Agreed - start to earn and from earnings self fund further exploration and avoid cr at all cost in this environment. CR not only dilutes but erodes sp, given discount invariably offered to appease some plus the set up costs. If cr was on now it would be at roughly 2.4c. Given current market conditions it would drive the current sp down to possibly 2c and retail uptake would be thwarted.
BNL needs earnings and soon and I don't just mean the management team. Spending money is easy.
Ann: High Helium Concentration at JXSN-3 Discovery, page-44
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $16.16M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $3.715K | 661.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 7976580 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 15255963 | 15 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| BNL (ASX) Chart |