Blencowe Resources has reached a pivotal moment in its journey to becoming the next major producer of graphite worldwide with the delivery of its project DFS demonstraing outstanding economics including an NPV of nearly $1.1Bn, an IRR10 of 96% and low Capital Cost of $160M.  With a phased production plan, attention now turns to phase 1 financing with multiple parties at the table.

Blencowe is close to arriving at a major milestone namely its Orom-Cross graphite project DFS which could show a material uplift in its PFS NPV of $482M.  With post DFS Graphite projects typically valued anywhere between 15 and 35% of the project NPV, could Blencowe and Orom-Cross be a take-over target?

Astrid Intelligence is building on the cutting edge of decentralised AI and digital assets. Through its Bittensor subnet, its creating a scalable ecosystem where AI models including its own 'Astrid AI Agent' can learn, trade, and generate value. At the same time, its Digital Assets treasury model anchors the business with a resilient, appreciating asset base with a particular focus on Ethereum. Together, this positions Astrid at the intersection of AI innovation and digital financial strength

United is actively progressing its prospective 7 Billion Barrel Walton Morant high-impact frontier exploration licence, having overcome regulatory hurdles including an award of its Environmental Permit and Beach Licence—both key de-risking milestones, as farm-out discussions progress in the data room

Buccaneer Energy is at an intriguing juncture. With new wells in the pipeline, potential significant uplift in free cash flows, and a bold pivot into Bitcoin mining, there's clear speculative upside.

Blencowe Resources has just completed all major infrastructure deliverables for its Definitive Feasibility Study (DFS) at the Orom-Cross graphite project in Uganda. This development represents a significant step forward in de-risking the project and reinforces its potential as a low-cost, ESG-friendly graphite producer.