Member Info for Metalhead25

Good update, loads going on. No point obsessing about very precise dates. It’s the natural resources sector, a couple of weeks delay is nothing. The bits of the RNS that matter (particularly the seismic) look great

I agree, and don’t want to argue either. I like your positive outlook and I know it’s hard when you’re being knocked all the time. I’m not having a go, just my own musings on how much we can read into it - please ignore!

I guess. You might be over-interpreting it though. The reference to anti-tumour activity in the quote is a composite reference to the dose escalation and RDE cohorts. The reference to anti-tumour activity in the main body of the RNS is specifically tied to the previously reported dose expansion cohorts.

The significant anti tumour activity is said to have been reported earlier in 2024, isn’t it?

Hard to get too excited about a non-binding indication of interest in hiring a piece of equipment. But I guess it’s progress of a sort

Likely they wanted to get today’s reassuring RNS about the loans out prior to lifting suspension. Hopefully will be lifted tomorrow morning now

Thanks. Yes, I agree the production numbers in the thread are peak numbers and won’t be achieved at the outset. But they may well be incorporated into the DFS for, say, year 3 onwards. This is expected to be an ultra long mine life so in the grand scheme years 3 to (eg) 30 are much more important than years 1-2. Also, there’s a limit to how much numerical complexity one can realistically build into an X thread!

An X thread about the SAFELOOP announcement:

https://x.com/metalhead2525/status/1863128651824283880?s=46&t=Jne_cUYLxmaxpafySDDQ2A

I’ll do LW’s response for him: “I think this is a good company and a good project but it won’t be properly valued by the market until the middle of 2025 and until then you’re better off investing elsewhere.” There you go, you don’t need to say it now. Any comments on the actual thread welcome - positive or negative!

As I keep saying, it’s not the content. I fully acknowledge you’re polite and well spoken. And I don’t think anyone on here is looking for an echo chamber for bulls. New and different views are, or should be, welcome including when negative. It’s just a bit annoying when 30% of the posts are the same person making the same negative point. And I’m afraid it’s difficult not to infer that the motivation for doing it is to depress the price. Otherwise, why waste SO much time doing it? It’s not the occasional negative observation on a non-holding (such as you accuse me of). It’s more like a campaign. Anyway, I don’t think I can explain any more clearly what the issue is. I retract the language in my previous post. Hopefully apart from that I’ve explained my point reasonably politely, just as you have

I wouldn’t say I’ve never done it, but I’ve never trolled a bulletin board with it for months on end. You’re being a d!ck and you know it

8 posts today and 3 of them are Legalwolf talking the company and the share price down. Did you not like my idea of turning off the stuck record for a bit?

Again, it’s not about whether you’re right or wrong. It’s the fact you’re a non-holder with ostensibly no interest in buying shares any time soon, yet you’re here all the time trying to take the shine off any good news and crowing whenever the price fluctuates downwards.

Hard to understand why you would get a chance below 1p with an update like that. Below 2p maybe if you’re quick

Forrest, things can be valuable without being near term cash generative. This places Blencowe as THE graphite company at the heart of the European EV market. The value is enormous IMO. One thing I do agree with you about - I’ve given up trying to predict what will finally shift the SP!

What an astonishing piece of news. Exclusive. Premium pricing. Amazing!

Superb BFS results for HyProMag USA. Note that the funding is to be provided by Cotec so MKA holders get to sit back and enjoy this aspect. Excellent read across also to HyProMag UK and Germany which are close to production

There’s nothing much wrong with your point. I don’t personally agree but it’s a fair enough view to hold. My issue is only with you repeating it over and over and over again, day after day, week after week. There’s no value to that. There’s no way anybody else can be getting anything out of the tenth, fifteenth, twentieth iteration. It’s just an (admittedly quite mild) poisoning of the board.

Allow me to propose a way to test your theory that you’re annoying people because your point is a good one. Try posting it once every 2 months rather than several times per week. Then see whether it still annoys people. If it does, you’re probably right: the bulls here don’t like it because they think it’s a good point. If it doesn’t, it wasn’t a particularly good point; you were just posting it too much.

Legalwolf a couple of days ago: “I’ll leave you to your echo chamber”

Legalwolf today: “Hey hey, I’m back, with two more long posts making the same point I’ve made 30 times before! Did you miss me? See you again in another day or two, when I’ll be back making the same point again!”

As I said, it did answer one question I had. And Mike does regular Sponge interviews which include substantial time at the end for live shareholder questions / free for all

I think you’ve made the point that you’re concerned about future equity funding, Legal. Must have said that 30 or 40 times by now, eh?

I don’t know the genesis of this (presumably various questions by email over time?)

However, I’m very happy to see this:

“PFS indicating a low cost, high margin, long life mining operation delivering a US$482 million NPV over an initial 14 years' life of mine. A DFS is now being completed with the financial matrix expected to improve further”

That answers a question I had, namely: are we expecting to improve on $482m or are we scrambling to preserve as much of it as possible despite a difficult graphite market? It seems the answer is the former, so hopefully we are heading for a DFS NPV solidly above $500m