I dont think cxo is over valued. Esp with almost 10 million in cash and various potentials to drill..
I reckon BGS is crazy undervalued for various reasons other posters trying to explained.
I remember during the mining boom when SIR hit the jackpot.
mAT, Bux etc just for having a tenament close by or of “similar” poentia conductors.... Their market cap were already like 35-50 million.. Not even a single drill hole to prove there is anything...
Now we have lithium boom and just beggars believe that BGS is only 65m+ cap
With proven resource and already proven extension potential..
I wonder if bgs deposit were to be located in OZ will the market treat it so harshly???
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- Ann: Notice of Annual General Meeting/Proxy Form-BGS.AX
Ann: Notice of Annual General Meeting/Proxy Form-BGS.AX, page-46
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