Scott has put his foot in his mouth again, discussing partnerships and funding with media before it is signed and announced.
Fidelity have gotten wind and started to dump.
Now there appears to be a slight hiccup in the sign off and again the credibility and reliability of the company is put in question.
If the MOU has been signed with VinFast it is great for BSX, they have huge sway in Vietnam and could be vital in unlocking access the other deposits (eg Chim Van).
Hoping that it all comes out positively, but the method that Blackstone has followed recently to release news (the timeline change) has been sub-par.
Listening to the Coffee with Samso - the first phase of the pilot plant has been completed producing MHP. The second phase is estimated to take 34 days. We should expect results in late July.
Overall, with the derisking steps being competed, the value of the infrastructure, the resource size, jurisdiction and now potential MOU I still believe BSX is very undervalued at the current market cap. DYOR.
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