BLU 8.33% 1.1¢ blue energy limited.

information, page-11

  1. 6,274 Posts.
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    Expect many are looking for when this information will be known: ie. Accessing Cashflow prior to the end of "Short-term"

    "The Company considers its existing cash reserves of $2.5 million and the anticipated
    insurance proceeds of approximately $1 million to be sufficient to enable it to
    undertake the Sapphire Production testing program and meet its working capital
    requirements in the short term.
    Based on the success of the recently completed Sapphire Drilling program and the
    ability of the Company to raise $20 million in the September 2022 quarter, the
    Company believes it will be able to access additional funding as required to continue
    its operations and meet its business objectives."

    The clock is ticking - the SP continues to withdraw! Have they a "Rabbit in their HAT?" that might stimulate the SP prior to raising funds?

    Small volumes selling appears to be directing the SP!?
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $20.36M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $2.682K 236.1K

Buyers (Bids)

No. Vol. Price($)
1 87330 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 536088 3
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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