This surplus ramp gas gets gobbled up by Gladstone exports. Then the whole mood changes because suddenly gas has leapt in price and contracted volumes are short. . A completely different culture. BUL's permits will be shown as relatively good prospects as Gladstone seeks to meet its contracted volumes. Some of them are pure common sense.
Will take some time. I sometimes think we should ask J&J to stand down and report to the company secretary on a consultancy basis. Like $10k each per annum until things hot up which could be 2 years away....., and then re-instate one of them when things get tight for gas further down the road. The other can stay as a cosultant at$20k...... We are marking time. But one day we will have our day. Please read latest reports.
It is just the way I feel. Optimistic. Things are going to change. But it will be quite a while. A report on MEL today was informative.
BUL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
