Member Info for mercedesman

Imagine being that guy that sold 7m at 0.68 - ouch

Imagine not realising your error and not getting back in at 0.8 - oof

Imagine then watching it hit 0.9 by the weekend and still hesitating - eek

Image seeing it go to 1.3p the following week on Deal news - damn

Image watching it head towards 2p as new drilling comes out, and missing 150% upside, all because you thought you could sell at 0.68 and buy back at 0.6 - Blimey!

Investors Hold , this is the way

Nope, im only thinking about the summer of drilling right now

2606m Lith results should come in the next few weeks

Any future drilling should be much faster now we have local analysis. I’d guess at between 1-2 months from extraction (Previous cores were shipped to australia which took ages)

Cannacord say fair value is 1.3p

Think so, it defo started with a B and was currently 4mt Jorc

also worth noting we had a breather at 0,5, and 0.6, and now 0.8, often psychological sell points, as soon as its cleared we'll move on.

1-1.3p will be fair value after news, then we get to see what the drill results hold.

Dont forget Bernard slipped up and said that one of the Lithium sites (i forget the name) had trebled in size from 4mt to 12mt. if other sites are similar, we could add 50%-100%+ to the 21mt current total.

Now is not the time to be messing around trading trying to bag an additional 5%

Bernards smile

Very wide spread 0.82-0.86

Makes me think there's an order being worked

Some great research being posted on Fatou and Nielle Gold prospects on twitter by various posters. I didnt know Fatou drilling had unearthed 4m at over 200g/t

The drilling campaign for these and the expansion plans at Bougouni should add significant value in the short term (this year) anyone suggesting otherwise (sash) is either deramping or under researched imo.

Roll on Monday

Thanks

Ye found that euclid55, do you know if there is any current debt/loans active.

Also any issues in Uganda nearby?

Two late trades totalling £117k reported (lol at the coincidence)

No wonder they were offering top dollar for huge amounts at the end.

Probably news next week, and some TR-1’s to boot.

1p-1.5p sounds about right, drilling news due any day now too.

Have a great weekend all.

Does BRES have any debt, or loans outstanding?

Dont worry, just found all answers.
See you soon ; ) ; )

Im reading the roadmap laid out in the July 2022 announcement and it states that in H1 23’ the initial processing plant would be constructed and operational.

Questions…
-Has this happened?
-whats the set up cost?
-How was it/is it being funded?

I think its more than likely, they just gobbled up that other company that they had a 51% stake in from 2018.

When is the question? And will Bernard want to. If the Lithium drilling comes up trumps we could be in a fairytale position where we shoot to 2-3p and then get taken out for 4-5p

I’d take that all day long. But i dont think Bernard would even entertain offers until he’s spent a wad of that drilling budget and added significant value.

MM's just offered me £100k sell at 0.78 and would fill straight away, this is going up Monday!

Spread tightening, gap up to 0.85 coming

1p close? Hahaha

Yes painless haha, i had to scramble to hide my monitor yesterday as i made a stupid bet with my wife that if KOD hit 0.65 before June i’d buy her a Ford Ranger! Never thought it would that fast ffs, now i have to hide the evidence lmao