RJ the samples of drill program starting in late March will be send to do pilot plant. Need to find high grade lithium first. Should be very fast. You cannot build a pilot plant if you haven't drill a hole yet. Lilac has done similar lithium brine around same area (similar acquifer) before, and think they got 95% recovery.
IMHO you are missing my point. Given BMG cap is only $3.5m, if it gets good discovery $35m market cap (ie 10 folds) is not out of question. Other brine explorers, you will need massive super high grades to go from $40m to $400m (if ever going to happen).
You make the biggest growth if you get in early before discovery. Similarly if you had bought GLN under 10c (before discovery) you would have done well. If you buy GLN at 41c right now, you probably won't do as well. BMG is like GLN when GLN was at 8c. If you arrive late and pay GLN 41c, it will be more challenging to make multi folds return on your investment. Similar to KDR, if you had bought shares at 25c you would have done well. If you arrive late and pay $2.5, you probably taking heavy losses. That is the name of this game.
just IMHO, do your own research.
- Forums
- Commodities
- Lithium stocks that will make it?
RJ the samples of drill program starting in late March will be...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)