BUR 0.00% 13.5¢ burley minerals ltd

exceptional news, page-32

  1. 1,469 Posts.

    what you also fail to understand is revenue is not going to effect the share price.

    that was fantasy land saying they had a profit to prove even with a profit they are still not worth much now.

    in the land of reality, any money that is left over is going straight back to drilling.

    burleson will not make a cent in profit for years.

    so the only thing you can use to value burleson on is EUR not revenue!

    and the EUR is worth about 16c a share which is a share price around 9c

    seriously mate, show me the money and the upside without moeller?

    the only thing revenue will effect is how slowly they drill new wells


 
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