Member Info for bsg4

That's the rumour.

!

More placings. Will they ever produce anything?

Could be a bit like a debt for equity type deal where existing holders are diluted to oblivion. While the BOD issue themselves and their mates loads of options.

I fear the current share holders will not benefit. Hope I'm wrong.

The BOD are desperate to keep getting paid for as long as possible. Company shagged in process. Consolidation in the wings after this. Rinse and repeat. Same old AIM story.

Not enough volume, it will only be a rumour!

Unlikely to get to 1p again with all the dilution on its way.IMO

Lower the share price the less likely they're able to raise funds.

40/60 aren't great odds. Wait for drill results. Then buy.

Traders not wanting to see their profit eroded any more. Who can blame them, 40% chance on this leg. Many more legs to come.

2.7p sellers did well and can get back in cheaper, will itlet the 2.45p sellers back in cheaper.

demand for lithium not to pick until 2022. So bottom drawer for this for a while?

Nothing to stop it going under 0.1p soon I guess, as they've had their placing for a while.

I see we're at the placing price.

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is on the sidelines, If they strike oil they'll be plenty of time to get in. If it gaps up, the gap is normally filled later, so there's nearly always a good entry point. IMO. Without a 40/60% risk.

It's a 40/60 gamble. MM's mark the price down, those in profit will not want to see it disappear. MM's get their volume.

I think it will drift down until drill results.

Bearing in mind it's a 40% chance of course.