Recently listed Blencowe Resources (BRES) recently raised £2m in January this year to bring the world class shallow pit graphite project through development and to production.
With 2020 already earmarked as a transformational year, Mike discusses the Orom-Cross work programme including diamond drilling, preparatory work for its maiden JORC resource and his strategy to engage with strategic partners this year.
Whilst the drilling programme will look to prove out the graphite resource within the Large/XL and Jumbo resource categories, Mike also discusses the various growth markets for graphite including for Lithium Ion batteries used in Electric Vehicles.
Investors will also be interested in the peer group analysis identifying valuations currently in the market for similar projects through their various stages of development and production.