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6.25% 3.4¢ blackstone minerals limited

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  1. subi1
    8,608 Posts.
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    14/03/21
    12:46
    Post #: 51753010
    I should add ASM have their own mine in Dubbo ready to go with a 75 year mine life anticipated and they were split off from Alkane last July . Waiting for finance on the mine but it looks like the metallization side of the business is going to be moving ahead very soon.

    The prices for the metals compared to the oxide are much higher and therefore similar to what BSX is trying to achieve with the precursor product compared to a nickel concentrate. The margins are higher once the processing is done.


    BSX Price at posting: 44.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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