BSX 5.71% 3.3¢ blackstone minerals limited

That's the only issue with LEG, success is mostly priced in....

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    BSX's market cap won't be 230m$ post raise.
    268m shares + 50m from raise = 318m shares.
    318m×0.435$ = 138m$.


    That's the only issue with LEG, success is mostly priced in. Early holders have done well.

    ~450m$ fully diluted market cap while only owning 70% of the project give it a 640m$ valuation at this early stage which is already over a third of what has been (over)paid by IGO for Nova.

    There might still be some more upside but not that much relative to other explorers.
    Last edited by BobbyMorane: 16/09/20
 
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