Member Info for LithBoy

Just fabulous to see those long tubes of pure graphite, that is in demand, set to grow in demand and Blencowe looks very likely to be able to fill that demand in a low cost, profitable way with potentially huge quantities of he shinny stuff! As far as exploration shares go, this one is without a doubt very compelling and still at the micro-cap level!

Take a look at this too https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/

BHL is a tricky one, definitely my wildcard share but they do own land with Lithuim in and that's not a bad thing right now given US policy direction at the moment!

The article seems to be implying that the offtake agreements can be MOU foe the DFS where as from what I've understood from the graphite industry and reading this board they need to be binding pre DFS. Can someone clarify. Thanks

Cheers, I'd rather £500 million though!

Just a thought but are Hainan Mining MC 1.6bn or Fosun MC 4.3bn actually big enough to buy out 49% of a 50MT lithium mine? Or has Bernie choosen someone big enough to fund us but not quite big enough to buy us? Appreciate thoughts on this as it is above my paygrade to answer such a question.

Or just a combination of all three. The fundermentals though, as far as I can see, remain the same: we are heading to production at Li via EVs and renewables continues to be in demand.

P. S. I'M referring to last week's RNS. There is none this week and BA rarely does one quickly followed by another. Just sit tight and chill while our DMS (in bits) makes it's way to site!

Q: Why is this dropping?

A1: AIM being AIM and we just had an RNS so traders can sell out to help get their 10% in a news lull for the next week or so.

A2: Tree Shake by MMs to unnerve inexperienced investors to sell.

Solution: Hold based on KODs fundermentals and if you are not confident in them then you need to ask yourself why you are invested at all.

Personally I'm holding given my average is 0.26p and I've been in here for over 3 years.

We are probably about right value wise at the moment. Exploration shares usual start making an upwards move if the company looks like it will move to junior miner. BHL has no solid indication of that yet so I think we'll langish around where we are for a while longer.

If San Domingo comes up trumps with a good size resource that can be processed via a DMS plant which is relatively cheap and quick to do then we could be in business. First step is resource size, then pre feasibility study, off take agreements, mining and environmental licences, definite feasibility study, financing, construction then production. The SP will jump on these milestones, some by a bit some a lot, some will hold others won't short term but will jump again on the next one. BHL has a chance, Ian said in an interview a DMS at San Domingo was the most likely way to go. So, let's see. I'm happy to hold 5 years and find out. Good luck all!!!

I think above all else BHL needs a fresh CEO with experience in the Lithium sector to move this company forward now. Ian eluded to thus too in one of his interviews. Hopefully the Basin resource upgrade will mean we surpass 3MT and the royalty payment will come along with an experienced CEO to take BHL forward. Fitzroy wasn't the most experienced and I've always thought this was at the root of his departure, making for someone who can move us forward to production one way or another.

IS has also mention a DMS option for quick and relatively low capital cost wat to get to production at San Domingo. However, I can't see this happening by even late 2025. First they need a resource update, then a Definite Feasibility Study, licence including environmental, financing, then construction. 2026 at a push sounds more realistic if not 2027. 2025 production just isn't, unless there is a miracle I.e. Tesla or the like back BHL to the hilt, it won't happen. I still think BHL has potential just not in the short term! Thoughts?

Thanks Computer909, hopefully the DFS will include the whole business case for the life of the mine and then it is a case of financing one, then developing the second phase off of the income. The SPG processing plant looks a very interesting option. I did listen to the last two interviews with Mike and it makes a lot of sense. I'll listen to a few others as to string the whole picture together, cheers and good luck!

Can anyone shed any light on the question: "Will phase 2 of the mine, which will ramp the project to full production, be included in the coming Definite Feasibility Study or will it be just the first phase in there and phase 2 will be dealt with in an additional DFS?" Thanks, I'm just interested to know as I'm planning on being a long term holder here but can already see the potential of Orom-Cross.

Thanks everyone for your posts, all very helpful and I feel more up to speed now with where BRES is at. The market cap is tiny given the potential and I'm averaging 5.22p a share at the mo, not too worried at anything around the 5p mark so will be topping with some of tomorrow's pay day. Just to add my views, I really like that this not AIM, makes a change for an explorer and that the DFC are involved. I can see a pathway to finance then construction. A great opportunity I feel. Even a take out should still be at a far higher price than 5p so all in all a good looking risk!

Oh OK, I got that from their website https://blencoweresourcesplc.com/orom-cross-project/ "DFS... target completion 2023" So, this is not the case then?

I'm looking to top up but wondered if the DFS is going to be delayed by a month or so which may cause a drop in the SP and a better buying opportunity. On the other hand if the DFS does drop before the year is out I'd rather buy this coming week. So, I'm curious to know valid people's opinions on this. I've been around a while in exploration/junior mining shares so I'm very aware of rampers/derampers, so credible opinions only thanks.

I find that generalisation of autistic people and those with adhd quiet offensive to be honest. I work with teenagers with autism and I can tell you with no hesitation of doubt that they are all different, and to say they don't have empathy is a disappointing comment. Some struggle with empathy, others are full of it. They have their moments like the rest of us. So I would politely ask if you could refrain from referencing people with autism/adhd in a negative sense as to be honest it reflects quite badly on yourself. But this is not a weapon now to be used against Clueless, just please everyone refrain from inaccurate stereotypes. Thanks

I find that generalisation of autistic people and those with adhd quiet offensive to be honest. I work with teenagers with autism and I can tell you with no hesitation of doubt that they are all different, and to say they don't have empathy is a disappointing comment. Some struggle with empathy, others are full of it. They have their moments like the rest of us. So I would politely ask if you could refrain from referencing people with autism/adhd in a negative sense as to be honest it reflects quite badly on yourself. But this is not a weapon now to be used against Clueless, just please everyone refrain from inaccurate stereotypes. Thanks

I haven't commented in ages, but have been keeping a close eye on everything. All I can say is I definitely would not want to be out of this over the weekend or coming few weeks. The next RNS is most, most, most likely to be the finance confirmation! Good luck to all long term investors who've been through all the coups and survived to this point; great patience and sticky hands!

Actually, the cost of transportation will have a bearing on any off-take agreements, so will affect the profitability of a mining company as what they sell to the user and at what agreed price is key.