from the most recent corp. ann. the most recent evaluation date of the galactica/Pegasus was on 4th June 2021. See note 4 on page 2. I guess either Sproule didn’t do it or it didn’t provide anything materially different to what was already known. I don’t know why contingent resources were not a result. Luckily Red Rocks is already producing helium from next door however. im guessing (hoping) that the only reason BNL are starting with Voyager is because it is the only one with a contingent resource currently. Which I believe is a necessary step in the investment decision process. you are correct that it doesn’t all add up very well though. BNL have a habit of not hitting timelines and making statements that aren’t followed up as well as I would like.
BNL Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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