Business
Research Note
Research Note.
About this update from Blencowe Resources Plc
[{"type":"text","content":"\n \n \n 02 March 2023\n \n \n BLENCOWE RESOURCES PLC\n \n \n (\"Blencowe\" or the \"Company\")\n \n \n \n \n \n \n Research Note on Orom-Cross Graphite Project\n \n \n \n Blencowe Resources Plc (LSE: BRES) is pleased to note the publication of a new research Initiation report by Resolve Research Limited (\"Resolve\") on the Company's Orom-Cross graphite project, located in Uganda.\n \n \n The Resolve note, titled \"\n \n Blencowe Resources - Walking with Elephants\"\n \n states that \"Orom-Cross is fast becoming a Tier 1 project at an inflection point for graphite demand\" and applies a\n \"highly conservative discounted cash flow analysis using a 12% discount rate\" to its valuation model.\n \n \n The report (compiled using publicly available information) and which applies a 23p target price with a \"Strong Buy stance\" is available on the Company's website at the following link:\n \n \n https://blencoweresourcesplc.com/wp-content/uploads/2023/03/Blencowe-Resources-Initiation-Report.pdf\n \n \n \n \n \n \n \n \n For further information please contact:\n \n \n \n \n \n \n \n \n \n \n \n \n \n Blencowe Resources Plc\n \n \n \n \n \n \n Sam Quinn\n \n \n \n \n \n www.blencoweresourcesplc.com\n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n +44 (0)1624 681 250\n \n \n \n \n \n \n \n Investor Enquiries\n \n \n \n Sasha Sethi\n \n \n \n \n \n \n \n Tel: +44 (0) 7891 677 441\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n Tavira Securities\n \n \n \n Jonathan Evans\n \n \n \n \n \n \n \n Tel: +44 (0)20 3192 1733\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n First Equity Limited\n \n \n \n Jason Robertson\n \n \n \n \n Tel: +44 (0)20 7330 1883\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n ","length":6254,"tagName":"div"}]