I agree Paul, it's a good idea because they want to severe ties with the last 2 boards, who the Malian government may have been somewhat indifferent to (or at least, not friendly with).
It's a good idea for the new board and CEO to create their own identity now, and it's good that the directors feel so strongly about it.
I really don't care what the name is, but I liked the more generic "minerals" in the title, rather than "lithium", but it's such a minor point that it won't matter in the end.
The last board missed a great opportunity to spin out the gold assets, but I suppose they were just too busy stripping the company of it's funds to get around to it.
It would be great if BGS achieved a really close relationship with the Malian government and business, and I think this is what the new board and CEO are intending, so good on them.
Gw
BGS Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
