But never fair, ladies and gentlemen...256 is loading up as we...

First 27 Last

Share
Profile

Follow
Sweetsound

9,592 Posts.

981

13/03/24

10:05

Post #: 72860366
Share

Originally posted by DGcruzing: ↑

Yes, lol.. he has a new nick I see, T-Bone..

But what a shocker if we see another one come through next week..

Already, trust in judgment is at all-time lows, and that has got to take the cake as one of the lowest forms of management inaptitude ever seen.
Noted, I would say the advice comes from the accountant.

Compared to peers this team has blown up big time since the 2020 heyday.

Looking back at the subpar casing on the first wells by the subcontractor team, that could have caused a major environmental problem,
to their current situation. They can't get runs on the board to get out of this nose dive they have got themselves into.

Onto present day, as been discussed (as there is still gas in the ground), from the perspective of BNL as a still exploration company, evaluating the use of vacuum pump systems for extracting helium from wells at higher rates, several considerations are in this number crunching:

Positives - Flow rates over the longer term are yet to be determined.
Increased Extraction Efficiency: Vacuum pump systems can enhance the extraction rate of helium by maintaining lower pressure in the well, which can lead to increased flow rates. This could be particularly beneficial in wells with lower natural pressure.

Negatives...
Cost-Benefit Analysis: While vacuum pump systems can increase production rates, they also involve higher initial and operational costs. It's important to analyze the expected increase in production against these costs to determine the overall economic viability. ( which is where they are at now)

Ongoing costs..
Operational Complexity and Maintenance: Vacuum pump systems add complexity to operations. Regular maintenance and monitoring are required to ensure the systems function efficiently and prevent downtime, which can be costly.

Energy Consumption: These systems typically require significant energy to operate. The energy costs associated with running vacuum pumps should be factored into the overall operational expenses.

Even in the US, this will be another good size cost to operations.
Environmental Considerations: The use of vacuum pumps may have environmental implications, depending on the energy source used to power them. Companies should consider the environmental impact and regulatory compliance of their operations.

God, I really wanted to like these guys over the years, but......the saga continues.
But never fair, ladies and gentlemen...256 is loading up as we speak.

Expand

But never fair, ladies and gentlemen...256 is loading up as we speak.

Darn, perhaps should have listened to those 'go and sell your shares then you ungreatful sods' when sp was over 2c. Turns out that may have been good advice and would have been a wise move a few weeks ago. Maybe 256 is pretty smart. Bummer.

BNL Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

XRO

'Step-change' for Xero internationally with $3.9B deal to buy US bill pay platform

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

TKM

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

PH2

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

First 27 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $13.47M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
38	8403617	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	3582975	7

View Market Depth

No.	Vol.	Price($)
38	8403617	0.005
21	19675411	0.004
11	16810668	0.003
6	20032500	0.002
4	27405000	0.001

Price($)	Vol.	No.
0.006	3582975	7
0.007	7124507	16
0.008	12240329	29
0.009	3930033	11
0.010	3983855	7

Last trade - 10.03am 25/06/2025 (20 minute delay)

BNL (ASX) Chart

Day chart unavailable

But never fair, ladies and gentlemen...256 is loading up as we...

'Step-change' for Xero internationally with $3.9B deal to buy US bill pay platform

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

But never fair, ladies and gentlemen...256 is loading up as we...

Top Stories

'Step-change' for Xero internationally with $3.9B deal to buy US bill pay platform

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News