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20.0¢ firefinch limited

Current SP and any other thoughts, page-2465

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dazaliam

6,272 Posts.

2029

21/05/19

13:18

Post #: 38668654
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Originally posted by jakers ↑

So Bacanora has let Gangfeng take 30% shareholding for circa $14m, and an opportunity to purchase up to 50% of their clay sands project.

If a similar deal came over to BGS, what would your views be? Also what sort of deal would you want, taking into consideration other financing deals for li companies this year?

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BCN (5Mt indicated) - 30% for $14m = 1.7Mt/$14m

BGS (+100Mt indicated) = approx. 60x$14m = $840m =+$3 SP

Hmmm, tempting imo (all very approx, very early here)

BGS Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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