STTCOMP BGS, FA Long Birimian is an exploration company holding...

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.***