256,Love the enthusiasm,
And I pointed out this guy has been on the take for a number of years..
Where is the promised CO2 sales contracts..?
You have have too many drinks down at the rocks if you don't think there will be a cap raise within the next month.
They have already set that scene..
Plus while this drill have been funded they only got 3m to run the company in the last private fund that Trent so quickly stuck his hand in.. Wasn't it. 005.. Grub.. Doesn't give a shit about long standing share holders.. Never did..
Not withstanding his geo capabilities and finally they might have some gas to sell.. (50% share)..
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So before we get all g'd up, let's see contract value and estimated sales..
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My guess it won't before another round of paper issue as total cash expenditure for Blue Star Helium in the March 2025 quarter was A$1,502,000.
the quarter ended 31 March 2025, Blue Star Helium Limited (ASX: BNL) reported the following cash expenditures:
Exploration and Evaluation: A$334,000
Staff Costs: A$418,000
Administration and Corporate Costs: A$629,000Production Costs: A$53,000Payments for Tenements/Leases: A$46,000
Property, Plant, and Equipment: A$21,000
Interest and Finance Costs: A$1,000
As of 31 March 2025, Blue Star Helium Limited (ASX: BNL) reported a cash balance of A$2.8 million
Do the sums..
No contracts and we are end of May almost..
I would guess only around 1.5 left in the bank. And already off on another adventure.
(20min delay)