SYA BGS comparison, page-26

First 26 Last

Share
Profile

Follow
stevenjd

14,796 Posts.

590

19/06/18

14:21

Post #: 33799257
Share

Originally posted by Ubique13 ↑

Jurisdiction risk is extremely important, hence my avoidance of AVZ. But if there is no value in the project relative to the current market cap of the company, then why would you invest?

You are asserting that just because BGS is located in Africa, that it will never develop into a producing mine.

I am of the opinion that BGS will be mining by 2020, as first and foremost, the project will display superior economics over other unfunded projects i.e. SYA and the product is in such high demand at the moment that off-take and financing should be a walk in the park.

Furthermore, the Malian government is extremely supportive of the project. The Malian Minister of Mines presented at a WA mining conference & met personally with BGS management who now liaise on a regular basis. BGS management have proven experience building mines in Africa and have been responsible for significant corporate transactions in the order of $1B.

The government and people of Mali understand the importance of mining and how it catalyses further development of the country by providing jobs, taxes, infrastructure, education & social programs. The government has highlighted that it is very much open for business and looking to diversify it's mining industry into minerals other than gold.

BGS is perfectly placed to capitalise on this and will benefit from the swift environmental permit & mining license approval periods in Mali which are much shorter than Canada.

BGS isn't just bigger than SYA, refer to Jakers' initial post, BGS resource & project outrank SYA's on every metric.

Expand

"BGS isn't just bigger than SYA, refer to Jakers' initial post, BGS resource & project outrank SYA's on every metric."

except for getting over the finishing line to a producer, if sovereignty risk however you measure it, does impede. (or it may not)

BGS Price at posting: 51.5¢ Sentiment: None Disclosure: Not Held
Upvote

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ENV

Anteris Tech eyes US market liquidity with early-stage NASDAQ IPO paperwork

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 90 more messages in this thread...

First 26 Last

SYA BGS comparison, page-26

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Anteris Tech eyes US market liquidity with early-stage NASDAQ IPO paperwork

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Featured News

SYA BGS comparison, page-26

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Anteris Tech eyes US market liquidity with early-stage NASDAQ IPO paperwork

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Featured News