Added to YB: 2026-02-12
Pitch date: 2026-02-10
BRES.L [bullish]
Blencowe Resources Plc
+6.63%
current return
Author Info
No bio for this author
Company Info
Blencowe Resources Plc engages in the exploration, evaluation, and development of mineral resources in Uganda.
Market Cap
GBP 37.1M
Pitch Price
GBP 0.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-14.16
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Blencowe Resources Plc - $BRES.L
BRES.L: Graphite project w/ $1B+ NPV trading at £36M mcap. New Iyan & Beehive deposits show 90-95m continuous high-grade intercepts from surface, not in current 26.1Mt JORC. Q1 2026 update could extend 15yr mine life to 30-40yrs. 99.99% purity achieved via EU processor (non-China route). 53.6% diamond conversion adds optionality. Phase 1 financing via DFIs/gov't agencies = minimal dilution. Offtakes progressing.
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