Oh and as there will be no targeted production till Q4, and production does not mean revenue, we may not see any revenue till Q1 2026. As for debt financing for BNL I see this as very unlikely given their management over the last several years. Honestly who will lend a company money that has been spruiking production and revenue for years, but has delivered none. In my opinion we are headed to another CR shortly, but with the SP being capped by those who want in on the next CR, despite the release of what for BNL could be desribed as positive announcements the SP will take another hit lower. Those in the CR will then sell into the news when BNL finally has some revenue or locked in Offtake agreements. Thus we will not get the full lift in SP that we all deserve. It has been a lot of very frustrating years as a shareholder and unfortunately I see this frustration continuing for at least another 12 months.
BNL Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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