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Her reputation now goes before her.
The drop over the last couple of months here has been absurd.
Lovely jubbly.....also if I read correctly Mike has confirmed milestones for 3rd tranche have already been met so just awaiting payment for that $1m.
Perhaps with his accountancy background our CEO was giving the market more credit than it deserved? (or making assumptions that the cash position was clear?)......a slick salesperson might have worded the RNS differently, but then I wouldn't necessarily want a slick salesperson as a CEO, at least we know where we stand with this one, gives off an air of honesty and trustworthiness.....hopefully that's what was evident to the DFC and will be evident to any interested parties at the conference in Cape Town on Monday.
"keeping any of the holdings I am interested in to around 100,000, when it proves itself might by more" - when it has proved itself you'll be paying more too, a lot more.
Lordsidcup - If you had witnessed the absolute annihilation of a company's valuation by a CEO (and let's not kid ourselves, nobody else is to blame, she is wholly accountable) whilst that same CEO paid herself a 6 figure salary whilst delivering sweet FA other than presentations, MOUs and BS......and to cap it all came out and said she wasn't buying any more shares (at an all time low) because there didn't exist an appropriate share purchase plan, would you invest?
"I just don't understand why we can't get a high value individual from the Middle East to invest at this crazy price"......the CEO?
Zapsnap - just to add we're not AIM listed, you probably know that.
My understanding is that the grant can be used however the company sees fit to 'deliver' the DFS?........Legalwolf, are you saying they have to keep monies used towards the DFS in a separate kitty to those used towards day to day running of the business?
Next Monday and Tuesday MR will be in Cape Town mingling with investors.
basket case of a country - https://www.itv.com/news/2024-01-30/imran-khan-jailed-for-10-years-for-revealing-****stan-state-secrets
I hope MR can convince some to invest at the 121 Mining Investment Conference in Cape Town next week.
Blimey, I didn't think we'd be heading this way with the potential here.
I can see you're an optimist Jstar.
Still thinking about averaging down AG1989?.......after the next pitiful raise at a massive discount?
Should see a decent rise when we're digging the stuff up, making it battery ready in Uganda and shipping out at profit.....hopefully.
Another top up on the bell, locked and loaded now.
Our CEO strikes me to be a man of his word with a good moral compass, I imagine if anyone can make this work and put BRES into production he can, his reputation is surely at stake given the support from the US International DFC to date?.....motivation must be running high?.....also his accountancy background seems to be standing us in good stead financially. Patience is key, a couple of years from now I would hope we're in a vastly different position (if we're in production and generating revenue).......and receiving those dividends that CT keeps banging on about!
LUCAIN - In addition to what Pauliewonder said below, this Older (and none) the wiser so called 'investor' in BRES (a graphite stock) has been a member on LSE for nearly 10 years, uses LSE regularly to post almost exclusively about another stock (NFX) and yet..........this is his or her first post EVER about Blencowe Resources and it's one casting doubt over the graphite market?.....come on, intelligent post? you're having a laugh.
Older (and none) the wiser - I've said similar before but perhaps I'll say it again, do you know something that the US International Development Finance Corporation don't in terms of the global demand for the highest quality graphite?.....if so then please get on the blower to them as they're throwing money away.