BNL 0.00% 0.6¢ blue star helium limited

Ann: Driller Arriving on Location to Drill BBB 33, page-103

  1. 58 Posts.
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    I agree with Squid. Barring any disaster with drilling- getting Voyager online gets us into the 4 cent area. I'm very happy getting Galtica/Pegasus online is now a 2024 priority. Cashflows are going to be incredibly tight though I imagine even if Voyager's launch is seemless as we need to keep drilling/expand quickly and it well be several months before we have producing the full 38mmcf. So thinking this is more slow ride than rocket.

    HOWEVER- also think once positive news re: drilling is out, our profile as an acquisition target changes....

    Basically I distill this to, avoid drilling disaster here and we are heading north for a good while.

    Happy to hear what others think.

 
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