Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
No one selling at these lows, but shares are being accumulated steadily after the new tax year. Soon this pops.
A lot of underloved medical stocks are having big rises.
I feel HEMO is next given it's raised a decent amount of cash and the significance of its research.
The future of medicine.
Latest interviews they said they expect all permitting to complete this quarter and break ground Q3.
Offtake news and the Ghana listing updates hopefully any day now.
Maybe Assore telling Niel and the board, look we'll give you 60p for the company and also time to build a position before the improved offer. Hence the flurry of Director buying. ;)
I kid... I think....
Https://twitter.com/bidsalliance
Exposing the crookedness.
🔹️Technical Site Survey due this month
🔹️Rig Contract due any time now
🔹️Conclusion to Farm-Out negotiations any time now
🔹️Further Board appointments any time now
🔹️Environmental and drilling approvals
🔹️Well mobilisation
🔹️Well spud
🔹️Drilling results
+11x to a fair value going by the broker note
+over half cash to mcap
Looks good from here!
FYI: page 8 under valuation.
https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2024/02/20240220-Baron-Oil-BOIL.L-Allenby-Capital-Update-Chuditch-2-appraisal-well-preparations.pdf?c4050=on
Swest if you think that then sell?
The board has thus far delivered a heck of a lot of progress and they're telling us this quarter beginning next week they will have all permitting done, the final offtake done and miif investment done. I'll let them deliver on these components of the overall project.
Cash wise the company isn't exactly spending much, just a bit of drilling and admin for permitting that's finishing up and with money continuing to come in from both Piedmont and MiiF they confirmed in the new q&a and shortly the big bucks from the offtake.
I feel very good odds of a 3rd improved bid coming in shortly so I'm holding tight.