Member Info for markomorow

Having an average price of 3.48p on my 1m+ holding feels like a very good place to be right now.

Has Tellodome been on recently?

I think that MR has been quite honest that the market hasn't woken up yet to two key points, the requirement for the next decade in Graphite and the potential huge uplift in demand. Secondly, the fact that whilst there may be many Graphite projects, most of them will never get to production due to not having all the key fundamentals in place.

BRES does and that I am quite sure with the DFS in his hand on December 2nd in London, will be his trump card as he "Markets the hell out of it!"

This part stands out

"Western buyers now pay 15-30% premiums for non-China supply under long-term contracts with floor prices, establishing a bifurcated market as $5B investment funds target African and emerging market projects."

Can you explain why?

I suggest you look again!

It literally says "which remains on track for completion before year-end."

I see on the Group Chat Sasha says its still the aim to have it in time for the conference, which should create a huge interest.

"By Year end"

I thought Mike was determined to have this ready for the conference in London on Dec 1st?

Spot on, it should be the catalyst for BRES to finally take off and hit the SP we all believe it should be.

Lith you could well be right, but I think a conservative approach is probably the best approach at this time, when we still sit just below 7p.

Best case it could hit 35-40p, but does require market sentiment to go our way.

Hopefully cement 7p+ this week

Its always felt that Mike has had a good idea how this would play out.

You are correct, but you have to create the illusion and play the game.

We all know its going to be sold and its just a matter of time, he's going to market the hell out of this at the Mining Conference at the start of December, best scenario is we get a couple of the big players interested.

I am sure we will break out of this cycle eventually though!

There could be some pushback at 9p as well, but beyond that the road looks clear.

Dunno, look like buys not sells

All good!

Looks like it doesn't it.

Strong close today, hopefully break 7p and stay there tomorrow/Friday.

I would love to be proved wrong, but 60p sounds a bit on the lumpy side in my opinion.

It will 100% be sold at some point next year, If a suitable buyer/price is agreed upon.