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#401 2016-10-18 06:53:53

Scyb
Silver Stacker
Registered: 2012-11-21
Posts: 829
Trades :   84 

Re: BGS - Birimian Gold

2 more weeks until JORC announcement and this will be 50c + again

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#402 2016-10-18 17:24:20

Silverstrat
Member
From: Australia
Registered: 2011-08-21
Posts: 63
Trades :   

Re: BGS - Birimian Gold

Scyb wrote:

2 more weeks until JORC announcement and this will be 50c + again

Could be sooner than that Scyb!....any day now.

Last edited by Silverstrat (2016-10-18 17:24:49)

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#403 2016-10-20 01:26:03

VRS
Silver Stacker
From: Brisbane
Registered: 2011-10-03
Posts: 5,223
Trades :   291 
Website

Re: BGS - Birimian Gold

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#404 2016-10-20 03:15:48

Silverstrat
Member
From: Australia
Registered: 2011-08-21
Posts: 63
Trades :   

Re: BGS - Birimian Gold

Music to my ears  SRV\VRS.The language used was very encouraging,WW came across as an ok bloke after copping a beating on HC.This will be huge!Best of luck.

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#405 2016-10-26 19:47:02

VRS
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From: Brisbane
Registered: 2011-10-03
Posts: 5,223
Trades :   291 
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Re: BGS - Birimian Gold

ANNOUNCEMENT - MAIDEN JORC @ GOULAMINA:

"We are very pleased to have 100% ownership of the highest grade lithium resource held by any ASX-listed company today" said Kevin Joyce, CEO.

15.5 Mt @ 1.48 % Li2O, for 229,000 tonnes of contained Li2O

VERY worth the wait.... big_smile big_smile big_smile

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#406 2016-10-26 21:48:41

SilverDJ
Member
From: Australia
Registered: 2014-11-01
Posts: 2,527

Re: BGS - Birimian Gold

VRS wrote:

ANNOUNCEMENT - MAIDEN JORC @ GOULAMINA:
"We are very pleased to have 100% ownership of the highest grade lithium resource held by any ASX-listed company today" said Kevin Joyce, CEO.
15.5 Mt @ 1.48 % Li2O, for 229,000 tonnes of contained Li2O
VERY worth the wait.... big_smile big_smile big_smile

And BGS is down 4% today roll

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#407 2016-10-26 22:55:56

kramer
Member
From: toowoomba
Registered: 2015-04-30
Posts: 487
Trades :   40 

Re: BGS - Birimian Gold

Topped up another 25000 today.

Glad to have the jorc out. smile onwards and upwards

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#408 2016-10-27 07:20:34

Scyb
Silver Stacker
Registered: 2012-11-21
Posts: 829
Trades :   84 

Re: BGS - Birimian Gold

Yah.... no 50c SP from announcement. Guess more time to accumulate!

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#409 2016-10-30 09:12:03

Scyb
Silver Stacker
Registered: 2012-11-21
Posts: 829
Trades :   84 

Re: BGS - Birimian Gold

Wow watch for a potential re rate tmr morning. The Chinese are in


http://www.afr.com/street-talk/birimian … 030-gse3y8

Last edited by Scyb (2016-10-30 09:13:14)

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#410 2016-10-30 19:50:06

VRS
Silver Stacker
From: Brisbane
Registered: 2011-10-03
Posts: 5,223
Trades :   291 
Website

Re: BGS - Birimian Gold

Mwahahahahaaaaa!

SuperNinja did the negotiation, apparently...

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#411 2016-11-03 05:15:41

Scyb
Silver Stacker
Registered: 2012-11-21
Posts: 829
Trades :   84 

Re: BGS - Birimian Gold

Anyone that has shares in this stock should check out the hotcopper threads immediately

Info about the gold deal...

9476_rg.png

Last edited by Scyb (2016-11-03 05:18:33)

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#412 2016-11-03 06:32:11

silver kook
Member
From: Australia
Registered: 2010-12-01
Posts: 1,169
Trades :   103 

Re: BGS - Birimian Gold

Lately every time they make an announcement price goes down! Hope this trend reverses tomorrow.

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#413 2016-11-03 10:10:36

ghost rider
Member
From: South Australia
Registered: 2015-11-22
Posts: 175
Trades :   18 

Re: BGS - Birimian Gold

Bottom=buy only question is where is bottom


Don't put it off until tomorrow

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#414 2016-11-03 18:27:07

finicky
Silver Stacker
From: Dreamworld
Registered: 2011-06-10
Posts: 3,457

Re: BGS - Birimian Gold

Only been following this through the forum commentary which has been a cut above the ramping you get for this kind of stock.
BGS does seem to have something going for it but it still shares charactersitics with the worst kind of stocks (like PIO)

That is, it has attracted the fickle money of the crowd whose only aim is to take money off other shareholders. Most do not intend to stick around for any project to reach fruition, make profits and pay dividends. At the very least they want a free carry and you only get that from other shareholders buying higher. Imo that's why the news thunderbolts aren't now setting BGS on fire. There's too much nervous profit taking from the slick crowd and there's too many seeing that profit margin shrink and are selling to stem profit loss.

Beyond an announcement of a jorc resource the slicksters know there's years of work, capital raising and doubt.
And anyone who's experienced a few Chinese Memoranda of Understanding, notices of intent, heads of agreement, will treat them as very dubious. Need a contract for money signed. Chinese companies act without good faith to western companies - an MOU is just a free device to plant a foot on an asset that interests them. Costs nothing and they can bide their time and wait for possible weakness in the target company. 

Unless BGS comes up something of immediate dollar substance the price could easily fade to 25c, above which the highest volumes were transacted. Dollar substance obviously does not mean a Jorc resource, but it also doesn't mean MoU with offtake provisions or future possible gold royalties. Its all too far away and maybe.

BGS weekly
1893_big_47.gif

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#415 2016-11-04 02:15:37

hussman
Member
From: Adelaide
Registered: 2011-12-02
Posts: 515
Trades :   15 

Re: BGS - Birimian Gold

Tough day on all my stocks today.

Collective question, What are your thoughts on BGS at the moment.

I know people are a big believer in the fundamentals. But yet they keep on declining. Even with what appears to be positive news...

Very interesting.

Maybe time to buy in.

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#416 2016-11-04 04:45:14

Scyb
Silver Stacker
Registered: 2012-11-21
Posts: 829
Trades :   84 

Re: BGS - Birimian Gold

Yah definitely a disappointed share holder when the price is the same as 6 months ago when none of the lithium results were out and gold deal not done. 

I will still hold strongly and things should get moving along once we get closer to production.

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#417 2016-11-04 04:46:49

SilverDJ
Member
From: Australia
Registered: 2014-11-01
Posts: 2,527

Re: BGS - Birimian Gold

hussman wrote:

Tough day on all my stocks today.
Collective question, What are your thoughts on BGS at the moment.
I know people are a big believer in the fundamentals. But yet they keep on declining. Even with what appears to be positive news...

Quite frustrating based on all the news, but I'm not losing on BGS so still happy and holding. Maybe I'll top up so more, but I'm already pretty heavy on BGS.

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#418 2016-11-04 09:16:16

kramer
Member
From: toowoomba
Registered: 2015-04-30
Posts: 487
Trades :   40 

Re: BGS - Birimian Gold

Comfortable holding this. It will get to production. Dont really care about short term price, im looking a little further down the road. 10000m drilling campaign starts in november and i think we will see a large increase in the world class deposit we have defined so far. I dont have any strong sentiment with regards to the negotiations for the gold. Im happy to see randgold swiss cheese it up at their cost.

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#419 2016-11-15 19:56:39

hussman
Member
From: Adelaide
Registered: 2011-12-02
Posts: 515
Trades :   15 

Re: BGS - Birimian Gold

Can someone more experienced please inform me on whats going on with BGS? Once it hit its 50c Share price it has dropped and kept on dropping. Seems to be hovering around the 30c mark for the past week or two.

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#420 2016-12-19 20:21:41

VRS
Silver Stacker
From: Brisbane
Registered: 2011-10-03
Posts: 5,223
Trades :   291 
Website

Re: BGS - Birimian Gold

Release Date: 20/12/16 10:22
Summary: MOU entered into with Chinese Lithium Battery Manufacturer
Price Sensitive: Yes

MOU SIGNED WITH CHINESE BATTERY MANUFACTURER

Birimian Limited (ASX:BGS; "Birimian" and "Company") advises that it has entered into a Memorandum of Understanding (MOU) with a leading Chinese lithium battery manufacturer Far East First New Energy Co ("First Battery").

Under the terms of the non-binding MoU, both parties have committed to work to establish cooperation with respect to mine development and potential financing, commencing with an offtake for up to the lower of 200,000 tons per annum ("tpa") OR 25% of total annual production of +6% spodumene concentrate.

First Battery is a subsidiary of Hong Kong listed company Far East Smarter Energy Co Ltd (capitalised at over 18 billion RMB ~ AUD3.6 billion). The company employs over 3000 people, making lithium batteries for applications from power tools and electronics to large energy storage systems and electric vehicle lithium ion batteries.

Last edited by VRS (2016-12-19 20:22:17)

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#421 2016-12-27 19:35:48

VRS
Silver Stacker
From: Brisbane
Registered: 2011-10-03
Posts: 5,223
Trades :   291 
Website

Re: BGS - Birimian Gold

TRADING HALT

In accordance with Listing Rule 17.1, I advise that: 

1.  The  trading  halt  is  being  requested  pending  the  announcement  of  a  company update including an offer received for its Lithium asset.

2.  The  Company  requests  that  the  trading  halt  continue  until  the  earlier  of  the commencement of normal trading on Friday 30 December 2016, or when an announcement is made by the Company regarding the above material transaction. 

3. The Company is not aware of any reason why a trading halt should not be granted.

Last edited by VRS (2016-12-27 19:36:37)

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#422 2016-12-27 19:45:49

SilverDJ
Member
From: Australia
Registered: 2014-11-01
Posts: 2,527

Re: BGS - Birimian Gold

VRS wrote:

TRADING HALT
In accordance with Listing Rule 17.1, I advise that: 
1.  The  trading  halt  is  being  requested  pending  the  announcement  of  a  company update including an offer received for its Lithium asset.

Oooh, presumably good for the share price short term?
I have been looking to unload some BGS as I'm a bit top heavy.
Although if they sell all their Lithium asset then what does that do to future prospects?

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#423 2016-12-27 19:52:44

finicky
Silver Stacker
From: Dreamworld
Registered: 2011-06-10
Posts: 3,457

Re: BGS - Birimian Gold

I would like you all to know I almost bought half a million shares in this company b4 Chrissy and was just ruminating again on it this morning b4 announcement.
N9t r3ally.

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#424 2016-12-28 00:20:05

kramer
Member
From: toowoomba
Registered: 2015-04-30
Posts: 487
Trades :   40 

Re: BGS - Birimian Gold

Scoping study + jv announcement? Nice.

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#425 2016-12-28 02:47:49

radiobirdman
Silver Stacker
Registered: 2011-04-25
Posts: 2,300
Trades :   59 

Re: BGS - Birimian Gold

I've got the nervous nineties
It will be good to get off 99

cool

Last edited by radiobirdman (2016-12-28 03:07:13)

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