
Watch this space!
TB is way too shrewd to touch this again. His next play is CMH
Just had this Primary Bid offer through. Perhaps some funds could be flowing into CMH -
“The Investment Company plc (the Company) is a London-listed closed-ended investment company incorporated in 1868. The Company is raising capital to invest in UK Small and Mid-Cap public companies. In connection with the fundraise, the Company intends to appoint Chelverton Asset Management Limited (Chelverton) as its new investment manager, subject to shareholder approval. If appointed, Chelverton will provide portfolio advice and manage the Company’s portfolio on a day-to-day basis with the objective of achieving long-term capital growth for the Company.
The MI Chelverton UK Equity Growth Fund has a similar investment policy to the Company’s proposed new investment strategy. MI Chelverton UK Equity Growth Fund looks to achieve long-term capital growth by investing in a portfolio of UK Small and Mid-cap companies listed on the Main Market and traded on AIM.
The Directors intend to use the net proceeds of the fundraise to acquire investments in accordance with the Company’s proposed new investment strategy. It is expected that the net proceeds will be substantially invested within one month of the Admission date (26 July 2023).
TB moved onto his new project, CMH, a long time ago. As far as he is concerned, NNN is firmly in the rear view mirror