Does anyone disagree>?
close to 3 million per year from Rocket 2 & Yegua already in place.
JET 3 flagged as a strong well could drop another 2 million onto the bottom line.
bringing revenue to 5 million++
Currently 5 million in cash at bank
Market Cap 15 million
Marlin 1 Next to drill and many more to follow.
Market Currently valuing Rocket 2 & Yegua cash flows and the upcoming 25 drill target programme along with the 25,000 acres of texas lease and partnership at "just 10 million" considering the cash at bank.....silly cheap.
P/E of 2 anyone
Is Although likely...If not with JET 3 then marlin....
Bur anyway you look at it BURs share price has to do summersults at some stage.
The share price has under performed the charted All ords, yet fundamentally the company is outperforming the average and elite.
Enough Leverage to make you smile
AA
multi bagger in the making
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.30M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $14.12K | 108K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 99999 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| BUR (ASX) Chart |