BSX 4.88% 4.3¢ blackstone minerals limited

BSX Day to Day SP discussion, page-3374

  1. 203 Posts.
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    Very good question Intell.

    I would expect that up to MRE & PFS stage BSX covered all necessary expenditure.

    Post MRE & PFS disclosure is when my expectations are that partner(s) like the one sitting pretty on our board (Ecopro) make a solid financial commitment in a joint venture taking the project through the necessary phases of development as a JV to eventual production. Unless there is significant execution risk in the form of new technologies being tried.

    If SW does not get the next batch of funding $$$ directly from partner(s) via a down payment on an offtake but once again try's to rattle the tins at Shaw Stockbroking at current SP levels or even 100% premium to current levels then he has completely failed in his obligations to manage this company effectively. Time will tell.
 
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