Timeframe and BNL don’t sit comfortably in the same sentence. Multi bags only come with production, so sometime in 2025? We have the medium term ability to reach 15 cents or so, based on current resources and SOI, bearing in mind the likely 25% to 40% dilution over the next couple of years.
This could all change with an exceptional result along the way, but I’m now comfortable with my investment position with BNL, and plan to hold for at least the next two years, when we will be a profitable company, free from further CRs.
IMO GC
Ann: Development Well Permitting and Scheduling Update, page-9
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.55M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $14.84K | 1.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1555035 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 608125 | 4 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| BNL (ASX) Chart |