Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
Range Rover I hope your Correct
With your analysis as it seems the Market doesn’t like Our Update.!
Was expecting this to be in the 7-8p range Nowon the build up but Hay Ho.
Strange time these Markets.
Lots of News to come let’s hope it’s all positive and we can get this Share moving to where it deserves to be Mid teens.
Best of luck to all.
KEEP HOLDING 👍
I did notice this 95k buy around 2pm!
Over 2.7 million transactions this buy alone was 1.7mil but we ended Down!!
Some Mm playing games I think we should have closed nearer 6p.
Well Hopefully next Monday there will be an adjustment and Hopefully News from Mike and the team too.
Good luck all.👍
Found this online
Interesting read.
https://oilprice.com/Energy/Energy-General/Graphite-Is-The-Big-Winner-In-A-Multi-Trillion-Dollar-EV-Boom
Blencowe confirms offtake interest
https://www.miningweekly.com/article/blencowe-confirms-offtake-interest-from-downstream-graphite-processors-2023-08-14
Think if they never mentioned a DFC grant weeks ago then this would have taken off today!
I think that now a DFC has been stated people are waiting on this.
But todays News was Expected in a way but was still Great News and more News due at anytime.
Well this is the start of Good things I hope
As already mentioned on here I think the News will come nice and Steady from here.
This was a Great statement
(We have interest from a number of off take partners wanting large quantities of different flake sizes)
I think when people wake up and this hits there Radar Blencowe will take off.
Well done Mike keep up the good work.👍
Came across this article fingers crossed News next week 🤞🏻🤞🏻
https://m.engineeringnews.co.za/article/us-dfc-to-lead-delegation-to-us-africa-business-summit-2023-06-30
Came across this news feed last night USA are seriously investigating in EV manufacturing.
So on the grounds of Ford getting $9 Billion think this looks good for us as it shows where Graphite is gonna be in a few years double it’s currently low price.
https://www.theverge.com/2023/6/22/23769966/ford-doe-loan-ev-battery-factory-sk-avtm
Hi Older
I totally see what you are pointing out.
My point was referring to the massive rise in there share. Not many shares I’ve come across ever go 1000’s of percent as there reasons for it so unless you read the New flow regarding the rises.
Hey I think Bres could rise 300% though in the coming months.
IMO.
Hey Music
Here an extract from there RNS
Horizonte (AIM: HZM, TSX: HZM) is pleased to announce the completion of the Company's Share Consolidation on 30 May 22 that shareholder approval was granted at the Company's Annual General Meeting for a consolidation of 1 new share for every 20 existing shares
Back to Bres I’m a firm believer this company can be Massive but will be sold off before we get to full production.
I’m hoping for the Company to get its ducks lined up and hoping for .80-£1.
This is in the future but with China Vs Usa it’s a Rocky style Show down.! Well that’s what I’m hoping for.
This is my Opinion but I’ve been here for over a couple of years, So i’m not panicked just happy I’m in Bres as this price is so cheap and if the Country was run by a professional type of government the market would be totally different well I think so.
Hey Sit back and let’s see what DFS does to the price would hope it pushes Bres upto the 10p ish Range.
Best of luck all.👍
Bit confused Music?
HZM had a rerate 20-1 !!
So no I’m not looking at this type of rise.
But I’m looking at BRES to get its ducks in a row in the coming months and we will rise accordingly.
Remember we we valued at over £105M last July
First Equity Limited PFS numbers, had updated their risked valuation model, based upon a revised NPV8 of $482m for Orom-Cross and by applying a 30% development/resource, 50% finance and 25% country risk factors to derive an estimated £105.4m (prev. £43m) value.
A £105.4m risked graphite project value equates to a price per share of 59p, which is more than double their previous 27p target and represents an uplift of around 18 times from the current share price.!!
So this was July 2022.
So based on this I’m expecting way above this as we’re in much better shape this year as we have moved forward nearer the End game.👍
Yep this is going to get Snapped up in the next 12-18 months I think for a fraction of it’s true Value.
But believe it’s will be multiple of today’s price I’m hoping for something in the realms of .80-£1 so happy to sit n wait.👍
Well it’s something of what we been waiting for isn’t it.
100 tons extracted and exported from Uganda to China.!! So at least we know the Slow Boat made it.😂
This is starting to look Very good I’m excited as New will hopefully start flowing thick n fast over the coming weeks.
I’m thinking it’s gonna rise steadily over the next month I’m thinking 8-9p but when that DFS lands Pop she will Fly.
BRES is looking like one of the New Graphite players this is great news for us longtime holders.
Well done Mike.
Hi Noodle and Lincoln
I agree with your sentiments totally as the current valuation is mind blowing as it’s according for Just 1% of Oram Cross.!
And your absolutely right about valuation cos if this was to go our way and was to get into production then we would see it in the pounds, Cos we are sitting on 1 of the worlds largest Graphite fields in Africa.!
So if we get bought out as I think we will I’m hoping Mike will push the price way higher than .20p.
More like £1 plus as it’s worth Billions technically.
This is My take and this share is going to take off and when people understand what this share is about then bang off we will fly.
Best of luck both.👍
Hi Legalwolf
From my understanding your correct DFC would pay 50%
Meaning that the other 50% would be raised by warrants and placing but at a higher price I think Mike said.
As to limit the amount of dilution to share holder’s.
Think if memory serves.
I would think we would need to fin the other $4Million.
Noodle
I totally see your point but the problem with Mike is he doesn’t always tell us on time with his reporting so knowing him we will he a RNS update after the testing!
also I believe the 100 tonnes bulk has already arrived and being tested as we speak.
In today’s modern word transportation doesn’t take almost 4 months to travel such a distance.
Its Not gone by Sailboat.😄
News coming hopefully on this testing in the next week or 2 I hope.
I’ve watched n waited for over 2 years so another week or 2 is fine as I believe that this share has Massive potential and any one who does there due diligence will know if the stars align over the next 12 months BRES will be multiple of it currently Value.
This is only my Opinion.
Best of luck all.
Correct Forest
Samples were flown out in February I believe
To the Chinese.
This meant they could do testing to allow them to set there labs for the bulk sample which should have arrived sometime in May by my workings out.
As we know it’s just patients needed until News breaks.
I’m excited as So much news is due in the next 2-6 weeks.
I’m expecting this to start to rise on expectations of news I’m thinking 8-12p range
IMO.