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aussieman

1,428 Posts.

162

24/07/18

11:32

Post #: 34533860
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Originally posted by elletas ↑

A lot of heat in recent discussions... I guess a falling SP will do that!
I see a few possible scenarios panning out.....

- AISC blowing out over next two qtrs with solid production #'s.... provoking a TO (at approx. $0.05) from an "experienced" suitor.
- Dixon gets outed (and about blxxdy time) and we get a temporary SP boost. The market will remain optimistic if transparency and achieving targets improve. Most of all it will buy time to get things right.
- BLK will be even sweeter a target with debt paid down.... if a year goes by I believe SH will take what they can get and move on and this will hamper true growth 0 due to the # of shares and Oppies on issue.

What ever pans out, if BLK are to improve something must change and if they think the management team that got us here can get us out... they are clueless. They need to convince the market that they are serious, trustworthy and most of all have a set so that they can make the tough calls! At the moment they couldn't run a tap!!

Expand

What they need to stop talking about is
The 6.0million tons at 3.grms a tonne
Figure that they flap around
Its a pie in the sky number
I do not know how asx lets the keep saying it ...
When they are currently mining 1.4 grams per tonnes

Start fresh i think needs to happen

Last edited by aussieman: 24/07/18

BLK Price at posting: 4.6¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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