Also worth considering what favourable outcomes could eventuate in regards to Michael's recent public connection with PLS.
PLS want to become a long term lithium powerhouse and BGS needs an expert mining team. Synergies much!
I think most BGS holders would seriously consider a 1 for 1 takeover offer from PLS should it be raised as a possibility.
It would be cheaper for PLS to buyout BGS and develop a standalone operation rather than target AJM for example and it would lend well to further expansion of new projects abroad.
BGS Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
