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9.09%

1.0¢ blue energy limited.

BLU FUTURE, page-363

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AusDangPowers

423 Posts.

137

10/04/22

12:00

Post #: 60765673
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Originally posted by AusDangPowers: ↑

What are peoples best estimate of the company mrkt cap, once production go ahead happens. How much will blu need to raise to move ahead.

i dont know at the minute, but lets say they need 250mil, 150mil could come from a bank loan, with 100 from cap raise.

Smart mgmt would release the drill results, firm up resource, before even talking about when prod'n etc.
Why?. The higher the share price, the less dilution to go ahead. Cmm drove the stock from 8c to 16c before declaring a cap raise.

After the raise, expect a 10 or 5 to 1 reverse split.
Why?. The market perceives quality above that $1.

I expect 1bill could result from just bowen, simply be ause many people will jump in knowing the potential.

1bill - 250mil =750mil. 750/130mil current = 5.76 × 9.7c = 55c. I still allowed the full 250 investment to come of the mrkt cap, but what this shows is 75c is acheivable, if they go ahead AND rumours of another basin fast track.

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The valuations dont look at capital expenditure etc, they are purely from a resource view.

A report also come out in last few days detailing that hydrogen is ONLY 50% as good as they thought. In other words, their emissions calcs are 100% out!.

BLU Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $18.50M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$6.203K	593.0K

Buyers (Bids)

No.	Vol.	Price($)
5	1782505	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1600006	3

View Market Depth

No.	Vol.	Price($)
5	1782505	0.010
13	2798666	0.009
14	2908271	0.008
9	5456851	0.007
9	11749667	0.006

Price($)	Vol.	No.
0.011	1600006	3
0.012	1144838	2
0.013	2767831	2
0.014	40000	1
0.015	489069	2

Last trade - 16.10pm 29/07/2024 (20 minute delay)

BLU (ASX) Chart