BSX 7.41% 5.0¢ blackstone minerals limited

BSX Chart, page-388

  1. 152 Posts.
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    Ecopro took a position in BSX to provide them with supply. The SS and PFS now highlight the strategy and economics with more confirmation to come from the PFS in December.

    I'd be staggered if the Korean's are not pushing forward with their next round of funding with a director on the board as well.

    Market is still nervous around funding as BSX called a snap CR 12 months ago when the SP was in the mid 50's at a huge discount of 42c, that annoyed many and Scott lost some credibility.

    Now Scott has stated on the BSX Nickel day conference when I personally asked the question around funding his preferred option. Until this preferred option is confirmed and we are not left with only 3.5 quarters of funding on the books the SP was going to drift.

    Lets not forget that 70% of the share register is held by the top 20, I haven't seen an updated top 20 in a while so if anyone has one they can post it, would be great to confirm that %.

    1) Sort out the funding with a major partner (Ecopro would be preferred as they are already on the books)
    2) Resource Upgrade confirming Life of Mine 15+ years (Geo seemed very confident going by the preso on BSX Nickel Day)
    3) Drill results / new discoveries
    4) Pilot Plat news flow
    5) PFS (Upstream Business Unit)

    That's what I would like to see over the next 3 months or so.
 
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