Vinfast may want to buy BSX out in whole or take a majority stake as the downstream knowledge will be very valuable and as a carmaker Vinfast will be better able to lock in very long term contracts for third party feed. Whether the upstream mine is profitable will depend on the nickel price. BSX is a lot more valuable than $50 or $60 million AUD. We need to wait for Vinfast to raise the capital. Anyone heard anything on that front?
BSX Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
