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

BSX

Click for more information

3.57%

2.9¢ blackstone minerals limited

Ann: Blackstone Strengthens Team to Build Ta Khoa Nickel Project, page-12

First 12 Last

Share
Profile

Follow
Seth Davis

8,460 Posts.

2783

29/10/20

17:46

Post #: 48500988
Share

Originally posted by Investsavvy10: ↑

He's definitely looking very closely at getting the existing plant infrastructure up and going but increasing the throughput to 1 million tonnes instead of the 450-500 kt capacity. Today's announcement is the first steps to achieving this near term outcome. Its estimated around $20 million in Capex costs which is nothing considering they have significant cash and a finance facility of $10 - $15 million as well. That would be a massive win for share holders in my view and based on that alone would re rate the company significantly as a very near term producer. There is no reason why BSX can't take advantage of the current nickel price maximizing the massive sulfide zones while they tick the boxes of the much larger project in due course.

Expand

Should be good for 15Ktpa Ni in concentrate, next step, get the Vietnamese government to approve export without tariff until the downstream processing plant is built - then it'll be on like Donkey Kong!

BSX Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

CHR

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

SPR

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

RNX

Renegade hits best pXRF copper reads yet at Mongoose, part of QLD Cloncurry project

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 22 more messages in this thread...

First 12 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 2.9¢		Change 0.001(3.57%)		Mkt cap ! $15.39M

Open	High	Low	Value	Volume
2.8¢	2.9¢	2.8¢	$4.429K	155.3K

Buyers (Bids)

No.	Vol.	Price($)
2	69839	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	317349	3

View Market Depth

No.	Vol.	Price($)
1	60698	0.029
3	83919	0.028
3	374074	0.027
2	345578	0.026
7	262000	0.025

Price($)	Vol.	No.
0.030	317349	3
0.031	60985	2
0.032	39656	1
0.033	209309	1
0.040	19998	1

Last trade - 10.58am 07/11/2024 (20 minute delay)

BSX (ASX) Chart