April 30 (Reuters) - BMG Resources Ltd BMG.AX :
* DIRECTORS & MANAGEMENT SIGNIFICANTLY REDUCED CASH FEES
* HAD POSITIVE DISCUSSIONS WITH CHILEAN JV PARTNER TO EXTEND FIRST 20% EARN-IN MILESTONE BEYOND 20 MAY
* MOVED TO MINIMISE ALL EXPENDITURE TO CHILEAN JV AMID COVID-19
* CHILEAN JOINT VENTURE IS UNDER REVIEW