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DonaldFrump

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29/05/23

12:09

Post #: 68013045
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Originally posted by OldCar: ↑

I see HC has picked up the merged entity now. so welcome any KWR .. hopefully the promise behind the merger comes good and we get a kick along.

some Sunday night HC musings..

I own mostly boring stocks and a few outliers more fun which keeps me entertained. BTR is one of those but like all my interesting ones they either crash and burn spectacularly or turn into 10 baggers..

I've been here a little while. from BTR holder perspective the new md (whilst still to get the runs on board ) is breath of fresh air. last md ... well we will just leave it at that! .. the new guy least has the passion for the company it seems and is getting out and about. personally worry about the lack of management depth but if he can surround with quality people might solve.

my thesis with this stock, is if only we can get this plant producing profitably then we should have a market cap in the hundreds of millions like few others in the space atm. it's as simple as that.
other similar stocks I'm in (alto , zenith, mat as example) need a processing plant. they are good at burning money, few get a few results but basically zombie explorers.. but a plant these days costs $80m plus or even $150 if getting up in size.
so the big opportunity is if BTR can get enough resources, carve out a reserve that feeds the plant for next few years, (and doesn't F it up along the way) this could turn from $20m to $200m company. and beauty is , it won't cost $80m to build a new plant. even if was double what Como said would be , who cares. way less then $80m.

so things Im looking out for:
- the plan for how KWR reaources can be utilised, toll treat or come around to plant ? mind still is questioning that jv (?) also how we can grow alpha or cork tree. atm they aren't advanced enough it appears to mine (?)
- more resources. either bolt on (the area is starting to get a lot of consolidation interest, see sbm, DCN, so move first I'm thinking) or drill ours out on our combined leases. aim is so we have enough to justify starting the plant.
- plant refurb cost ? and how to fund it and when we can start mining and producing. what's the time line? I assume we can't just start tomorrow.

so a fair bit of work to be done. going to be interesting some see how they get into it.

oh and btw , please don't F it up. i already have enough tax losses...

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serious question ------> why did you think they needed KWR to hit any of the milestones you mention?...please don't say ore - ain't no way trucking ore over hundreds of KMs is going to work.

BTR Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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welcome KWR guys.., page-5

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Emerald & Azure score Digger & Dealer awards

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Bitcoin: Current State of Play & Where to Next | Swyftx

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

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welcome KWR guys.., page-5

Top Stories

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Emerald & Azure score Digger & Dealer awards

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Bitcoin: Current State of Play & Where to Next | Swyftx

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News