BNL blue star helium limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

  1. 1,724 Posts.
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    go easy mate. It’s just an opinion. I expect delays to happen because they almost always do. Discussions with parties about offtakes are not offtake agreements yet and offtake agreements when signed are still not cashflow yet. Still gotta get helium out of the ground, composition analyse it, flow test it, produce a commercial quantity, refine it and bottle it. There are a heap of steps to the process before realising cashflow. I agree it’s coming and if all goes to plan it may come sooner than I expect but my expectations for cashflow are not anything imminent. Every step on the path will derisk BNL further and I expect a corresponding SP increase. The following months very well could contain the catalyst for a big jump in SP. There are plenty of very enthusiastic people on this forum adding their hope and dreams to BNL, Im in this with you all but I’ve a very critical (and many say cynical) eye. A bit of balance in these threads isn’t a bad thing is it? I don’t like losing money any more than the next fella.
 
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