Member Info for PaulFG

@Y33Ter I think that just about sums up a lot of thinking.

Senior Directors exercised options at 6p, doesn't support your analysis.

I can only assume to complete the DFS on time they've encountered additional costs.

Disappointed though.

Wonder if we'll touch 4p today, not helped by Friday trading patterns.

Worth bearing in mind that the US have shown the way forward here - base REE price granted to MP Materials - other western governments will HAVE to follow that lead otherwise everything not tied up with China will flow to the USA.

So I see the current price of REEs as only a temporary thing.

All this work they're doing will add significant economics to the project once they come to feasibility studies, I don't think they're going to move the share price significantly now - we almost seem to be working backwards to the normal progression, but the people in-the-know will appreciate these analyses more than general retail, imo.

I think once they quantify an MRE/JORC this should add an exponential rerate to the SP - sorry for being sooo-dramatic. But being in now, even after the current SP rerate represents a very cheap level if it works out as the COBR team clearly think it will.

...and I'm not even thinking about the potential at Manna Hill.

Great news. I seriously think that a Japanese buyer could emerge if RIO shows any hesitancy to move forward with the project. We already have good relations with Japan's Toho Titanium.

Assuming JAN have been selling all the way up, using avg pricing they can probably afford to push this even lower - I mean they were happy enough to sell at 4p, right?

That happens, I'll gladly take another chunk off their hands.

@merchant I totally agree I wouldn't want to see them actively courting market interest until Phase 1 has been sorted - not necessarily actually producing but at least the finance done, the offtakes signed, and construction started.

It all depends on reaction to assays continued through to DFS - I wouldn't expect a huge premium on the share price thereafter - unless there's a bidding war/auction.

Guesstimate right now we'd be looking at 14p. I know you'll all be jumping up 'n down in righteous indignation, and that's not me saying that's all the project is worth.

But face facts, we're not proving up the whole tenement and you can't expect buyers to extrapolate into air 'n fiction.

With a bit of luck, decent market reaction and sentiment to future assays and the DFS hopefully that figure will rise - but it'll be a formula on the share price at that time, bid competition and ability of BRES to negotiate and walk-away if it's not a good deal. Indications are they want to sell and not walk away - this is not the best opening for a negotiation.

We need some new news if we're going to see sustained SP upward momentum. Rehashing what we already know is not enough - but great they have an updated Presentation for all new potential investors looking for a good summary.

Of Course once we start getting the assay results (imminently, shortly, soon) that presentation is out-of-date.

Sept 10th - I had hoped we would have been in receipt of some results this week.

Just goes to show you that even with these staggering volumes how many shares we have to wade through to get any minuscule price movement.

Though I can't help feeling with sign-off, a quick'ish path to production, POG where it is and projected to be, we must be due a decent rerate.

Hadn't realised the MCAP was still sub £10m - ridiculous. Will have to consider topping-up and paying the highest number so far, but still R I D I C U L O U S.

LW, OMI just keeps giving, my biggest regret when it last touched 10p I didn't pile in which i was thinking about but my category of non-jorc-defined stocks were already full. I agree there will be some profit taking there to book supernormal profits with people looking for other opportunities for similar multiples - not sure Graphite is a natural leap from Gold, SAmerican to Africa, but bound to be ripple effects - if nothing else it gets the sector noticed again after what feels like an eternity in the wilderness.

TUNGF sp up about 300% since July. I suspect it's them.

Interesting find Troajan, not too many US Tungsten assets, wonder who it could be?

"Almonty Industries Inc. is considering buying a US tungsten asset in a bid to join America’s push to reduce its reliance on China for a niche metal that’s crucial to weapons manufacturing."

As we're now Shareholders in BGD here's a just realised interview

https://youtu.be/NWzt-kzRDU4?si=47Mc44Dn6u78k84G

Excellent end to the day, happy with that - let's see some follow-through tomorrow and during the week. Conscious that traditionally Sept it=s the worst month for the market.

Also good news that Graphite is exempt from Trump tariffs.

US investors already have access through OTC, there's also a minimum number requirement of US investors before a senior listing is permitted, as I've detailed previously, BUT yes this should permit e a s i e r access for US investors.

Need to see this trade, convincingly, through 5p and for the bid to settle above that tonight.

Good to have it confirmed in this format - OF already told us this was the GMET's intention. So what does this tell us and not tell us?

> They've appointed an adviser

> There's going to be yet more dilution - it hasn't really hurt is in the past so don't expect that to be a huge negative although we don't know how many shares...

> Obviously we don't know the price

> We still don't know which exchange (NYSE vs NASDAQ) I expect the advisers will advise.

> H1 2026 - but towards the front vs back-end?

> I'd expect this to provide support to the SP running up to H1 2026