Hey mate,Here we are valued at US$9m which in my view assume no...

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Miningdoctor

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11/08/23

03:56

Post #: 69280354
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Originally posted by Dollars & Sense: ↑

@Miningdoctor any thoughts on BCT?

I noticed that Labcon was briefly mentioned as a partner, however not too much commentary around Fuji or Labcon... with Andrew stating that the primary focus is on delivering their own consumables, it could be speculated that he's already tempering expectations.

However, as @onmyway.. says, with the timeframe for Fuji supply agreement fast approaching, perhaps it is a matter of saying as little as possible until the deal is signed and delivered, and announced to market via trading halt.

There's one line that does give me some optimism - "we continue to hand in hand with Fuji..." (to deliver supply agreement). It's an interesting way of phrasing progress. 'Hand in hand' = closely connected (is that a cryptic attempt at saying a deal is close to finalisation...)

21 October 2023 is a long time to sweat with the success of this deal essential to keeping the lights on. Hopefully they are merciful and put us out of our misery earlier than October.

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Hey mate,

Here we are valued at US$9m which in my view assume no Fuji and a shell status. Reseting of expectations is always brutal and hopefully this is it as negativity is also at all time low. Seeing recurring sales in 4Q will be key to show the consumables model works, which i believe is the case. Fuji would be a timely positive announcement to enter 2024 with more capital and ability to grow and ramp up sales faster. What can not happen is doing raisings for 2-3 quarters and that's on the Board , which is also overdue for some new fresh blood that better caters for the new strategic direction pf the company. Remaining positive while sharing everyone else's frustation with the state of the share price.

BCT Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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