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LSE:BRES

Blencowe Resources PLC

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Market:
LSE
Price
4.10 GBX
Day Change
2.50%
Market Cap:
£8.91 m
52 weeks high
6.50
52 weeks low
3.70

In brief

Blencowe Resources PLC is aiming to develop the Orom-Cross Graphite Project in Uganda.

Orom-Cross is a potential world-class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.

A 21-year mining licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe is moving through the feasibility study phase.

Snapshot

  • Blencowe climbs on show of strength funding round
  • Blencowe Resources offers chunky margins at Orom-Cross, and the chance to ride any uptick in graphite
  • Blencowe Resources: Research house sees significant upside
  • Blencowe Resources receives debt funding LOI for Orem-Cross Graphite Project from US agency