BLU
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12.5% 0.9¢ blue energy limited.

Ann: Blue Raises $10 million in strongly supported Placement, page-7

  1. GasBaron
    128 Posts.
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    22/09/21
    11:20
    Post #: 56260287
    BIG change of strategy if Blue actually start drilling some wells.

    Risky because it is possible that the acreage isn't as good as they have been telling shareholders it is.

    Nonetheless, it's the only way (in my view) that they will be able to de-risk the acreage and convince gas buyers that they could produce gas.
    BLU Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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