Yes we are in limbo Territory with the SP for the moment ,I agree with you...... Everything stacks up for me ......
I quess if everyone is waiting on the sidelines to see how the drilling goes...it will be too late for them ... They are going to miss the BNL Beautiful Ship...lol
Grade is Everything in a mineral resource...you know what I mean ...... we have it ... . I believe these Experienced oil and gas guys know what they are doing ...74 odd wells in final approval process.. We will be continuously drilling for the next 12 months With Massive strike rate potential out of 74 odd wells .
Murray146 said you have been in here for a while..Me too I am frustrated too...my research tells me I have a + 80% chance of getting this right.....if we manger to get this right the up side in the SP is Massive.......the 8% Helium grades are there 20 potential production wells now in playat Voyager, 6 readyto drill within 2 months...lol........ I can't see me losing money...lol..I just don't know how much we can make out of Bnl if it all goes to the announcement schedule...lol But if these guys can prove they know how to read 2D Seismic survey results and put the well hole position in the right places , with the first 2 wells we are drilling .. .... The Intrinsic Valuation on BNL could exceed $2...lol
These are my views only DYOR
DYOR GLTALSH
256lith
BNL Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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