BUL 7.14% 5.2¢ blue energy limited

shorts, page-31

  1. 7,856 Posts.
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    nursery,

    It appears you are not a big fan of BUL … No prob's … some people thought Hitler was a good bloke too, so diversity of opinion is always out there (not suggesting you thought Hitler was a good bloke btw, just in case you don't realize that's only an analogy)

    You like to ask people why they think it's a good time to buy BUL, or a good stock to buy, when they utter as much. I'd like to ask you in return, why the particular tone one detects from you on each of these occasions? Doesn't the fact that the stock is back to levels of a year ago and so a market cap of only $85m with certified reserves, sound pretty good reason? The company has CA's in place so is not at liberty to discuss any detail of discussions they may be having, other than to say "they are having them"... So stuff is going on, albeit taking time. Is this also not good reason?Relationships are complicated and big business takes its time about doing stuff as we know. Calm waters do not mean nothing is happening (nor does it prove something is about to happen either, I agree).

    Don't you think a company with certified reserves and a massive contingent resource nearby to Gladstone, in the current gas environment, has a juicy factor to it? Think you'd be on your own if you did...

    Kip
 
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Currently unlisted public company.

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