Member Info for nc10g09

Article says mass producing by 2027/8, we should have had at least 2/3 years of graphite deficit by that point, plus lithium ion batteries are not going anywhere soon given the massive amount of investment and infrastructure going in - I see solid state as a viable long-term solution but not something that will materially impact BRES given where we are in the development process (production planned for 2025)

That was a great listen, very interested to see who comes in on the funding side, if its partners of a similar calibre to the DFC then we will be in an extremely strong position going forward. BRES remains my single biggest holding and I'm thinking about expanding my position further. In the 2 years or so I've been holding the only decision I didn't like was the little venture into nickel but even that was binned off pretty quickly, otherwise Mike has done a superb job and with barely any dilution along the way

Agree Mike is reliable and honest, top drawer CEO. I liked his comment about institutional investors, would be great to get some on board alongside the DFC

First post here captures the situation perfectly, everything here is lining up so well for BRES. Full trust in Mike to capture the value on offer

I'd be surprised with chinese offtakers tbh, this seems primed for a full US supply chain provider

Nice 500,000 buy showing up late

Plus a mining license already in place, I don't see a feasible way (except a civil war or something similar) that we don't get to production or are bought out post-DFS

It was flagged on here when first considered in March, obviously pretty disgusting from the government but there is 0% chance this wasn't considered in the DFC due diligence process given how thorough it was, so I'm not worried in the context of BRES

Anyone who has done their research should have extremely little concern about a funding gap - plenty of warrants at 7/8p, sticky group of capital partners who have put in plenty of cash at a non-premium in the past when BRES was nowhere near as advanced as it is now, ongoing offtake and partnership discussions, etc etc. The SPG testing confirms the high quality of the product and the DFC are the lead mandated partner to provide a full funding solution for production at 60-70m - 5m to complete the DFS is a small drop in the ocean and will be a minor footnote in the future for any serious investors who aren't here for a quick trade

Thanks for sharing, very interesting

Anything to share on the SPG testing results from correspondence with Mike?

Given the industry rush would be fantastic timing if we get the SPG testing results confirmed over the coming days

SPG results (confirming battery grade product) are coming soon, once confirmed would expect some offtake agreements to be finalised considering the high interest from various parties , latest interviews/RNS show Mike working with DFC on full funding package after decision to mine - there's 2 maybe 3 potential pieces of big news which should arrive long before DFS completion (which I am also hoping, maybe naively, to arrive closer to the middle of 2024 rather than the end)

Graphite stocks have been smashed on the asx recently, I think the positive DFC news is being somewhat counterbalanced by the rubbish macro conditions for graphite atm

All the ducks are lining up nicely

Legalwolf, what else were they supposed to do re: the DFC?? The ball was in DFC's court and everyone had to wait for them to sign it off, which is now done. Appreciate the SP drop was frustrating but BRES had nothing to share so I don't see how they handled it poorly

Mike has done an outstanding job in horrendous market conditions

Don't leave us hanging!

Some chunky trades going through but clearly this is all dependent on funding, until then we are seemingly just going to float around in the 4-6p zone. However if DFC gets confirmed or even superceded by a Chinese offer then I expect we go north of 10p quite quickly

Hopefully the next RNS is a big funding blockbuster, happy to be patient