Mine Develooment Director Required?, page-9

  1. 621 Posts.
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    Great post @boy1, however I don't agree.

    60M market cap in April, July and October. 'Spare change from $100m’ to get the lithium plant in production.

    This is a take-over target, whether we like it or not. The winner of the bidding war decides development and mining strategy.

    So I agree with @DiamondJoe. Drill drill drill and put this beauty up for sale.

    Now the big question is: how eager is the market to acquire this beauty? And how much does the market want to pay for a deposit that can easily stay profitable during an economic downturn?

    Last but not least: I think management should sell and cash in 2017. I don't trust the global financial markets at all and the sooner a profitable deal for the lithium deposit is done, the better IMO.

    Not to mention the fact more and more economic deposits will be discovered in 2017 so competition will increase. Some large holders who sold BGS lately and bought other stock(s) know perfectly well what I'm talking about...
    Last edited by greenmetals: 22/10/16
 
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