BUR 1.33% 7.4¢ burley minerals ltd

Ann: BUR Capital Raising, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,455 Posts.
    lightbulb Created with Sketch. 871
    This looks very interesting.

    Highly experienced management team have already successfully launched Israels first nano satellite in 2014.

    They have a partner (Pan African Telecom) prepared to buy all the bandwidth produced from the first three nano satellites which will be launched next year. In the coming weeks SSG are about to sign for a launch date.

    There are nano satellites out in space - but most of these are rendered useless as they are not able to communicate with each other. From the presentation "Developed software technology enabling the communication between nano-satellites in constellation and earth to create bandwidth - currently being patented"

    Once the initial 3 satellites are up and running they will then create a proprietary communication frequency which will be patented - this is the secret sauce.

    The plan is to have 100 nano satellites up and running in the next 2-3 years generating up to 500M per year in Revenue.

    This is a great value tech stock at 24M odd Market Cap. Don't have to bet the house but definitely something to put away long term.
 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
(20min delay)
Last
7.4¢
Change
-0.001(1.33%)
Mkt cap ! $11.12M
Open High Low Value Volume
7.5¢ 7.5¢ 7.4¢ $2.606K 35K

Buyers (Bids)

No. Vol. Price($)
1 2936 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 160000 2
View Market Depth
Last trade - 13.57pm 06/11/2024 (20 minute delay) ?
BUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.