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
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $14.82M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $5.693K | 1.017M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 8680196 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1859554 | 4 |
View Market Depth
| Last trade - 15.44pm 20/06/2025 (20 minute delay) ? |
| BNL (ASX) Chart |