BSX 0.00% 55.0¢ blackstone minerals limited

yeah but still way to go though- Updated MRE for the 5 current...

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    yeah but still way to go though
    - Updated MRE for the 5 current areas drilled (potentially 2 OP & 3 UG)
    - then the Upstream PFS
    - continue drilling existing areas & look into the remaining 20 areas + Chin Van
    - Pilot plant phase 1
    - U&D - DFS
    - Re-start old refinery
    - Pilot plant phase 2
    - Offtakes
    - JV
    - FID

    we’ve got about 6-8 steps & around a couple of yrs to ensure all other t’s are lines etc while they look to secure supply for the remaining 50%.

    but yes, I do admit, base supply is definitely the rate limiting factor with bsx (apart from lots of moving parts).

    I sill admire their plans though which are highly ambitious by every account & hope even if they achieve 75% of ehat they set out to be, metrics will still be pretty good come 2024-25 (& if nicel stays above this 20-21k we’re looking at a solid re rate over time).

 
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