BUL 7.14% 5.2¢ blue energy limited

lack of news keeps downtrend in place., page-16

  1. tui
    6,122 Posts.
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    Cash at end of quarter equallled $10.67m. Add on $6m cap raising equals $16.67m.

    Assuming a cash burn as per last quarter of $3.3m then that gives us 5 months grace. And a lot can happen in that time.

    Here's hoping they can fulfil some of their Annual Report promises. They did originally say their objective was to be a ASX200 company this year. But when pressed ( due to flooding ) they revised that to a ASX300 company.

    That would be good enough for me.
 
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Currently unlisted public company.

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