You are spot on GUS and that's why the sp was 40c + during the hype years ago.
Some here called BUL a dog stock but let's face it, the gas is there and a lot of it. BUL hasn't just got the numbers certified but as soon as the LNG plants start to fully operate more gas is needed. Adding now parts of the Maryborough basin to its tenements was a clever move I think. Living here in Hervey Bay, not far away from Gladstone, I can see on the daily basis how everything and everyone prepares for the LNG boom. It started in Gladstone, spread to Rocky and Bundy and now to Hervey Bay and Maryborough. And all the big players agree, they need more gas. Just a matter of time and the sp is back above 10c if not taken over before that.
BUL Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held
