BSX 0.00% 3.7¢ blackstone minerals limited

Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-3

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  1. 2,510 Posts.
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    I really hope that the team delivers on the PFS. (They need to)

    There is a lot riding on this announcement.

    I'm holding and have been accumulating for some time but lately even I have started to doubt if the narrative is too good to be true.

    It is unfortunate to see the share price where it is and I would love to see it bounce back

    But

    I also acknowledge that the chances of the market rejecting the PFS is high.

    Mainly due to not understanding the PFS when released in isolation.

    It takes a closer look to see how the upstream business works in the bigger picture adjunct to the downstream business.

    From an outsider looking in, a low-grade mine located in Vietnam coming into wet season with high capex won't be appealing.

    I hope I'm wrong.

    The team have prepared a webinar post PFS release. I see this as an attempt to reinforce the PFS announcement and rapid response team to slow down the sell off.
 
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