Looks at where BLU is at present - suspect BLU is largely followed by retail buyers & they don't appear to be confident in BLU's prospects.
Unlike PETRA Capital & those that came before them:
Is this a realistic target $ 0.40 cents? many a year ago before BLU gained extra acreages & before Fossil Fuels got a kick along courtesy of Putin the target was somewhat above $1.
What will the takeover of Origin lead to regarding MOU's with BLU?
It's time we had a timeline of projections, realistic ones - not brokers expectations which don't include timelines - realistic projections as to when & how BLU will progressively "Most Likely" unlock their reserves.
Our God is awaiting for many of us, may the Johns give us guidance before we reach eternity!!!
BLU Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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