Blue Energy... BUL... CSG... 21.3 TCF GIP... [Archive] - Page 2

bermuda

09-04-2011, 06:26 PM

Hi B,

i sent you a pm about 3 weeks ago did you read it ?

Ron
Hi Ron,
I have not seen it. The last pm you sent me was about the 2nd OXX drill being a better chance that the first. That was just before the bbq here. Which we discussed.

I am sorry I have not seen any others although I did get a message from the administrator recently saying that my inbox was full and that Brut was trying to send a message. So I have cleansed my file.

Here's to OXX and BUL.
Cheers

STRAT

13-04-2011, 04:49 PM

Looks like the charging BUL has come up against a Cattle Stop

Paddie

13-04-2011, 06:30 PM

Hi Strat,

A cattle stop maybe, but a buying opportunity as well.

Cheers
Paddie

STRAT

13-04-2011, 06:35 PM

Hi Strat,

A cattle stop maybe, but a buying opportunity as well.

Cheers
PaddieHi Paddie.
You may well be right there. Thing is, nothin seems to happen too fast in BUL Land and Ive got no spare money right now lol

ronthepom

13-04-2011, 08:07 PM

Hi Ron,
I have not seen it. The last pm you sent me was about the 2nd OXX drill being a better chance that the first. That was just before the bbq here. Which we discussed.

I am sorry I have not seen any others although I did get a message from the administrator recently saying that my inbox was full and that Brut was trying to send a message. So I have cleansed my file.

Here's to OXX and BUL.
Cheers

Hi B,

check your mail, i've sent you a PM

Ron

Paddie

19-04-2011, 01:31 PM

Some good support today for BUL considering how the overall market is faring.

Paddie

Rabbi

19-04-2011, 04:06 PM

Some good support today for BUL considering how the overall market is faring.

Paddie

I was just thinking that. Bank of America are now a big holder with 50 million shares and they tend to play around with the SP by buying and selling. They are in Beach as well and they manipulate their SP up and down. I'm not sure whether they are shorting or just trading but whatever it is it causes volatility.

JackSprat

19-04-2011, 05:23 PM

I was just thinking that. Bank of America are now a big holder with 50 million shares and they tend to play around with the SP by buying and selling. They are in Beach as well and they manipulate their SP up and down. I'm not sure whether they are shorting or just trading but whatever it is it causes volatility.

A bank does Day Trading, good grief and America's credit rating has been down graded to an AAA

Rabbi

19-04-2011, 08:28 PM

Must be Mathew capital partners using BOA, they are at 7% so have gone substantial.
I would expect them to play around with the SP, "actively controlling their holding". Smart boys with big pockets.

Have a feeling they might have a position in BOW as well. If so that would mean they must think this sector will heat up again real soon as they don't tend to take overly long positions.

They got burnt with BPT after the GFC but returned with a vengeance.

Seems that they like gas and plenty of it. Interesting.

STRAT

27-05-2011, 01:21 PM

Wow. MC now 60 million.

Would any of you FA guys care to put a value on BUL for me?

drillfix

27-05-2011, 01:27 PM

Hey Strat, there you are, where you been mate, been a while since we seen some of the Strat posts anywhere.

Welcome back and hope your keeping well. :)

STRAT

27-05-2011, 02:46 PM

Hey Drilly.
Been very busy with work plus still in the "NO BUY" zone so not a lot to say.
That said, GOR and NWE lookin good today.

How you doin?

drillfix

27-05-2011, 02:54 PM

Doing Ok I guess under the circumstances, but as usual, could be better, could be worst, but then such as life. As long as I am breathing and can smile and laugh at the previous triumphs or mistakes I think I will be fine.

Have not been following GOR much, but remember the old NWE days where they used to hand out lashes of the whip for even attempting to trade them, and now look at them. Grass always seems greener on the other side...lol

Take care and catch up again hey.
Cheers :)

ronthepom

07-06-2011, 07:58 PM

Hi Shasta,

can you put a value on BUL please they have to be cheap at 8.2 surely/ thanks

Rabbi

17-06-2011, 04:23 PM

Hi Shasta,

can you put a value on BUL please they have to be cheap at 8.2 surely/ thanks

Even cheaper at 7 cents.
Anyone got any theories why this stock is being dumped?
After all, Matthews capital thought they were a buy at 8 cents. Good acreage but behind the eight ball getting reserves certified.

STRAT

17-06-2011, 05:58 PM

Even cheaper at 7 cents.
Anyone got any theories why this stock is being dumped?
After all, Matthews capital thought they were a buy at 8 cents. Good acreage but behind the eight ball getting reserves certified.Just another baby going out with the dirty bath water

drillfix

17-06-2011, 07:09 PM

Well, bath water or baby, it don't matter in these markets, let alone the sector as a whole.

If I had a favourite down trending stock to use as an example, this would have to be it.

STRAT

18-06-2011, 10:31 AM

Well, bath water or baby, it don't matter in these markets, let alone the sector as a whole.

If I had a favourite down trending stock to use as an example, this would have to be it.
Hi Drilly.
Dont know about it being a favourite. Bit hard to read with quite a few false starts all the way down. The last one was fairly convincing too. On my chart the down trend is riddled with markers saying "BUY???". lol

Great bit of dirt but they just dont seem to get things done. At 5 to 7c its got to be/ maybe worth a punt eh?

Chances are though, the Market will turn, BUL will creep back up to 10-20c and still nothing done.

Lots of other Specs that have also been hammered and more likely to announce something good sooner rather than later I reckon.

Jay

18-06-2011, 01:21 PM

Lots of other Specs that have also been hammered and more likely to announce something good sooner rather than later I reckon.

Let's hope so Strat, I could do with a few getting a lift up

drillfix

18-06-2011, 02:08 PM

Hi Strat,

Yeah, I dont dismiss for one second that many specs have been completely and totally hammered, but when viewing the charts over the past say approx 6+ months you can see trends that view like the side of a mountain and many fallen off a cliff type of view.

What I meant with BUL though was that is has a long sloping Ski Slope type view with all classic equally dispersed falling MA's, hence my example of the downtrend comment.

No doubt when the sector and stocks sentiment changes this will change and thus too the Trend with it. Once that is achieved then no worries about it going back up again, yet Technically at present this is a hard thing to do whilst as you know the world is full of uncertainty along with the current Global Sentiment as well.

gazprom1

06-07-2011, 02:22 PM

From 6 cents to 8.3 cents in a week. Still a horrible SP.

Gazprom

Rabbi

06-07-2011, 03:06 PM

Not so horrible if you are trading.
30% profit in a week you bought at the lowest.

gazprom1

19-07-2011, 12:35 PM

Nice rise in the past couple of days probably on the back of the ESG news.....

Rabbi

27-08-2011, 12:17 PM

Nice rise in the past couple of days probably on the back of the ESG news.....

Seems to be a bit of interest in Blue Energy with the CSG sector heating up again with recent takeover activity.
There is potential for BUL to achieve significant 3p and 2p reserves and their acreage is well located.
The next few months could be a turning point and well worth a punt at current price.
KOGAS and Stanwell corp. are cornerstone shareholders as well as Matthews Capital partners .
Blue Energy is undervalued and still under the radar.

Financially dependant

27-08-2011, 04:42 PM

Seems to be a bit of interest in Blue Energy with the CSG sector heating up again with recent takeover activity.
There is potential for BUL to achieve significant 3p and 2p reserves and their acreage is well located.
The next few months could be a turning point and well worth a punt at current price.
KOGAS and Stanwell corp. are cornerstone shareholders as well as Matthews Capital partners .
Blue Energy is undervalued and still under the radar.

The FA has always been good, now the TA is following....BUL broke out of a year long down trend with good volume (gapped up over the trend line, classic!), there still seems to plenty of punters selling into the rise so I am looking to see if a up-trend is confirmed. Getting ready to buy again...

drillfix

27-08-2011, 10:14 PM

I have been watching this too guys. Quite interesting, as there have been a few stocks or sector on the move, but just wondering if this is a real deal continuation or just a false "what sector will be next move" type of event.

Perhaps a rotation of money which will last until a complete solid move shows us the conviction? Time will tell.

Shrewd Crude

05-01-2012, 02:41 PM

absolutely incredible... beyond belief....7.4cents...
what is going on...
:cool:
.^sc

kiwiwim

05-01-2012, 03:03 PM

Just one XT trade of $3700!
Guess not much going on.
Happy New Year Michael

drillfix

05-01-2012, 03:50 PM

absolutely incredible... beyond belief....7.4cents...
what is going on...
:cool:
.^sc

Shrewdy,

When stocks rise and then idle, and then completely idle, I tend to blame management for lack of creativity and use of power of their position into making "Their Companies Story" into something convincingly worthy so to speak.

This does not mean make up fairy tales and tell lies, but more so, show some stamina in the Belief for anybody whom wishes to invest in the company. Management seem too passive for my liking, kinda like the Kate Hobbs Syndrome, where by the do and say something once and they think that will cut it, and then meanwhile back at the ranch, the shareprice is sitting on a piece of thin ICE ready to collapse potentially.

Each to their own though, but who would have thought that when this was 20c + that the stock would be sitting at this price where it is today approx 7.4c with a 52 week low of 6c.

A joke and serious management need to do exactly that = manage seriously.

Rabbi

06-01-2012, 09:44 AM

No investor interest in BUL and none likely in the immediate future. With not much of an increase in 2P reserves over the last year the SP is languishing. Even worse to come when they run out of cash and have to further dilute with a capital raising or another private placement.

Stanwell and kOGAS are still on the register along with Phil Mathews but apart from that not much to like about BUL

Shrewd Crude

06-01-2012, 01:53 PM

hey hey wim,

Alot of investors/posters have the same feeling/sentiment as the share price...

This company is still going to be huge, it just takes more time...
BUL hold some key jigsaw pieces,
give it time...
watch this roll out...
:cool:
.^sc

ronthepom

06-01-2012, 04:18 PM

bermuda

06-01-2012, 09:29 PM

Got another 400k at 7.1
This is one long gestation.

The Big Ease

07-01-2012, 12:24 AM

you have gone in deep on this one Bermuda.
This and NWE look interesting. What are we waiting for on BUL?
It looks like NWE is just about to shoot through!

bermuda

13-01-2012, 10:33 PM

you have gone in deep on this one Bermuda.
This and NWE look interesting. What are we waiting for on BUL?
It looks like NWE is just about to shoot through!

Yes I have gone in reasonably deep because they have the acreage and their sp was held back by factors such as floods, Opes sga and Kogas sitting on the fence. These are the sort of stocks to accumulate before they blossom. As we get nearer to 2014 ( Gladstone ) this stock will realise its true worth. Also, and this is significant, we have got ourselves some very nice shales which are worth an awful lot of money.

Just have to be patient. ( in retrospect I could have done a lot better than get hooked into this slow coach...but every dog has its day and BUL's shales will surprise.

The Big Ease

14-01-2012, 12:08 AM

3750

They all look interesting, don't they.
Which is the "Surat" of them all?

The Big Ease

14-01-2012, 05:53 PM

This company made some big claims leading into 2011 abotu asx 2011, but seems to have only achieved a capital raising.
When is it going to get a move on?!

The Big Ease

15-01-2012, 11:53 PM

It's got a bit of CSG but even so, they're aiming for 3000PJ in 3P in 2 years
The shale hasn't even been awarded but probably a formality. It just looks like there is quite a bit to wait for before it can even start the engine.

How on earth did it manage to get Kogas and Mathews capital on board and then proceed to do nothing much else all year?
I suppose if you are patient, it's MC is sufficiently low to offer quite a few bags over time.

Yes I have gone in reasonably deep because they have the acreage and their sp was held back by factors such as floods, Opes sga and Kogas sitting on the fence. These are the sort of stocks to accumulate before they blossom. As we get nearer to 2014 ( Gladstone ) this stock will realise its true worth. Also, and this is significant, we have got ourselves some very nice shales which are worth an awful lot of money.

Just have to be patient. ( in retrospect I could have done a lot better than get hooked into this slow coach...but every dog has its day and BUL's shales will surprise.

The Big Ease

23-01-2012, 05:50 PM

What do you guys make of the location of the maryborough shale basin with respect to NIMBY's and environmental concerns.
It's right on Harvey Bay and Fraser Island (world heritage listed?)

It doesn't sound like that is going to be an easy ride, despite it's prospectivity.

Thoughts?

Pumice

15-02-2012, 11:06 AM

bermuda

15-02-2012, 12:26 PM

Former Santos chief executive John Ellice-Flint is set to join blue.
Have been following this stock, but havent bought any.

Blue reckons it has a rich 16,000 petajoules of gas in place in its Queensland tenements, which span the Bowen, Surat, Galilee and Maryborough basins. It is targeting 3000 petajoules of proven, probable and possible reserves in eastern Australia's LNG province by 2014.

Thanks for that info. Ellice Flint has been chasing Blue Fin Tuna. ( See Cleanseas Tuna annual Report ). Now he is chasing BLUE.
This CR is going to be very interesting.

Pumice

15-02-2012, 10:02 PM

BUL is in a trading halt.

Blue Energy Limited (Blue Energy) (ASX: BUL) notes the speculation in today’s media and confirms that it is currently in discussions regarding potential capital raising transactions with a number of third parties.

ronthepom

16-02-2012, 12:46 PM

Thanks for that info. Ellice Flint has been chasing Blue Fin Tuna. ( See Cleanseas Tuna annual Report ). Now he is chasing BLUE.
This CR is going to be very interesting.

Hi B,

I"ve sent you a PM.

Ron

kiwitrev

16-02-2012, 04:57 PM

Heavy trade so far today 23m shares up to 10c. Against the trend after ann. CR. and existing SH can participate at 0.625 up to $15000 in value. Clearly market likes news of Elice-Flint appt. Not holding myself (GLL) but sign of heating up in the CSG sector

Paddie

16-02-2012, 06:14 PM

bermuda

16-02-2012, 08:44 PM

Why wouldn't you sell your holding or some of it today (at 9-10c) and buy back in around the allotment date?

I am sure that this will head towards 6.25c, and even if it doesn't you can purchase 240,000 @.0625c if you take up your $15,000 entitlement.

Paddie

Hi Paddie,
The roses are blooming. You may be right about the sp retracing but I am hoping today's rise is because the market have been exposed to a CSG Company that could have 3000 3P by end 2014. At say 40 cents/Gj that equates to a share price of $1.66. And that doesn't even factor in their Maryborough shales.

This has been a good exposure for BUL today. Ellice-Flint could actually give this a shake. I will just sit and wait. What a reward.
Cheers and thanks.

gazprom1

17-02-2012, 01:27 PM

OutToLunch

17-02-2012, 04:02 PM

Makes sense. I've jettisoned my small holding too because I can buy them back at 2/3 of the price. It'll help blunt the pain of originally buying in at 23c :(

soulman

17-02-2012, 04:37 PM

Also, they say the SPP is capped so no guarantee everyone would get their $15K worth. Correct me if I am wrong.

OTL, small holding is good enough to get entitlement to the SPP. I wished I bought a few in the 7 cents region to get an entitlement.

Paddie

17-02-2012, 05:08 PM

Hi Paddie,

I have a modest holding in BUL (A$17,000 approx...was around A$40,000 when I bought it!!!) and do not want to have a larger holding despite its potential....probably will regret it in the months ahead. So, I have sold today at 9.4 cents and will take up my entitlement to the A$15,000 in full at 6.25 cents. Works for me.

Gaz

Hi Gaz,

If you sold 240,000 BUL @.094c (as you did today) you would get A$22,560 and you would buy the same amount back for A$15,000. A nice profit of A$7560 and then add on the exchange rate.
Easy money and I still believe that this will end up around .0625c.

Doesn't hurt to bank a few dollars in this market.

Paddie

drillfix

17-02-2012, 05:54 PM

Doesn't hurt to bank a few dollars in this market.

Paddie

You need to bold that with capitol letters Paddie, so well said~!

Gaz, undoubtedly I would do exactly the same had it been me and preferably before the rest of the market does it, so on that note, well done!

Not sure if I am still in a partial state of shock having thought about how I traded BUL when they were in the 20's, though I am sure following some of the basic rules of the Technicals can save you quite a bit of pain with one hand, although cost you dearly with the other hand at times, unless your finger is always on the pulse of course.

As always, time will tell.

gazprom1

21-03-2012, 10:11 PM

The SPP closes 5 April....SPP is 6.25 cents per share. Current price 9.9 cents. Max A$15,000. If SP holds A$8,760 profit in the trade.....risk is that SP falls back closer to allocation date!

Gazprom

soulman

21-03-2012, 10:57 PM

Sounds good Gaz. Anyone with an SPP form will be excited.

soltrader

28-03-2012, 10:49 PM

bermuda

29-03-2012, 09:48 AM

Scratching my head here. Does anyone have an idea why anyone would be buying at these prices and pushing up even further, given the price will likely fall back close to allocation price? Am I missing something here?

Soltrader,
The price is back to 8.8 cents as shareholders sell down the heads to get their spp at 6.25 cents. Best to think long term with BUL achieving 3000 3P. That, and Ellice-Flints Maryborough shale promotion could bring rich rewards. But don't count on it happening overnight. I have been waiting for years.

soltrader

29-03-2012, 08:13 PM

Thanks bermuda. The long term prospect is assuring. I was just wondering why anyone would be buying at, say 8, 9c or so instead of waiting for the price to fall (a very good certainty).

I guess it underlines how good the fundamentals are. Besides, in the final scheme of things, a few cents difference will be nothing.

CMo

13-04-2012, 04:22 PM

As predicted by Soltrader... BUL hit a low today of 7.0. Fighting back now to 7.4

Keeping an eye on this one but no funds to do anything at the moment!!

timmy

14-04-2012, 08:24 AM

Hi does anyone try to work out the scale back numbers?

gazprom1

14-04-2012, 11:51 AM

Hi does anyone try to work out the scale back numbers?

Hi Timmy,

If you look at Rule 10 of the SPP document they state (from memory) that those that are not holding their BUL shares at the time of the SPP issue (sold shares ex entitlement but before SPP issue) will be first to be scaled back. Therefore, IMO, it would be near impossible to work out how many shares you will get. I have sold mine so not expecting any despite going for the $15,000 maximum.

Gazprom

timmy

17-04-2012, 04:33 PM

Hi Timmy,

If you look at Rule 10 of the SPP document they state (from memory) that those that are not holding their BUL shares at the time of the SPP issue (sold shares ex entitlement but before SPP issue) will be first to be scaled back. Therefore, IMO, it would be near impossible to work out how many shares you will get. I have sold mine so not expecting any despite going for the $15,000 maximum.

Gazprom

Thanks Gazprom, I checked my account, I sold mine too. Just checked my account, got 2000 AUD worth share

gazprom1

17-04-2012, 05:23 PM

Thanks Gazprom, I checked my account, I sold mine too. Just checked my account, got 2000 AUD worth share

I guess it is better than zero - SP may be depressed for a while as some people exit their new shares at a premium to the issue price. How did you originally apply for?? I am away but cannot see any on my direct broking account.

Cheers
Gaz