Interview with CEO Mike Ralston -DFS Progress
Blencowe Resources Plc shared updates from CEO Mike Ralston regarding their Orom-Cross graphite project in Uganda. The company has completed a 7,750m Stage 7 drilling campaign and is awaiting ongoing assay results. The Definitive Feasibility Study (DFS) is expected to be completed in Q4 2025. Blencowe is planning the next steps towards financing and development of Orom-Cross, targeting production from 2026. The company's SPG strategy focuses on premium, non-Chinese battery markets. Advanced product testing programs are underway, including collaborations with technical partners for major U.S. agencies. Blencowe anticipates a potential re-rating post-DFS due to the project's de-risking and strong fundamentals.
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Blencowe Resources Plc (LSE: BRES) is pleased to share a link to a recording of a live X Spaces Interview and Q&A on the SmallCapPix platform featuring CEO Mike Ralston who discusses progress at the Company's flagship Orom-Cross graphite project in Uganda.
In this wide-ranging discussion, Mr. Ralston provides updates on:
- Ongoing assay results from the 7,750m Stage 7 drilling campaign
- Completion of the Definitive Feasibility Study (DFS) in Q4 2025
- Next steps towards financing and development of Orom-Cross towards production from 2026
- SPG strategy targeting premium, non-Chinese battery markets
- Advanced product testing programmes, including those undertaken through technical partners for major U.S. agencies
- How the project's de-risking and strong fundamentals position Blencowe for a potential re-rating post-DFS
Listen to the full interview here:
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