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 has also lost most of its acreage for failing to meet work...
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1.1¢ |
Change
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Mkt cap ! $20.36M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.1¢ | 0.9¢ | $29.57K | 3.008M |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2890665 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 634395 | 3 |
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| BLU (ASX) Chart |