Great presentation and really exciting future for Blackstone.
Vinfast are fast moving and committed with 30 plus Billion cash behind it. E.g Battery plant commissioning within 12 mths is impressive.
Once other Major south Korean partner (LG) gives green light on announcement this company will be de-risked.
- Operation is robust, business can survive a low Nickel price if that ever happened, buy 3rd party feed and sell at premium- Tick
- Product flow sheet is also flexible in that if a significant change in chemistry for cathodes occurred Blackstone can tailor and meet new ratio e.g NCM 9,1/2,1/2 - Tick
- Foundation set for a ESG compliant company, ready to meet future mandate and open to premium price tag for ‘green’ product. - Tick
- Vietnam government is providing pathways to success for business like Blackstone with tax incentives, 0% tax for first few years and maxing out at 20% at end of project life, incredible. jurisdiction- Tick
List goes on, buying at these prices is an absolute steal IMO
BSX Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
