Comparison between KDR & BGS, Fully diluted market cap: - KDR...

Comparison between KDR & BGS,

Fully diluted market cap:
- KDR $75m
- BGS $71m


Assay results:
- KDR with deeper resource



- BGS with shadow resource


BGS: An initial Exploration Target at Goulamina is estimated in the range of 15Mt to 18Mt at grades between
1.8% and 2.2% Li2O (see ASX release 2 March 2016)*. Mineralisation remains open along strike in outcrop
and geological evidence suggests strike extensions are likely beneath shallow soil cover. For
perspective, hard-rock deposits which are currently under development host resources in the range of
16Mt at 1.1% Li2O (Mt Cattlin, Galaxy Resources) to 23Mt at 1.4% Li2O (Mt Marion, Neometals).

BGS just raised $5m, fully funded for evaluation program.