Member Info for Mavern

Given the information we already have to hand it’s hard to see how the MRE is not already nailed on tbh.

Few risk/reward opportunities like this come along in a generation

We had a few appear back in April when the share price hit a low of 2.7p, since when it’s increased over 50%, always a good sign, expect more

Aside of assay results BRES have stated they are working on numerous potential offtakes one of which in the UK sounds intriguing and could come with potential government funding. Lots to look forward to in the short term

When I saw the Jangada RNS announcement yesterday morning it also occurred to me that maybe they had sold some to put towards their latest acquisition. It may be no coincidence that its completion has coincided with the share price accelerating its upward trajectory. I’ve always maintained that this should go off like a coiled spring once that seller is done, this is significantly undervalued even without the recent China tariff issues coming into play

I couldn’t agree more happyhols and with the bulk of the resource needed being available at surface from the weathered cap it’s more of an open pit than a mine which simplifies things an awful lot in terms of cost, ease of extractability and of course timing. Also whilst the MRE will of course be a significant inflection point I also expect that we will also see some significant buying in the lead up to this event in anticipation of what hopefully will be an outstanding MRE publication

The SP is up 25% in the past month despite the continual background bleed of placing and/or warrants overhang. This for me is quite impressive and suggests an underlying buying appetite aside of this. MM’s do now appear to be accepting larger dummy sells which is hopefully a sign it’s almost done. Once it is this should fly.

Https://www.londonstockexchange.com/news-article/EEE/team-expansion-bulk-met-testing-commences/17136201

Interesting article around China’s increasing interest in African mineral resources, including graphite. With competing US interest for Blencowe’s Orum-Cross asset things could soon get very interesting …

http://discoveryalert.com.au/news/china-investment-malawi-mining-sector-2025/

To be honest I’m surprised we haven’t seen a bit more of this it’s not unusual for those heavily invested elsewhere to run scared of fellow investors jumping ship into the next big thing and speaks volumes that EEE is the target. Just read his posts which appear to be a misrepresentation of almost everything

My other key investment EEE did an OTC listing in the US in March this year and despite their share price appreciating 300% on AIM since then there’s been barely any trades stateside, quite puzzling really.

I see the BRES share price following a similar path shortly (world class asset overlooked by the market) but given that example can’t really see any value in an OTC listing

Just before market close the MM’s were willing to take half a million shares in one hit, not seen that for a while, hopefully the overhang is nearly done

Some very reassuring statements around financing ….

“We have $750,000 payment from the DFC imminent”

“I fully expect I will have more money than I need, some sooner rather than later”

“We are fully funded, I don’t lose any sleep with concerns about financing”

https://zakstraderscafe.com/interview-blencowe-resources/12169/

You’re making a positive sound like a negative Telladome, the upgraded JORC resource was always going to mean the DFS would take longer. This is not a missed deadline, as MR alludes to this is an extended deadline for a vastly expanded resource which should ultimately be to the benefit of all shareholders

Charts and technicals are virtually meaningless in unique scenarios like this, major investors won’t be paying too much attention to that

I’m reposting below my post of 30th June as it still very much applies, perhaps even moreso with some of the unsavoury characters who are now appearing on this chat board:

“As sure as night day follows day a share price re-rate draws in the dross of LSE, purely here to fill the board with negativity and disrupt constructive discussion. Reasons can vary, can be traders looking to get back in lower (good luck with that one), paid posting by potential large investors (probably not that, far too amateurish), or simply a case of investor envy, who knows? Seen it so many times, GGP was a classic example. One thing’s for sure it’s a very bullish sign. I posted two weeks ago that the then 17.5p share price was nowhere near fair value, and neither is 24p! This re-rate has only just commenced”

We appear to have had a persistent background seller for some months now so quite impressive that the SP has risen 30% in recent weeks. With recent increased buying volume hopefully they’re almost done, at which point this should go off like a coiled spring. To still have only a £13M market cap is frankly staggering!

Almost there, still adding

As sure as night day follows day a share price re-rate draws in the dross of LSE, purely here to fill the board with negativity and disrupt constructive discussion. Reasons can vary, can be traders looking to get back in lower (good luck with that one), paid posting by potential large investors (probably not that, far too amateurish), or simply a case of investor envy, who knows? Seen it so many times, GGP was a classic example. One thing’s for sure it’s a very bullish sign. I posted two weeks ago that the then 17.5p share price was nowhere near fair value, and neither is 24p! This re-rate has only just commenced

I see this playing out like my other core holding Empire Metals, the market cannot disbelieve indefinitely. As the evidence gathers an inflection point is eventually reached. With an £11 million market cap for what an independent market analyst has described as “potentially 2 billion tons of graphite” you can see why Mike Ralston recently described the SP/valuation as “frankly ludicrous”

As I posted at the weekend this needs no new news to continue it’s upward trajectory, the disconnect between the share price and the reality of the asset, together with ease of processing, is still huge and the re-rate will, in my opinion, continue to play out in the coming days, weeks, months