Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-83

First 83 Last

Share
Profile

Follow
Stan123

1,293 Posts.

150

01/03/22

09:01

Post #: 59888662
Share

Originally posted by nikunjsahani: ↑

Resource definition & PFS - 10-15 %
with Off take & Pilot Plant - 20-25 %
with DFS & Funding - 30-45 %
Construction commences - 50-60%

not entirely sure but was something on these lines.
Also dependent on time to production, closer to it obv higher the mcap as % of NPV (prob given provides more confidence in pricing & fewer hurdles), longer the time to production lower the mcap % of NPV (prob to do with ambiguity over potential issues). SW said yesterday we’re looking at mid 2025 for main NCM production (which is when we will prob be closer to 100% NPV if I recollect?). So while the delay (& drop in sp) has been disappointing & most of us wish we sold in that 70-80 range to buy back, it’s hindsight now. I suppose while it’s been an opportunity cost, the risk reward is still good (if not better than it was if buying in 60s/70s) as downside risk is 34 (-20%) & upside to just 84 is 100%.

we still have a long way to go before bsx’s exploration rise ends. Each of those above de risking events will add 5-10% to our mcap & CV would/could be a nice add on. It should get to that 800m-1b mcap figure (H1 next yr between FID & construction start) ie around $1.6-$2 or so.
So while the delay & drop in sp has been disappointing, it’s still in exploration phase for another 12-15 months for more upthrusts till it gets furter de risked.

once that happens is when am expecting speculators to leave for a sustained dull period during construction till
it gets close to production when interest is back up again & ppl start doing ebita potentials etc.

I’ve erred in by not selling the highs in Jan, then erred in holding it through this 50% retrace. Now if I sell this 34-42 area that’ll be the biggest error of it all. So will be patient to ride it out till H1 next yr & hopefully sell some some
parcel when euphoria returns post these events.

will still hold some long term as still believe in the “story” & do think while there is inherent risk, of they get it right, will be looking at dividends like fex had when the time comes for those of us that got in the 40s it’l be sweet (hopefully).

Expand

I agree. There’s also a chance nickel price will go much higher than anticipated.

BSX Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ASX Market Open: Futures down almost 0.25% on negative data from China

BIO

Biome posts record sales revenue of $13M in FY24 – up 80% vs pcp and higher than forecast

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

TYP

Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first

There are more pages in this discussion • 36 more messages in this thread...

First 83 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 4.7¢		Change 0.000(0.00%)		Mkt cap ! $24.69M

Open	High	Low	Value	Volume
4.7¢	4.7¢	4.7¢	$5.93K	126.1K

Buyers (Bids)

No.	Vol.	Price($)
2	67328	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	93049	3

View Market Depth

No.	Vol.	Price($)
2	67328	0.044
2	46510	0.043
1	100000	0.042
1	15000	0.040
1	75500	0.039

Price($)	Vol.	No.
0.048	93049	3
0.049	135108	3
0.050	59254	5
0.051	70000	1
0.052	253414	2

Last trade - 11.07am 01/07/2024 (20 minute delay)

BSX (ASX) Chart

Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-83

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ASX Market Open: Futures down almost 0.25% on negative data from China

Biome posts record sales revenue of $13M in FY24 – up 80% vs pcp and higher than forecast

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-83

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ASX Market Open: Futures down almost 0.25% on negative data from China

Biome posts record sales revenue of $13M in FY24 – up 80% vs pcp and higher than forecast

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News