Short Term Trading Week Starting: 19th Mar, page-210

STTCOMP BGS, FA Long
Birimian is an exploration company holding substantial interests in several highly prospective lithium and gold projects in Mali.
Market Cap: $116m / Cash: $12m

Detailed Description/Catalyst
"- 14th Mar announcement states ""Project PFS scheduled for the first quarter is now anticipated to be completed early in the second quarter"". For this to happen we must first receive:"
+another round of assays
+meta testing
+JORC
+then PFS

- Also expecting the following news flow:
+gold deal
+magnetic air survey of both gold/lithium tenements
+review of strategy regarding gold tenements
+appointment of MD

- PFS was delayed as per the 14th Mar announcement; "It is anticipated that this minor delay will be offset by the additional resource tonnages expected to be available for inclusion in the revised PFS."

- Positive sentiment looking to return to the Lithium space in general and BGS has had little upside as yet.

- 20th Mar announcement delivered the following promised PFS improvements which add the PFS about to be released:
+"Goulamina C1 costs now reasonably expected to be below US$300/t"… now in line with other majours
+Other areas of cost optimisation have been identified and costs can potentially fall further

- Although irrelevant to a FA tip, some charts include:



***DISCLAIMER: Don’t take as financial advice as I am not qualified/licenced to give it.***