BSX 0.00% 2.8¢ blackstone minerals limited

I said set the chart to 12 months and that still applies. Im...

  1. 272 Posts.
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    I said set the chart to 12 months and that still applies. Im happy to wait until 2025 for my returns. I'm not here for the 30-75% swings trades, I'm here for value realisation of the project eventually being delivered on. 12 months delay is fine as long as the financials still hold (which they do currently with nickel at $24,000t and annual CF of 2x MC on DBU and payback of 1.5 years). The opportunity hasn't changed. the project will be funded. Only the timeline has changed... that was expected given the upsize to 8mt on lower grade and that was known weeks ago. near sighted investors can panic and sell out, that is great, ill buy more. the nickel market will be in short supply by 2025 and an extra year should see spot prices higher and a clearer picture of project NPV. Come message me in 2024 on this one, not in 2 weeks.
 
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Mkt cap ! $14.86M
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3.0¢ 3.0¢ 2.8¢ $7.417K 255.2K

Buyers (Bids)

No. Vol. Price($)
1 19331 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 50000 1
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Last trade - 15.59pm 15/11/2024 (20 minute delay) ?
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