BM8 is listing today at 10am AEDT with their Falcon Lake lithium project, right next to GT1 in Ontario, Canada. They’ve already have a couple of hits:24.4m at 1.48% Li2O from 10.9m; includingo 9.0m at 1.95% Li2O from 20.4m in drill hole FLDD006; and• 21.7m at 1.09% Li2O from 48.0m; includingo 7.9m at 1.31% Li2O from 49.8m in drill hole FLDD001.BM8 has legendary PLS project manager Gerard O’Donovan as CEO, who led the development Pilbara Minerals’ Pilgangoora lithium/tantalum mine and processing facility. If there’s a worthy deposit there, this guy will probably find it. I’ve been a holder/trader of GT1 since IPO, but I’ve always hoped they’d get a much bigger resource before development. I think at some point they’ll have to acquire surrounding deposits, and at an $18m EV - BM8 seems too good to pass up with the outlook of an acquisition.62 Capital’s Sufian has dropped $1m into BM8’s IPO.
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Open | High | Low | Value | Volume |
9.1¢ | 9.2¢ | 8.9¢ | $17.29K | 191.5K |
Buyers (Bids)
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1 | 49174 | 8.9¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 49174 | 0.089 |
2 | 15812 | 0.086 |
2 | 41000 | 0.085 |
1 | 11800 | 0.084 |
1 | 474 | 0.081 |
Price($) | Vol. | No. |
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0.093 | 15649 | 1 |
0.100 | 203478 | 2 |
0.105 | 179332 | 2 |
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0.115 | 85526 | 1 |
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