BSM yearly chart 16 was a 3 year all time high. yellow lines mark date of Madag proposition and confirmation.
BSM has Asset Sales to partly fund this "Deal". Soon, this month a Broker's Report from Patterson's a leading resource speccie Broker will issue and BSM reporting by them "kick in"
IMO a New High of 2+ will soon eventuate.
Stratmin 1 year chart much more 'sad' trading at year and in fact ALL Time Lows.
Yes the UK Stratmin are rightly unhappy. But that's not BSM's problem.
ASX 'digs" Graphite,has at least a dozen in that Sector. UK only has Stratmin,right?
Anyhow BSM will "save" them. Jolt their Market Cap.
Oz from Perth the Company and Broker are on the job.
Ann: Bass to acquire 100% of operating Graphite Mine-BSM.AX, page-6
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