BSX 2.50% 3.9¢ blackstone minerals limited

Sleeping Beauty ASX BSX, page-2068

  1. 5,093 Posts.
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    We're cashed up until the DFS stage at the end of next year. If raising capital it will likely be about then and the current games around the shareprice will be completely irrelevant.as the SP will reflect a huge drilling campaign and JORC resource with JV signed and very likely already financed IMO. The reason I mentioned a German bank is because of our German shareholder, the other projects he/they are involved in and the fact large scale finance was arranged, for one of those projects from a German bank. Perhaps we don't even need to actually start up the new concentrator to obtain the capital if that finance can be arranged early. Perhaps he is holding back in arranging that finance in the hope he can increase his share of ownership of the resource by buying a larger stake. Who knows, we need to demonstrate we are not beggars and we are doing that. BSX is not desperate,we have means. Our Board is capable and are making all the right moves in my opinion
    Last edited by rick26: 25/11/20
 
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