Australia's largest stock trading and investment forum Australia's #1 stock forum

BSX

Click for more information

2.22%

4.6¢ blackstone minerals limited

They will earn 49% of the project but not the company from my...

First 2717 Last

Share
Profile

Follow
subi1

8,511 Posts.

905

14/05/24

22:22

Post #: 73824553
Share

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
1 Upvote

0 Great analysis

Reply

Top Stories

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

ASX

ASX explains: How 'futures' are predicted

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

GMD

Genesis set for higher gold production in FY25 and earlier mill start

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

There are more pages in this discussion • 208 more messages in this thread...

First 2717 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 4.6¢		Change 0.001(2.22%)		Mkt cap ! $24.28M

Open	High	Low	Value	Volume
4.5¢	4.9¢	4.5¢	$7.736K	162.9K

Buyers (Bids)

No.	Vol.	Price($)
1	35000	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	1498	1

View Market Depth

No.	Vol.	Price($)
1	35000	0.044
1	100000	0.042
1	250000	0.039
2	63569	0.038
4	64650	0.035

Price($)	Vol.	No.
0.046	1498	1
0.048	20625	1
0.049	100000	1
0.050	125000	2
0.052	20000	1

Last trade - 15.45pm 02/09/2024 (20 minute delay)

BSX (ASX) Chart