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LONDON - Blencowe Resources Plc has published an updated corporate presentation incorporating key outcomes from its recently released Definitive Feasibility Study (DFS) for the Orom-Cross graphite project in Uganda, according to a company press release issued Monday.
The DFS results show the Orom-Cross project has a net present value (NPV10) of $1.1 billion and an internal rate of return (IRR) of 96%, positioning it as what the company describes as a Tier-1 graphite project.
The updated presentation includes details about the project’s development pathway and the integrated downstream USPG (Ultra-Spherical Purified Graphite) facility. The company noted that the project features low capital expenditure requirements and what it terms "world-class margins."
Blencowe also highlighted plans for further growth, with an additional JORC resource update expected in early 2026. This update will incorporate results from 192 step-out drillholes that were not included in the current DFS.
The company has made the presentation available on its website and directed shareholders to two recent video interviews with CEO Mike Ralston discussing the DFS outcomes, financing plans, downstream strategy, and expansion potential.
Blencowe Resources is focused on developing natural resources, with its Orom-Cross graphite project in Uganda being its primary asset. The information provided is based on a company press release statement.
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