BSX 3.70% 2.8¢ blackstone minerals limited

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    There are 5 major catalyst that shareholders must remember:

    1 - JV partners are going to earn up to 49% of BSX registry and they must make sure shareprice dont run up prior to finalising the agreements. They are going to take a big shunk of the equity plus inject money.

    2 - Most investors panic on a double bottom and sell at any major run up. Creating opportunities to any interest parties to accumulate later on

    3 - 50% of Management salary from Jan to June to is going to get paid soon in shares (cheap shares)

    4 - CaNickel Mining on the execution of sale agreement (after JV raise) to receive $10Million in BSX shares bases on 10 day average (the lower the share price the better)

    5 - BSX sunk cost into the project is huge. Cost to replace all assets and advanced projects is way bigger than market cap.
    making the company an easy take over target.
    JV partner may look and say, what if we buy the whole lot for xxxM

    And these make it an easy investment decision to buy low, and wait to see how it plays out after June

    https://hotcopper.com.au/data/attachments/6170/6170544-bfdddc09e205d7c7f4755408e93d3981.jpg





    Last edited by goldfan: 14/05/24
 
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Last
2.8¢
Change
0.001(3.70%)
Mkt cap ! $14.86M
Open High Low Value Volume
2.9¢ 3.0¢ 2.7¢ $10.32K 355.7K

Buyers (Bids)

No. Vol. Price($)
2 134943 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 125697 4
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