Short Term Trading Week Starting: 18 Mar, page-66

STTCOMP BMG FA LONG
im in for placement price today with BMG, fully loaded, well im tempted to buy some options as well but the short exprire period is kind of off putting so still weighing that one up

.# lots to like with this one including the following

.- super low MC around 5 million, pretty much shell value with the project not even factored in yet.

- EV of around 4 million- drilling planned for april in the lithum hot spot "BMG’s Salar West Project" is in the Salar de Atacama region, which hosts some of the highest grade, lowest cost lithium brine in the world with grades of around 1,800 mg/l L

- the project is de risked given the work carried out by BMG"The geophysics results represent significant risk mitigation, confirming the potential presence of brine andenabling the identification of immediate drill targets"

- much better deal terms, more land and less money up front means more money for drilling.

- directors and top 20 hold a lot of shares over 60%

- again its a lithuim hot spot right next to "AtacamaSalar" the biggest lithuim producer in the world with the highest grades and lowest impritites

.- reminds me a lot of DMI ( NOW GLN) when i called it out as a strong buy at 9.5 cents)

- very little talk about BMG and no hype which is good, get in before the crowd.i could go on and on, but will say this imo there is no way this will still be sitting at a 5 million MC when drilling is under way in what is arguably the best place in the world to be drilling for lithuim, buy cheap while you still can imo.