Love your positivity hopefully1.
Yep, the pond reduction was confirmed in last years Annual Report and that comment re increased salinity, which has never been mentioned again since, was in the 'Base Case Presentation speech, also from June last year.
Environmental Approvals are everything. Without them, there is no licence to operate.
On receipt of approvals, depending on final conditions, of course, I would expect a .35 - .40c share price. Following catalysts will also incur small increases, such as -
* Pond filling,
* Binding offtakes,
* Construction milestones, etc
Yep, agree it has been a frustrating road so far and can possibly understand holder frustrations and those who may choose to sell. The company needs to take some responsibility in this regard due to their lack of detail and clarity around issues.
I can only speak for myself - I've not purchased any BCI shares this year due to the uncertainty over SOP, but at the same time, I haven't sold any either.
Each to their own.
GLTAH
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Last
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.0¢ | $861.7K | 3.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 117457 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 50173 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 117457 | 0.245 |
5 | 143333 | 0.240 |
11 | 254805 | 0.235 |
16 | 186207 | 0.230 |
5 | 219970 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 50173 | 3 |
0.255 | 293988 | 4 |
0.260 | 111765 | 4 |
0.265 | 40000 | 1 |
0.275 | 43900 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BCI (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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