What I know is that volume increases as a cube of distance so that a relatively small change in seismic measured distance implies much more significant changes in resource volume. 700m cubed is only about half 900m cubed. Our resource estimate will be greatly dependent on luck.
If we do get a good seismic result, the market will react cautiously as it has for any bit of good news put out by Buru in the last couple of years. I don't think the share price will be rocketing upwards.
Getting funding in place will be really important.
What I know is that volume increases as a cube of distance so...
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Last
9.5¢ |
Change
-0.001(1.04%) |
Mkt cap ! $63.77M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.1¢ | $22.14K | 240.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 91681 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 2216 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
9.3¢ |
Change
-0.001 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.5¢ | 9.2¢ | 75543 | ||
| Last updated 15.56pm 10/05/2024 ? | |||||
| BRU (ASX) Chart |