BSX 11.9% 3.7¢ blackstone minerals limited

It looks like Trident is starting operations at the mines this...

  1. 5,067 Posts.
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    It looks like Trident is starting operations at the mines this year, and if they're looking for experienced & reliable, ESG focussed, local contractors/partners then BSX may potentially be in a position to establish a source of income or even investment while we await the DFS and FID on Ta Khao. We do have an operational concentrator that needs to find a new home and an idle local workforce. It is reassuring to see that Trident is a Korean company with an American at the helm given the high level Vietnamese leader who was asked to resign recently was concentrating on establishing partnerships with Chinese companies to exploit Vietnams reserves of rare earths. They have picked up only 20% of the Dong Pao mine here so the remaining 80% may even still be auctioned off at some stage, it's good to see them making decisions and taking steps forward at any rate. BSX does need income and any positive developments should see our MC rise from this horrific level before attempting to raise capital in future. Wonder what they're saying about it on the ASM threads
 
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