BNL 16.7% 0.5¢ blue star helium limited

Ann: Significant Helium Discovery at State 16 Well, page-168

  1. 1,667 Posts.
    lightbulb Created with Sketch. 237

    This team has already shown its colours. I have seen no buying from directors in the last four years.
    I can recount sales that topped up their pay packets, and, as we sure saw in the first downward leg hit, (in hindsight would have been a good idea to dump at the same time as well - which not long after I thinned out to a smaller holding as shown on my sentiment for almost two years now)
    then, a director gambled that the Dec well drills would hit which leads us to these price points now.

    This shows that he has as much of an idea as the next person, even with the working data he has on hand.

    256,

    Politics aside, we are far from any policy changes, and I can't see anything happening until next year. Even then, it will be messy. Plus, we have US LNG ships sailing across the ocean in place of the Russian piped. It will be hard for them to give that up now.

    This push to .05 on Friday was Broker, as its tiny sales were on close. Thus, the sharks are in for their pound of flesh as the lower the Cap raised, the better it is for any push-up that might come on their next set of results.

    03.07 last update: We have to be close to updating the market on the progress of the last hole and then a strategic direction for the next few months.
    This is how they tracked last year when they were flush with cash and moving n to the drill.

    I will see if this posts.

    https://hotcopper.com.au/data/attachments/6326/6326923-d2a0d72376e7716bee3532ee2dad9a13.jpg

    It looks like it has; thus, we can plot and compare how well they do with keeping holders informed into the last 6 months of this year.



 
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