yes fully agree with you. Ecopro out was written between the lines on the project delay as it no longer aligned to the timetable need. The market cap collapse was due to unknowns on funding partner and the need to upscale the concentrator. Once partners become known again and self funding of upstream occurs, the market cap goes back to ~$300m IMO.
Yes, has been ample accumulation period. BSX is in a better position now than at 80 cents. with a switched on CFO looking at funding options, SW working on partnerships, pilot plant looking good, strong relationship building with local government/vinfast/3rd party. i feel in 12 months i will look back and think why was it so undervalued for so long (other than doubt, fear and registry rotation)
New partner will clearly take a large position of downstream to justify the funding. looking forward to the near term announcement.
BSX Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
