is it just me or is this thread nonsense?investment > exploring...

is it just me or is this thread nonsense?

investment > exploring > cash burn > acceptance of risk.

Consider Stanwells position of $35m entry thay is no equal to $11m.

I think that Blue have done a pretty good job at piecing through some 30,000km^2+ of acreage. The only disappointing thing is that they have not arrived at exploration for 814 and 813 earlier. But I am sure there is a strategic reason for that.

Perhaps it is easier to think of the BULs value in terms of how much AGKs permit is valued in BULs immediate vicinity to 814. In the order of 100s of millions compared to Blue Energys current MC of $80m.

SF