Ann: Quarterly Activities Report, page-20

Grown impressively?,, The market has knocked the SP backwards by more than 50%. Oppies are stuffed and a CR on the way.

Also, Love the way you casually state they are ramping up to 20,000 tonnes. To do that, they have to design a whole new plant, admittedly some plant is bolt on,  erect it all whilst still producing,( no mean feat IMO) commission it and then go through another ramp up phase like the one we are going through and they haven't even had 12 months of meeting 6000 tonnes yet. Let alone thinking about expandable graphite. Admittedly they appear to be farming that out.

They may have learnt a lot, but my bet is they won't be on their stated schedule for 20000tonnes, which has already been pushed back once.

Personally, I have done well out of BSM, but my recent purchases are all behind and it's hard to see at what point it will turn around now. It would be nice for a change to get an announcement that delighted the market.

Forget the Lithium, IMO that will be a big yawn to the market.

Where is the catalyst??