BNL blue star helium limited
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Ann: Annual Report to shareholders, page-3

  1. Sweetsound
    9,592 Posts.
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    31/03/25
    13:37
    Post #: 78481372
    From the report:

    ....in view of theConsolidated Entity’s existing cash resources of $2,691,224 (31 December 2023: $6,869,070).The Directors believe that the Company will be able to raise additional funds through an issueof new equity.

    There is no mention of directors believing that they will not need to raise further funds due to allegedly expected sales from this current half. Based on such absence, another cr is possible and soon. Further dilution possibly more imminent than helium or CO2 sales? AIMO
    BNL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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