I love the idea of Chim Van and think it would have a great impact on Blackstone's share price undoubtedly.
BUT
Let's get real.
Chim Van is underground, undrilled, untested and not in our mining tenement.
Blackstone don't own Chim Van, Vietnam government does.
Do you think they will give up a insanely large, rare Nickel sulphide deposit during a global nickel deficit ? Or will China just absorb it?
Communist country don't forget, game is played differently, whoever pays the most will get it.
Can Blackstone write those kind of cheques? I doubt it.
When I spoke with company, talks of Chim Van were way down the track minimum seven years, in their words.
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