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0.8¢ bryah resources limited

have to disagree, just have to look at the 5 years of downtrend...

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Rogue Trader

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19/05/22

09:58

Post #: 61493942
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Originally posted by stoopy: ↑

I see this as a positive move. BYH have a limited amount of working capital (around 1.6m?). They need to concentrate on their more advanced projects. I acknowledge that we have missed out on the lithium buzz, but BYH are only a small company and in my opinion, if the deal goes through, it is quite a shrewd deal. They don`t appear to have outlayed a lot of time or money for a relatively large return. This will be a similar deal to the one that involved Star Minerals (ASX SMS). This is perhaps what may transpire with their other projects. Sometime back there was a potential deal which entailed an offer of $5m for their manganese. The deal fell through but now that prospect is more advanced and there are recent drilling results still to come through. BYH have also been awarded government grants towards their drilling costs in the Bryah Basin (Windalah $140k and Olympus $130k). Both of these projects are targetting a copper/gold resource.

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have to disagree, just have to look at the 5 years of downtrend of the share price, BYH needed this to bring some hype back in the stock, unless management know the tenements were absolute rubbish, this was a poor move

BYH Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
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Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $3.484M

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

Buyers (Bids)

No.	Vol.	Price($)
16	3170044	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	15526	1

View Market Depth

No.	Vol.	Price($)
16	3170044	0.007
5	961825	0.006
7	1799990	0.005
2	1988888	0.004
5	3276012	0.003

Price($)	Vol.	No.
0.008	15526	1
0.009	1319261	1
0.010	3246741	6
0.011	2027135	4
0.012	2602670	7

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