Member Info for nc10g09

All drilling is done, still 2 deep hole assays to come from beehive plus the rest

3 months is long wait is it you numpty

My understanding was financing comes before binding offtakes? At least with P1 it should be a relatively straightforward process to update the non-binding as all production is already covered with those

I would hate to see them do that - for those around long enough they might remember a short lived involvement with a nickel project in Uganda a few years ago. Orom Cross is outstanding, I want full focus on developing it with no distractions

Yeah in general I dont like these peacemeal raises and was working on the assumption that warrant money would see us through the financing period. Obviously been walked down to this price. Bummer for those who bought on DFS delivery but it really should head back in that direction quickly on anticipation of funding

BRES is on the cusp of US funding government funding on the back of an outstanding DFS. JAN is a dog. Pretty simple

Bigkahuna - see this from 13 november RNS "The Company is now approaching completion of its Definitive Feasibility Study ("DFS"), which will deliver a finance-ready operating plan for Orom-Cross and incorporate downstream graphite purification to enhance project value. In parallel, Blencowe has been advancing financing discussions with potential strategic and institutional partners, supported by its financial advisor WaterBorne Capital, to position the project for financing immediately following completion of the study"

Waterborne have been in place for a while already... And let's be honest the CAPEX for both phases is small fry for the DFC. What an Xmas present that would be!

Happy to be proven wrong but I haven't heard a single mention of another drilling campaign in 2026 - good to hear others inputs on this. Regardless, I see 0% chance of a cheap raise to fund this when Mike has repeatedly alluded that what we have is more than sufficient

Drilling is done, just needs to be assayed. Surprised you didn't know that if you've been invested for 4 years already

What are you waffling on about

It's currently trading around 4/5% of NPV, its been ridiculously undervalued for ages and even more so with the DFS now in hand

The JORC is not the transformational piece, anyone with half a brain cell realizes he's talking about the DFS. Not long to find out now

Mike's confirmed it's all coming in this DFS

LW I'm pretty sure the 8p ones expired a week or two ago

GROC are mles behind, they don't even have a PFS and their OPEX/CAPEX costs will be out of this world

Merchant - so basically if we use a realistic weighted average basket price they have a MC of 144m with a 1 billion NPV (which I very much expect BRES to hit), so 5ishx the current BRES MC with a CAPEX leagues above what we will have. I'm convinced BRES is the best pre-production graphite project in the world and is timing its run to perfection with the geopolitical tailwinds playing out as they are

Mike said in an interview the deeper (100m holes) were purely exploratory and to show interested stakeholders that the deposit continues at depth but won't go into JORC. I assume all other holes will be integrated

I agree it's getting tight but the DFS is 95% done by all accounts so just need to integrate the drill data and it should be good to go. The deeper holes aren't going into the JORC upgrade either which saves time

Nice to finally see the SP moving in the right direction after holding for 3.5 years. Unfortunately that comes with ramping dheads at the same time who would sell their own grandma for a quick buck

Tellodome I'd be happy to hear about similar stocks at 15m MC which have financing interest from the US (DFC first refusal), Africa (AFC LOI for debt and equity), EU (Safeloop offtaker) and 14 of the worlds biggest economies via the MSP