Well, I realise that Bass has been highly successful at not exceeding investor expectations, lol.
So the Bass threads on HC are looking as bare, empty and unpopulated as the salt lake they are planning to explore at San Jorge.
However, the rush for more graphite and lithium to feed the EV and battery boom is still in its early phases. If Bass can survive long enough, their graphite (and possibly Lithium) at Madagascar will be worth multiples of the current market cap. It would help if Madagascar could get on top of Covid, of course.
The San Jorge Lithium project in Argentina gives them a second option. The exploration results will be interesting.
Argentina seems to have fully vaccinated 11.1% of its population so far - slightly ahead of Australia....
So - highly speculative and high risk. I do appreciate that a lot of ppl have lost $ on Bass and bailed out for good reasons, but at current prices the potential rewards could be very good. It's still a modest buy for me. This will require patience and a "high tolerance for ambiguity." 50:1 consolidation coming up also...
Cheers
Dave
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