BSX 2.86% 3.4¢ blackstone minerals limited

BSX Day to Day SP discussion, page-3367

  1. 203 Posts.
    lightbulb Created with Sketch. 37
    Ok agree lets wait for the quarterly for true numbers.

    However Stavros, he's talking to us directly in Q&As posted on youtube (17th June) that he will require capital end of this year that to me suggests he'll burn the $48 million we had to start the March Qtr over a 6-9 month period. I just can't understand why when we are not using new innovative technology but existing / old proven technology (flow sheets) that partners can only be brought in after these pilot studies and almost $100 mill of share holder funds have been burnt through?

    If we were trialling something completely from left field I could stomach that investors (partners) may want to wait to see the end results / success rates of the pilots but we are not. Smells really fishy to me so I'm bringing it up here as a discussion point.
 
watchlist Created with Sketch. Add BSX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.