Thanks everyone for the great comments and thoughts, but there seems to be a lot of people not thinking about what the announcement actually states..............
"The trading halt is being requested pending the announcement of a company update including an offer received for its Lithium asset. "
An offer received for it's lithium asset.
That to me means someone has offered to buy it, without a definition of "it".
I'm not expecting a JV or a counter offer or any other possibility, just a number to buy the lithium asset, and the asset is the tenement it is on, that BGS own, and possibly all the lithium tenements. Hopefully we all find out in the morning.
BGS Price at posting:
33.0¢ Sentiment: Buy Disclosure: Not Held