Taking a step back from the next drill results, LT holders should be both very excited and nervous when looking at the macro environment.
The US are finally aware of critical metals and China’s influence. China is stockpiling and Blackstone’s ‘Norilsk’ (Haiphong) is 100km’s from the chinese border.
Germany, well search ‘germany battery’ and you will see their activities, Elon building the world’s largest gigafactory and others are joining in. It’s no secret that Germany are looking outside of China now for resources.
Samsung SDI and SK Innovation have deals mounting and Ecopro are amongst all that. Ecopro are obviously at the front offtake wise albeit no deals are in place.
So why mention all this, well Blackstone are smack bang in the middle of all of this. We already have South Korea, Germany and the UK (Fidelity Int.) sitting heavy on our register. Now we are US listed. All this within a year or so.
Where to from here? We know we are sitting on a large sulphide deposit in Vietnam that can start producing within a year if requested, and it has all the right chemistry to be as green as it gets. BSX trading since the initial scoping study release has been precise and determined. Aka, exciting but nervous...
GLA
BSX Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
