Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Swan
Like I said too big for Mike to take Into production!
This is Gonna be taken out
What is the true Price of Oram Cross?? 1Billiom 2Billoin?? More??
This is truly on the radar of EV companies
Even Elon musk needs a supply of Graphite.
Com909
I totally get what your saying
My point was that I’ve £18k invested here so 7% gave me 4K in interest.
I’m totally behind Mike and purchased my first share @7.88p
So I believe in Bres to Deliver but Now think this is Way to big a project for Bres and this will end up being sold off to a company that has the technical and financial ability to put it into Full production!
I bought in on the facts.They still remain the Same the world Needs Graphite as it has multiple Uses.
Oram Cross has Billions of tonnes of the stuff and we are scratching the top of it at 1-2%.!!
Now I’m No Einstein but simple Maths in first grad says 1+1=2.
So 98% Not priced in = Billions of pounds.
Not rocket science. So the end game I believe is a buy out and have thought this for awhile.
Bres I think will be gone by summer 2024. Who knows at what cost?
Remember we have a couple of valuations around.50p for 1-2%.
Sit back with the £100 and hopefully it will give you a x10 + return.
Best of luck all.👌
News being digested at long last
The penny is beginning to drop??
I’m not seeing a penny rise!
I’ve been here 3 years and exactly where I was before!
Could have made more n a bank account.
But hay ho will sit it out hopefully now we will rise when we get that 2 million in our account.
Legal
Placement would have happened DFC or Not at some point as to pay for the running of the project.
I do see your point thou.
Let’s all calm down and respect each other’s opinions etc.
Let’s not get into a slanging Match as we are to close Now to fall out.
News isn’t far off .
Hey all think we Need to chill out.!!
Graphite isn’t only used in EV’s
It’s a important part or our day to day life
We use it in multiple things such as
Writing Materials
Lubricants
Paint
Refractory
Nuclear Reactors
Batteries
Graphene Sheets
It can be made into a one-atom-thick cylinder of graphene which is a super-strength material used in sports equipment.
Graphite can behave like metal and conduct electricity but also as a nonmetal that resists high temperatures.
Also used on Rocket’s in space as Heat shields.!
As I see it if your worried have a cuppa and make a personal decision if your worried then SELL
Then move on.!!
I’m happy with Bres so I will sit back and wait it out.
I believe that all this will come right in the Next 3-6 weeks
I say this as I suspect Mike is playing a game of poker with the Yanks n Chinese
Personally I’m not to concerned with the DFC.
The Americans would want a large chunk of the pie as they are looking at our 98% area not priced in.
So sit tight or Sell and Move on.
Best of luck to those who are staying put.👍
This is a massive project in its infancy.
It’s not just EV manufacturers demanding more graphite. One company alone, the South Korean steelmaker Posco, has a requirement from 2028 that is almost as much as the entire market is demanding today.
None of this graphite is reusable in the way that aluminium, copper, and zinc are. Furthermore, the synthetic graphite market appears to have stalled and is not currently a growing market.
“We are reaching the inflection point,” stated Shishir Poddar, executive chairman and managing director of Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF).
According to Poddar, “we will start seeing a shortfall of availability of graphite based on the current production established”.
Concerning news for the EV industry, particularly those automakers still in the early stages of entering the fully electric production chain (Britain’s Aston Martin Lagonda Global Holdings PLC (LSE:AML) springs to mind).
The number of new mines coming online will be slow, and as demand intensifies the supply will struggle to keep up.
Was Reading Old articles and thought this piece may cheer us up as we watch and wait.
nd and supply is set to widen exponentially – Source: Reuters
Anyone with a basic grip on economics will tell you that if demand outstrips supply in anything it leads to shortages and that usually leads to price increments, “especially if supply cannot pick up to meet this surging demand”, noted Ralson.
“I believe there is a profound impact coming like we have seen in lithium and other battery metals (cobalt, nickel, manganese) in the past,” Ralson theorised, continuing: “It is difficult to predict exactly when, as markets have many different moving parts, but the accelerating demand is real.
“There are over 200 battery megafactories in some stage of development and they will all require graphite ahead. The supply restraints discussed above are real.”
This could lead to a potential boon to pure-play graphite producers who will inevitably be able to realise a better price for the product, though the sector also has its own particular set of risks.
On top of the source risk of 60% to 70% of primary graphite or graphite concentrate still coming from China, “mining and processing graphite and delivering what the customer needs is itself a learning process”, according to Poddar.
“It is a material which has its own peculiarities, its own specialised methods of doing things, So there is a learning curve for new entrants.”
For the sake of the EV industry, let’s hope these new entrants make good students.
COPIED FROM ADVFN
Found this interesting.
When Spreadex notified it no longer held a notifiable interest in BRES, it was on behalf of a single punter who owned approx 6.4 million shares. After the notification the punter still had 3 million shares to dispose of. It is highly possible Spreadex are now at the rump of the remaining 3 million shares. This will go on for a few more days. One has to remember if there is a seller the MM's buy the stock. Why would they do that in such large amounts. Its because they have done basic research themselves.They currently are willing to buy the 250k plus transactions in BRES shares and will profit handsomely when the price rises.
C909
Could be the last bits of Spreadex !
Sit tight see what happens in the coming weeks,
I’ve Built up 400k over 3 years so not to bothered about day trades.
Was hopeful this would be 7p plus thou.
O Well all we can do is stand on the sidelines and watch the Game play out.
Well put Merchant
Excellent post as ever.
You say it all. I know it’s frustrating in this Bear market that’s dragging on and on but think your spot on with the Chinese angle.
There’s a lot of manipulating going on with this share market traders and the T traders, so it’s nice to read a well put post that explains where we’re at.👍
Thanks merchant