BUR 6.25% 15.0¢ burley minerals ltd

My updated research notes below Value for this at a $23 million...

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    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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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
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
14.5¢
  Change
-0.010 ( 6.45 %)
Open High Low Volume
15.5¢ 15.5¢ 14.0¢ 60417
Last updated 11.53am 21/05/2024 ?
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