Australia's largest stock trading and investment forum Australia's #1 stock forum

BYH

Click for more information

0.00%

0.8¢ bryah resources limited

but the old addage of, don't continue to make a mistake, just...

First 16 Last

Share
Profile

Follow
madkat

797 Posts.

82

25/05/22

09:24

Post #: 61603864
Share

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.

Expand

but the old addage of, don't continue to make a mistake, just because you've spent a lot of time making this mistake or the old, 'don't throw good money after bad' the list is endless. give up on reedy, go for the Li-Ni the 2 hottest commoditties atm. what a waste.

BYH Price at posting: 4.3¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 16 Last

Add BYH (ASX) to my watchlist

(20min delay)
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¢	35526	2

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	35526	2
0.009	1320341	1
0.010	3246741	6
0.011	2027135	4
0.012	2602670	7

Last trade - 10.00am 07/06/2024 (20 minute delay)

BYH (ASX) Chart

Day chart unavailable