BUR 0.00% 6.9¢ burley minerals ltd

whats fair value, page-9

  1. 1,469 Posts.

    I'm out too

    bought most of mine at 6c and just sold the lot

    the problem this stock has now is its had no revenue from any of the well's.

    Moeller is the only thing that could add value to pull the options through and that is not going to happen now.

    Bur is almost broke again, and they got a $1.5mil debt payable in December.

    good chance if your still holding by then you will do all dosh as they go bankrupt.

    or more cap raising and dilute your holding even more.

    the upside just isnt there now



 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.