talk about trying to play catch up football, too little too late fella's
I've crossed out the bits below that are irrelevant to anyone who paid more than 30 cents, and the bits that are null and void considering they just tried to sell it off on the cheap for a quick buck for themselves without doing the proper due diligence and whilst knocking back offers to bring in other bids.
In the past 12 months the current BGS Board has:
1. Acquired the world class Bougouni Lithium Project (“Project”) in Mali.
2. Delivered a Maiden JORC Resource of 15Mt at 1.48% Li2O positioning the Project as among the highest grade lithium projects in the world today.
3. Advanced our valuable gold assets towards likely near term cash flow.
4. Increased the Company’s market capitalisation by ~$50 million.
5. Delivered share price growth of over 500%.
6. Completed a Scoping Study and commenced the Pre- Feasibility Study (PFS) at our Project.
7. Secured two memorandums of understanding with multibillion dollar Chinese groups with potential strategic downstream significance to BGS’ commercialisation strategy.
8. Attracted a $107m cash offer for the Project, subsequently terminated by BGS due to failure by the counterparty to meet strict conditions precedent.
9. Progressed recruitment for best-in-class mine developers and operators as we progress to production.
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Ann: Notice of General Meeting/Proxy Form, page-3
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