BSX 5.71% 3.3¢ blackstone minerals limited

BSX Day to Day SP discussion, page-296

  1. 878 Posts.
    lightbulb Created with Sketch. 862
    Just putting it out there.
    The scoping study had a price assumption of 15.344$us/t of NCM 811 precursor.

    https://hotcopper.com.au/data/attachments/2780/2780788-c6cd4023b4570c39d810753582680ff2.jpg
    This is hitting 16715$us/t at the moment in SMM.

    https://hotcopper.com.au/data/attachments/2780/2780800-48fb9baba060fd085505ac104820007a.jpg
    https://hotcopper.com.au/data/attachments/2780/2780805-109165818a15e8d47f3bb45c9e7a77da.jpg

    The base case is strong.
    We need less than 2mt of MSV ore to fill the blank and remove the funding anxiety here.
    2021 should see a massive rerate if both Ecopro and the drillbits deliver.
 
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