Scott Williamson, Blackstone’s Managing Director, said:
“The Central Musgrave Project fits into the Company’s medium to longer term planning horizon, and we are pleased to have secured a strategic equity position at what we consider to be the lowest point in the valuation cycle for the asset. Given the globally significant scale of the Central Musgrave project, we believe its development will be required to support a sustainable transition to the electrification of transportation and energy storage.”
Good luck all holders - I hope Blackstones investment thesis, along with ours, proves to be a great one
NC1 Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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