Today I was asked by several people whether I’d be trying to get my hands on some stock in this placement. “Of course” was my reply - BGS is easily the best risk/reward lithium stock on the ASX IMO. My understanding is this will be heavily oversubscribed. Should do very well once expectation of a capital raising is removed. Who else has high quality spodumene offtake available late 2019 with no deals yet?
BGS Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held