Added to YB: 2026-09-15
Pitch date: 2026-09-11
BRES.L [neutral]
Blencowe Resources Plc
-16.22%
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 40.7M
Pitch Price
GBP 0.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-11.53
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Blencowe Resources Plc - $BRES.L
BRES.L (update): Blencowe’s Orom-Cross resource has expanded to 64.3Mt at 6.03% TGC, while updated economics show a $1.254bn NPV10 and 51% IRR on unchanged $170m total capex. Non-binding interest covers planned 20,000tpa Phase 1 concentrate output, and graphite has been validated in batteries, defense and a Mach 5.5 rocket. The gating issue remains securing $45m of Phase 1 funding on terms that preserve shareholder value.
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