BUR 0.00% 6.6¢ burley minerals ltd

Ann: BUR Truchard3 Well Update, page-2

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  1. 260 Posts.
    lightbulb Created with Sketch. 20
    So while we sit back and wait for something to eventuate, we expect quarterly income of A$750,000 and have expenses - mostly admin - of A$400,000?

    Anyone willing to bet the current quarter will produce a net profit of A$350,000? Not bad for a company with $1m in the bank and a market cap of $2,6m. Am I reading this correctly?
 
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