BKY 0.00% 34.0¢ berkeley energia limited

News: BKY Berkeley Energia Says Co Has Been Awarded Exploration Licences, page-9

  1. 891 Posts.
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    Agree gents, just be 'cognisant' of 'sovereign risk' as such, Spain's political environment has been on a 'knife-edge' for a number of years, so perhaps consider that risk when 'allocating' capital to BKY...

    While it has some good 'prospects' there are some 'major' political-hurdles to overcome...

    I'm starting to think BKY may end up having to 'strategically/politically' go down the 'battery and EV' metal-road initially, and once proven to be a 'trustworthy' operator, the government and surrounding 'noise' may have a better appetite for the Salamanca U project...

    I'm waiting to hit the ~A$0.50 mark, just to 'rebalance' a little, as I probably went a little 'overweight' initially, not considering the 'political' turmoil may 'drag' longer than I wanted the 'trade' to last, although still happy to hold at 'appropriate' levels...

    ML
 
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