Putting the boot in, page-33

Seems results are to far away to matter to investors ATM. Simply Wall Street has analysts estimate for profits as below.

Year ended 30/6/20 loss 34.1 mill​

Year ended 30/6/21 profit 43.1 mill​

Year ended 30/6/22 profit 53.5 mill​

Obviously no thought given to how close we are to Offtake and Financing and that we are likely to add significant tonnage to the existing resource.​

Also no thought given that Stationary storage likely to outstrip EV demand for Lithium.​

Market probably figures while sentiment is down plenty of time to get in.​

BGS has been in a trading range for some time now just like the US Lithium ETF code LIT. Just waiting the move up catalyst. Just a matter of time.
I guess just have to pick up a few near lows from time to time. May see some controlled dumping by Hartleys for a while yet.

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