BNL are running on vapors.
Money will run out before any revenue.
30th June was $3.8m and a further quarter of expenses leaves maybe $2.8m by the end of September before the drilling.
Drilling completion and tie up to processing facility was estimated by BNL at $2.6m USD. At the current exchange rate that's $4.6m.
$2.8m - $4.6m = Capital Raise or Debt Finance before any cash flow.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.86M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $5.263K | 808.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6092007 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2264924 | 4 |
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| Last trade - 13.34pm 25/07/2025 (20 minute delay) ? |
| BNL (ASX) Chart |