BSX Day to Day SP discussion, page-4451

Mine life is irrelevant in Blackstones business model.

Look at the flowchart.

If they use 50% third party feed then there you go 20 year mine life.

It’s a sliding scale that is flexible based on market prices, Nickel price low use more third party, nickel prices high use own feed.

Blackstone are building a business that will be successfully master the art of arbitrage.

They just need the green light on partner (capex and technical input) and this company will be an unstoppable money making machine regardless of trends and commodity prices.

I think the team are thinking years / decades ahead of the game and completely understand Scotts desire to be funded by Instos instead of retail, exactly why and where we are now, people don’t understand this vertically integrated company and the complexities that come with it.

IMO buy and hold and let the professionals do their job.