BLU has also lost most of its acreage for failing to meet work commitments. None of these were declared to market (eg losing the Maryborough permits). A simple search provides the attached which indicates the Regulator had a view to cancelling many of their other permits for their shortcomings as an exploration company: https://www.daf.qld.gov.au/__data/assets/pdf_file/0008/1546028/19-091a.pdf
This is just a lifestyle company for the directors who rely on everyone else to do their job for them (eg a pipeline to market) and have done nothing for almost a decade other than take shareholder money. Any investor should be aware of these shortcomings and failings.
BLU Price at posting:
5.6¢ Sentiment: Sell Disclosure: Not Held
