Really like the CY5 desk notes by Shaw and Partners and Euroz Hartley and imo shows you don’t need massive hits for great resource.
Shaws & Euroz estimate #CY5 will have a 7-12mt resource at 1.2% #Li20 w/ 12 month #price 45-46c or $100 mill MC
Euroz mentioned that every 10mt can potentially create $80-$120 million in exploration value.
CY5 $52m MC
- Pontax Ownership: Up to 70%
- CY5 - MRE for Pontax is due July 2023
BUR $20m MC
- Chubb Ownership: 100%
- BUR - Company indicated a MRE for Chubb by the end of 2023
- BUR - MRE for Bouvier in 2024?
CY5 desk notes look very good for BUR, page-2
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Last
12.3¢ |
Change
-0.008(5.77%) |
Mkt cap ! $18.42M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $41.68K | 331.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32174 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 185714 | 1 |
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| Last trade - 14.13pm 22/07/2024 (20 minute delay) ? |
| BUR (ASX) Chart |