BNL blue star helium limited

My maths double check to be sure I haven't made an error. If...

  1. 4,636 Posts.
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    My maths double check to be sure I haven't made an error. If accurate what should a company's marketcap be with pure profit potential from just its first project of AUD$38m to AUD$170m per year

    BNL 50m market cap approx

    38mmcf/yr = 38000mcf per year of helium gas

    US$750 to US$3000 per mcf sell price

    Revenue projected AUD$43m to AUD$175m per year

    Operating cost only US$84/mcf or AUD$5m per year

    Profit AUD$38m to AUD$170m per year projected

    Only about US$2.9m capex needed





    https://hotcopper.com.au/data/attachments/4920/4920410-20c059f561bd040bfbaffc0d673f6ac0.jpg
 
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(20min delay)
Last
0.6¢
Change
0.001(10.0%)
Mkt cap ! $14.82M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $5.693K 1.017M

Buyers (Bids)

No. Vol. Price($)
32 8680196 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1859554 4
View Market Depth
Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
BNL (ASX) Chart
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