BKT 3.57% 5.4¢ black rock mining limited

@pippet, I love your enthusiasm but dbd has a valid point. No...

  1. 163 Posts.
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    @pippet, I love your enthusiasm but dbd has a valid point. No one is expecting a mine in Africa to go exactly to plan, the frustrating part is the repetitive slippage on the same milestone. I am an executive for a multinational company, if I say something will happen within the short term (within the quarter) and I miss once, I won’t get into too much trouble but if I keep saying something will happen this quarter (ie within weeks) and I miss that commitment 3 times in a row (yes, we t it commitment not target in my company) I would absolutely lose my job.

    I am reassured not by BKT words in the quarterly but by them mandating Macquarie - only recently to start the partnering market scan and come up with a funding / partnership strategy.

    The share price has been disappointing but I’ve been using this to DCA and won’t be selling until this thing starts earning money (2026 is my guess). I hope you would take this comment as constructive as it’s intended to be and won’t ask me to sell out and go home too

    Good luck to all the believers, our day will come
    Last edited by CapitalGains123: 24/08/23
 
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