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6.25% 3.4¢ blackstone minerals limited

Could it be something to do with Ecopro? They've just entered...

  1. rick26
    5,328 Posts.
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    13/09/24
    23:55
    Post #: 75671283

    Could it be something to do with Ecopro? They've just entered into a JV with China's GEM to build a cathode factory in Indonesia to produce 'green cathodes' which may be IRA compliant according to this article so they are likely happy that the Australian nickel industry has shut down and BSX hasn't achieved success as at this point in time. They sold down their holdings here, never increased them from the initial investment and gave up their seat on the Board so they don't have anything near a blocking stake in BSX. They would be our competition, and that of the Australian nickel industry too. Do we need more Australian ownership on the register to get this project through?:

    EcoPro, China’s GEM to build cathode complex in Indonesia:


    https://www.kedglobal.com/batteries/newsView/ked202409090015
    BSX Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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