Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
I'd take the price from a year ago, better still the mid April price. I'm invested and my sentiment is positive however, the longer the lack of information and depressed SP continues my optimism ebb's away. Been here from December last year. Seen the highs and current lows.
@Bighand are you the next Damian Hanson? My positivity is waning by the day. If you're holding anything to go by and reflected in the rest of the board members, could be crucial if we get to vote on any outcome.
Nothing new from the mid-December statement in terms of numbers. A couple of "interesting points" for me:
1) reduced overheads implemented post-year-end, so doesn't affect FY24
2) potential new product categories, is this consoles...?
We don't know the percentage of visitors are buyers or sellers and how this changes month on month.
For example, I assume more buyers in Nov/Dec and more sellers Jan/Feb.
What would people prefer?
Sellers - So MMAG control more supply, more debt(investment)?
Buyers - So MMAG make more cash(mrr/are)?
You've done well to average down that low. What price did Schroder's pay last October? That could be the baseline line for an offer to be acceptable. Given the free float as increased massively I fear a a low ball (sub-25).