We are almost double the price from when the TH was removed when the BS RuiFu deal was announced earlier this year. So glad the BGS curse has been removed and that its true potential can now be achieved unimpeded.
Forget the SP per tonne comparisons by most people: these resources will have a limited LOM and a potential 100Mt for 15 years would be plenty big enough!
We should be at least at a $300M MC currently IMO based on peer comparison [not that may are shallow] so I'm looking forward to the upgrading of our JORC and reworking of the PFS.
Throw in an off-take agreement and $600M MC is a no brainer: let's hope James has this under control. Lithium still super hot and no obvious large supply to hit the market any time soon and Lithium prices looking stable for 2018.
I'm just so happy we have a clear/defined path forward with the necessary momentum and still plenty more SP catalysts.
Merry Xmas and no need to ask for luck in the NY!
BGS community is strong!
;D
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