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[IMG] Technically it still looks good to me. If the SP goes up,...

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atari2600

1,336 Posts.

12/07/16

18:51

Post #: 18253029
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Originally posted by cyprea ↑

Thought I would start a new thread, after a day of fantastic results, but disappointing SP trajectory, which is what we're all here for.

We now know we have grade and thickness, the announcement alludes to excellent continuity, but given our markets reaction - where to now ?

Let's have some discussion about where to from here for BGS, I think @blastfurnace and less notably myself have provided hand on heart advice about the geology and where that looks likely to lead BGS in terms of some real resource upside, I'm keen to hear thoughts on;

1) technical analysis around reaction todays announcement
2) are we set up for a run now, or will adverse nerves / sentiment drive us down ?
3) the broader picture, off-takes, capex and opex drivers in Mali and for the exploitation of a mine - how do these stack up for us ?
4) delineating (non resource for now) critical points of difference between BGS and other potential Li mid-tier explorers ?
5) actual hard evidence on what transpired today and what that tells us about our market.

Cheers All

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Technically it still looks good to me. If the SP goes up, that will be good if it goes down - I will be most definately topping up. Either way win/win for me

BGS Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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