RE: BRES26 Nov 2025 15:49
PP - BRES have already very recently raised, they have the final DFC tranche payment coming in, and have just announced that another £1 million has come in since October from warrants! MR has been waiting for and talking up this re-rate moment for a year now and I can't see him needlessly stopping it by raising cash that is not needed right now.
Therefore, the earliest I can see any raise is Q1 into Q2, if they are not close to financing or, as many are thinking, a sale. But let's see!
It will be a major breakout above 9.5p - as that level has been in place for 5 years.