Member Info for Pauliewonder

Thanks for posting Lincolnshire. I think BRES will soon start to be mentioned in these types of articles, with agreements in place with tier one offtakers. That will help with getting traction and exposure. We could be as close as four weeks away. Stars are definitely aligning. If ever there was a time to buy it’s now.

Completely agree Legal. There is no way BRES will be still here when we get to production. Will be bought out well before then. All we need is an off take agreement and then huge re rate.

Great to see some positivity coming back here. As Mike said yesterday, we are on the cusp. He said 1-4 months for the first off take agreements to be in place. If we can bag a POSCO or one of the biggies, then this will be monumental. We won’t ever see these levels again and double digit sp will be the base. First equity broker note is 73p and we could well get close to that in the next twelve months, that’s a 12+ bagger from these levels. Not many investments will give you that risk reward profile. Happy to keep adding as we move on up and have added three times already this week. Have a great weekend all

Https://x.com/blencoweres/status/1788486110273732754?s=46&t=EvXh7V_bl0KSecPP7wKHJg

#BRES 📸Pictures taken at the pilot plant facility near Yanji, Northern China

Northern 🇨🇳 is the source for the majority of the Chinese #Graphite

🔹Pictures show processed graphite from the 600t Bulk sample, dried, bagged & ready for screening into the different flake sizes

I do agree with your main point ie liquidity of the stock. That’s the real issue here for me. We’ve traded in a range because like you say you can’t buy a significant amount without needing to place separate orders which materially moves the price. That then gets sold into. I have had to build my stake over numerous trades because of liquidity. In my mind, where there is no stock to buy, the price should increase but that just doesn’t seem to happen here

Spread wasn’t that bad, I managed to buy at 5.044p earlier this morning. I think they don’t report the spread well most days but today was definitely wrong.

Was is correct is that virtually all todays trades are buys.

Will be buying some more tomorrow and possibly again at the end of the week. Wonder what my chances of getting in sub 5p will be

I can see this quickly get to those heights once we have an offtake contract in place with a tier one producer and / or we have funding for the full mine (potentially forward selling offtake).

Either way, given the small share float and the appetite to not dilute en mass, this can move quickly up.

A ten bagger from here is 50p or £100m MCAP. Given that NPV is $482m (very conservative, only 2%, low graphite price, no downstream SPG), it’s easy to get at multiples of this figure.

As you say though, if I can see it, others with dealer pockets will be able to see it. We won’t get to mine, but we probably will make a very handsome short term return.

POSCO are just about as big as they come so this is a complete game changer if they can get off take terms. POSCO could probably take everything that BRES can manage, so it’s a big deal.

Not really sure why we aren’t closer to 20p at the moment. We are literally on the cusp. I think one day we will probably bag, maybe on off take terms, may be before. One things for sure though, it won’t be long.

Also wouldn’t be surprised to see someone take us out in the next couple of months. Exciting times. Strong buy

Dear me it’s main market not AIM for starters. Yes a hundred bagger. I’m not saying it’s certain that it will, but it has all the hallmarks of a unicorn. If you look at the projections re: SPG processing, it will dramatically change what is already a very special asset.

Agree. Also, the posts on x seem to indicate that BRES are busy at the moment. Next six months will be very important for BRES. Wouldn’t surprise me at all if BRES gets acquired fairly soon though given how cheap the price is and that it’s being held down here at these levels.

There is a lot of value here yet to be realised (see first equities target price of 73p - which is prior to any downstream in country SPG processing). If they can get the SPG processing sorted, then this goes from a possible ten bagger to a potential hundred bagger.

Picked up 2.5k in daughter’s junior ISA. Come on BRES, tick tock

Also remember First Equity target price of 73p:

https://www.branduk.net/buy-blencowe-resources-bres-with-a-73p-price-target-says-first-equity/

Almost certainly taking with POSCO then:

“ Senior management will visit both China and South Korea over the next few weeks to continue discussions on offtake agreements. Strong interest has been shown to date and Blencowe is confident that this will continue with the ongoing large-scale test work.”

Alan Green

“All of the elements are in place to see a massive re rate of the share price for Blencowe”.

Also makes reference to First Equity’s 73p price target. That’s nearly a 20 bagger from here to get to fair value:

https://youtu.be/Dkoi0GVfmqc?si=eU8qoK7I6DDefFzz

Indeed, and let’s not forget one of the biggest things that BRES has going for it, that the graphite is so close to the surface (and in some cases sticking out of the ground) that the cost of mining the graphite is dirt cheap. This has multiple benefits including reducing the cost of extraction and that very little cost is needed to actually get the graphite out of the ground.

Completely agree with low risk / high reward. Only question is, how long will BRES be able to go without being acquired? I personally don’t think we’ll get into production without being bought out. Exciting times

Agree. Assore could simply fill their boots at 19p and then put in a 40-50p offer and that would effectively be the same price as the previous 33p offers that got rejected (in terms of market cap). Would almost certainly get accepted too I expect

Where did you get his email address?

Excellent find 👏.

Think we are due an update tomorrow.

Just wondering at what point do they need to put the bid to shareholders? A hostile takeover is by its nature, hostile. So if they can get 50% plus then they would be able to take over the company without anyone else being involved. So surely Assore are speaking with other shareholders to see if they can get 50% plus and then the company is theirs. Thoughts?