I beleive the 6 wells should deliver close to 16m usd per annum.
split it will deliver BNL 8m p/a and likely 5- 6m yr 1 )phasing)
so circa 9m AUD yr 1
also this will help generate a funding option for 100% sammins co2 and at $600 p/tonne and 12 tonne per day this has the potential to generate $3m p/annum
so allow phasing. - 2025 could have us at 10-11m revenue with circa 1.2m - 1.5 operational costs
hopefully the market will then see potential and at a avg as. Multiple of 13 x the company should be worth circa $200m
hopefully !!
DYOR
I beleive the 6 wells should deliver close to 16m usd per annum....
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Mkt cap ! $18.86M | |||
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| BNL (ASX) Chart |