Blencowe Resources PLC was listed as a cash shell on the LSE in 2019 at 4p per share, seeking a quality asset to trigger a Reverse Takeover (RTO). In a timely fashion, the management team masterminded the acquisition of a 100% interest in the Orom-Cross Graphite Project in Uganda. This project has been rapidly diamond drilled, delivering a JORC Resource of 25Mt @ 6.0% with only 1-2% of the expected resource drilled to date – there is plenty of upside to scale up the resource significantly with a ....
01 Mar 2023
Blencowe Resources - Initiation Report
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Blencowe Resources - Initiation Report
Blencowe Resources Plc (BRES:LON) | 4.8 0 0.0% | Mkt Cap: 10.3m
- Published:
01 Mar 2023 -
Author:
Dr Michael Green -
Pages:
19
Blencowe Resources PLC was listed as a cash shell on the LSE in 2019 at 4p per share, seeking a quality asset to trigger a Reverse Takeover (RTO). In a timely fashion, the management team masterminded the acquisition of a 100% interest in the Orom-Cross Graphite Project in Uganda. This project has been rapidly diamond drilled, delivering a JORC Resource of 25Mt @ 6.0% with only 1-2% of the expected resource drilled to date – there is plenty of upside to scale up the resource significantly with a ....