Just sent this message. I'm not hopeful of an answer, as I've received nothing from prior attempts. We might need more holders to stir the pot and hold them accountable to commitments...
...Hello, I am an investor in BNL and hope you are able to shed some light on the rolling permit strategy. I would appreciate if you provide some details as to why there have been no further COGCC submissions in the last ten months.
In previous ASX announcements (quoted below) you have stated that further location and permit applications would have been submitted by now.
Given the timeframe of the Enterprise 16#1 permit, the apparent lack of any further submissions to COGCC is quite disconcerting. Considering you announced to the market on 30 June that you expect to submit multiple locations to COGCC during August, this is important information for a shareholder (and the market) to understand why this is not the case.
Regards brettskiscorpio
ASX Announcements 29 Oct - Quarterly Activities Report "Blue Star continues to progress multiple further exploration well permits through the approvals process. Blue Star continues to progress multiple further exploration well permits through the approvals process."
23 Aug - Enterprise 16#1 Permit Update Trent Spry stated…"We expect to achieve completeness on future applications in a much shorter time frame because we now have a form of application that meets COGCC’s expectations"
30 June - Quarterly Activities Report "Blue Star submitted initial drilling locations for a further four wells (to test the Galactica and Pegasus prospects) to the State Land Board in late July. Following County review, these applications are expected to be submitted to COGCC during August."
BNL Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
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