BBX 0.00% 24.0¢ bbx minerals limited

This thread's getting a bit weird but I imagine it panning out a...

  1. 4,791 Posts.
    lightbulb Created with Sketch. 385
    I could flesh that out a bit:

    The world's largest copper smelter produced 900kt of copper in 2014.

    Assuming 30% Cu in the concentrate that's 3Mtpa of concentrate processed.


    This thread's getting a bit weird but I imagine it panning out a bit like this. All IMO:

    1. Permit and assay method due soon. SP goes up;
    2. Drilling results for 37 holes released as they come in over 2-4 months. Institutions start buying. SP goes up and up and up;
    3. First gold bars from testwork: SP goes up bigtime;
    4. Drilling results --> JORC: JORC allows institutions and producers to start buying big: SP goes up bigtime;
    5. 2tpd pilot plant cranks up: SP goes up bigtime;
    6. CR for commercial plant happens in a blink from institutional placement at <1% dilution and a very high SP;
    7. Plant build commences;
    8. More resource definition and grade control drilling;
    9. We go mining, stockpiling ore;
    10. Production!
    11. Order supercars. cool.png

    Remember, 10% free float. There's gonna be a hell of a fight for those shares.
 
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