Right got me a few BUL shares 6.6c looks very cheap on 2C reserves IMHO
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Right got me a few BUL shares 6.6c looks very cheap on 2C reserves IMHO
Patience required on this one as they could do
a deal next week, next year, or whatever. Some
punters have got tired of waiting and headed
for the hills.
And the dumping continues 5c now looking like the 4's might be on the cards major holder/s not happy with mgmts slow pace and bonus shares
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Blue management still negotiating with potential buyers. In the meantime the SP has drifted down substantially but seems to have found support
at five cents. In the quarterly the story is the same and what a long story it has been. Absolutely, absolute patience and forbearance has
been required and is still required. An ability to "hang in"and have faith in the story is a prerequisite to owning this stock.
The smart ones would have sold out long ago and are probably buying back in for the forth or fifth upswing.
I reckon most of the top tier players such as Santos and Origin are so leveraged they wouldn't be interested in taking out BUL .Senex
has the Western Surat Gas project and project Atlas to progress and no money left over with all that CAPEX. Without a GSA Blue looks all
dressed up with nowhere to go.
Yes, I guess it hard to neg gas contracts when there isn't a pipeline yet in place.
I do think in time it will be in place and BUL will be taken out even by an overseas energy player..
Got a few more in the mid 5's
forward outlook sees East coast gas much higher
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
BUL starting to roar a little as Aust, East Coast gas shortage becoming more apparent. Fed. govt have shortlisted 12 projects as candidates for Federal support 5 of which are gas. https://hotcopper.com.au/threads/boo...st_id=37911285
BUL starting to roar a little as Aust, East Coast gas shortage becoming more apparent. Fed. govt have shortlisted 12 projects as candidates for Federal support 5 of which are gas. https://hotcopper.com.au/threads/boo...st_id=37911285
At last the Australian energy issues coming home to roost. Fed Govt to spend mega bucks on gas fired generation and gas pipelines. Lots of articles in media here is one. BTW Blue Energy ideally placed, up 28% on news today. https://www.bing.com/news/search?q=M...on&FORM=NWRFSH
At last the Australian energy issues coming home to roost. Fed Govt to spend mega bucks on gas fired generation and gas pipelines. Lots of articles in media here is one. BTW Blue Energy ideally placed, up 28% on news today. https://www.bing.com/news/search?q=M...on&FORM=NWRFSH
Thanks Trev, havnt looked at this sector for yonks. Slumbering BLU Beast awakes with a gassy belch. Is fracking accepted now, ive no idea.Any other stocks to check out, thanks, JT
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Originally Posted by JBmurc
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