Blencowe Resources presents the Orom-Cross jumbo graphite project in Uganda.
12:25, 3rd June 2020

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Recently listed Blencowe Resources (BRES) FOLLOW recently raised £2m in January this year to bring the world class shallow pit graphite project through development and to production.   

With 2020 already earmarked as a transformational year, Mike discusses the Orom-Cross work programme including diamond drilling, preparatory work for its maiden JORC resource and his strategy to engage with strategic partners this year.   

Whilst the drilling programme will look to prove out the graphite resource within the Large/XL and Jumbo resource categories, Mike also discusses the various growth markets for graphite including for Lithium Ion batteries used in Electric Vehicles.   

Investors will also be interested in the peer group analysis identifying valuations currently in the market for similar projects through their various stages of development and production. 

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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