Yes, I was trying to ignore the cr question as it's gonna hurt a lot more then by any offset by a little bit of 'possible' initial incoming revenue - which is still a while away judging by no definitive talk outcomes. At a guess, the dilution may arrive much sooner. If the announcement is intended as a precursor carrot then it seems all rabbits and horses are already fed - thus the meh response by markets.
Not sure why references are used to compare with the adjacent Red rock development - it sounds like: my neighbour has a beautiful lush garden and I'm sure my garden will be just as lush.
Perhaps it would be better for company to focus on one's own dirt patch - start by definitive offtakes instead of just many months of talks. Maybe the neighbour already has a nice patch of carrots harvested. BNL is still looking for the seeds.
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $13.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $45.15K | 9.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 514861 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3604481 | 9 |
View Market Depth
| Last trade - 15.25pm 27/06/2025 (20 minute delay) ? |
| BNL (ASX) Chart |