Coffee with Samso

ASX Nickel Explorer Closing In On Generating Billions From Mining Nickel And Producing Cathodes.


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Scott Williamson, Managing Director of Blackstone Minerals Ltd (ASX:BSX) returns today on Coffee with Samso Episode 131 with insights about the release of their Pre Feasibility Study.   The time has finally come for the Blackstone story to move to a stage where investors and shareholders can feel some level of comfort. The Prefeasibility Study (PFS) is a major milestone for the company as it makes it way to becoming a nickel miner and a producer of battery cathodes.   The PFS is basically the script to what the end goal will look like in 2025. The next stage of the Definitive Feasibility Study will only differ marginally. - Scott Williamson   It has been a while since I last spoke with Scott Williamson and in this episode, we explored the meaning and workings of the PFS. As one of the major steps in the journey, I wanted Scott to talk to us and explain what all the facts and figures mean for the company and shareholders.   This episode is what we have been waiting for since the Scoping Study which we talked about in a Coffee With Samso : The First Step in Creating a Green Nickel Mine - Blackstone Minerals Ltd (ASX: BSX) which was back in 2020.   When we look back at the very first episode: Blackstone Minerals Limited - Not just mining Nickel, Scott has delivered everything he has spoken about over the time. This new step is again another bold step in the Blackstone journey. However, I feel that this step is probably the last step where shareholders can jump on this story are a "cheap" valuation.   It is this thought that I urge readers to Do Your Own Research and decide if this is a good place to put your hard earned money.   Tune in to find out if we are overdoing ESG.   Chapters   00:00 Start 00:20 Introduction 00:50 Scott updates on the PFS. 02:40 CAPEX 03:23 Good Payback and Margins of the Business 05:11 The Coop Story. 06:40 What does the PFS mean for shareholders? 09:12 Can Investors take the PFS as a Green Light. 11:12 Where does the Ta Koa Nickel Project compare to world standards? 14:13 How feasible is 2025? 17:01 The 50% third party Feed- Will that be a problem? 19:32 ESG compliant feed. 20:24 Timeline for Mining and Refinery. 21:14 Is there pressure to start earlier? 22:48 What is the mineral resource coming along? 24:49 What are the Challengers for Blackstone? 26:58 What could derail the Blackstone Story? 28:26 What are the Brokers/Funders saying? 30:33 How are shareholders taking the PFS and How should they take it? 33:25 Raising 850M should be easy. 34:26 Conclusion
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