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Blencowe Resources #BRES – Invitation to Webinar

Blencowe Resources is pleased to invite investors to an investor webinar, hosted by Shares Magazine where CEO Mike Ralston will present Blencowe’s  plans to develop our potentially world-class Orom-Cross Graphite Project followed by an audience Q&A on Wednesday, Jul 21, 17:30 PM BST.

The webinar is open to all existing shareholders or potential investors.

To participate in this webinar, please register using the link:
 https://register.gotowebinar.com/register/8965032300449864207

The webinar will not require your participation in the form of audio or video, however, you will have the opportunity to ask questions via an online chat window during the webinar.

Whilst a Stage 2 drilling programme with the objective of further upgrading the higher-grade Resource at Orom-Cross is currently underway, next steps are in-flight to begin moving through development studies into pre-Feasibility and ultimately full Feasibility study in order to fully assess the project economics for Orom-Cross.

Following successful metallurgical testwork where graphite concentrate grades consistently ranged between 97-98% TGC, Blencowe is now better positioned to advance discussions with strategic groups in the knowledge it can deliver a range of high grade end products.

 

Please find below a link to our latest presentation:

https://blencoweresourcesplc.com/wp-content/uploads/sites/23/2021/05/Blencowe-Presentation-May-2021.pdf

ENDS

For further information please contact:

Blencowe Resources Plc

Sam Quinn (London Director)

www.blencoweresourcesplc.com

+44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Enquiries

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha@flowcomms.com

Brandon Hill Capital Limited

Jonathan Evans

Tel: +44 (0)20 3463 5000 jonathan.evans@brandonhillcapital.com

First Equity Limited

Jason Robertson

Tel: +44 (0)20 7330 1883

jasonrobertson@firstequitylimited.com

Ian Pollard: Morrisons Smashes Competition With 132% Dividend Rise

Morrison W. Sprmkts MRW which many still regard as that upstart from Bradford has taught the high streets major retailers, the biggest lesson they have had in decades. Forget your Tescos, your M&S and your snooty Sainsbury’s. Morrisons has just smashed the high street competition into little bits and is raising its interim dividend by a record amount. With second quarter like for like sales at a nine year high it has increased its ordinary dividend by 11.4% on top of which it is paying a special dividend of 2p per share making a total increase of 132%. Group like for like sales for the half year to the 5th August rose by 4.9% up from last years 3%. Underlying profit before tax rose by 9% and earnings per share by 8.5%.

The future is seen as containing many opportunities for meaningful and sustainable sales and profit growth. David Potts the Chief Executive, sees Morrisons continuing to become broader and stronger and a more popular brand whilst the Chairman looks forward to “more and more customers trying Morrisons.” Proof if ever proof was needed that the high street is alive and kicking and can be rescued from the damage caused to famous names by sclerotic management and placemen.

Ricardo plc RCDO saw solid revenue growth of 8% during the year to the 30th June with the order book rising by 14% to end the year at record levels. Despite falls in statutory profit before tax and basic earnings per share of 14% and 27% respectively, the final dividend is to be raised by 6% to 20.46p per share. On an underlying basis profit before tax fell by 1% and earnings per share rose by 1%

Amerisur Resources AMER saw strong revenue growth of 93% in the half year to the 30th June and last years first half loss of $2.3m was turned into a profit after tax of $10.8m. The turn round was helped by a rise of 33% in average production and a jump in the oil price from $47.2 to $64.2 per barrel.

SafeCharge Int. Grp SCH enjoyed strong revenue growth of 26% in the half year to the 30th June. Adjusted EBITDA was up by 15% and the interim dividend is also being increased by 15%. The CEO says that the strong set of results has been followed by a good start to the second half  and it is anticipated that revenue for the year will be at the top end of market expectations.

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