Australia's largest stock trading and investment forum Australia's #1 stock forum

BKT

Click for more information

0.00%

5.3¢ black rock mining limited

RNU have had a great run today, the MOU with POSCO is great...

First 33 Last

Share
Profile

Follow
Breakoutthecash

1,895 Posts.

482

25/08/21

15:11

Post #: 55563812
Share

Originally posted by 13th: ↑

Do agree @mattycee1

I get the feeling that FCI being finalised this quarter is a reasonable assumption and the market is treading water until then.

Interesting announcement out from RNU today signing a non binding MOU for offtake with Posco. They are essentially where BKT was with Posco 12 - 18 months ago, now having to go through and qualify their feedstock to enable binding offtakes to take place.

All longer term BKT shareholders will know this is a time consuming and costly process to meet the hurdles required to satisfy Posco. We certainly wish them the best of luck.

Worth understanding that Posco will need ~10x what BKT can deliver to meet their anode - graphite requirements and I think we can expect to see them continue to put their foot on a number of potential producers in af effort to qualify their feedstock and sure up supply for the longer term.

The great thing about BKT is that we have jumped through all of the hoops to meet Posco's requirements which now clears the way for further offtake to be committed.

Expand

RNU have had a great run today, the MOU with POSCO is great deal, once we get FCI with Taz government we should see the BKT SP jump in 20's.

BKT Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

BPT

Beach Energy profits fall -11% in FY24 on back of higher costs in Cooper Basin

Emerald & Azure score Digger & Dealer awards

ARR

American Rare Earths to transfer US project to subsidiary; current CEO Swartz to move on

PAM

Pan Asia nearly triples anomalous zone for lithium at large prospect in Thailand

Bitcoin: Current State of Play & Where to Next | Swyftx

There are more pages in this discussion • 6 more messages in this thread...

First 33 Last

Add BKT (ASX) to my watchlist

(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $66.34M

Open	High	Low	Value	Volume
5.3¢	5.3¢	5.3¢	$27.26K	514.3K

Buyers (Bids)

No.	Vol.	Price($)
1	4480	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	26897	1

View Market Depth

No.	Vol.	Price($)
1	4480	0.053
2	1019230	0.052
3	75375	0.051
2	320000	0.050
2	141000	0.049

Price($)	Vol.	No.
0.056	26897	1
0.057	59714	1
0.058	132837	1
0.059	43860	1
0.060	143850	2

Last trade - 11.20am 12/08/2024 (20 minute delay)

BKT (ASX) Chart