Have to agree with you totally SC, buy while they are cheap!!
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Got another 400k at 7.1
This is one long gestation.
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.
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They all look interesting, don't they.
Which is the "Surat" of them all?
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?!
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.
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?
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.