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3.7¢ blackstone minerals limited

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subi1

8,570 Posts.

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14/05/24

22:22

Post #: 73824553
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Originally posted by goldfan: ↑

There are 5 major catalyst that shareholders must remember:

1 - JV partners are going to earn up to 49% of BSX registry and they must make sure shareprice dont run up prior to finalising the agreements. They are going to take a big shunk of the equity plus inject money.

2 - Most investors panic on a double bottom and sell at any major run up. Creating opportunities to any interest parties to accumulate later on

3 - 50% of Management salary from Jan to June to is going to get paid soon in shares (cheap shares)

4 - CaNickel Mining on the execution of sale agreement (after JV raise) to receive $10Million in BSX shares bases on 10 day average

5 - BSX sunk cost into the project is huge. Cost to replace all assets and advanced projects is way bigger than market cap.
making the company an easy take over target.
JV partner may look and say, what if we buy the whole lot for xxxM

And these make it an easy investment decision to buy low, and wait to see how it plays out after June

Expand

They will earn 49% of the project but not the company from my understanding. Where did you get the idea they would own 49% of BSX issued shares?

BSX Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.7¢		Change 0.008(27.6%)		Mkt cap ! $19.53M

Open	High	Low	Value	Volume
3.1¢	3.7¢	3.0¢	$33.11K	1.031M

Buyers (Bids)

No.	Vol.	Price($)
1	1014	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	19998	1

View Market Depth

No.	Vol.	Price($)
1	1014	0.031
3	382000	0.030
3	379999	0.029
5	491714	0.028
1	100000	0.027

Price($)	Vol.	No.
0.037	19998	1
0.038	62362	1
0.040	89173	3
0.043	69700	1
0.047	20000	1

Last trade - 16.10pm 07/10/2024 (20 minute delay)

BSX (ASX) Chart