Good luck mate! Wishful thinking imo. I think a fair few people have been sitting around the mid 5's patiently waiting to get in as what they deem that to be good value at the moment. It seems to be tethering on the edge of breaking through the 6s and falling back into those mid 5s. Been at that range for a few days. I think as the 30 day deadline approaches and the likelihood of the final permit being granted increases each day we will find more and more slowly coming up and taking bites of that resistance.
I think we will settle at the all time high of 7 cent's in anticipation of the enterprise well results. Unfortunately the market is potentially delusional and expecting extremely high helium concentrations here. Fingers crossed we can and do that should see us skyrocket if not well than we will see how strong the hands are here and whos in this for a longer run.
BNL Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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