BUL 7.14% 5.2¢ blue energy limited

It is an interesting question . I have been watching the other...

  1. 326 Posts.
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    It is an interesting question . I have been watching the other csg companies as well and they to are being held back , possibly they are waiting for the go ahead from santos with there fid decision , we are also waiting on results for production well to convert 2c and 3c reserves to 2p and 3p that will defiantly give blue a value in dolar terms . I am surprised it is still as low as it is but not for to long i imagine . We have de risked considerably since the csg industry has been given the go ahead for the lng plants in Gladstone .We have kogas wanting a 15% stack of lng plant , when we prove up our reserves i can see them doing a deal with blue for sure . All i say is look at the downside compared to the upside. i know it can be frustrating watching a share do nothing foe ages when other shares are moving but if you have done your research and are comfortable then all it is is a matter of time when it moves is an unknown but i truly believe it wont be to long before we see some movement . I look at that big sell order and can only see games by the big boys let them do what they have to do and enjoy the ride good luck all
 
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Currently unlisted public company.

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