think on the Bkt reseatxh there is Macquarie blue ocean and MST...

think on the Bkt reseatxh there is Macquarie blue ocean and MST estimates around this. like you the figures I have been getting aren't stacking up vs risk unless graphite does a
lithiumesque move in pricing then it's a different story. originally at around this price 3-4 years ago when posco first bought in this looked like a 25bagger minimum but in time with the delays the extra capital raises the change in strategy inflation , price if debt and little movement in the graphite price this looks a Disallowed max to me. plenty of dilution good for posco and management not so shareholders . mine fully operating in 10 years the Big Mac bank thinks. JDV would be a genius if as promised the delays have been due to maximising shareholder wealth. let's wait and see ... how long first and then the outcome . Good luck to the the BKT family as always