My argument is that perhaps develop costs are covered but management costs won't be unless some serious revenue comes in, in the next 2 years. The accounts indicate that BRN is burning cash very quickly.
Refer to 2017 Annual Report to shareholders pg29 'Consolidated Statement of Cash Flows'. Much more capital will be required.
Ann: BRN Announces Changes in Board of Directors Composition, page-66
-
- There are more pages in this discussion • 58 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 BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
0.050(21.7%) |
Mkt cap ! $520.0M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 28.0¢ | 23.8¢ | $6.760M | 25.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 69114 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 985490 | 32 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |