I invested early on in BKT but haven't followed them for last couple years. Some on their forum are talking about binding Chinese offtakes but there's also hope for LG or POSCO involvement. Their investor presentation says they are backed by POSCO. BKT also recently signed mining services contracts recently. AISC of US$518/t. It looks like they are not producing PSG. 95 – 99%+ TGC purity59% +80 mesh, 41% -80 and majority is large flake
IG6 has had a bit of SP bump after announcing PM's visit yesterday. Never done any research on them.
BKT sounds plausible but they are not direct competitor unless POSCO is only interested in flake products not PSG.
Was really expecting RNU to be first cab off the rank. Will continue watching to see where this goes.
RNU Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
