.006 would be roughly a 20% discount on the recent vwap, that is what is quoted in the agm report as possible CR scenario. My theory is an agm, followed by a raise followed by the news that we all have been waiting for… helium flow.
The drill hasn’t hit the ground yet, it will be a couple of weeks before we get information. The last CR likewise was done at a discount to vwap before results were available.
Call me a cynic, but CR must happen before the potential of another duster, it would kill the company otherwise. Don’t get me wrong, I believe the helium is there and we will have long term success, but solvency must come before speculation.
BNL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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