Yeah the BGS/PLS comparisson is probably not the best.
Basically when BGS first picked Bougouni and i began to develop expectations for it, i sought after the best lithium project in the world to benchmark against; enter PLS.
Here's an update of the chart you were talking about:
Also, just to straighten things out, PLS acquired it's project on the 30th May 2014 and you could have picked up shares the next week at $0.010 a pop.
BGS started at about $0.07 a pop.
PLS aside, many people would suggest that our more comparable peers would be KDR and maybe AJM/Nemaska.
I did the above chart and threw in KDR as well to see how it progressed since aquisition of their Lithium. (Blue line)
I also did a KDR 100% ownership adjustment which basically doubles the effect on the share price from the day they joined with SQM. (Green line)
Enjoy:
It will be interesting to see what happens here if we can keep 100% of the project through the use of financing/prepaid offtakes instead of giving away 40%.
Regardles, when it happens for us it will be violent.
Try not to do silly things when we double over night.
Best of luck y'all.
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