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3.45% 3.0¢ blackstone minerals limited

After seeing the above videos from Wilma, I think I've got the...

  1. astavrou1
    1,689 Posts.
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    26/11/19
    14:59
    Post #: 41639643
    After seeing the above videos from Wilma, I think I've got the idea. It's mostly a matter of optionality. They could do the mining and beneficiation of the ore in order to sell it and got the cash flow but this would mean a big loss from the 20%+ export tax plus a much lower price of not turning this concentrate into a nickel sulphide which is a direct battery metal that offers a big price premium.

    Thanks for the previous answers as well guys!
    Last edited by astavrou1: 26/11/19
    BSX Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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