BNL blue star helium limited

Yes I was wondering why they never released a Sproule report...

  1. 4,687 Posts.
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    Yes I was wondering why they never released a Sproule report with updated reserves and resources for Galactica Pegasus given four wells drilled and flow tested there..

    If they were going to increase the reserves and resources and hence improve the chances of hitting those first two performance rights they would of released a Sproule report on Galactica/Pegasus in my opinion as they mentioned in the 2022 Half Year Report was in process. By not releasing it leaves questions marks on where they stand now at Galactica/Pegasus ?

    Those first two performance rights about to expire and won't be hit at a guess. The remaining three might get hit though. Three is just drilling? Four FID for a facility albeit its leased might count. The fifth is fair enough if met via first helium sales I reckon.

    https://hotcopper.com.au/data/attachments/5860/5860902-762381ec8235b372ed171580a3f1ba72.jpg
    https://hotcopper.com.au/data/attachments/5860/5860899-56206bfd926930fb2a8acaf8a4695761.jpg

    https://hotcopper.com.au/data/attachments/5860/5860905-4db736cfe98e938aed8d45a5e4256ea3.jpg
    https://hotcopper.com.au/data/attachments/5860/5860908-ef5135e78c65a97cbf11e35d7efd1a2f.jpg

 
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