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4.76%

6.0¢ black rock mining limited

i'm happy as long as it's not a takeover, it's the bane of my...

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unicorn147

145 Posts.

15

28/12/22

14:08

Post #: 65459695
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Originally posted by shitforbrains: ↑

I am open to other people's opinions if they can back it up. Like I said BKT SP may drop further but the problem is that others will think that there is some sort of logic and reasoning to the lines on his charts rather than "guessin" and a vibe.

At the current SP, BKT is valued at approx 6% of NPV. To me this is a very attractive risk vs reward proposition especially as they have all approvals in place and a good relationship with Tanz Gov.

How they acquire the funds for the construction will be the next big question: JV, takeover, capital raising / dilution, finance debt/loans. BKT have stated it is targeting 50% debt funding (from memory). This could come from a JV partner.

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i'm happy as long as it's not a takeover, it's the bane of my existence, you find a great stock, build a position and then get forced out by the big end of town, paying a slight premium to trading range, but just a fraction of real worth, before the wider market understand what's really at play. it has cost me a fortune over the years, fingers crossed we all get to cheer BKT over the finish line as it's last module comes online at some point in the future..

BKT Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.0¢		Change -0.003(4.76%)		Mkt cap ! $75.10M

Open	High	Low	Value	Volume
6.1¢	6.1¢	6.0¢	$25.25K	418.9K

Buyers (Bids)

No.	Vol.	Price($)
2	464163	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	62500	1

View Market Depth

No.	Vol.	Price($)
2	464163	0.060
4	619701	0.059
1	182758	0.058
1	15000	0.056
6	236720	0.055

Price($)	Vol.	No.
0.061	62500	1
0.062	10000	1
0.063	135654	1
0.064	87720	1
0.065	143970	3

Last trade - 13.34pm 26/07/2024 (20 minute delay)

BKT (ASX) Chart