Agree as they screwed up last year's cap raise on the one hole gamble instead of opening up already known reserves. (last we heard it wasn't actually plugged and abandoned).
In hindsight this has pushed them into a corner now and instead of actually having flowing scalable, saleable helium they have had unused processing facility agreement and infrastructure sitting around just for photo ops..
No cash flow and market very wary of spoken and writing outcomes from the team.
ROI is the name of the game and as yet.. Not a lot of tangable evidence being presented to holders of any successful outcomes..
i. e sales to market..
Still going to be an interesting one on this agreement as we really will see how far thier backs are to the wall..
BNL Price at posting:
0.5¢ Sentiment: None Disclosure: Held
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)