Member Info for nc10g09

I'm also hoping they decided to get this raise out of the way before delivering some stellar assays and a clear run towards the DFS - exciting few months coming up

Healthy dip, form a higher base ahead of busy news period. Unless you're trading shouldn't really matter either way

Would be a very strange time for Jangada to exit on the cusp of completing the DFS?

Always appreciate your insights on BRES Metal as a fellow long time holder - the number of (non binding) offtakes secured is further confirmation of the world leading quality of Orom Cross graphite

The 9k is just an engagement fee right, would imagine they would be due a decent wedge once financing is actually secured. Taking in shares is another positive as they obviously expect a decent % return on it

Resource size is only one piece of the puzzle, refer you back to Mikes 'holy grail' which includes jurisdiction, CAPEX/OPEX, end product quality and a few others I'm forgetting right now

There's your sub-4 clever

All permits and licenses are in place thankfully so can't see why that would make a difference

Only possible silver lining is that phase 1 financing discussions are already well underway and could potentially be aligned to DFS completion. But I don't like this raise either, this money should have been factored into a previous raise as it must have been on the balance sheet for some time. MRs previous comments about warrants coming back to bite him unfortunately, I'm also wondering if the chairman is now more involved as we reach the sharp end of the needle, I'm not a big fan of him personally

Was meant to be stonking haha

Got a feeling in my bones we get the first batch of stinking assays this week

Perhaps the most consequential RNS to date, opens up new funding and demonstrates the quality of BRES graphite for high quality end products. Great job by MR and the team

My bad was going off the prospectus, forgot about the recent raise

There's about 1m warrants at 4.5p so about 50k, nowhere near enough to put a ceiling on the share price. Next big batch is 25m at 6p. Anything else?

Boring attempt at downramping, BRES has funding interest from DFC, AFC, MSP, potentially UK govt if the offtake lands soon so I think what they have done and will do us sufficient .... What other studies do you want exactly??

Great posts MB, BRES still seems crazy undervalued - hopefully the newsflow stays strong up until DFS completion so we can keep the momentum of the last month or so going

Sorry Jam bit harsh in retrospect, I've certainly misread plenty of stuff in he past

Jam if you are referring to this: https://x.com/BigBiteNow/status/1942524543978942562/photo/1

Then the 13m are at 8p not 0.08p you numpty

Where are you seeing this Jam?

Also confirmed we are fully funded to DFS, by which point I would hope enough warrants are in play to cover forward operational costs while phase 1 funding is sorted. At least any future raises should not be at the bargain bottom prices of the last two