Australia's largest stock trading and investment forum Australia's #1 stock forum

BSX

Click for more information

0.00%

2.8¢ blackstone minerals limited

Ann: Change in substantial holding, page-10

First 10 Last

Share
Profile

Follow
michaelhaley

2,550 Posts.

366

14/01/22

21:46

Post #: 58880006
Share

Originally posted by nikunjsahani: ↑

hmm..I’m quite bullish on bsx long term but not sure about this JV theory

If you wanted a stake in something that you’re assured of going to lot higher mcap than current over next 6-9 months, why would you want to JV when closer to $750m-$1b when you can maintain/increase ownership at $250m mcap?
doesn’t quite add up.

my gut feel (& am no expert here), is they’re content wirh current % holding in bsx, they’d be diversifying into multiple other stocks on asx tsx etc & Scott mentioned mulriple times there’ll be room for more than 1 partner during downstream decision, prob in the company’s interest to not have just 1-2 majors on the register as well when it comes to negotiation power incase there’s a TO prospect.

what am more keen to find out is who got these remaining soi in the large placement? Is it vinfast or one of the korean majors? Or was it local “sophs” who’l be eager to exit on U pfs

Expand

I agree and understand your doubt based on why would buy something later knowing it will cost more.

but

Ecopro would want PFS before they commit to JV

I’m sure SW has stated in a past video that JV will follow soon after PFS.

I could be wrong but my bets are on Ecopro as JV.

BSX Price at posting: 74.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

There are more pages in this discussion • 10 more messages in this thread...

First 10 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $14.86M

Open	High	Low	Value	Volume
2.8¢	2.9¢	2.8¢	$6.972K	243.0K

Buyers (Bids)

No.	Vol.	Price($)
1	30000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	207119	6

View Market Depth

No.	Vol.	Price($)
1	30000	0.029
2	142780	0.028
6	675383	0.027
4	393578	0.026
7	232138	0.025

Price($)	Vol.	No.
0.030	146517	5
0.031	56013	1
0.033	209309	1
0.035	1405	1
0.040	19998	1

Last trade - 15.59pm 11/11/2024 (20 minute delay)

BSX (ASX) Chart

SPONSORED BY