imho BMG is a sleeping monster ready to wake up, heres...

imho BMG is a sleeping monster ready to wake up, heres somethings i like about it.

it ticks a lot of boxes including

- will be drilling in worlds best lithuim location, where around 35% of the worlds lithuim is produced
- best grades and lowest impurites means even if the lithuim spot price remains steady or even falls a bit it will still be very profitable to mine.
- positioned nest to the worlds biggest producing lithuim mine SQM
- large tennant area of 20k hectares
- serounded by companys with 100's of times the current market cap BMG have.
- 1.6 million cash, fully funded to start drilling which mangement have said early april
- pretty low amount of shares on offer and when you take into account top 20 and mangement hold about 60% it leaves only 40% free float or around 150 million
- drill targets identifed and ready to go, with target aquifers on Salar West claims from around100m from surface, compared that to GLN that had to drill down 662 mtrs, it means it will be much cheaper drilling to find the brine compared to GLN.
- MC only around 5 million, means plenty of upside
- plenty of news flow this coming month, with a JORC estimate for salar west expected in 3 months.
imho this is a sleeping monster.