Yeah mate your calculations are a bit askew.
They are raising just over $3 million and this will fund them (including current production) for the next 4 Wilcox wells. Any one of these next wells will make them cashflow positive!
So don't worry about cash yet....worry about it if all of these next wells come up dry.
bankruptcy..?, page-4
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BUR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.969M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 209999 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 72553 | 2 |
View Market Depth
| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| BUR (ASX) Chart |
Day chart unavailable