BUR 9.09% 10.0¢ burley minerals ltd

Tc What's it matteryou don't have moelleryou don't have the...

  1. 1,469 Posts.
    Tc

    What's it matter

    you don't have moeller

    you don't have the options to pay for another 10 or more wells

    so where is the upside going to come from now,

    Your production rates will be dropping off as fast as what the new wells add if they can only afford to drill a couple wells a year if they don't cap raise it could be 6 months before next drill



    share price comes from company profit hitting the ballance sheet. This was going to happen with options pulled over the line by moeller.

    That bird has flown
 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.010(9.09%)
Mkt cap ! $15.03M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $53.59K 532.6K

Buyers (Bids)

No. Vol. Price($)
2 150000 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 25000 1
View Market Depth
Last trade - 14.26pm 06/09/2024 (20 minute delay) ?
BUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.