My updated research notes below
Value for this at a $23 million market cap is crazy cheap and should be at least double the market cap imo and this is why…..
✅ Recent drills hit 62m of collective #spodumene bearing #pegmatites and increasing drilled #spodumene intercepts by a HUGE 45%. Assays for CHUBB first 4 holes due in under 3 weeks. Previous historical drills in 2022 retuned 1.57% Li20 with field work started in the north and south to expand on the CHUBB project. Visuals are very similar to those that returned 1.57% Li20 in 2022.
✅ Drilling begins at BOUVIER soon after acquisition completed at the end of May that had spodumene intercepts of 13.7m from 35m
✅ Field work begins at previously owned $DLI #lithium tenements this month or next
✅ Chubb #lithium project 10km from $SYA #NAL project with historical hits such as 12.7m at 1.57% li20 from 108m and 11.8m at 1.28% Li2O from 83.2m.
✅ Bouvier #lithium project 10km from $SYA #Authier project with historicals such as 4.1m at 1.12% Li2O from 19.1m and 3.1m at 1.5% Li2O historical resource of 907,000 tonne at 1.39% Li20
✅ 2 x #lithium projects 15km from $DLI Yinnietharra project and 6km from $VSR - these projects were previously owned by $DLI with mapped #lithium #pegmatites
✅ Yerecoin #ironore project with a resource of 247mt @ 29.9 Fe w/magnetite concentrate, at 68% Fe concentrate grade. Warden court hearings to confirm access to the resource.
✅ Hamersley #ironore heritage agreements and flor and fauna studies pending
✅ Continuing to review further acquisition opportunities
✅ Clive Jones $GLN advisor in top 20 share holders of $BUR
✅ David Crook ex director of $ESS and founder of Pioneer Dome and also the lead geologist at $CHR who found the ore body there
✅ Robert Jewson & Peter Gianni have a large stake in the company and are well known vendors and vended the last two Canadian projects
✅ Canaccord are advising them who were behind #GT1 and #WR1 and own over 10% of the company from IPO price at 20c
✅ Broker data reflects brokers soaking stock with $UBS the largest net buyer with another 200,000 bought in May at 28c holding over 1 million shares now at an average of 28c
⚙️ #Top10 own 42 mill shares or 48% of the COY
⚙️ #Top20 own 59 mill Shares or 67% of the COY
⚙️ #Top30 own 68 mill shares or 77% of the COY
⚙️ #Top50 own 73 mill shares or 83% of the COY
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- Updated BUR Research Notes 09/05/2023
My updated research notes below Value for this at a $23 million...
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $22.55M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 14.0¢ | $25.72K | 170.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22625 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 14000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22625 | 0.145 |
2 | 110000 | 0.140 |
1 | 25000 | 0.135 |
1 | 62999 | 0.125 |
2 | 183333 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 14000 | 1 |
0.160 | 14628 | 1 |
0.165 | 64781 | 3 |
0.170 | 203250 | 3 |
0.175 | 10000 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
  |
Change
-0.010 ( 6.45 %) |
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Open | High | Low | Volume | ||
15.5¢ | 15.5¢ | 14.0¢ | 60417 | ||
Last updated 11.53am 21/05/2024 ? |
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