Kogas are one of the world's biggest gas importers. Like BIG.
They were covering there bases when they bought into BUL. They wanted a certain reserve factor and BUL gave them that.
That BUL have said goodbye to Kogas has got to be one of the biggest signals to the market that BUL are about to be a serious player. They have big plans and they conflict with Kogas 's holding in that Santos JV.
The writings on the wall. This is going to get BIG. Dyor
Been wrong many times before.
BUL Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held