The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Lse not showing trades, look on london stock exchange a few trades but overall slightly up. It is just the local district council though with what 20 members? It will be easy to get them on our side so why would one sell!
Excellent update, 600 tons ready for export and the main point support from national government. Be nice to get district council on our side but ultimately its the national government that counts!
I thought the same, an official from the Central government went with bres to China didn't they. Although the locals have just got confused, once they know the truth they will be on board too as they will benefit loads from this. Be nice to get the locals on board although yes full support from central government so this is going ahead.
I watched the full district council discussion on bres. They have seen what they think is large scale mining, it is the preparation of the 600 ton of test sample. They keep saying its fine for bres to be testing, they think testing is just a few kilograms, it's just a confusion. Bres and the national government must talk to the locals to put them straight. They talk about what environmental impact there could be, obviously all of this is addressed in the dfs. Uganda needs this project, it will go ahead whatever but be nicer to get the locals on outside too, they will be in time once this silly confusion is sorted.
Rns out, not showing on this site! They are certainly working fast, especially getting that 600 ton sample prepared. Well done bres.
So IF we get through dfs after new drilling campaign so npv goes to $1,000 million and we give away equity based at project level ie npv then let's say we need $150 m let's give dfc company 30% of company and not 15% then that's amazing, we get cash, build the mine and away. The numbers are just vast! And don't forget this based on some fraction of bres.
Amazing we have dfc on board, look over at rbw (used to have rbw not now unfortunately) dfc funding their project and look how they doing it based much more on their dfs and not share price. If we get through this dfs then we are certainly going to the moon, oh I love the Americans.
Couldn't resist adding neo to my uranium portfolio. With this current uranium bull market the sky is certainly no limit for small developers and explorers of uranium. I am very excited by the year ahead with neo and my other uranium stocks.
Loads of stories on graphite news today from various sites, it's certainly heating up on the graphite front.
https://m.miningweekly.com/article/ecograf-on-its-way-to-securing-105m-for-tanzania-graphite-project-2023-11-29
https://www.defense.gov/News/Releases/Release/Article/3600429/dod-enters-agreement-to-expand-domestic-graphite-supply-chain/
https://www.washingtonpost.com/world/2023/11/29/china-critical-minerals-graphite-trade-united-states/
All very exciting
Great to have so much support from the uganda government. Great find, thanks.
Excellent entry price now because of that steep discount button least the should have all the monies to start production.
Some good market info, woow look at the expected figures for syrah's production, crickey bres current predicted production figures for 2026/27 could overtake them!!! Woow if bres can do what they say they can then OMG. https://investornews.com/critical-minerals-rare-earths/can-the-western-graphite-and-anode-industry-rise-to-meet-chinas-challenge/
Differential between China and non China produced graphite starting already. https://www.mining.com/web/western-lithium-graphite-miners-boost-prices-for-esg-friendly-supply/
Interesting https://www.koreatimes.co.kr/www/tech/2023/11/419_363351.html
Obviously new design/new materials will always be a potential problem BUT there is always problems with ñew technology especially solid-state batteries that doesn't use graphite. I have seen the timelines ofsome of these companies developing these batteries and they keep putting key targets back, they say oh we have made a breakthrough ummm not convinced, a bit like fusion it's always 30 to 50 years away! Don't forget even when they have a prototype you still new a commercial model and trying to get industry to adapt a new technology is a nightmare ( I am a physicist and worked on the electrochemistry of solid oxide fuel cells in the nuclear industry many years ago). I have no fear that solid-state batteries will decrease the world desire for graphite in batteries.
How many posts? I saw 33 and thought I was seeing double. Nice bres increase today, be nicer north of 20p for a start though!
Obviously ya, I am just saying look at relative price per t then refer to bres estimated prices and you can double that for super premium! Crickey going by those actual prices in 2022 is just wooooooow.
Super premium grade anode graphite, look at this article from 2022 look at the price for super premium OMG I am going to wet myself if we can get that much per t. https://www.marketindex.com.au/news/graphite-from-evolution-energy-minerals-produces-super-premium-class-of
I am now getting very excited for bres now we have a deramper on board, bres starting to get noticed. Bres doesn't have to fund dollar for dollar at each stage, ie we could receive $3 million (or maybe $5 million) from dfc before we put a dollar of our own. But if they do a placing they will probably be small ones in stages at approx market price just like the previous one, don't need discounts with bres. Enjoy the ride aimtodeath (neat name).
99.99% purity, excellent cycling properties and excellent current densities, I have never seen a better rns for one of my shares in 20 years, amazing news. Well done bres and management, in a normal market this would now more than double in a day (easily!), whatever I will not sell for along time.