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6.25% 3.4¢ blackstone minerals limited

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  1. Tomisdc
    181 Posts.
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    19/01/24
    10:29
    Post #: 71958946

    Nickel produced in high labour cost jurisdictions such as Australia falling out of the market isn't necessarily a bad thing for BSX. Standard economics would dictate that as these producers mothball their plants, the supply in the market will fall leading to upwards pressure on nickel prices. On a longer investment horizon however, the nickel futures for 2026-2027 would be more indicative of the potential of this project as a refinery doesn't get built overnight.
    BSX Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.4¢ 		Change
0.002(6.25%) 		Mkt cap ! $18.04M
Open High Low Value Volume
3.2¢ 3.5¢ 3.2¢ $798 24.82K

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Price($) Vol. No.
3.6¢ 136000 1
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