BUY 0.00% 0.4¢ bounty oil & gas nl

share placement kills credibility, page-13

  1. 502 Posts.

    bello,
    Just how much cash do you believe BUY has in the bank at the moment (post placement)? What are the quarterly operating expenses? Do the maths and see how much is left over to drill wells !!! Both the current capital raising at 5c and the previous 3:1 issue earlier this year DOES NOT give BUY the capital to drill wells - it merely keeps BUY afloat for a few more quarters.

    Your enthusiasm for BUY is commendable, but your claims need to be substantiated
 
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