Home » Blencowe Resources (BRES) » #BRES Blencowe Resources Plc – Research Note on Orom-Cross Graphite Project

#BRES Blencowe Resources Plc – Research Note on Orom-Cross Graphite Project

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.

The Resolve note, titled “Blencowe Resources – Walking with Elephants” states that “Orom-Cross is fast becoming a Tier 1 project at an inflection point for graphite demand” and applies a “highly conservative discounted cash flow analysis using a 12% discount rate” to its valuation model.

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:


For further information please contact:

Blencowe Resources Plc

Sam Quinn



+44 (0)1624 681 250

Investor Enquiries

Sasha Sethi

Tel: +44 (0) 7891 677 441


Tavira Securities

Jonathan Evans

Tel: +44 (0)20 3192 1733


First Equity Limited

Jason Robertson

Tel: +44 (0)20 7330 1883


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