BSX 3.70% 2.8¢ blackstone minerals limited

VinES and Cavico, page-72

  1. 8,666 Posts.
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    I am in other stocks and one of them has had delays as well.

    The comment from their agm was that not only are they developing a product but the off takers are as well. The offtakers are delayed in their production as well because of various reasons (covid, supply chain, staff availability) so they aren't ready to put in the orders yet.

    Maybe this is the reason nothing is finalised with BSX as well.

    The other company i was talking about is in talks and expects things to happen within 6 months.

    It doesn't mean the CEO isn't working hard it just could be that the offtake companies aren't quite ready to do the deals.

    ARU had a big offtake agreement recently after waiting a long time and their share price surged so i am hoping that happens here and elsewhere.




 
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