STTCOMP BSM FA LONG BSM large flake graphite producer Madagascar...

STTCOMP BSM FA LONG
BSM large flake graphite producer Madagascar
SP $0.032
MC $82m
Cash on hand $6m

Very promising graphite producer with potential for expansion of resource & production soon. 6m cash available and 100% owned project. Supplies niche resource of large flake graphite & graphite price set to increase steadily. Once first cashflow report & nameplate production achieved, I believe many will regain confidence in what was once a botched project by stratmin. The resource itself is fantastic but previous management was awful, BMS seems to be on the ball judging by what progress they have achieved in such a small timespan (refurbishing production line, achieving much better recovery rate and purity). New management also express clear goals for future expansion of project and diversification into other interesting projects in Madagascar (nearby hard rock lithium prospect).

Disclosure: held