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10.0% 2.7¢ blackstone minerals limited

I love how Scott says with a smile that there are 20+ other...

  1. binwood
    9,046 Posts.
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    22/11/19
    16:20
    Post #: 41583379
    I love how Scott says with a smile that there are 20+ other targets to drill after Ban Phuc

    @Seth Davis has mentioned it a few times but this could be much more than a 10-20 year mine.

    Scott says they are looking at 10kt of Nickel a year, 10 years at that run rate is 100kt of Nickel. At 1% Ni that is only 10Mt of ore. We will hit the 20 year LOM from Ban Phuc alone IMO.

    This will be increased in scale or a multi-generational asset.

    Ramping hat off hahaha
    BSX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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