BSX 8.33% 4.4¢ blackstone minerals limited

Ann: Blackstone Makes Strategic Investment In NICO, page-74

  1. 5,083 Posts.
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    It's not really a delay however, down-rampers just paint it as such because it's a massive positive they want to take maximum advantage of.

    The initial projected timeframe, from years ago, was for a very different refinery and concentrator. Now we are budimg somethimg much, much bigger.

    As it is a different and much larger refinery than that envisioned in the initial projected timeframe it obviously will take longer to construct and add significantly more value to the business. It isn't a delay because the refinery suggested in the first instance clearly is not being considered any longer. Think of it as upgrading plans for a block of land to building a skyscraper instead of a townhouse. Different and more lucrative plans, not a delay. Downramping, not substantial holders exiting.
 
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