FFX 0.00% 20.0¢ firefinch limited

BGS Massive Breakout ALERT

  1. 2,216 Posts.
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    BGS breakout a close above the previous high confirms a target .66c/sh.

    At .66c BGS only has an MC of $115m.

    Gold: Impending deal, with at least $300m of profits ready to be mined (significant exploration upside and likely further ounces).

    Lithium: A hardrock spodumene resource of likely 40Mt at 1.8% (including ~ 10-15Mt @ 2%).

    Peers:
    PLS - $586m MC
    GYX - $590m MC
    AJM - $172m MC
    KDR - $175m MC

    Newsflow:
    Rest of the DD holes.
    JORC resource for the lithium.
    JV for the lithium.
    JV for the gold.
    Takeover @ $1.5/sh.

    Chart: textbook breakout

    upload_2016-9-21_14-18-3.png

    Seriously undervalued.

    GLTAH.
    Last edited by notlistening14: 21/09/16
 
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