Blencowe Resources Plc · LSE:BRES
Blencowe Resources — Investor Presentation (December 2025)
16 slides from Blencowe Resources's investor presentation, December 2025
Slide 1: Orom-Cross Graphite Project
OROM-CROSS GRAPHITE PROJECT Advancing towards First Production December 2025 LSE:BRES blencoweresourcesplc.com
Slide 2: The Journey So Far
Graphite is a non-replaceable Input into all Lithium-ion batteries The Journey So Far 2020 2021 2022 2023 2024 2025 2026/7 Value Inflection Point Revised JORC Resource Completed 6,750m drill Acquired Maiden JORC Pre-Feasibility Definitive-Feasibility & Reserves plus programme Orom-Cross Resource Stu
Slide 3: Orom-Cross: A Genuine Standout
OROM-CROSS: A GENUINE STANDOUT 100% Owned Tier-One Project with “ 2-3 billion tonnes estimated resource JORC Resource 26Mt based on just 2% of license area drilled to date, huge potential: ➢ JORC Reserves increased 47% to 23Mt which lifts life of mine and production rates ➢ Further JORC Resource upd
Slide 4: Key Differentiation
KEY DIFFERENTIATION “ 6 Key Fundamentals: Low Operating Costs Unique Factors that set Orom-Cross apart Core Strategy: Uplifting value of end-products by SPG Facility Orom-Cross Project – critical to deliver margins required for commercial success selling more than just concentrates. Low Capital (sta
Slide 5: Definitive Feasibility Study: Project Economics
DEFINITIVE FEASIBILITY STUDY : PROJECT ECONOMICS US$1.087 Bn 96% HIGHLIGHTS Net Present Value10 IRR10 (post-tax) ✓ NPV10 US$1.087 Bn - lifted by 225% from PFS (post-tax) (NPV8 US$482M). ✓ Ratio of NPV to Capex is high, underlining significant returns on capital invested. ✓ 15-year initial life of mi
Slide 6: Updated JORC Standard Mineral Resources & Reserves
UPDATED JORC STANDARD MINERAL RESOURCES & RESERVES Mineral Resources Updated: November 2025 : with 47% Increment in Reserves & Reserves Area Mt % Total Carbon Metallurgy Inferred 8.14 5.36% Upgraded Concentrate Recoveries Indicated 14.19 5.50% Deposit (% LOI) (%) Northern Syncline Measured 1.20 5.13
Slide 7: Addressing Fundamental Issues
ADDRESSING FUNDAMENTAL ISSUES “ Blencowe is Addressing the Biggest Historical Challenge for Commercial Success in Graphite Mining Graphite producers selling Concentrate Only receive low prices for sale of bulk quantities of small flake concentrate into Asian markets, which reduces their overall weig
Slide 8: Value-Adding Strategy
VALUE-ADDING STRATEGY “ Delivers Higher Prices/Revenues and Lowers Operating costs Micronisation Downstream Beneficiation Further grinding post-concentrate to Downstream processing in Uganda deliver 5 niche micronised products: upgrading 96% concentrate to battery- (45 / 25 /15 / 10 / 5 microns) rea
Slide 9: Production Strategy
PRODUCTION STRATEGY “ Move to First Production by 1Q-2027 and Ramp Up thereafter based on Delivery, Experience and Success 2026 2027 2028 2030 2032 Orom-Cross Downstream Beneficiation Orom-Cross Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 Ramp up to 70,000t Build SPG Facility Production 125,000t Product
Slide 10: DFC: Project Funding Partner
DFC : PROJECT FUNDING PARTNER DFC has Funded US$5.0M as a Orom-Cross Project Implementation SPG Plant Technical Assistance Grant Debt Funding Partner Debt Funding Partner UNITED STATES GOVT SUPPORT via DEVELOPMENT FINANCE CORPORATION (DFC) Orom-Cross is the first pre-production graphite project Blen
Slide 11: Minerals Security Partnership: Full Accreditation
MINERALS SECURITY PARTNERSHIP: FULL ACCREDITATION “ Another Tier One relationship adding value OROM-CROSS FUNDING SOLUTION to Orom-Cross Minerals Security Partnership Alliance of 14 countries and EU to catalyse public and private investment to support critical minerals supply: Possible MSP Funding (
Slide 12: European Union - Project SAFELOOP
EUROPEAN UNION - PROJECT SAFELOOP LONG-TERM, HIGH-VALUE ANNUITY INCOME STREAM FOR BLENCOWE “ Tier-One Project Team delivering Standardised EV Batteries & Buses under EU Project leadership OROM-CROSS PROJECT AETC (US Graphite Specialist) SAFELOOP ADVANTAGES: Delivers Anodes for batteries 1. Exclusive
Slide 13: Sustainability
SUSTAINABILITY “ Isimba is a 183 MW Ugandan Hydroelectric Orom-Cross set to become an ESG leader Power Station commissioned in 2019, providing green energy to the national grid Delivering Green SOCIAL Graphite ENVIROMENTAL Community Agreement All energy requirements signed, returning value locally f
Slide 14: Net-Zero Mine Site Target
NET-ZERO MINE SITE TARGET “ Orom-Cross set to become a Blueprint for Sustainable Mining Practices Delivering Green Graphite As part of commitment to delivering a ‘greener’ solution Orom-Cross is actively developing relationships and partnerships for the introduction of: Exploring solutions for 2023
Slide 15: Corporate Overview
CORPORATE OVERVIEW LSE:BRES Share Price Issued Shares 406m Warrants 80m (6.0p VWAP) Options 24m (5.0-6.0p exercise price) Performance Shares 12m Fully Diluted 522m Market Cap £32m (at 8.0p) (Fully diluted) £42m (at 8.0p) DIRECTORS Cameron Pearce Alex Passmore Sam Quinn CHAIRMAN NON-EXEC DIRECTOR NON
Slide 16: Contact
+44(0)1624 681 250 info@blencoweresourcesplc.com 167-169 Great Portland Street, Fifth Floor London, W1W 5PF
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