Member Info for Mavern

That would be playing right into China’s hands one thing Trump does not like doing. DFS funding is to ensure US offtake, if they don’t want it the Chinese and Koreans surely will. As MR stated the EV market is booming in the East, especially in China

Https://x.com/blencoweres/status/1879097092263624809?s=48&t=x4e-Puj9grCLCT8f0qivxA

At 4.025 to sell and 4.085 to buy the spread is currently 1.5%, as low as I can recall in recent months

It is pushing on we are up 15% in the past week and lots of potential positive news pending

There are plenty of lesser quality mining exploration small caps out there which don’t yet even have DFS let alone cashflow which have market caps higher than £50M. Thats the beauty of small cap investing it’s all about assessing the current valuation then looking at the asset potential, leadership credentials (which is of course key) then taking that risk. If you want cashflow or production certainty best stick to the FTSE 100 or 250 where you might get lucky and make 10-20% in a year. This however has potential far far beyond that

As I mentioned previously, post DFS the £10M market cap should be £50M+ many multiples of where we are today. The NPV should be considerably north of the current £0.5 billion even prior to this with the current additional drilling. Incredible to think these figures are only based on 2.5% of the overall asset. This should be one of the star small cap performers of 2025

RNS just out:

https://www.londonstockexchange.com/news-article/BRES/commencement-of-drilling/16844211

Just out this morning, great interview as always …

https://www.youtube.com/watch?v=u6rjHPxEPYQ

As we grow over closer to the big news we’ve all been waiting for technicals will become an irrelevance

Appreciate the info Rob MM appetite for shares is a great indication of underlying SP strength. Just be careful not to accidentally push “execute trade” though!

Preceding

That’s three new negative Nellie’s arrived in the last few days, seems we are finally coming out from under the radar. Seen this many times before on other hidden gems, often proceeding a nice rise

Clearly not even listened to the presentation most investors know the DFS went back to allow inclusion of the SPG facility which is a game changer. Also clear statement that we are fully funded up to DFS

Post DFS the £10M market cap should be £50M+ many multiples of where we are today. The NPV should be considerably north of the current £0.5 billion even prior to this with the current additional drilling. Incredible to think these figures are only based on 2.5% of the overall asset

Great interview which lays to rest some ‘concerns’ which one or two who may have around funding. Encouraging to see the focus is on non-dilutive funding and there appears to be a number of options potentially available which is quite something in the current market. Just goes to show how special (to use MR’s words) this project really is. Lots to look forward to in the short and medium term too, additional offtake MoU’s etc

Highly unlikely having successfully raised £1.5 million just four weeks ago

Huge endorsement by the BOD especially given they could’ve bought cheaper in the open market. Does anyone know if Directors prohibition of purchasing shares when possession of price sensitive information also applies to exercising of warrants? If it doesn’t that could imply there’s positive news pending

Many thanks Bob

I wasn’t able to get to the webinar last night did anyone watch or heard feedback?

The 750,000 trade was clearly a buy delayed from earlier in the afternoon